How has Sharjah’s environmental sustainability drive evolved during the Covid-19 pandemic, and how can it contribute to a green recovery?
The Middle East Energy
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Interviews & Viewpoints | Khaled Al Huraimel, Group CEO, Bee’ah: Interview from The Report: Sharjah 2021
Articles & Analysis | How the pandemic intensified the shift towards renewables from The Report: Sharjah 2021
The year 2020 was a dramatic one for the global energy sector, with the Covid-19 pandemic slashing demand for hydrocarbons and upending market norms. Seeing that investment in oil and gas took a hit while renewable energy remained resilient, the pandemic is expected to result in a permanent realignment of the international energy market.
Chapter | Industry & Energy from The Report: Sharjah 2021
Benefitting from a low cost base, and well-developed and connected infrastructure, Sharjah has become a key industrial player in the region. Indeed, the...
Sharjah has one of the most diversified economies in the UAE, with a strong foundation in industry and manufacturing. Approximately 95.8% of its economic activity was derived from non-oil sectors in 2019, positioning the emirate to absorb much of the impact of the Covid-19 pandemic.
Economic update | Report: How is the Covid-19 pandemic re-shaping the global oilfield services sector?
6 Oct 2021
The global oil industry had yet to recover from the price crash of 2014-15 by the time the pandemic hit in early 2020, which meant that upstream operators and service providers were already grappling with cost-related challenges and falling profit margins.
With hydrocarbons-rich countries in the Gulf increasingly looking to reduce their carbon emissions, some in the region are turning towards multi-coloured hydrogen as a more environmentally sustainable solution.