Energy

The alliance of producers is hastening the timetable to restore barrels of oil to the market in a deft diplomatic maneuver that has been welcomed by Washington and Moscow.

Gulf states will have to reconcile their plans for increasing oil and gas production and investments in fossil fuels with their ambitious climate targets.

Europe is desperately seeking alternatives to Russian gas, but the Kurdistan Regional Government has some way to go before it can produce excess gas for exportation.

Kuwait and Saudi Arabia’s deal to develop the Dorra gas field could set up a confrontation between Iran and Kuwait – one of the GCC states with which Tehran has the most cordial relations.

The war in Ukraine has brought about a change of direction and exposed the vulnerabilities of an energy world in transition.

A revived nuclear deal with Iran would untangle some energy knots while tightening others.

The IEA’s release of over 60 million barrels of emergency oil stocks was the largest in IEA history. But there is increasing recognition of the need to coordinate such short-term measures with longer-term solutions.

On March 10, AGSIW hosted a discussion examining the impact of the Ukraine crisis on global oil and gas markets and the direct effects on the Gulf region.