Newell Dennison. Institute of the Americas XXII Annual La Jolla Energy Conference May 20 22, 2013 La Jolla, California, U.S.A.
|
|
- Pamela Holland
- 8 years ago
- Views:
Transcription
1 Newell Dennison Institute of the Americas XXII Annual La Jolla Energy Conference May 20 22, 2013 La Jolla, California, U.S.A.
2 2
3 COUNTRY PROFILE Capital: Languages: Georgetown English (Official) Amerindian dialects, Creole Size: 83,000 sq. miles (215,000 km 2 ) Population: 789,600 Venezuela Currency: Guyanese Dollar GYD$ 205 x US$1 Brazil Time Zone: Political System: UTC/GMT - 4 hours Democracy Westminster based system Legal System: Based on English Common Law with certain admixtures of Roman Dutch Law Religions: Christian 43%, Hindu 28%, Muslim 12% 3
4 MACROECONOMIC STABILITY AND GROWTH Annual Growth Current Annual Growth Since 2005 Gross Domestic Product: US $2.3 billion 12% 22% Foreign Direct Invest: US $294 million 27% 21% International Reserves: US $749.7 million 24% 25% Exports US $1.1 billion 27% 15% Guyana has weathered the global crisis well, sustaining a solid macroeconomic performance supported by prudent policies. Directors commended the authorities commitment to further entrench macroeconomic stability and fiscal sustainability, while promoting long term growth and development - IMF Review 4
5 FDI IN GUYANA Foreign Direct Investment 2005 to 2012 (US$ Million) In 2012, FDI as a percentage of GDP in Guyana reached 12%, one of the highest rates in the Caribbean and Latin America 5 Source: Ministry of Finance, Guyana
6 The United States Geological Survey (USGS) has identified the Guyana Suriname basin as having the second most attractive under explored basin in the world with a potential of 15.2 billion barrels of oil and were a discovery to be production targets would be estimated at 50 million barrels per year. 6
7 PETROLEUM OVERVIEW Historical Status Of Offshore Oil And Gas Development In Guyana 7
8 UPDATE BY COMPANY ANADARKO Awarded deep water Roraima Block, June 2012 ESSO/SHELL ~ 7000 km. 2D seismic (2008, 2010); 1 st renewal June 2012; ~1250 sq.km. 3D seismic acquisition comp ANADARKO CGX 3D seismic (Dec 2008) in a seamless but separately contracted acquisition with REPSOL et.al. over their adjacent blocks. 3D seismic acquisition (Jan.2012) for a total of 3000 plus sq.km ; Eagle well drilled in 2012, was dry, plug and abandoned; JV opportunities possible. REPSOL et. al. Jaguar 1 HPHT plugged & abandoned but encouraging outcome ; continuation being discussed; new well considered ESSO/SHELL Signed new Petroleum Agreement in May 2013 for exploration and production operations in the Guyana concession acreage referred to as the Kanuku Block. NABI Oil & Gas small interest at Drill, East Coast Demerara. Awarded PSA in June 2012 & should be drilling in ON Energy very keen to revisit coastal area; new data acquisition contemplated TOGI/CANACOL drilled Apoteri K2 offset well in the Takutu Basin in 2011 (near Karanambo 1 well which was drilled in 1982 by Home Oil), was plugged & abandoned; renewal PSA awarded as at May 2012, new well planned in NABI Oil TOGI/CANACOL ON Energy REPSOL et. al. CGX Petroleum GeoServices Speculative 2D seismic (Dec 2008) completed in unlicensed ultra deepwater areas.
