Energy

Saudi Arabia extends steep “voluntary” production cut through August but a weaker-than-expected Chinese economic recovery weighs heavily on market sentiment.

The UAE is seeking to capitalize on the opportunities presented by the energy transition rather than merely avoiding pitfalls along the way.

Recent Iranian claims have again raised questions over the contested Dorra gas field.

On June 27 and 28, AGSIW convened its ninth annual Petro Diplomacy conference. 

The UAE will need to find common ground to make COP28 a success because time and the Middle East’s remaining carbon budget are running out.

If Middle Eastern countries are to reduce carbon emissions and reach their net-zero targets, solar and wind energy must be scaled up to provide zero-carbon energy and displace natural gas.

Despite a “voluntary” production cut announced by Saudi Arabia for July, economic uncertainty overshadowed the June 4 OPEC+ meeting.

International renewable energy certificates, which are increasingly popular in the Gulf, can help fuel the growth of the renewable energy industry as the world transitions away from fossil fuels.