Suriname's president, Desi Bouterse
Suriname’s election setback
Development of the country’s oil sector faces a slowdown in the face of political instability and dire economic conditions
National elections in Suriname were supposed to bring much-needed stability to the country following a string of political scandals and an economy poised to suffer significant recession. The landmark offshore oil discoveries announced by French operator Total in the first quarter offered a rare reprieve from the sense of gloom. But the fallout from the election has highlighted Suriname’s fractious political scene and the potential risks of investing in the country. President Desi Bouterse, who was standing for a third term in office, demanded a recount ahead of the official result, and international observers fear a lengthy dispute. “The risk of political violence and civil unrest is c
Also in this section
4 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
4 February 2025
The threat of Trump tariffs and the departure of Trudeau have sharpened the domestic political focus on boosting the oil and gas industry
3 February 2025
Alaska has been engulfed by a lack of consistent policymaking and highlights the challenges financing energy projects in the US
31 January 2025
Several projects are expected to boost production this year as strategically important region looks to environmental rules, fiscal policies, oil prices and demand trends longer term
