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Long-term viability of Mexico's Pemex is uncertain

Location:

MEXICO

The recent plunge in oil prices has set back the opening of the energy sector enacted by the government of President Enrique Pena Nieto, making investment in the industry less…

Low oil prices will force policy choices on Azerbaijan

Location:

AZERBAIJAN

The impact of prolonged low oil prices.

Kazakh policymakers seek growth in non-oil sectors

Location:

KAZAKHSTAN

The modest GDP increase is attributed to government support for the economy as well as steadier oil prices and the launch of production at the Kashagan oil field. Low debt levels…

Oil and gas prices boost Oman's financial position

Location:

OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…

High oil prices improve Bahrain’s economic outlook

Location:

BAHRAIN

Bahrain’s economic prospects have improved dramatically following the surge in world commodity prices in recent months. Strong oil and aluminium revenues have boosted the fiscal…

Mexico’s Pemex will retrench in a bid to survive

Location:

MEXICO

While such losses are enormous, they are far less than then 41.4-billion-dollar loss seen the previous year. Pemex has recorded 17 consecutive quarters of financial losses, with…

Pemex business plan draws scepticism in Mexico

Location:

MEXICO

It has proven a disappointment, failing to explain how ambitious targets will be met, while confirming the reversal of the oil sector liberalisation enacted by the Pena Nieto…

Algeria’s budget will drive up public debt

Location:

ALGERIA

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…

Russian external risk management constrains growth

Location:

RUSSIA

Russian management of external risks.

War in Ukraine will impel Kazakhstan to diversify

Location:

KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…