“We want to position Colombia as the main destination for investments in the energy sector in the entire region.” Iván Duque, President of the Republic of Colombia. The Oil & Gas Year Colombia 2019 presents new initiatives of the Ministry of Energy and the National Hydrocarbons Agency to re-energise the investment panorama in the country’s energy industry, explore the benefits and costs of fracking, and therefore ensure Colombia’s energy independence and sustainability. “The current administration of the National Hydrocarbons Agency (ANH) is carrying out a regulatory adjustment to allow medium-sized and small investors to enter the sector […] so they can efficiently operate discovered and undeveloped minor fields.” Luis Miguel Morelli, President of the National Hydrocarbons Agency. This latest edition of The Oil & Gas Year Colombia provides foresight to investors and companies looking at strategic growth opportunities in the country, at a time when the Duque administration has rolled out its first significant fiscal and energy reforms.
Oil and gas production is expected to increase over the coming decade, with the ANP projecting an output of 5.5 million bopd by 2027-2028. Furthermore, 44 offshore production systems are expected to come on line by 2030. Brazil has started to attract the attention of oil majors across the globe and will continue to be a regional investment hub for years to come. As such, the report covers the laws and regulations of the new administration that will shape the local investment environment. This third edition also delves into other attractive business opportunities in Brazil’s conventional offshore and onshore basins. Less than 30,000 wells have been drilled in the country’s oil and gas history, compared to almost double that in Argentina and more than 100 times that in the USA. The ANP recognises the need to incentivise E&P in areas the prolific Pre-Salt Polygon. Despite the progress being made in the development of Brazil’s oil and gas industry, challenges loom overhead. Environmental issues will come to the fore as some segments of society contest the new administration’s move to a more laisssez-faire market approach, particulary in areas near the Amazon rainforest. The government is under pressure to tackle these issues and push forward the industry’s development. Extensive in-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to either expand their operations or enter the Brazilian oil and gas market.
TOGY is pleased to present The Oil & Gas Year Trinidad and Tobago 2019, published in partnership with the Ministry of Energy and Energy Industries and the Energy Chamber of Trinidad and Tobago. The Oil & Gas Year Trinidad and Tobago 2019 analyses this changing landscape and the approaches the country can take to maintain its competitive edge in the mid-to-long term, including the development of NiQuan Energy’s GTL plant and the establishment of the island nation as a logistics and training hub for Guyana’s burgeoning oil and gas industry. This fifth edition covers efforts to resolve continued gas curtailments via cross-border deals and negotiations with Grenada, Venezuela and Guyana, as well as through renegotiated contracts between producers and the National Gas Company of Trinidad and Tobago, and new gas production from super-major BP and local player DeNovo Energy. The book also showcases the expansion of the main ports at Point Lisas and Galeota, NOC Petrotrin’s challenges and subsequent restructuring, and the domestic EPC landscape. With gas coming on line from the startup of new developments throughout 2018, gas production has begun to rise steadily back up to previous levels. More gas is expected to come from offshore areas, such as acreage currently being explored by BHP Group. Trinidad and Tobago is awaiting the March 2019 start of commercial production at Caribbean Gas Chemical’s complex, which will increase the country’s competitiveness against other methanol producers in the Western Hemisphere. However, slowed gas production and feedstock supplies could potentially see the island nation pushed out of its position as the world’s top methanol producer. The Caribbean energy landscape is also shifting, with countries such as Grenada, the Bahamas, Jamaica and, most notably, Guyana delving deeper into their own oil and gas activities, looking to offset production gaps resulting from the current instability of regional heavyweight Venezuela. Extensive in-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to either expand their operations in or enter the Trinidadian market.
The Oil & Gas Year (TOGY) researched and created its Mexico 2019 edition in order to present readers with an exhaustive picture of the country’s energy industry. The research and publication of this year’s edition happens at an inflection point where under a new government, the industry is witnessing tangible changes to its operating environment. The book includes the perspectives of the most important stakeholders within the industry and features the most influential companies spanning the energy value chain. This exclusive material is complemented by articles providing in-depth analysis of the most pressing challenges Mexico faces today: increasing hydrocarbons production, boosting the development of the national industry and securing energy independence, among others. This seventh edition of The Oil & Gas Year Mexico provides foresight to investors and companies looking at strategic growth opportunities in the country, at a time when political transition and public policy changes are reshaping a globally important energy industry.