9 2D Seismic Ultra deep water (2008) 2D Seismic Deep Water (2008/10) 9 9
10 Objective remains to acquire discovery evidence of petroliferous occurrences in the basin fringe. Petroleum Division of the Guyana Geology and Mines Commission is the local agency involved in exploring for hydrocarbons. Petroleum Division s investigation in pursuit of fossil fuels continues from the North West District (Barima Waini) to the Corentyne, which is along the Guyana Northern Coast. Modest results has been found in the search for lignite, pitch and gas. Deployment of gas capture devices continue as the pilot project for gas utilization in remote areas. Exploration Opportunities in the Takutu Basin. 10
11 Guyana provides opportunities for investors in the energy sector; viz. petroleum, hydro, solar, wind and biogas. Oil and gas resources are estimated at 2.2 billion barrels and 6 trillion cu. ft. (28.3 billion cu. meters approx.) respectively in the Guyana Basin which covers the entire coastal region and offshore into the Atlantic Ocean of Guyana basin where full exploitation of these resources is encouraged. New venture developments in Industry and Manufacturing. Infrastructure upgrades and other developments. 11
12 The GoG will facilitate an enabling environment for the private sector to finance and manage petroleum activities. The GoG Oil, Gas, and Mining Policy will transition to integrated services; technical assistance guarantees; and knowledge products Opportunities to provide advice on legal, fiscal, contract issues, regulations for conservation minded engineering and development; sector reforms, and privatization. Extraction contracts must benefit Guyana and support future exploration and production. The Government of Guyana will be working with the Extractive Industries Transparency Initiative, to implement the transparency principles of the EITI process in the hydrocarbon sectors. 12
13 » Investment in this sector may lead to direct business such as: engineering, maintenance, fabrication, barging, towing, trucking, all which call for new and/or improved port facilities; industrial yards, air services; security, surveillance and intelligence.» Post Discovery Investment: will include; fabrication and installation, pipeline construction and deployment; processing plant, bunkerage facilities, floating production storage and offloading (FPSO) systems. 13
14 » Insurance and bonds» Petrochemicals» Power generation development» Associated services such as; bauxite processing; welding and fabrication, logistic solutions and warehousing» Housing projects» Specialized education establishments» Research and Development 14
15 » Discretionary exemption of Customs Duty, Value Added and Excise Taxes on: Machinery Equipment Building materials Other items such as vehicles, etc.» These incentives are geared towards attracting investment to Guyana. 15
16 » Effective Governance for : 1. Sound science for decision making: 2. National and international cooperation 3. Poverty alleviation 4. National development planning 5. National and international policy setting and technical assistance 6. Sustainable national and regional development 7. Strengthen and harmonization of national laws and institutions» Government of Guyana imperatives are to permit reasonable regard for a possible successful outcome that company methods can provide. This has to be balanced with known company behaviour e.g. of taking inventory; optimizing financial gain from capital sources etc.» Known mechanisms can address such potential situations and indeed they are applied. (escalating rentals, mandatory relinquishments, work based rather than money based programmes, etc.) 16
17 CHALLENGES AND OPPORTUNITIES FOR GUYANA» Ensure Resource Efficiency: 1. Focuses on reducing the adverse environmental impacts of producing, processing and using goods and services, while also meeting human needs and improving well being. 2. Building capacity for policy action 3. Seizing investment opportunities 4. Stimulating demand for resource efficient goods and services 5. Assessing critical trends» Ensuring the Sustainable Management of Guyana s Natural Resources along a Low Carbon Development Pathway» Meet the increasingly difficult challenge of the increased global use of natural resources.» Support an approach to natural resources that promotes competitiveness, well being and environmental responsibility.» Emphasize the intelligent use of natural resources.» Avoid the Resource Curse 17
18 Thank You for your Attention. Innovativeness together with sustainable and responsible operations are essential to future success. 18
AT A GLANCE. $17 billion $60 billion 42 million 6,000
APACHE AT A GLANCE Apache s asset portfolio reaches from the United States where its operations are focused on the Gulf Coast and the Gulf of Mexico, the Anadarko Basin and the Permian Basin to Canada,
More informationComparison of State Severance Taxes on Oil and Gas Utah and Selected Oil and Gas Producing States
Comparison of State Severance es on Oil and Gas Utah and Selected Oil and Gas Producing States Prepared for Utah Review Commission April 22, 2005 Draft State Oil Natural Gas Conservation Fee or Alaska
More informationAGM Presentation. 24 June 2013
AGM Presentation 24 June 2013 1 Introduction 2012 review Implications of 2012 drilling programme Funding & Forward Plan 2 2012 Review Equity fund raising Farm-outs Drilling Loligo Scotia 3 Farm-outs to
More informationCRS Report Summaries WORKING DRAFT
CRS Report Summaries R40147 Green Buildings This is a definition and analysis of the cost and benefits of green buildings. It also cites agencies and laws that encourage the building of environmentally
More informationNamibia. Koep & Partners. Introduction
Koep & Partners Introduction Key legislation and regulatory structure Once largely ignored by international oil and gas companies, has in recent times been called one of the last frontiers of oil and gas
More informationCorporate Presentation Exploring for Oil & Gas in Guyana. November 2014
Corporate Presentation Exploring for Oil & Gas in Guyana November 2014 DISCLAIMER Cautionary Note Concerning Forward Looking Statements This presentation contains forward looking statements. All statements,
More informationENERGY REFORM. Strengthen the stewardship of the State as the owner of the oil and gas, and as regulator of the oil industry.
