Tag Archives: oil and gas

As the GCC states undergo economic diversification efforts, they have increasingly turned to China for help—and Beijing has happily reciprocated. The geopolitical environment surrounding renewable technology and essential minerals is changing dramatically as the globe speeds up its journey to sustainable energy. China, which has become the main actor in the …

President Donald Trump has promised to drastically lower oil prices in the United States during his second term—but the world’s oil-producing states may not allow him. U.S. President Donald Trump’s ambitious plan to revitalize the American oil sector and slash prices, a key promise of his reelection campaign, may be …

Egypt and Saudi Arabia advance a significant power grid interconnection, enhancing regional energy exchange and cooperation. Saudi Arabia and Egypt, two of the most powerful countries in the Arab world, have long enjoyed strong diplomatic, economic, and strategic relations. The two nations’ cooperation on regional security issues has further cemented their …

Baku, November 1, AZERTAC Azerbaijan’s hosting of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change will play a critical role in facilitating the country’s transition to green energy, as well as achieving the goals of renewable energy development. Undoubtedly, the international …

Iran’s renewable energy sector now produces less than one percent of the nation’s total electricity, far less than its neighbors Amid the multiple crises roiling the Middle East, Iran’s new President Masoud Pezeshkian also faces important decisions about his country’s energy destiny. Characterized by excessive reliance on fossil fuels and frequent power …

In the run-up to the next U.S. presidential elections, energy security is becoming an increasingly important issue. Candidates’ suggested methods for improving energy security are being closely examined as they present their energy agendas. While some place greater emphasis on attaining energy independence, others give priority to more general goals …

The United Arab Emirates has decided to leverage its immense wealth to bring about a green revolution, but staying the path will require an enduring commitment. As increasingly devastating climate events underline the need to transition away from fossil fuels, the rapid and sustainable development of renewable energy resources has …

Historically reliant on its abundant gas and oil resources, Azerbaijan is currently experiencing a significant energy transition aimed at enhancing sustainability and broadening its energy composition. The country has made large investments in hydroelectric, solar, and wind power to meet its ambitious targets for increasing the share of renewable energy …

Beset by an unprecedented domestic energy crisis, Iran has sought to cement foreign energy deals and investment, to varied success. Though the country faces a raft of international sanctions and several major geopolitical hurdles, Iran’s oil and gas sector has seen a significant expansion in recent months—a period of growth marked by …

Despite a persistent and alarming deficit in its natural gas production, Iran recently chose to renew gas export contracts with Iraq – a decision that can have severe consequences for its own energy needs. While Iran boasts having the second largest natural gas reserves in the world, its production capacity …