Saudi Aramco: Last Man Standing in the Oil Era
· 3 May
Decarbonising the economy does not mean bringing the world’s oil consumption to a sudden stop. As the planet’s number one producer of black gold, Saudi Aramco means to exploit this situation to the hilt, making Saudi Arabia one of the champions of the petroleum twilight.
The Covid-19 pandemic (...)
Oman Stymied by the “Green” Turning
· 6 April
A year after the death of Sultan Qabos Ben Said Al-Said, the “father of the nation”, Oman is still trying to find its way in a world where the supremacy of petroleum is on its last legs, losing out to renewable energies which require a profound socio-economic transformation.
The time is ripe for (...)
- Change of course for the Gulf States’ Sovereign Wealth Funds Sebastian Castelier · July 2020 Their sovereign funds are multi-faceted bodies which invest the Gulf states’ budget surpluses on the world’s stock exchanges. But the volatility of oil prices, the increasing debt ratios and the effects of the Covid-19 crisis on the economies of the region should by rights redirect these (...)
- Gulf Hubs Asphyxiated by Covid-19 Sebastian Castelier · April 2020 Over 800 jetliners are grounded in the airports of the Gulf countries. Nerve centre of the air routes between Asia, Europe and Africa, the region has cause for worry: will the industry that plays a crucial role in the diversification of economies that are far too dependent on hydrocarbon (...)
Qatar: Farming Ambitions Detrimental to the Environment
· October 2019
Seriously affected by the diplomatic crisis that has divided the Gulf countries since 2017, Qatar brandishes its determination to achieve food self-sufficiency as a political riposte at the risk of durably depleting its precious subsoil hydraulic resources.
A stone’s throw from the Qatar (...)