Analysis: As the global economy recovers from Covid-19, oil production and prices are expected to surpass pre-pandemic levels. But with changing market dynamics and acceleration towards renewables, the energy market could be in for a volatile year. The economies of energy-producing countries in the Middle East will be heavily reliant …
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2020 has been a difficult year for the Gulf. All members of the Gulf Cooperation Council, heavily reliant on oil, have been severely impacted by the economic turmoil of the ongoing COVID-19 pandemic. For no country is this more important than Saudi Arabia, the world’s largest oil producer, which depends …
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As the Islamic Republic continues to fall behind in the rapidly evolving global energy industry, will it ever be able to take advantage of what remains of its enormous oil and gas wealth? Since Iran’s Islamic Revolution of 1979, the country’s oil and gas sector has continuously suffered from sanctions, …
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