• Energy

    OBG’s energy analysis looks at all aspects of the industry, including exploration and production, domestic usage and exports plus relationships between the government and IOCs. Where applicable, renewable energy, electricity demand, production, power station construction and local potential for nuclear power are analysed.
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What are the short- and medium-term expectations of metal demand in global markets?

 

With a vast wealth and diversity of metals and minerals, Peru is in a privileged position when it comes to natural resources. According to the US Geological Survey’s “Mineral Commodities Summaries 2019” report, in 2018 Peru had more silver deposits than any other country in the world except for Poland, as well as the world’s third-largest...

 

How can stakeholders collaborate to ensure the sustainability of operations in mature mines?

Chapter | Energy from The Report: Peru 2019

The development of Peru’s energy market has been rife with challenges and opportunities in recent years. While Peru could once stake a claim to being South America’s largest commercial producer of oil, fuel output has been on a steady decline for more than two decades, the country accounted for 1.8% of regional oil output in 2017. However, the same shifts that have undermined Peruvian...

Chapter | Mining from The Report: Peru 2019

With a vast wealth and diversity of metals and minerals, Peru is rich in natural resources. Mining plays a significant role in Peru’s non-oil economy, especially in terms of exports and job creation. However, investment in the sector fell in recent years, largely owing to external headwinds such as the drop in commodity prices that begun in 2014. Internal challenges also slowed sector activity...

Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.