Oil

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The Gulf Cooperation Council and the Countdown to Net Zero

The next few years will be pivotal for the Gulf and the broader international community as the world’s energy architecture is redesigned to meet net-zero ambitions.

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Chinese Firms Snag Iraqi Oil and Gas Blocks

Chinese investors are less risk averse than their Western counterparts, hence their strong showing in the latest upstream opportunities offered by Baghdad.

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Kuwait’s New Energy Strategy Takes Off but Oil’s Still Dominant

While other Gulf Arab oil producing states have advanced diversification policies to ease reliance on oil revenue and increase renewable energy investments, Kuwait has lagged behind.

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Iraq Moves to Tackle Climate Challenge

Iraq is stepping up efforts to reduce flared gas as the first solar power plant moves forward with France’s TotalEnergies.

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IEA Cuts Oil Demand Forecast for 2024 but OPEC Remains Bullish

While geopolitical tensions have the oil market “on edge,” the IEA expects a well-supplied market amid weaker demand.

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Can Iran Sustain Its Oil and Gas Export Surge?

Iran’s oil resurgence is a critical market and political development, but the Iranian energy industry remains in a shaky state.

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OPEC and IEA at Odds Over Long-Term Oil Demand Outlook

The divergence between the IEA and OPEC outlooks is largely due to assumptions regarding the speed at which internal combustion engine vehicles will be replaced by electric vehicles.

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Global Oil Prices Spiral Higher After Saudi Arabia and Russia Extend Supply Cuts

A substantial drawdown on global oil stocks is forecast for the fourth quarter amid record oil demand, accelerating the rise in oil prices to the $100 per barrel threshold.

The UAE’s Path to Food Self-Sufficiency

While under current conditions achieving food self-sufficiency is likely to remain aspirational, taking bold steps could radically improve the UAE’s food security in the interim and make the goal of food self-sufficiency more achievable down the line.

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Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.

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