Middle East
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) closed on Thursday with a mixed outlook on the future of the energy industry.
Methane regulation around the world is still significantly lacking, but signs of progress with mitigation are hopeful, industry experts said on the second day of ADIPEC.
On the opening day of the ADIPEC conference in Abu Dhabi, energy and industry leaders were sanguine about future energy demand in spite of concerns over a supply glut.
The Israeli strike on Qatar last month has been widely viewed by industry and regional commentators as a marked departure from established political norms.
Attacks on key energy infrastructure sites have exacerbated electricity supply concerns, potentially stoking domestic discontent and highlighting security vulnerabilities.
Hydrogen as a fuel is structurally unaffordable and could be used as a predatory delay tactic in the Middle East, experts warned.
Oil refineries, gas export terminals, and pipelines have been damaged by missile strikes in the Israel-Iran conflict. War in the Middle East could spread chaos and volatility.
With Trump back in office, doubts remain over how the Middle East's energy transition can happen at a pace which conforms with global climate targets.
ADNOC has announced investments in LNG projects in the U.S. and Mozambique while simultaneously advancing its domestic LNG plans.
Iraq alone is responsible for around 13% of global gas flaring, according to the World Bank.
An Iraqi man’s son died of leukemia a year ago. He says that BP’s excessive gas flaring in southern Iraq is the cause, and he is seeking damages from the British oil giant.
Oman's energy transition cannot happen without oil and gas still playing a role, delegates said at an Oman energy show this week.
There are still barriers to a full hydrogen value chain and economy taking off, delegates said at the Oman Petroleum and Energy Show.
When delegates gathered in Dubai just a fortnight ago for the opening of COP28, the chances of progress seemed slim, but these oil state climate talks delivered a transition away from fossil fuels that no previous COP managed to achieve.
Saudi Arabia remains a thorn in the side of COP28. Only one solution remains – that the Gulf petrostate host its own COP, and face up to global scrutiny as the United Arab Emirates has done.
It is less than a week since COP28, the largest ever U.N climate summit, began in the oil kingdom city of Dubai, but drama is already at a peak after Sultan Al Jaber questioned the science behind phasing out fossil fuels.