Africa’s New Oil and Gas Producers Must Prepare for More Disappointment in the Post Coronavirus Era
The crash in oil and gas prices, triggered by the coronavirus pandemic and the slump in economic activity, has dealt a blow to the plans and public finances of major oil- and gas-producing countries. But a group of countries in sub-Saharan Africa once designated as “prospective producers” are facing a different challenge.
The Cost of an Emerging National Oil Company
Emerging NOCs need to adjust their plans and ambitions to the new realities of price and competition for investment, writes Valérie Marcel.Emerging NOCs need to adjust their plans and ambitions to the new realities of price and competition for investment, writes Valérie Marcel.
Institutional Design in Low-Capacity Oil Hotspots:
This paper focuses on low-capacity countries that are increasingly being courted by investors seeking access to petroleum resources. The key question that emerges in all cases is how to organize and manage the petroleum sector in order to maximize the public benefit derived from oil and gas resources. In particular, what role should national oil companies and other governing bodies have?