TOGY is pleased to present The Oil & Gas Year Guyana 2019, our first edition on the country. This booklet covers Guyana’s fast-moving developments, including recent hydrocarbons discoveries, increasing interest from international investors and preparations the government is making to ensure proper oversight and sustainable development of the local oil and gas industry, as well as opportunities for local and regional businesses. With 10 oil and gas discoveries in the Stabroek block and new exploration and development plans being set by a number of players, Guyana is a rising star in the global oil and gas arena. As of December 2018, 5 billion boe of recoverable resources have already been identified and there is excitement about the country’s further hydrocarbons potential. Government institutions and local companies have much work to do before first production is reached in 2020 and Guyana’s economy is forever transformed. So far, several significant milestones have been achieved, including the establishment of the Department of Energy in August 2018 to oversee and facilitate the industry’s development. Additionally, the World Bank and IMF have both contributed to the review and drafting of key oil and gas legislation. In-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to enter the Guyanese market.
Contributing to the emerging literature on the geopolitical and foreign policy implications of decarbonisation and energy transition processes, this book sheds light on the future of the European Union’s (EU) external relations under decarbonisation. Under the Paris Agreement on climate change, adopted in 2015, governments are committed to phasing out the emissions of carbon dioxide and other greenhouse gases over the coming decades. This book addresses the many questions around this process of decarbonisation through detailed analyses of EU external relations with six fossil-fuel exporting countries: Nigeria, Indonesia, Azerbaijan, Colombia, Qatar, and Canada. The authors systematically examine the six countries’ varying dependence on fossil fuels, the broader political and security context, current relations with the EU, and the potential for developing these towards decarbonisation. In doing so, they put forward a series of findings that should hold across varying circumstances and provide a steppingstone to enrich and inspire further research on foreign policy, external relations, and international relations under decarbonisation. The book also makes an important contribution to understanding the external implications of the 2019 European Green Deal. This volume will be of great interest to students and scholars of European environmental and climate policy, climate diplomacy, energy policy, foreign policy, and climate/energy geopolitics. The Open Access version of this book, available at http://www.taylorfrancis.com/books/e/ 9781003183037, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
The twin effects of the Saudi-Russian oil price war and the global COVID-19 pandemic in the first half of 2020 provided an extraordinary challenge for the already embattled Duque administration. What was meant to be a year of stable growth is virtually guaranteed to become the country's first recession since 1999. However, the quick and targeted government response at the onset of the pandemic and Colombia's strong macroeconomic fundamentals have most projections in agreement that Colombia will weather the storm among the best in the region, giving way to a strong recovery period. The Business Year's country-specific publications, sometimes featuring over 150 face-to-face interviews, are among the most comprehensive annual economic publications available internationally. This 172-page publication covers finance, energy, mining, industry, security, IT, transport, infrastructure, real estate, agriculture, health, tourism, and entertainment. The report features dozens of interviews, including:
Now in its 159th edition, The Statesman's Yearbook continues to be the reference work of choice for accurate and reliable information on every country in the world. Covering political, economic, social and cultural aspects, the Yearbook is also available online for subscribing institutions.
This book presents a comprehensive review of renewable energy-based sustainable drying techniques for developing countries. Aspiring towards a world with zero food waste, the book has provided discussion on sustainable drying techniques in terms of energy efficiency. The socio-economic condition of each developing country is unique; therefore, has specific technological requirements. As such, the book presents discussions on food waste scenario around the world, the socio-economic status of developing countries and their correlation with food. The book gives an overview of the quality aspects of drying, along with the required energy and time to retain these features. Additionally, a method of selecting drying techniques for developing countries, taking the cost and safety factor into consideration, has been discussed extensively Also, the renewable and non-renewable energy resources of low income, lower-middle income, middle income, and high-income developing countries have been analyzed and presented. The book also highlights the available drying techniques that are currently being practiced by the consumers and industries of developing countries. The book recommends ten sustainable drying technologies for the developing countries and describes their working principle. Discussion on potential challenges for sustainable drying technology adoption is also presented. The book presents up-to-date research on sustainable drying techniques and their impact on developing countries to reduce food waste. Food waste is not only a humanitarian concern but also a threat to environmental sustainability. Currently, one-third of all produced food is being wasted, when nearly 805 million people - including children remain undernourished on a daily basis. In an effort to solve this crisis, a number of food preservations techniques are being practiced in food supply chain. Drying is one such preservation technique that prevents microbial proliferation, slows enzymatic reaction and preserves the physio-chemical properties of food. Albeit, drying is an effective means of food preservation; it is also highly energy-intensive. Developing countries do not have sufficient energy and financial resources to adopt conventional (expensive and high energy) drying techniques. As such, this is the first reference work dedicated to discussing the prospects and challenges of sustainable (renewable energy based and inexpensive) drying techniques for developing countries in order to reduce food waste. Sustainable food drying techniques in developing countries: Prospects and Challenges is a singular work in the field of food preservation and affordable drying technology.
This report compiles comparable tax revenue statistics over the period 1990-2019 for 27 Latin American and Caribbean economies. Based on the OECD Revenue Statistics database, it applies the OECD methodology to countries in Latin America and the Caribbean to enable comparison of tax levels and tax structures on a consistent basis, both among the economies of the region and with other economies.
