In recent years, Saudi Arabia has had a comprehensive plan to reduce the share of oil in its economy, and it is seeking to increase the share of renewable energy in electricity generation.  Saudi Arabia currently consumes about a quarter of its oil production, which is expected to remain almost …

The main goal of OPEC is to coordinate and unify the oil policies of its members, and to identify the best ways to protect their interests individually and collectively. OPEC is also looking for ways to guarantee world market prices by eliminating unnecessary volatility. OPEC’s continuing viability and its impact …

Azerbaijan’s location on the Caspian Sea means it is developing offshore oil and gas fields. Due to the share of oil and gas reserves and production from the Caspian Sea, the country’s energy strategy in maintaining and increasing its energy status, especially in the gas sector, has led to the …

Having oil and gas resources can be one of the most important pillars of the overall economic policy of the ruling economy, which can rightly be a good fit for the country’s economy in the face of current and ongoing crises and for its long-term development and impact. In industrial, …

Saudi Arabia has an incredible opportunity to move away from its complete dependence on oil, but it will need to make a number of structural changes to ensure its plans are not derailed. The reality is that the Saudi economy, including the private non-oil related sector, is heavily dependent on …

Turkish President Recep Tayyip Erdogan (November 13) will arrive in Washington to hold talks with US President Donald Trump. Erdogan is heading to Washington, where Turkey-US relations have been at a critical juncture in recent years, and the two NATO allies have sometimes adopted conflicting policies toward regional crises that …

Despite its huge oil and gas reserves, Iran has been unable to play an important role in regional and international energy market. The limitations placed on its industry, the high growth of annual domestic consumption, and the general disruptions caused to oil exports have all caused consternation among policymakers, especially …

Energy relations form one of the main pillars of Iranian-Pakistani relations. In 1990, increased domestic demand for natural gas led Pakistan to begin negotiations to export gas from Iran. India’s growing energy demand led to joint support for a 2,700-kilometer “Peace Pipeline” that would allow India and Pakistan to import …

Iran holds the second largest natural gas reserves in the world. Despite this advantage, the country controls less than one percent of the world’s natural gas market. Nevertheless, Iran is the third largest gas producer and, over the past few years, has focused on increasing its share of the global …

Since it has huge oil and gas reserves and is geographically quite close, Iran is ideally placed to provide energy to India, and thus the country is Iran’s second largest oil market after China. Even at the height of the U.S. sanctions on Iran’s energy sector, India continued to import …