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Saudi Arabia needs a strategy for the hydrogen sector

Location:

SAUDI ARABIA

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…

Gas supply/demand imbalance will persist into 2023

Location:

INTERNATIONAL

The Asian spot price for liquefied natural gas (LNG) set records in late 2020 and again in October 2021, equivalent to USD325 per barrel of oil equivalent, with European gas…

Ukraine war makes EU climate targets less achievable

Location:

EUROPE

The plan focuses on decoupling from Russian energy primarily via an acceleration of the energy transition, rather than falling back on more carbon-intensive coal or building new…

EU’s green agenda will expose large divergences

Location:

EUROPE

The extent of their preparedness reflects a combination of willingness and ability. Willingness is evident in government policy and in the public's environmental consciousness and…

E-fuels for transport risk hurting EU climate goals

Location:

EUROPE

The EU’s decision to allow the sale of new e-fuel-powered vehicles after 2035 has focused attention on a controversial decarbonisation pathway aimed primarily at transportation…

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…

Economic improvement in Chile will remain moderate

Location:

CHILE

The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.

Renewables will erode gas usage in power and transport

Location:

INTERNATIONAL

The latest World Economic Outlook 2019 (WEO) from the International Energy Agency (IEA), published on November 13, suggests that achieving emissions targets will require gas to be…

The EU will struggle to achieve REPowerEU targets

Location:

EU

The overarching objectives of the proposals are to diversify the source of gas imports away from Russia and to shift away from gas in the medium-to-long term via the acceleration…

Oil and gas prices boost Oman's financial position

Location:

OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…