I. The Objectives of the Reform. The bill being submitted by the Federal Executive for the consideration of the Congress of the Union, proposes that Constitutional Article 27 return to state what President
More informationNigeria: A market for the Danish offshore industry? Seminar. Peter Blach, Offshore Center Danmark Tuesday, March 11th 2008 at Offshore Center Danmark
Nigeria: A market for the Danish offshore industry? Seminar Peter Blach, Offshore Center Danmark Tuesday, March 11th 2008 at Offshore Center Danmark 1 The Nigerian Oil Industry Nigerian Oil Industry: Introduction
More informationBritish Columbia s Clean Energy Vision
British Columbia s Clean Energy Vision Innovative Technologies and Green Energy Solutions National Environmental Conference Brunei Darussalam July 1, 2010 Profile of British Columbia Overview British
More informationCOMMITEDTOBETTERENERGY. 2014FinancialTransparency ExampleofTotalinNigeria (2013data)
COMMITEDTOBETTERENERGY 2014FinancialTransparency ExampleofTotalinNigeria (2013data) The contractual framework of Total s operations in Nigeria Total has been present in Nigeria since 1962. Its upstream
More informationMaritime Human Resources Solutions Seminar. Robert Cadigan President & CEO Newfoundland & Labrador Oil & Gas Industries Association
Maritime Human Resources Solutions Seminar Robert Cadigan President & CEO Newfoundland & Labrador Oil & Gas Industries Association About NOIA NOIA s mission is to promote development of East Coast Canada
More informationAPI FORUM (21 st March 2013) MIDA
API FORUM (21 st March 2013) MIDA 1 About MIDA Oil & Gas Industry in Malaysia Business & Investment Opportunities Incentives for Investment Domestic Investment Strategic Fund 2 First point of contact for
More informationAppendix 25. Content of a Competent Person s Report for Petroleum Reserves and Resources
Appendix 25 Content of a Competent Person s Report for Petroleum Reserves and Resources (See rule 18.20) The Competent Person s Report for Petroleum Reserves and Resources must include the following: 1.
More informationThe Brazilian Economy and Investment Opportunities
The Brazilian Economy and Investment Guido Mantega Minister of Finance Brazilian Infrastructure Concession Program US$ 235 billion in the coming years Largest concession program in recent decades Investment:
More informationALPINE OIL & GAS ROMANIA. Status November 2007
ROMANIA Status November 2007 VIENNA EXTENSIVE HYDROCARBON SYSTEM London Vienna Bucharest VIENNA BUCHAREST: 870 km EXTENSIVE HYDROCARBON SYSTEM Vienna Basin Molasse Zone Vienna Transylvania Pannonian Foredeep
More informationCanada Trade Mission to Colombia and Peru
Canada Trade Mission to and Peru Dates: August 10-15, 2014 Cities: Bogota (), Lima (Peru) Focus: Oil & Gas Mining Defence & Security Led by: The Honourable Ed Fast, Minister of International Trade THE
More informationInvestment Brief for the Electricity Sector in Ghana
Investment Brief for the Electricity Sector in Ghana Overview Ghana s economy growth decelerated sharply to an estimated 4.2% in 2014, down from 7.4 % in 2013. Manufacturing and oil production from the
More informationTestimony for Texas Senate Committee on Natural Resources Subcommittee Studying Impacts of Mexico s Energy Reforms on Texas
Testimony for Texas Senate Committee on Natural Resources Subcommittee Studying Impacts of Mexico s Energy Reforms on Texas September 19, 2014 ALFREDO RAMOS Houston and Mexico City Offices 713.276.5298
More informationOil and Gas Exploration and Production (E&P) in Colombia - Market Analysis, Competitive Landscape and Forecasts to 2020
Oil and Gas Exploration and Production (E&P) in Colombia - Market Analysis, Competitive Landscape and Forecasts to 2020 Reference Code: GDGE0067MAR Publication Date: October 2012 Colombia has Witnessed
More informationGermany's energy transition: Status quo and Challenges.
Ulrich Benterbusch Germany's energy transition: Status quo and Challenges. 2 nd Session Group of Experts on Renewable Energy, UNECE, Geneva 1 Agenda. Energy transition: Status quo and official goals. German
More informationTexas: An Energy and Economic Analysis
Texas: An Energy and Economic Analysis Posted on 9/30/2013 Texas leads the nation in oil and natural gas reserves and production. In just over 2 years, Texas has doubled its oil production with large quantities
More informationTanzania gas project. From discovery to gas sales
Tanzania gas project From discovery to gas sales An emerging gas sector Major gas discoveries have been made offshore Tanzania and the country emerges as a potential large gas producer in East Africa.
