Features / COUNTRY INSIGHT

EQUATORIAL GUINEA: THE NEWEST OPEC MEMBER

Equatorial Guinea joined in May the Organization of Petroleum Exporting Countries (OPEC). The numbers of oil production and revenues, the country’s location, and the prosperous prospects of being OPEC’s newest member grant the country key aspects to turn Equatorial Guinea into an open door to investments in the petroleum sector.

RIYADH: FROM OIL LEADERSHIP TO NON-OIL FUTURE

The Kingdom of Saudi Arabia (KSA) has greatly changed its views of the oil and gas industry over the past decade. The waythe Saudi dynasty perceives the importance of its oil wealth affects the oil and gas law and the kingdom’s economy.

ALGERIA: A LOOK WITHIN AND A PATH FORWARD

Ever since Algeria seized independence in 1962, the country has maintained a level of relative stability despite the propagating waves of the 2011 Arab spring. The North African republic is rich with abundant natural resources such as petroleum, zinc, natural gas, uranium, iron, and phosphate.

A BOOM OR DOOM OF NIGERIA’S PETROLEUM SECTOR PRIVATIZATION

The debate about the privatization of the Nigerian National Petroleum Corporation (NNPC) revived in January 2016 after Petroleum Resources Minister of State, Emmanuel Kachikwu, announced the country’s plans to make its first initial public offering of assets owned by NNPC in 2018.

WILL ANGOLA WIN AFRICA’S OIL TUG OF WAR?

Located on the Atlantic coast in the southern part of Africa, the Republic of Angola unexpectedly overtook Nigeria as the top crude producer in Africa during the second half 2016. Yet, Angola did not enjoy its primary position for too long. Already in December 2016, Nigerian Bulletin reported that Nigeria’s oil output slightly surpassed that of Angola by 94,000 b/d.

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