Energy

As part of the sixth annual Petro Diplomacy conference, Wilkinson discussed the ongoing energy transition and the impact of the coronavirus pandemic on energy producers.

The coronavirus pandemic represents an opportunity to reevaluate existing policies and tools, and climate change provides the needed lens for redirecting development onto sustainable trajectories.

Gulf oil producers need to show some urgency and establish a strategy compatible with a carbon-neutral world.

The creation and management of domestic and external stakeholder coalitions is intrinsic to a sustained commitment to nuclear energy in the UAE.

The option to return to the pre-crisis model of rising oil demand is quickly disappearing.

The Gulf appears to be approaching a new, uncertain era: a scramble for sources of uranium, possibly followed by the acquisition of dual-use technologies, enrichment, and a capacity for breakout.

As Gulf Arab policymakers continue to confront an ambiguous future, they will rely heavily on familiar economic policy measures and avoid straying from the status quo as long as possible.

Oman’s precarious reliance on energy exports to China and insufficient Chinese investment in non-oil segments of the Omani economy leave the sultanate in a weak position to address urgent economic challenges.