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Oman’s green hydrogen sector will grow over the decade

Location:

OMAN

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…

Iran impact on global oil market will be slow

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INT/IRAN

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…

Doha disagreement delineates Saudi-Iranian rivalry

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INTERNATIONAL

Many producers, facing budgetary pressures because of low oil prices, support output restraint, but they need to act in concert. Russia and Saudi Arabia have offered a freeze…

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…

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…

Prospects for MENA green energy transition to 2030

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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…

Global trade and shipping will long remain subdued

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INTERNATIONAL

Trends in global trade and shipping.

Saudi Arabia will grow its petrochemicals industry

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SAUDI ARABIA

The announcement follows several investments in the sector at home and abroad by Aramco. Riyadh is doubling down on its strategy of converting an increasing proportion of its…

Omani fiscal plans will depend on social impact

Location:

OMAN

Leading international credit ratings agencies had upgraded their outlook for Oman in early 2023. Positive reviews reflect the sultanate’s improved financial performance in 2022…

Oman's LNG exports will increase as oil plateaus

Location:

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…