Which export markets do you see as the fastest-growing destinations for refined products?
The Middle East Energy
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Interviews & Viewpoints | Saif Humaid Al Falasi, Group CEO, Emirates National Oil Company (ENOC): Interview from The Report: Dubai 2019
Articles & Analysis | Renewable resources on the rise in developing economies from The Report: Dubai 2019
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, most recently, the Paris Agreement. Investment in and development of renewable...
Although Dubai’s growth and prosperity have been fuelled by its proximity to oil, its own modest hydrocarbons endowment accounted for just 1.3% of the...
Near-term sentiment is on the rise among Dubai’s business leaders, with the IMF forecasting a healthy GDP growth rate of 4.2% in 2019 for the emirate. While not as exposed as some of its regional neighbours to the effects of fluctuating commodities prices in recent times, Dubai nevertheless stands to benefit from the knock-on effects of higher prices over the last year.
In order to meet rising domestic demand and free up oil for export, Kuwait is increasing investment in solar energy, providing opportunities for technology and service providers.
Articles & Analysis | Bahrain's energy sector seeks investors for major hydrocarbons find from The Report: Bahrain 2019
In early September 2017 Bahrain’s state-backed hydrocarbons entities made a major new tight oil and gas find in the Khaleej Al Bahrain basin. The discovery, which covers more than 6000 sq km, contains probable reserves of around 81bn barrels of oil and 14trn standard cu feet of associated gas.