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Oman's LNG exports will increase as oil plateaus

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OMAN

Previously, 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…

Brazil renewables will gain priority amid challenges

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BRAZIL

Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…

Manama will struggle to vary its investor offering

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BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Limits to Russia’s ties with Turkey will persist

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RUSSIA

Energy ties, already deep, have expanded since 2022 as part of a broader reorientation of Russian commerce away from the West. The similarly authoritarian leadership styles of…

The Gaza war will weigh on Mideast economic outlook

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MIDDLE EAST

MIDDLE EAST: Gaza war will weigh on economic outlook

Algeria is set for more renewable energy generation

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ALGERIA

In March, Sonelgaz awarded 19 contracts for the installation of almost 3 gigawatts of solar power generation capacity. Increasing the renewables mix in Algeria's energy balance…

Saudi Arabia seeks to expand revenue streams

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SAUDI ARABIA

SAUDI ARABIA: Riyadh seeks to expand revenue streams

Rising Russian investment will cause structural change

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RUSSIA

The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…

East Africa wind power will expand despite challenges

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EAST AFRICA

With an installed capacity of 310 megawatts, LTWP is Africa’s largest operational wind farm. However, despite its potential, wind power remains a small part of East Africa’s…

Green bond issuance will gradually grow in the Gulf

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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…