EMerging Equity
natural gas
Solving South Africa’s Energy Crisis
By Steve Hedden Sustained power cuts, caused by under-investment and a shortage of generating capacity, have damaged the South African economy. The response has been a belated thrust towards more power supply, from a combination of coal-fired power plants, oil and gas, wind and solar, and potentially a fleet of new nuclear power stations. Fixing … Continue reading
“Supergiant” Gas Field Could Transform Egypt’s Energy Industry
By David Wille The discovery of a massive natural gas field could take pressure off of Egyptians suffering from a historic energy crisis. But the find throws into question a pending deal with Israeli companies to import gas and takes pressure off the Egyptian government for much-needed reforms. On August 30, Italian energy giant Eni … Continue reading
Mexico’s Energy Profile – Analysis
By EIA Mexico is one of the largest producers of petroleum and other liquids in the world, the fourth-largest producer in the Americas after the United States, Canada, and Brazil, and an important partner in U.S. energy trade. In 2014, Mexico accounted for 781,000 b/d, or 11% of U.S. crude oil imports. Mexico’s oil production … Continue reading
The Military Gambit Behind Putin’s Arctic Ambitions For Russian Oil
By James Henderson The United States Geological Survey has estimated that the Arctic regions contain around 130 billion barrels of liquids and 47 trillion cubic metres of gas, equivalent to 22% of the world’s undiscovered hydrocarbon resources. It is hardly surprising then that all the countries whose coasts encircle the region, the US, Canada, Greenland, Norway … Continue reading
How Can Africa Fulfill Its Potential For Energy Production?
By Martin Ganda South Africa’s City Press reports that Turkish company Karadeniz Energy Group has offered to help to solve South Africa’s power problems by supplying its Powerships. Some African countries, like Ghana, get electricity from Powerships; floating power stations that connect to the grid and are powered by oil or gas. If this demonstrates anything, it is how Africa’s power scarcity … Continue reading
Greece And Russia Sign Deal On Turkish Stream In The Mist Of The Greek Debt Crisis
On June 2nd, EMerging Equity reported that Greece was planning to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum. Surprisingly, while struggling with its debt, Greece wanted to allocate $2 billion to support its construction. And … it happened. Russia and Greece have signed a deal to create a joint enterprise for construction … Continue reading
Renaissance Or Mirage: Can Africa Sustain Its Growth?
By Stephen Onyeiwu The world’s eyes have turned to Africa after what many consider to be an unprecedented economic performance. Even the most cautious analysts are so sanguine about the continent’s economic prospects that they are willing to bet on its rosy future. The International Monetary Fund expects sub-Saharan Africa to grow at an average annual … Continue reading
Russia, China Sign Raft Of Deals And Will Integrate The Eurasian Economic Union, New Silk Road
Russian President Vladimir Putin and Chinese President Xi Jinping on Friday signed a decree for cooperation in tying the development of the Eurasian Economic Union (EEU) with the New Silk Road economic project. Russia and China also signed a number of energy, trade, and finance deals on Friday, which are aimed at strengthening economic ties between the two nations. … Continue reading
China And Pakistan Set To Ink $46 Billion In Investment Deals, Launch Economic Corridor
China is set to finalize investment deals worth $46 billion with its old ally of Pakistan during Chinese President Xi Jinping’s rare visit to the nation on Monday. The visit by Xi is aimed at ending Pakistan’s chronic energy crisis and to transform the nation into a regional economic hub. The two nations are looking to establish a Pakistan-China … Continue reading
Greece Plans To Sign €5 Billion Deal With Russia On Turkish Stream Pipeline, Spiegel Says
Greece and Russia are planning to sign a bilateral agreement which would grant Athens up to five billion euros as prepayment for the construction of the Turkish Stream gas pipeline, according to a report on Friday from German magazine Spiegel. According to Spiegel, a deal is planned to be signed on Tuesday, and if the agreement is reached Greece would receive three to five billion … Continue reading
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