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1 – 10 of 30Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…
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DOI: 10.1108/OXAN-DB286532
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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The deal links two key sectors in the six Gulf Cooperation Council (GCC) countries’ efforts to diversify their hydrocarbon-dependent economies, connecting transportation and…
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DOI: 10.1108/OXAN-DB281388
ISSN: 2633-304X
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Earlier in July, the United Arab Emirates (UAE) government unveiled ambitious new targets for clean power and low-carbon hydrogen production. The main emirates are accelerating…
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DOI: 10.1108/OXAN-DB280961
ISSN: 2633-304X
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Europe's decisive move away from Russian pipeline gas since February 2022 has changed hugely the global LNG trade. Between 2019 and 2022, the global LNG market grew by 12%, with…
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DOI: 10.1108/OXAN-DB282041
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB279701
ISSN: 2633-304X
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Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…
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DOI: 10.1108/OXAN-DB273230
ISSN: 2633-304X
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It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…
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DOI: 10.1108/OXAN-DB271565
ISSN: 2633-304X
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Indian nationals are struggling to maintain jobs in the Middle East as GCC states contend with historically low oil prices as well as the economic fallout of the pandemic. Gulf…
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DOI: 10.1108/OXAN-DB253134
ISSN: 2633-304X
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This drop reflected concerns over China's slowdown, fears that Greece would be forced to leave the euro-area, and the agreement of a deal between Iran and the P5+1 powers (five…