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New Saudi and Emirati gas finds boost export hopes

Location:

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…

Green bond issuance will gradually grow in the Gulf

Location:

GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…

Global city model faces major challenges in Gulf

Location:

GULF STATES

Competition for regional hub status in the Gulf.

The Gulf will take on the energy transition challenge

Location:

GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

Qatari LNG plans will depress global prices

Location:

QATAR

This comes after Qatar in June announced new plans for a third major expansion of its LNG capacity, which should once again set it ahead of Australia as the world’s top LNG…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Prospects for MENA green energy transition to 2030

Location:

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…

International LNG trade patterns will evolve further

Location:

INTERNATIONAL

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…

LNG use will be crucial to nations’ energy transitions

Location:

INTERNATIONAL

LNG is cleaner than most fossil fuels but still incompatible with net zero emissions. India, China and other Asian economies see LNG imports as a ready and economically viable…

Solar power set for expansion in the Gulf

Location:

GULF STATES

Solar power in the Gulf.