More informationUnited States Progress Report on Fossil Fuel Subsidies Part 1: Identification and Analysis of Fossil Fuel Provisions
A. Production Fossil Fuel Subsidies United States Progress Report on Fossil Fuel Subsidies Part 1: Identification and Analysis of Fossil Fuel Provisions There are a number of tax preferences, described
More informationACCELERATING GREEN ENERGY TOWARDS 2020. The Danish Energy Agreement of March 2012
ACCELERATING GREEN ENERGY TOWARDS The Danish Energy Agreement of March 2012 The most ambitious energy plan of the world In March 2012 a historic new Energy Agreement was reached in Denmark. The Agreement
More informationAbdelly & Associés. Key legislation and regulatory structure. Introduction
Abdelly & Associés Introduction s current proven reserves are approximately 838m barrels, of which 51 per cent is oil and 49 per cent is gas. Approximately two-thirds of s proven gas reserves are located
More informationNATion and north carolina
Energy Challenges for the NATion and north carolina NOIA s mission is to secure reliable access to the nation s valuable offshore energy resources in order that they may be developed, produced and supplied
More informationAn Innovative NDC Funding Solution Kenya
An Innovative NDC Funding Solution Kenya Eunice Kilonzo GIS Coordinator National Oil Corporation of Kenya Kenya 1 Who We are Outline Upstream Petroleum Exploration Journey Data Management Initiatives Petroleum
More informationWHL ENERGY SEPTEMBER 2011 QUARTERLY ACTIVITIES REPORT
WHL Energy Ltd ABN: 25 113 326 524 Level 2, 22 Delhi St, West Perth, WA 6005 P.O. Box 1042, West Perth Western Australia 6872 T: +61 8 6500 0271 F: +61 8 9321 5212 www.whlenergy.com ASX/MEDIA RELEASE 31
More informationWithin the Ministry of Petroleum Resources, technical issues of policy nature, regulatory control of the industry, revenues, royalties and fiscal
Nigeria s practice and experience in its domestic licensing regimes and views on the implementation of Article 82 with regard to its offshore oil and gas activities By Adesina Adegbie International Workshop
More informationSupporting technology development: The role of the public sector in Mexico
Supporting technology development: The role of the public sector in Mexico Heavy Oil Working Group August 2011 Dr. Edgar Rangel Germán Commissioner 1 Outline Mexico s s energy reform and the new E&P regulatory
More informationRenewable energies in the Middle East and North Africa: Policies to support private investment MENA-OECD Task Force on Energy and Infrastructure
Renewable energies in the Middle East and North Africa: Policies to support private investment MENA-OECD Task Force on Energy and Infrastructure 11 th meeting of the MENA-OECD Task Force on Energy and
More informationThe Future of Energy in Louisiana! March 2014
The Future of Energy in Louisiana! March 2014 1! GNO, Inc. Overview! GNO, Inc. is the economic development organization serving the ten parishes of Southeast Louisiana.! Logo! Business Development! Business
More informationColombia in the world
Colombia in the world Proexport around the world Process of attracting Foreign Direct Investment Proexport offers detailed and professional assistance for investors that find interesting business opportunities
More informationLatin America/Caribbean. Andrews Kurth in Latin America and the Caribbean. Legal Services in Latin America and the Caribbean
Andrews Kurth in Latin America and the Caribbean With experience in leading projects and counseling clients in virtually every Latin American country and the Caribbean region, Andrews Kurth lawyers are
More informationASX ANNOUNCEMENT 17 JUNE 2014
ASX ANNOUNCEMENT 17 JUNE 2014 Sunbird-1 oil zone verified offshore Kenya Historic first-ever oil column discovered offshore East Africa Sunbird-1 well, completed in March in area L10A, intersected a gross
More informationDeveloping Ocean Energy in Ireland. Belmullet Wave Energy Test Site
Developing Ocean Energy in Ireland Belmullet Wave Energy Test Site Where does our energy come from? Most of the energy we use in Ireland comes from fossil fuels such as oil, coal, peat and gas. We burn
More informationNetherlands National Energy Outlook 2014
