Turkey - 01

Turkey: Turkey’s Third Nuclear Power Plant: Albayrak’s Growing Role in Energy Policy

With the appointment of President Erdogan’s son-in-law Berat Albayrak as the minister of energy and natural resources in November 2015, Turkey’s bid to build a third nuclear power plant has become a main policy initiative. After beginning construction on the country’s first nuclear power plant, Akkuyu (four 1,200-MW units) in partnership with Atomstroyexport and then

Mexico - 01

Mexico: Illegal Fuel Imports: Crime Beyond Hydrocarbons Theft

On 20 September the AMDE announced that it was filing a lawsuit with SAT, the Mexican equivalent of the US Internal Revenue Service (IRS), against private companies that have engaged in illegal fuel imports. Notably, AMDE General Director Sergio Estrada indicated this week that the number of companies illegally importing fuel increased after relaxed fuel

Brazil - 02

Brazil: Petrobras’ Local Content Waiver Request

On 20 September Petrobras filed a request with the ANP asking for a waiver from local content obligations so it can hire a foreign platform provider for its pre-salt Libra field pilot project. The ANP, the main regulatory agency in the oil sector, will now deliberate on the request. Petrobras had previously sought to open

South Africa - 05

South Africa: Parliamentary Budget Office Presents New Opening for IOC Engagement

The PBO recently presented its findings on the costs and other considerations relating to the technology choice for electricity generation to parliament’s Standing Committee on Appropriations on 7 September. While the PBO’s findings have since been interpreted by both advocates and critics of nuclear procurement to support their views, the Standing Committee was left frustrated

Libya - 06

Libya: Central Libya Oil Exports: Outlook for Stability

With developments on the ground moving swiftly following the seizure of the four key oil crescent ports of Ras Lanuf, Sidra, Brega and Zueitina by Khalifa Haftar’s self-styled Libyan National Army (LNA) last week, the resumption of exports has given rise to hopes that Libya’s oil sector will bounce back from the doldrums. These events

Brazil - 09

Brazil: Lula to Stand Trial for Corruption

On 20 September federal judge Sergio Moro ruled that former President Luiz Inacio Lula da Silva of the Workers’ Party (PT) will stand trial on counts of corruption and money laundering, which he was charged with last week. The Federal Public Ministry (MPF) accuses Lula of being the main leader of a corruption ring in

Russia - 03

Russia: What Next After the Elections?

Russia’s parliamentary elections on 18 September brought few surprises. President Vladimir Putin’s United Russia Party predictably received the constitutional majority in the Duma. On the whole, the Duma will look the same as it did in the last few years, with United Russia dominating the parliament and three loyal “opposition” parties taking the remainder of

Mozambique - 02

Mozambique: Nyusi Cedes to IMF Audit Demands

On 15 September the long-awaited meeting between President Filipe Nyusi and IMF Managing Director Christine Lagarde took place in Washington, D.C. After the anticipation that preceded it, the meeting, which ended after only 30 minutes, was somewhat of an anticlimax. There were no heated arguments; instead, Nyusi accepted the IMF’s demand for an international audit

Mexico - 02

Mexico: The 2017 Budget: Energy Regulatory Agencies Under Pressure

Newly appointed Minister of Finance Jose Antonio Meade presented the federal budget for 2017 to the Chamber of Deputies last week. The executive proposed an overall 2% cut in federal spending, which could drop from 2.9tn pesos ($154bn) in 2016 to 2.8tn pesos ($148bn) in 2017 if the chamber approves the budget as is now.