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Worsening economic prospects in 2015.
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DOI: 10.1108/OXAN-DB198110
ISSN: 2633-304X
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Geographic
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This is increasing annually because of population growth and rising global temperatures. Exports of liquefied natural gas (LNG) are on hold until autumn, and upstream production…
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DOI: 10.1108/OXAN-DB281672
ISSN: 2633-304X
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Geographic
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This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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Yet market sentiment remains sceptical of Pretoria’s ability to deliver on the package, implement steep and politically contentious expenditure cuts and boost growth. Meanwhile, a…
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DOI: 10.1108/OXAN-DB257441
ISSN: 2633-304X
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The outlook for Petrobras.
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DOI: 10.1108/OXAN-DB201626
ISSN: 2633-304X
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Having increased the regulated price of diesel and petrol by 30% in mid-November, President Joko 'Jokowi' Widodo's government yesterday fixed the diesel subsidy at 1,000 rupiah…
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DOI: 10.1108/OXAN-DB195764
ISSN: 2633-304X
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According to preliminary figures, Pemex lost 333 billion pesos (17.8 billion dollars) in 2017, an increase of 74% on the 2016 shortfall. Oil production reached its planned target…
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DOI: 10.1108/OXAN-DB230534
ISSN: 2633-304X
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Geographic
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However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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Geographic
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US oil exports.
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DOI: 10.1108/OXAN-DB213134
ISSN: 2633-304X
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Geographic
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Output will expand at a steady pace while oil prices remain at profitable levels. However, US policy towards the sector has to incorporate a major contradiction: encouragement in…