Netherlands National Energy Outlook 2014 Summary Michiel Hekkenberg (ECN) Martijn Verdonk (PBL) (project coordinators) February 2015 ECN-E --15-005 Netherlands National Energy Outlook 2014 Summary 2 The
More informationCooper Energy and the East Coast Gas Market
Cooper Energy and the East Coast Gas Market Cooper Energy is an ASX-listed oil and gas company that is engaged in: developing new gas supply projects; marketing gas directly to eastern Australian gas users;
More informationU.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator
U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase
More informationOctober 2013. Guatemalan Oil Production and Exploration
October 2013 C O R P O R A T E P R E S E N T A T I O N Guatemalan Oil Production and Exploration Investment Highlights Citation holds direct 60% equity interest in Latin American Resources Ltd (Bahamas)
More informationFinancing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency
RENEWABLE ENERGY INDUSTRIAL ENERGY EFFICIENCY BUILDING ENERGY EFFICIENCY Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency A RANGE OF FINANCIAL SUPPORT
More informationFor personal use only
ABN 96 009 217 154 14 February 2013 ASX Limited Electronic lodgement Acquisition of Producing Oil Field Xstate Resources Limited (ASX: XST) advises that it has signed a memorandum of understanding ( MOU
More informationmuch from the former in its own development. Both are ranked in the top ten largest economies
I. Introduction The economies of California and Brazil are remarkably similar and that latter can learn much from the former in its own development. Both are ranked in the top ten largest economies in
More informationNewsletter. Portuguese Economy and Energy Sector
Newsletter Portuguese Economy and Energy Sector Q2, 2012 Economic News on Portugal The country has become a diversified and increasingly service-based economy since joining the European Community (EU).
More informationASX Release. Romania Exploration Update. 2 October 2014
ASX Release 2 October 2014 Romania Exploration Update ADX Energy Ltd (ASX: ADX) is pleased to provide this update on seismic operations and the geotechnical assessment of the Parta permit in Western Romania.
More informationOpportunities and challenges for global deepwater players
Content 66/67 Opportunities and challenges for global deepwater players An industry on the seach for new growth areas Rodolfo Guzman, Paola Carvajal, Ben Thuriaux-Alemán With fewer remaining easy-to-access
More informationMinistério de Minas e Energia. Minister Eduardo Braga. Offshore Technology Conference OTC May/2015
1 Minister Eduardo Braga Offshore Technology Conference OTC May/2015 2 3 World s 7 th largest economy; Investment grade Fiscal adjustment taking place; Inflation being controlled; Large and diversified
More informationOVERLAND PIPELINE OPTIONS
Working Document of the NPC Study: Arctic Potential: Realizing the Promise of U.S. Arctic Oil and Gas Resources Made Available March 27, 2015 Paper #7-9 OVERLAND PIPELINE OPTIONS Prepared for the Technology
More informationCanada s Energy Sector in a Changing Global Market. Kristi Varangu Director, International Energy Division March 10, 2014
Canada s Energy Sector in a Changing Global Market Kristi Varangu Director, International Energy Division March 10, 2014 2 Purpose Illustrate the profound changes that are taking place in global and North
More informationMinistry of Power & Energy
Ministry of Power & Energy Institutional Frame work Power sector overview Renewable energy policy Major issues and barriers Institutional Framework Sustainable Energy Authority The Sri Lanka Sustainable
More informationINVESTMENT OPPORTUNITIES IN THE PETROLEUM SECTOR
INVESTMENT OPPORTUNITIES IN THE PETROLEUM SECTOR PROJECT 1 Introduction The Jubilee Filed oil is of light quality and has high gas content. For every 1,000 barrels of oil that is produced, there is an
More informationMexico s Energy Reform. 2 LATAM Oil & Gas Summit
Mexico s Energy Reform 2 LATAM Oil & Gas Summit September 10th, 2014 Dirección Jurídica Why was the Energy Reform necessary? Because PEMEX had to be strengthened and it had to diversify its risks The inertial
More informationIntroduction. So, What Is a Btu?
