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South Africa faces structural reforms commitment tests

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SOUTH AFRICA

That is well above the less than 1% average growth rate over the past eight years but little more than half the IMF’s forecast for global recovery, reflecting South Africa’s…

Details will slow Paris Agreement's implementation

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INTERNATIONAL

The climate pact sets forward an ambitious vision of global climate governance, with significant implications for policymakers and investors, but the Paris Agreement will now move…

Saudi Arabia needs a strategy for the hydrogen sector

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SAUDI ARABIA

It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…

LNG producers will aim to cut their carbon footprint

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INTERNATIONAL

The companies use carbon offsets in a bid to sustain demand in the face of rising concern about methane emissions, evolving sustainability criteria, the adoption of carbon…

Turkey faces power shortages as gas contracts end

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TURKEY

Turkey stands to lose 21% of its import portfolio during the peak winter demand period. Take-or-pay gas import contracts signed two decades ago are coming to an end, and renewal…

EU’s gas position will remain exposed to shocks

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EU

It is expected to receive much less Russian gas this year than last. Power sector developments and increased liquefied natural gas (LNG) import capacity are both positive, but the…

Duque brings relief and risks for Colombian oil sector

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COLOMBIA

Not least among the fundamental disagreements between the rightist Duque and his leftist election opponent, Gustavo Petro, was the matter of how to steer the future of Colombia’s…