SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • Digital Transformation in the Oil and Gas Industry: Hype or Hope?

    However, current global greenhouse gas (GHG) targets and today’s definition of clean energy highlights the opportunity for emissions management and creates an economic incentive for producers and consumers to decarbonize, each playing a critical role in the energy transition.

  • Digital Transformation in the Oil and Gas Industry: Hype or Hope?

    However, current global greenhouse gas (GHG) targets and today’s definition of clean energy highlights the opportunity for emissions management and creates an economic incentive for producers and consumers to decarbonize, each playing a critical role in the energy transition.

  • Investment Challenges Affecting the Oil and Gas Industry

    The unprecedented crisis generated by the COVID-19 pandemic has affected the investment in the oil and gas sector, which was already suffering from low investment levels, among other reasons due to the climate change misconceptions. This report analyzes the main challenges negatively impacting investments in the sector, focusing on the four most important problems: price volatility, uncertainties due to significantly diverging long-term forecasts, increasing climate change concerns, and the lack of regulation on environmental and social, and governance.

  • Oil and gas discoveries boost Algeria as Europe shuns Russia

    Algeria’s state-owned oil company Sonatrach has announced three major oil and gas discoveries in the Sahara desert. Since the outbreak of the war in Ukraine, and the need for Europe to end its energy dependency on Russia, Algeria has been intensively drilling to increase its production of oil and gas.

  • Ukraine war rekindles Europe’s demand for African oil and gas

    Energy firms are considering projects worth a total of $100 billion on the continent, according to Reuters calculations based on public and private company estimates. African countries that currently have little or no oil and gas output could see billions in energy investments in the coming years, including Namibia, South Africa, Uganda, Kenya, Mozambique and Tanzania.

  • Evolving Chinese Demand for Gulf Oil and Gas

    China nevertheless currently remains a central market for Saudi, Iraqi, Omani, Emirati, and Kuwaiti crude oil exports as well as Qatari liquefied natural gas exports. Indeed, the overall volume of Chinese imports from Middle East suppliers increased 10% year-on-year for the period covering the first five months of 2022, according to MEES. Outsized Chinese influence as an oil and gas importer, however, is not evenly distributed across the region. Dynamic and uneven Chinese demand for hydrocarbon commodities produces varying and distinct geoeconomic implications for Gulf Arab countries.

  • Evolving Chinese Demand for Gulf Oil and Gas

    China nevertheless currently remains a central market for Saudi, Iraqi, Omani, Emirati, and Kuwaiti crude oil exports as well as Qatari liquefied natural gas exports. Indeed, the overall volume of Chinese imports from Middle East suppliers increased 10% year-on-year for the period covering the first five months of 2022, according to MEES. Outsized Chinese influence as an oil and gas importer, however, is not evenly distributed across the region. Dynamic and uneven Chinese demand for hydrocarbon commodities produces varying and distinct geoeconomic implications for Gulf Arab countries.

  • Interior Department to resume oil and gas leasing, charge higher fees

    The department said it plans to open roughly 144,000 acres up for lease next week and will charge oil and gas companies higher royalties to drill on federal land, raising the fees for the first time. Under the plans unveiled Friday, royalty rates would increase to 18.75 percent from 12.5 percent for oil and gas lease sales.

  • Saudi Aramco increases oil, gas, and hydrogen investments

    Aramco said it will raise its crude oil “maximum sustainable capacity” to 13 million barrels a day by 2027, up from 10 million in February.

  • The truth about gas prices and oil production

    Every $10 increase in the price of crude oil adds about 24 cents to the cost of each gallon of gasoline and is quickly reflected in what you pay at the pump. It’s not an example of price gouging. Still, the price of gasoline is nearing — or may exceed — previous inflation-adjusted highs reached in 1918, 1981 and 2008.