Introduction The way of life that we Americans take for granted every day depends upon a stable and abundant supply of affordable energy. Energy shortages can quickly affect our everyday lives and harm
More informationShwe Yee Htun-1: Final Environmental Monitoring Report. Status: Final Draft
Shwe Yee Htun-1: Final Environmental Monitoring Report Date: 27 Date: th January March 2016 2012 Status: Final Draft Controlled Ref No: DC0000RH10781413 Revision: 0 Native file DRIMS No: 10103322 TABLE
More informationSECTOR ASSESSMENT (SUMMARY): ENERGY 1
Country Partnership Strategy: Kazakhstan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Overview. Oil accounts for about a quarter
More informationHow To Understand The Economic Situation In Saint Lucy
INVESTING IN SAINT LUCIA SPECIALIZED INVESTMENT OPPORTUNITIES FOR SMART BUSINESS PRESENTED BY: McHale Andrew CEO INVEST SAINT LUCIA SAINT LUCIA - Country Profile 2 Source: Central Statistics Office ECONOMIC
More informationRENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS
RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS Ieva Kuodė Ministry of Energy of the Republic of Lithuania SOLINVEST 2015-06-02 RES TARGETS BY 2020 23% the share of energy from renewable
More informationISSUE 115 3rd April, 2013
ISSUE 115 3rd April, 2013 1 Strike Energy (STX) Spec Buy around $0.115 An emerging petroleum play with high-profile exposures in the form of the Eagle Ford Shale in the USA, the Palta-1 exploration well
More informationSustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility
Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility Welcome to SREDA Siddique Zobair Member (EE & C) Sustainable & Renewable Energy Development Authority
More informationSIERRA LEONE UPDATES FROM THE INSTANBUL PRIORITY AREAS OF ACTION
SIERRA LEONE UPDATES FROM THE INSTANBUL PRIORITY AREAS OF ACTION 1 OUTLINE OF PRESENTATION Recent Developments Istanbul Priority Areas of Action Poverty Levels Agenda for Prosperity Challenges Conclusion
More informationIMPACT OF SHALE TECHNOLOGY ON HOUSTON REAL ESTATE
IMPACT OF SHALE TECHNOLOGY ON HOUSTON REAL ESTATE Prepared for: Modern Green Development Co., Ltd. and Canadian Community Service Association June 21, 2013 Mining, Finance and Real Estate Forum Vancouver,
More informationInvesting in Domestic Oil & Gas Drilling Ventures Tax Deductions, Cash Flow, and an Alternative to the Stock & Bond Markets
Investing in Domestic Oil & Gas Drilling Ventures Tax Deductions, Cash Flow, and an Alternative to the Stock & Bond Markets In a high tax bracket Expecting to sell an asset for a significant gain this
More informationRenewable Energy Promotion Policies in Taiwan. Bureau of Energy Ministry of Economic Affairs
Renewable Energy Promotion Policies in Taiwan Bureau of Energy Ministry of Economic Affairs October 2015 1 Outline Current Development of Renewables in Taiwan Taiwan s New Renewable Energy Policy 2 Current
More informationFinancing Renewables and Energy Efficiency Projects in Developing Countries
Mobilising Private Capital to reduce Climate Change Instruments and Policies to mobilise International Green Energy Investment Berlin June 29-30, 2010 Financing Renewables and Energy Efficiency Projects
More informationContent. 1. Colombia Indicators / targets. 2. Potential. 3. Colombia Round 2012
Ronda Colombia 2012 Content 1. Colombia Indicators / targets 2. Potential 3. Colombia Round 2012 2 Colombia has strong fundamentals on which to build prosperity Source: Ministry of Mines and Energy - Colombia
More informationResidential Heating Oil Prices: What Consumers Should know
Residential Heating Oil Prices: What Consumers Should know Introduction Heating oil is a petroleum product used by many Americans to heat their homes. Historically, heating oil prices have fluctuated from
More informationSPANISH EXPERIENCE IN RENEWABLE ENERGY AND ENERGY EFFICIENCY. Anton Garcia Diaz Economic Bureau of the Prime Minister
SPANISH EXPERIENCE IN RENEWABLE ENERGY AND ENERGY EFFICIENCY Anton Garcia Diaz Economic Bureau of the Prime Minister «Symposium on Strengthening Sino-Spain cooperation in multiple Fields» New Energy Cooperation
More informationSENATE RESOLUTION No. 78 STATE OF NEW JERSEY. 214th LEGISLATURE INTRODUCED JULY 1, 2010
SENATE RESOLUTION No. STATE OF NEW JERSEY th LEGISLATURE INTRODUCED JULY, 00 Sponsored by: Senator SEAN T. KEAN District (Monmouth) Senator ANDREW R. CIESLA District 0 (Monmouth and Ocean) Co-Sponsored
More informationOctober 16, 2014. UNICA s Comments on Brazilian Sugarcane Ethanol Availability for the LCFS.
