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Energy

Why Gulf National Oil Companies Are Investing in U.S. LNG

Gulf national oil companies represent a new pool of capital for global gas investment, and with some of their first forays in the United States, Gulf gas deals suggest Washington’s relations with Riyadh and Abu Dhabi are improving.

Liquefied natural gas vessel Kmarin Diamond at Freeport LNG, the second largest exporter of U.S. liquefied natural gas, near Freeport, Texas, U.S., February 11, 2023. (REUTERS/Arathy Somasekhar)

Kuwait’s Big New Offshore Oil Find

Can the offshore Al-Nokhatha discovery help Kuwait’s oil and gas investments sail ahead?

An aerial view shows Kuwait City, Kuwait, March 16, 2020. (REUTERS/Stephanie McGehee)

Gulf States Advance Clean Energy Agenda but Need to Decarbonize Much Faster

While Gulf states are boosting their green energy potential, the demands of the energy transition require them to prioritize decarbonizing oil and gas production.

Roger Diwan presents at the 2024 AGSIW Petro Diplomacy conference. (Credit: AGSIW)

The Gulf Cooperation Council and the Countdown to Net Zero

The next few years will be pivotal for the Gulf and the broader international community as the world’s energy architecture is redesigned to meet net-zero ambitions.

A solar tower operates at Mohammed bin Rashid Al Maktoum Solar Park as Dubai, United Arab Emirates hosts the COP28 U.N. Climate Summit, Monday, Dec. 11, 2023, in Dubai, United Arab Emirates. (AP Photo/Joshua A. Bickel)

IEA: Global Investment in Clean Energy Set to Reach Record $2 Trillion in 2024

Despite some large solar projects underway in the Gulf Arab states, mainly Saudi Arabia and the United Arab Emirates, the Middle East does not account for a significant share of total investments in clean energy.

A person stands near a window overlooking solar panels and a solar tower at Mohammed Bin Rashid Al Maktoum Solar Park as Dubai, United Arab Emirates hosts the COP28 U.N. Climate Summit, December 11, 2023. (AP Photo/Joshua A. Bickel)

Chinese Firms Snag Iraqi Oil and Gas Blocks

Chinese investors are less risk averse than their Western counterparts, hence their strong showing in the latest upstream opportunities offered by Baghdad.

Iraq's oil minister, Hayan Abdul Ghani Al-Swad, attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's headquarters in Baghdad, Iraq, May 11. (REUTERS/Thaier Al-Sudani)

Privatizing the Gulf Utility Sector

Gulf governments are looking to privatize their energy-intensive utility sectors, aiming to make public utilities more environmentally and financially sustainable.

A general view of the Saline Water Conversion Corporation is pictured in this undated handout photo, in Jubail, Saudi Arabia. (Saline Water Conversion Corporation/Handout via REUTERS)

Petro Diplomacy 2024: The Countdown to Net Zero

On June 11, AGSIW convened its 10th annual Petro Diplomacy conference.

A person walks in Masdar's wind farm on Sir Bani Yas Island, in Abu Dhabi, United Arab Emirates, September 28, 2023. (REUTERS/Amr Alfiky)