Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
At the 2012 UN Conference on Climate Change in Doha, the emir of Kuwait announced that the country was aiming to generate 15% of its electricity from sun and wind by 2030 – a target since reasserted in the New Kuwait 2035 vision. While this goal will help reduce greenhouse gas emissions and combat climate change, Kuwait’s desire to boost...
With the sixth-largest proven oil reserves in the world, and an industry that dates back to the early days of oil and gas dominance in energy, Kuwait is among the world’s principal hydrocarbons powers. The Gulf country is also one of the top energy sector investors, with a range of mega-projects under way in refining, petrochemicals, new...
With the sixth-largest proven oil reserves in the world, Kuwait is among the world’s principal hydrocarbons powers. The Gulf country is also one of...
With the sixth-largest proven oil reserves in the world, and an industry that dates back to the early days of oil and gas dominance in energy, Kuwait is among the world’s principal hydrocarbons powers. Yet, given the lower oil prices seen in global markets in recent years, initiatives outlined in the New Kuwait 2035 development plan come at a critical time in terms of enhancing the state’s competitiveness as a destination for foreign direct investment.
Kuwait has moved to further expand its energy sector, after officials resumed talks with their Saudi Arabian counterparts on oil production in the Partitioned Neutral Zone (PNZ).
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