October 16, 2014 VIA ELECTRONIC MAIL Mike Waug Branch Chief, Alternative Fuels Section California Air Resources Board 1001 I Street Sacramento, CA 95814 RE: UNICA s Comments on Brazilian Sugarcane Ethanol
More informationCredit guarantees; The approach in Suriname
Financing and guarantees to support SME s in the Caribbean Credit guarantees; The approach in Suriname A presentation made by Glenn. H. Gersie, President Credit Guarantee Fund Suriname Kingston, Jamaica,
More informationINTERVENCIÓN DEL MINISTRO DE INDUSTRIA, TURISMO Y COMERCIO SESIÓN INAUGURAL DE LA CONFERENCIA SPAIN US BUSINESS SUSTAINABILITY CONFERENCE
INTERVENCIÓN DEL MINISTRO DE INDUSTRIA, TURISMO Y COMERCIO SESIÓN INAUGURAL DE LA CONFERENCIA SPAIN US BUSINESS SUSTAINABILITY CONFERENCE Nueva York, 17 de Marzo Your Highness the Prince and princess of
More informationINVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM
INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up
More informationWORLD ENERGY INVESTMENT OUTLOOK 2014 FACTSHEET OVERVIEW
OVERVIEW More than $1.6 trillion was invested in 2013 in energy supply, a figure that has more than doubled in real terms since 2000, and a further $130 billion to improve energy efficiency. Renewables
More informationEnergy efficiency is a priority for the Russian Federation in its energy policy
Energy efficiency is a priority for the Russian Federation in its energy policy Mikhail Soloviev Geneva, 7-9 October 2009 Purpose and Principles of Government Energy Policy Purpose: most efficient use
More informationCompany Income Tax and Other Taxes
Company Income Tax and Other Taxes Company Taxation Arrangements The company tax rate (also known as the corporate) is 30%. The treatment of business expenditure for the mining and petroleum industries
More informationOPPORTUNITIES IN THE UPSTREAM SECTOR OF MONTENEGRO. Vladan Dubljević Tamara Pavličić
OPPORTUNITIES IN THE UPSTREAM SECTOR OF MONTENEGRO Vladan Dubljević Tamara Pavličić Discussion Topics Business Environment Legal and fiscal regime Petroleum policy and resource management Fiscal system
More informationFor personal use only
Suite 2, 12 Parliament Place West Perth WA 6005 Ph: +618 9482 0510 Fax: +618 9482 0505 Email: info@emeraldoilandgas.com www.emeraldoilandgas.com 10 January, 2012 Centralised Company Announcements Platform
More informationHow to reposition the energy sector s role in economic development, through innovation policies
1st Policy dialogue on energy efficiency in Latin America and the Caribbean: towards sustainable institutionalities How to reposition the energy sector s role in economic development, through innovation
More informationThe Energy Situation and Market in Brazil
Solarthermie in Brasilien Darmstadt, 13.11.2012 The Energy Situation and Market in Brazil Prof. Dr. Terence Trennepohl Post-doc at Harvard University Pillsbury Winthrop Shaw Pittman LLP, New York Outline
More information2015 Annual General Meeting. 25 November 2015
2015 Annual General Meeting 25 November 2015 1 Discussion Agenda 1. Company Profile a. Indonesian Assets Sumatra Basin East Kalimantan 2. Current Indonesian Operations a. South Sumatra Activities b. Central
More informationProposal for a RECOMMENDATION OF THE EUROPEAN COMMISSION
EUROPEAN COMMISSION Brussels, XXX [ ] (2013) XXX draft Proposal for a RECOMMENDATION OF THE EUROPEAN COMMISSION Providing minimum principles for the exploration and production of hydrocarbons (especially
More informationTHE ROLE OF THE CENTRAL BANK OF SUDAN IN DEVELOPMENT FINANCING
THE ROLE OF THE CENTRAL BANK OF SUDAN IN DEVELOPMENT FINANCING The Central Bank of Sudan commenced business in 1960. Its role, like that of other central banks, is set to include the achievement of monetary
More informationNet operating income Earnings per share Net income
Press release 1 August 2008 Record results and high production StatoilHydro's second quarter 2008, operating and financial review StatoilHydro's second quarter 2008 result was influenced by high production
More informationMultiple sources of energy will be available, giving the consumer choices. A Higher Percentage of Energy will come from renewable energy sources
Editor s comments: Numbers in parentheses indicate the number of duplicate or extremely similar comments made. The headings are editor s best attempt to draft vision statements reflecting the participants
