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The decision came three days after Saudi Arabia confirmed during an OPEC meeting that it intends to persist in allowing oil prices to be determined by supply and demand, rather…
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DOI: 10.1108/OXAN-DB211580
ISSN: 2633-304X
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Geographic
Topical
Despite such controversies, the government is pinning hopes for economic recovery on restoring hydrocarbons production alongside longstanding plans to reduce the country’s…
The oil sector's contribution to GDP fell last year, but this was due only to the market impacts of the COVID-19 pandemic. Kazakhstan continues to depend heavily on oil exports…
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DOI: 10.1108/OXAN-DB263057
ISSN: 2633-304X
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Geographic
Topical
The performance of the oil sector and state oil company PDVSA, in particular, is a key factor in the economic collapse. At the same time, a new opposition-dominated National…
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DOI: 10.1108/OXAN-DB207849
ISSN: 2633-304X
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Geographic
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Prospects for consolidation in the oil and gas industry.
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DOI: 10.1108/OXAN-DB210283
ISSN: 2633-304X
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Geographic
Topical
As the COVID-19 pandemic depressed Chinese and global demand for oil, Russia and Saudi Arabia broke off their three-year price management agreement, sending prices tumbling…
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DOI: 10.1108/OXAN-DB251753
ISSN: 2633-304X
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Geographic
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Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…
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DOI: 10.1108/OXAN-DB258306
ISSN: 2633-304X
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Geographic
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The king’s son was appointed energy minister on September 8, just one week before Iranian attacks on two key oil facilities at Abqaiq and Khurais, which temporarily halved Saudi…
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DOI: 10.1108/OXAN-DB249279
ISSN: 2633-304X
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Geographic
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Update on Brunei's economy.