Regional Oil and Gas production has bounced back strongly over the last quarter in line with the rapid return of Libyan volumes. We expect full pre-war Libyan output to resume by the second half of 2012. Production is likely to continue growing as high oil prices drive further exploration and production across Africa. The key… [Read more]
Business Monitor Online recently published a report on Frontier Markets, which is also appearing in this week’s Emerging Markets Monitor magazine. The definition of ‘frontier markets’ varies greatly. For example, BMI’s definition (which would include Bangladesh, Ethiopia, and Uzbekistan) is considerably more ‘exotic’ than most investors’ definition (which might include Peru, Nigeria, and Vietnam). Nonetheless,… [Read more]
Following recent troubles in North Africa, speculation has been rife about which countries will be next in the line of fire. Many commentators have rightly pointed the finger elsewhere in the Middle East; a few others have suggested that contagion risks are actually more acute South of the Sahara. In one of the ludicrous but… [Read more]
Several developments in 2010 will linger well into 2011. My colleagues and BMI’s Oil and Gas Team see industry majors continuing their push into deepwater drilling and unconventional hydrocarbons, while cash-rich national oil companies keep looking for upstream opportunities. Depressed US gas prices are unlikely to move significantly in 2011, while Asia-Pacific remains the LNG… [Read more]
For decades, oil and gas investors in Africa have focused on exploiting the riches of the continent’s established producers Nigeria, Angola, Libya and Algeria. In recent years, however, spurred on by large discoveries offshore Ghana and in the Lake Albert region in Uganda, the industry has been looking beyond the traditional oil markets to a… [Read more]
On this week’s podcast, we return our attention to emerging markets, highlighting opportunities beyond the BRICs in EMEA- Europe, Middle East and Africa. Business Monitor’s Head of Country Risk and Financial Markets Justin Patrie, discusses the outlook for Egypt, Ghana and Turkey with Mark Schaltuper, Head of Europe Analysis, Liz Martins, Head of Middle East… [Read more]
In this week’s Business Monitor podcast, Yoel Sano speaks to Lisa Lewin, Head of Africa Analysis, on her recent trip to Nigeria and Ghana. Lisa discusses both countries’ economic outlook for 2010, Nigeria’s banking sector and political crisis, and how Ghana’s forthcoming oil production promises to transform the economy.