More informationOregon Renewable. Energy. Resources. Inside this Brief. Background Brief on. Overview of Renewable Energy. Renewable Portfolio Standard
Background Brief on September 2014 Inside this Brief Overview of Renewable Energy Renewable Portfolio Standard Energy Facility Siting Renewable Energy Legislation Staff and Agency Contacts State Capitol
More informationOceaneering Announces Record Quarterly Earnings
PRESS RELEASE Oceaneering International, Inc. 11911 FM 529 Houston, Texas 77041 Telephone: (713) 329-4500 Fax: (713) 329-4951 www.oceaneering.com Oceaneering Announces Record Quarterly Earnings October
More informationDANISH DISTRICT ENERGY PLANNING EXPERIENCE
MOWAT ENERGY, A RESEARCH HUB AT THE MOWAT CENTRE, AT THE REQUEST OF THE ONTARIO MINISTRY OF ENERGY FUTURE INNOVATION IN ENERGY PLANNING: A SPECIAL SESSION TO ADVISE ON ONTARIO S LONG-TERM ENERGY FUTURE
More informationCapital efficiency and execution. London, 7 February 2014 Margareth Øvrum, EVP, Technology, projects and drilling
Capital efficiency and execution London, 7 February 2014 Margareth Øvrum, EVP, Technology, projects and drilling Forward-looking statements This presentation material contains certain forward-looking statements
More informationPublic Opinion on US Energy and Environmental Policy
Public Opinion on US Energy and Environmental Policy Key findings from a nationwide survey among 1,101 likely 2016 voters, conducted December 5 to 9, 2014 for the KEY FINDINGS 2 Key Findings Promoting
More informationPhotovoltaic in Mexico Recent Developments and Future
Photovoltaic in Mexico Recent Developments and Future Rodolfo Martínez Strevel Berlin, Germany May 23th, 2013 Bufete de Tecnología Solar, S.A. (BUTECSA) Production of Primary Energy in Mexico, 2011 % 7,0
More informationA full report of our recent meeting will be distributed to all the delegations. Let me briefly summarize some of the most salient conclusions.
Statement by the Executive Secretary of the Economic Commission for Latin America and the Caribbean, ECLAC, Dr. José Antonio Ocampo, in the name of Regional Commissions of the United Nations It is a great
More informationUNECE Energy Week Geneva. in Energy Security
UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector
More informationEconomic 360 for Indonesia: Growth Prospects and Emerging Opportunities in the ICT Industry
Economic 360 for Indonesia: Growth Prospects and Emerging Opportunities in the ICT Industry Indonesia s ICT Industry Decoded: Hardware, Software, and Telecom to Propel Growth April 2012 Contents Executive
More information2015 SRI FIELD TRIP TO CANADA. ROYAL DUTCH SHELL September 15, 2015
2015 SRI FIELD TRIP TO CANADA ROYAL DUTCH SHELL September 15, 2015 1 DEFINITIONS AND CAUTIONARY NOTE The New Lens Scenarios referred to in this presentation are part of an ongoing process used in Shell
More informationINVESTING ON RENEWABLE ENERGY IN ALBANIA
INVESTING ON RENEWABLE ENERGY IN ALBANIA Introduction Who We Are Ayen Energy Group Our Investment in Albania Why We have Choosen to Invest in Albania Conclusion Turkey s Leading Energy Company One of the
More informationThink About Energy Summit
Think About Energy Summit Richard Wobbekind Senior Associate Dean Executive Director Business Research Division Leeds School of Business Mining GDP, Employment, and Wages Share of Colorado Economy GDP
More informationA clear business model and strategy
Our business model and strategy introduction Our business model and strategy have remained consistent since inception and have proven valid in both high and low oil price cycles. A clear business model
More informationPETROLEUM SECTOR DEVELOPMENTS IN EGYPT
PETROLEUM SECTOR DEVELOPMENTS IN EGYPT March 2009 2009 Business Studies & Analysis Center. All rights reserved. Unauthorized reproduction, copying, re-mailing, storage or website posting is prohibited.
More informationSUSTAINABLE ENERGY BLUEPRINT
SUSTAINABLE ENERGY BLUEPRINT A PLAUSIBLE STRATEGY FOR ACHIEVING A NO-NUCLEAR, LOW- CARBON, HIGHLY-EFFICIENT AND SUSTAINABLE ENERGY FUTURE The following statement outlines an ambitious but doable strategy
More informationEnergy Efficiency trends and policies
Energy Efficiency trends and policies in Denmark Copenhagen, January 2016 Date: January 2016 Energy Efficiency Trends and Policies in Denmark 1 Contact person: Jane Rusbjerg; JRU@ens.dk Signe Marie Enghave;
More information