US oil boom both curse and blessing for Middle East producers

US oil boom both curse and blessing for Middle East producers

Power Shift Triggers New LNG Rulebook

A new rule book characterized by the suppleness of supply and autonomy for buyers of LNG is emerging. An oversupply of LNG and subsequent ‘soft’ prices – especially for oil-indexed contracts – means buyers can flex their purchasing muscle to demand a bigger ‘menu’ of contractual options than ever before. As such, the long-term supply contracts with destination clauses that have been the bread and butter of the LNG market since the first major shipment from Algeria to the UK in 1964, are diversifying into shorter-term and spot deals.

The Evolution of Energy Education: Competing with Silicon Valley for 21st Century STEM Talent

Gulf Power Infrastructure: Plugging Black Holes of Inefficiency

In an industry beholden to high operational and maintenance bills, power operators understandably reel from conversations about integrating efficiency into existing and new infrastructure. But I believe that this short-termist approach at a time when the Gulf’s demand forecasts are on an upward trajectory risks two results that we unanimously want to avoid – costly mistakes and hampered supply.

A New Era of Communication Out with the Old, In with the New

We must harness today’s positive momentum between governments, industry and media to carve out a new standard of professionalism and trust across the GCC. Gatherings like the GCC Petroleum Media Forum in April this year are highly important to us, as leaders and decision-makers, to improve the true portrayal of the petroleum industry in the local and international media. Providing an accurate viewfinder into the GCC’s oil and gas sector is also key to raising awareness of the importance of our natural resources. 

The historic economic reforms and transformation in GCC countries currently underway could be interpreted erroneously and lead to unintended messages, including the idea that our countries are moving towards a major oil renunciation. We are fully aware that oil will remain central to our economies in the Gulf, in our lives as individuals and in the lives of people throughout the world. In the same vein, diligence to maintaining our position in the global oil market will not prevent us from developing renewable energy sources. 

Digital Power Plants to Revolutionize GCC Market

A Win-Win Effort: Lifting the Veil on Energy Data

It is easy to feel deeply distressed if you are an Arab these days. The Arab Spring has turned into stormy wintertime in this part of the world. States have been destabilized by uprisings that have accomplished very little good. Lives have been lost, yet dignity in the full sense of the word has not been restored. Economies have been destroyed and prosperity seems like an ever more elusive objective. 

Water Management Innovation Must Lead, Not Follow, Shale Revolution

Refineries Consider Tactics to Meet New IMO Sulfur Cap on Marine Fuels

Oil Traders Eye Middle East’s New Frontiers

Post-Graduate Education Underpins Oman’s R&D Ecosystem

A National Policy to Orchestrate Oman’s Zest for R&D