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Energy

The Transformation of Abu Dhabi’s Oil Industry

Ben Cahill discussed the fundamental shift in Abu Dhabi's oil policy since 2016.

The Panorama Digital Command Center at ADNOC's headquarters in Abu Dhabi, United Arab Emirates, May 12, 2018 (REUTERS/Satish Kumar)

Iraq Puts Faith in Total To Deliver More Gas, Water, and Solar Projects

A $7 billion deal with French oil major Total could provide a lifeline for Iraq’s fragile economy.

A general view shows the central station gas processing plant at Rumaila oilfield in Basra, Iraq, Nov. 5, 2020. (REUTERS/Essam Al-Sudani)

OPEC+ Oil Producers Hold Course as Demand Worries Persist

Saudi Arabia and Russia appear to be on the same page now, but OPEC+ will have to consider the impacts of its market management policies if it wants to avoid the pitfalls that have contributed to oil price volatility in the past.

USO chart photographed on an Iphone SE, 2020. (BBBST/STAR MAX/IPx 2021)

Oil Price Recovery Reverses 2020 Losses as OPEC+ Stays the Course

OPEC+ producers seem to have adopted a wait-and-see attitude, but as maintaining production cuts becomes more difficult for the smaller producers, they may be tempted to cash in while prices are high.

A masked pedestrian walks past a self-service gas station in Los Angeles, California, Dec. 6, 2020. (AP Photo/Richard Vogel)

AGSIW Outlook 2021

AGSIW experts explain what regional trends they’ll be following most closely as the year unfolds.

Joseph R. Biden Jr., then U.S. vice president, shakes hands with Abu Dhabi's crown prince, Mohammed bin Zayed al-Nahyan, in Abu Dhabi, United Arab Emirates, March 7, 2016. (AP Photo/Kamran Jebreili)

Saudi Arabia Delivers Shock to Market With Surprise Oil Output Cut

The new variant of the coronavirus, new lockdowns in several parts of the world, and the slower-than-expected rollout of the vaccine cast doubt on the timing of a recovery that would sustain higher production.

Saudi Minister of Energy Prince Abdulaziz bin Salman, right, and Saudi Aramco President and CEO Amin Nasser smile as they leave a press conference in Jeddah, Saudi Arabia, Tuesday, Sept. 17, 2019. (AP Photo/Amr Nabil)

Pressure Builds on Gulf Countries To Take Climate Action

In 2020, the coronavirus pandemic dealt a significant blow to global climate diplomacy, but the strengthening of a number of trends might signal more momentous changes to come.

Mangroves in the ancient mangrove swamp Khor Kalba, United Arab Emirates, June 13, 2006 (AP Photo/Kamran Jebreili)

OPEC+ Plays It Safe With Small Output Adjustment

The OPEC+ alliance managed to stamp out dissent within its ranks and come to a compromise deal that will keep the market guessing in the months ahead.

Saudi Minister of Energy Prince Abdulaziz bin Salman speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries in Riyadh, Saudi Arabia April 9, 2020. (Saudi Press Agency/Handout via REUTERS)