Myanmar’s transition towards renewable energy sources will face near-term headwinds after the recent military coup. However, analysts are more optimistic over the medium to longer term given the dominance of Chinese companies in the sector.
The atmosphere in Myanmar remains volatile after the military seized power from the National League for Democracy (NLD) government and is creating logistical challenges for upstream companies, including Woodside Energy, that operate in the country.
Two Aberdeenshire firms are offering enhanced training services to businesses operating across a range of high-risk industries.
India's Tata Steel plans to sell its UK business in a move which will put thousands of jobs at risk.
The events of 2014 have demonstrated just how quickly political and economic risks can escalate and shift into large-scale crises, even in historically stable countries. As we move into 2015, the biggest sources of uncertainty for many energy firms will be volatile commodity prices and political risk. That’s reflected in our Political Risk Map, produced with Business Monitor International (BMI), which details overall risk scores for 185 countries based on three categories: political, macroeconomic, and operational risk. Falling oil prices will undoubtedly be the biggest concern for oil and gas companies. In the last five months, we’ve seen the price of Brent Crude drop from more than $100 boe to around $60, a reduction of more than 40%.