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China’s energy policy will be both clean and dirty

Location:

CHINA

For several years, China has been the world’s leading manufacturer, installer and user of renewable energy. However, investment in coal mining and coal-fired power continues apace…

EU will struggle to meet new climate targets

Location:

EU

If approved, the targets will profoundly shape EU economic and environmental policy over the next two decades. The power sector will bear most of the decarbonisation burden to…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Doha will hedge against LNG dependence

Location:

QATAR

Earlier in January, it awarded contracts to increase and sustain output at its main oilfield. Doha wants to dilute its overdependence on a single commodity and to extract value…

The LNG market will face further volatility

Location:

INTERNATIONAL

May prices are still high by historical standards but a mix of lower European consumption and weak Chinese demand has calmed fears of a huge supply shortfall, which caused a price…

Central Europe is cutting dependence on Russian energy

Location:

EASTERN EUROPE

The four Visegrad (V4) countries -- Hungary, Czechia, Slovakia and Poland -- have built up gas stocks to prepare for the winter. Once the EU states most dependent on Russian gas…

Egypt will struggle to save its gas surplus

Location:

EGYPT

This is increasing annually because of population growth and rising global temperatures. Exports of liquefied natural gas (LNG) are on hold until autumn, and upstream production…

Possible El Nino will threaten Australian agriculture

Location:

AUSTRALIA

An El Nino system usually leads to lower rainfall and higher daytime temperatures, often causing severe droughts which last for months and can reduce agricultural output…

Delayed energy reforms raise risks for Poland

Location:

POLAND

Poland is under pressure to align with EU policies on climate. However, it has failed to articulate a strategic vision for the energy sector as the mainstream political parties…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…