The world’s poorest oil-dependent countries are set to take the biggest hit in the transition away from fossil fuels, according to a report titled ‚Beyond
Tag: IMF
Danish Company Haldor Topsoe to Assist Congo to Build Fertilizer Plant
Haldor Topsoe A/S, a Danish chemical-catalyst producer, will take part in the construction of a $2.5 billion fertilizer plant near the port city of Pointe
Fertilizer Update: Brunei Selling its Share in Jordan’s Phosphate Company
Brunei, the largest shareholder in Jordan Phosphate Mines Company (JPMC), is selling its 37 percent stake to India’s two biggest fertilizer companies – Indian Potash
Venezuela’s State-Run Oil Giant Accused of Embezzling $11 Billion
Petroleos de Venezuela (PDVSA), the Venezuelan state-owned oil and natural gas company, has been accused by the country’s congressional commission of embezzling about $11 billion
OPEC Updates 2017 Oil Forecasts After Brexit
OPEC has recently updated its 2017 outlook for the oil market, taking into account possible consequences of Brexit. The cartel says that the world’s demand
World’s Poorest Economies Struggle with Their Debt Due to Weak Commodity Prices
The fall in commodity prices and a strong US dollar have had a negative impact on the world’s poorest economies whose budgets accumulated as much
U.S. Dollar and Commodities: A Shaky Relationship
It is a common belief that the link between the price of many commodities and the US dollar is very strong. This seems to make
Why Europe Should Support Reform of the Ukrainian Gas Market – or Risk a Cut-Off
It is widely accepted that Russian gas plays an important role in the European energy market. Last year, 39 percent of gas imported to the
Tumbling Oil Prices : A Blessing in Cursed Times?
An average consumer is not, frankly speaking, used to the fact that oil prices can also fall. In fact, economic history reveals that the harshest
IMF Favors Higher but Smarter Energy Taxes
The International Monetary Fund (IMF) said last week that energy taxes are, in most parts of the world, lower than they should be to mirror