Petro Diplomacy 2024: The Countdown to Net Zero
On June 11, AGSIW convened its 10th annual Petro Diplomacy conference.
Director, Economics and Energy Program, Middle East Institute; Senior Analyst, Energy Intelligence
Colby Connelly is the director of the economics and energy program at the Middle East Institute and a senior analyst at Energy Intelligence. His research focus on regional macroeconomics, operating conditions, and political trends in the Middle East and North Africa, including oil markets, OPEC+, geopolitics, and the regional effects of the energy transition. He also contributes to competitive intelligence research by examining corporate strategies and developments in the region.
Prior to joining Energy Intelligence, Connelly worked as a research associate at the Arab Gulf States Institute in Washington, where he focused on the economies of the Gulf Cooperation Council region, with special attention to national oil companies and domestic energy markets. He spent several years working as a contractor in Saudi Arabia in support of workforce nationalization projects established as part of the government’s Saudization initiative. He designed, managed, and supported multiple training programs tailored for new employees of Saudi energy and critical infrastructure companies. He also has over seven years’ experience serving as a contributor to IHS Markit’s Middle East and North Africa country risk product.
Connelly holds an MA in global security studies from the Center for Advanced Governmental Studies at Johns Hopkins University and a BA in international affairs from James Madison University.
On June 11, AGSIW convened its 10th annual Petro Diplomacy conference.
On October 20 and 21, AGSIW convened its eighth annual Petro Diplomacy conference.
The world’s largest coronavirus lockdown in South Asia is placing unprecedented downward pressure on energy demand.
Yemen LNG, the country’s largest industrial project, has been inactive for nearly five years. Both political and gas market volatility threaten to keep it that way.
The Saudi mining industry starts 2020 with a slimmer regulatory agency, new management, and prospects that appear more favorable than many other Vision 2030 programs.
Oman has had notable success with its Khazzan gas field, but the sultanate will need to manage its domestic gas consumption and sign favorable long-term supply contracts to continue to benefit from LNG exports.
Countries that export larger quantities of low-sulfur crude oil will be the foremost beneficiaries of the demand brought on by IMO 2020, but the new regulations will not be a boon for everyone in the region.
The model of the low-cost carrier has penetrated the Gulf region, and for the state-owned airlines Emirates, Etihad, and Qatar Airways, maintaining their positions as industry leaders will be contingent on the ability to cut costs where the competition cannot.
Saudi Aramco's and the Abu Dhabi National Oil Company’s overseas investment initiatives could serve to lay the framework for a Saudi-Emirati energy partnership that accelerates each company’s ambition of challenging global oil and gas majors.