Summary: the war-induced scramble for hydrocarbons and calls from the majors for more investment in oil and gas output should not distract from an ongoing seismic shift to renewables which may advance ‘peak oil’ to as early as 2025, a scenario that will give pause for thought and serious consideration in Gulf energy states.
Summary: the UK has the opportunity to deepen trade relations with the GCC states who, even though China beckons, will need a strong counter-balance with the West to fully realise the goal of diversifying their economies away from hydrocarbons dependency.
Summary: the UK has the opportunity to deepen trade relations with the GCC states who, even though China beckons, will need a strong counter-balance with the West to fully realise the goal of diversifying their economies away from hydrocarbons dependency.
Summary: with the appointment of the boss of the UAE’s national oil company to head up COP28, critics say it’s a sell out to big oil interests while others argue the choice of Sultan al-Jaber is a shrewd and positive move.
Summary: with the appointment of the boss of the UAE’s national oil company to head up COP28, critics say it’s a sell out to big oil interests while others argue the choice of Sultan al-Jaber is a shrewd and positive move.
Summary: as temperatures rise the impact of climate change on the Middle East and North Africa grows ever more dire and the challenge for the region’s leaders to work together to head off a climate catastrophe ever more urgent.
Summary: whether the Ukraine crisis justifies the current outbreak of bullishness over oil remains uncertain. But what it almost certainly does do is open up new opportunities for the majority of MENA’s hydrocarbons producers.
Summary: the UAE and Saudi Arabia are best placed globally to manage the journey to zero emissions so is it time to stop the blame game and instead monitor and support their efforts?
Summary: both the UAE and Saudi Arabia have made significant commitments to net zero, for the Emiratis it’s 2050 and the Saudis 2060, but getting there will be a challenge for both Gulf states.
Summary: Riyadh played a skilled hand at COP26 but may well discover very soon that the real threat to its petro-economy lies largely outside international forums.
