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Prospects for MENA green energy transition to 2030

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PROSPECTS 2030

High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…

Oman will lead Middle East in green hydrogen progress

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OMAN

Oman is outpacing most global competitors in laying foundations to become a major international supplier of the carbon-free fuel, augmenting its natural advantages with…

United Arab Emirates will increase oil and gas output

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UNITED ARAB EMIRATES

ADNOC believes there will be a solid market for hydrocarbons for decades to come; it aims to preserve its role as a leading global hydrocarbons supplier while cutting carbon…

Oil price will stay subdued globally in 2016

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INTERNATIONAL

The likelihood of a production-cutting deal between OPEC and non-OPEC producers has diminished, and the moderate rebound in prices at end-January has reversed. In 2016, demand…

New Saudi and Emirati gas finds boost export hopes

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UAE/SAUDI ARABIA

Further exploration and appraisal work will be needed to gauge how much gas can be recovered from the new discoveries and at what cost. The global demand slump following COVID-19…

Ambitious reform plan will test Saudi government

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SAUDI ARABIA

Saudi National Transformation Program.

Multiple obstacles will block a Yemeni oil revival

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YEMEN

Hydrocarbon exports are critical to Hadi’s government, which relies almost exclusively on these revenues for funding.

Saudi Arabia may prioritise non-OPEC ties

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SAUDI ARABIA

Ministers of OPEC and other oil-producing states are preparing to meet in Vienna. They will decide how to respond to calls -- including from the United States and India -- for…

US-Middle East alignment unlikely

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UNITED STATES/MIDDLE EAST

He will meet Israeli and Palestinian leaders and top officials from Gulf Cooperation Council (GCC) members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates…

Russia will expand Middle East security and trade role

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MIDDLE EAST

The previous day, the Pentagon said that Moscow was trying to influence events in Libya. Since intervening in Syria in September 2015, President Vladimir Putin has established…