This briefing considers the likely future of the oil price; its impact on currently operating projects, undeveloped projects, and those that are yet to be discovered; government approaches to oil and gas taxes; and the advisability of a “race to the bottom” whereby governments make concessions to attract or retain oil and gas investors.
Resource-rich countries have opportunities to build more resilient economies and support environmental sustainability. This note describes the key issues decision makers and citizens face in the energy transition, and the support that NRGI will offer them.
As the coronavirus pandemic has unfolded and affected economies around the world, NRGI experts have analyzed the impacts the pandemic has had on resource-rich countries. These briefings are time-sensitive, and are intermittently updated.