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1 – 10 of 13Earlier, on January 7, NOC was forced to declare force majeure at Sharara oil field, the country’s largest, after protests shut it down. Oil and gas usually account for more than…
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DOI: 10.1108/OXAN-DB284522
ISSN: 2633-304X
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…
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DOI: 10.1108/OXAN-DB284692
ISSN: 2633-304X
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Paraguay will now sell energy from the binational hydroelectric dam to Brazil at a higher price until 2026, after which the price will drop by half. The renegotiation of Annex C…
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DOI: 10.1108/OXAN-DB287336
ISSN: 2633-304X
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In March, Sonelgaz awarded 19 contracts for the installation of almost 3 gigawatts of solar power generation capacity. Increasing the renewables mix in Algeria's energy balance…
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DOI: 10.1108/OXAN-DB286498
ISSN: 2633-304X
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Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…
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DOI: 10.1108/OXAN-DB286287
ISSN: 2633-304X
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The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…
Iran’s increasingly skilled sanctions evasion (aided by less intense US enforcement) has made it the second-largest contributor to higher global oil output over the past year…
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DOI: 10.1108/OXAN-DB286770
ISSN: 2633-304X
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This is the trajectory followed by the majority of member states. However, blockages remain in east-central Europe, where Turkey could play a role in maintaining direct or…
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DOI: 10.1108/OXAN-DB286400
ISSN: 2633-304X
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It has experienced a surge in investment in renewable energy, with projects worth USD4.4bn under development and prospective investments of a further USD6bn. Renewable energy is…