Tag: analysis

Official

Angola Country Analysis Brief

(Wed, 26 Feb 2025) Angola was the second-largest total liquid fuels producer in sub-Saharan Africa, after Nigeria, in 2024 production. Angola's economy is largely based on hydrocarbon production, making it vulnerable to crude oil price swings. Angola primarily consumes hydroelectricity and fossil fuel-derived fuel sources to meet its domestic needs for power generation. In December 2023, Angola announced that it would leave the Organization of the Petroleum Exporting Countries (OPEC) effective January 1, 2024, following OPEC’s decision in November 2023 to reduce Angola’s crude oil production quota from its June 2023 level of 1.3 million barrels per day (b/d) to
Official

India Country Analysis Brief

(Thu, 06 Feb 2025) India was the third largest energy consumer in the world in 2023 behind China and the United States. In 2023, India passed China to become the world’s most populous country in the world with 1.44 billion people. It’s gross domestic product (GDP) grew 7.8% in 2023 from the previous year. It is one of the fastest growing economies and the fourth-largest economy in the world.