After several years of stasis due to the Covid-19 pandemic, the kingdom’s energy industry is seeing a renewed pace of activity. Though Bahrain does not produce as much oil as its larger neighbours, the energy industry remains a vital part of the national economy. This has been helped by a large-scale oil and gas discovery in 2018 and the upgrade of the country’s main refinery in Sitra. Bahrain...
Bahrain Energy
Chapter | Energy & Utilities from The Report: Bahrain 2022
After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with strong growth, rising government revenue and a new plan for the future economy. As energy and tourism earnings recover, the kingdom aims to generate sustainable long-term growth opportunities through new sector strategies and transformational infrastructure projects.
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Articles & Analysis | The impact of rising oil prices on the Gulf’s shift to renewables from The Report: Bahrain 2022
After opening 2022 at around $78 per barrel, Brent crude prices rose sharply over the next few months to surpass $127 on March 8 – the highest price in 14 years, driven in part by Russia’s invasion of Ukraine – before moderating slightly to around $106 as of midMarch. Although investment in oil and gas has fallen by about 30% since the outbreak of the pandemic, there are signs...
Articles & Analysis | Bahrain sees challenges and opportunities on the path to carbon neutrality from The Report: Bahrain 2022
In November 2021 Bahrain became the third GCC member, after the UAE and Saudi Arabia, to commit to reaching net-zero carbon emissions by 2060. Although its current emissions amount to a fraction of those emitted by its neighbours, climate change poses a very real threat to the kingdom. Modelling carried out in 2017 showed that a rise in sea levels of 1.5 metres would see...
Interviews & Viewpoints | Bassem Battisha, Country Chairman, Chevron Bahrain: Interview from The Report: Bahrain 2022
What role can international companies play in helping to capitalise on opportunities arising from the global green energy transition?
Interviews & Viewpoints | Mark Thomas, CEO, nogaholding: Interview from The Report: Bahrain 2022
Where do you identify the main opportunities and challenges related to Bahrain’s target of reaching net-zero carbon emissions by 2060?
Articles & Analysis | Hydrogen holds promise as a sustainable energy resource in the Gulf from The Report: Bahrain 2022
With hydrocarbons-rich countries in the Gulf increasingly looking to reduce their carbon emissions, some in the region are turning to multi-coloured hydrogen as a more environmentally sustainable solution. Along with renewable sources like solar and wind, hydrogen is regarded as a potential low-carbon or zero-carbon fuel that is key to the transition away from fossil fuels....
Articles & Analysis | Bahrain moves to expand both hydrocarbons and renewable energies from The Report: Bahrain 2022
Oil was first discovered in Bahrain in 1932, making it the oldest oil-producing market in the Gulf region. After several years of stasis due to the Covid-19 pandemic, the kingdom’s energy industry is seeing a renewed pace of activity. Though Bahrain does not produce as much oil as its larger neighbours, the energy industry remains a vital part of the national economy. This has...