Energy Sector Highlights
Energy & Utilities Sector Analysis
Kuwait is largely reliant on oil for exports, government revenue and GDP contribution. The country is therefore particularly sensitive to fluctuating global hydrocarbons prices and the long-term...
Energy & Mining Sector Analysis
As the country returns to robust economic growth and its population expands, electricity demand is set to rise. At the same time, new offshore discoveries promise a brighter future for the hydrocarbons sector, while the renewables segment will be instrumental in helping Côte d’Ivoire achieve its clean energy goals and improve access in remote areas.
Special Reports on the Energy Sector
In the aftermath of the Covid-19 pandemic and on the back of high global energy prices, Trinidad & Tobago is set to grow over 50% faster than the global average for 2022.
The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations.
Indonesia’s environmental, social and governance (ESG) and UN Sustainable Development Goal (SDG) priorities centre on the affordable transition to renewable energy, socio-economic growth beyond Jakarta, and improved governance in both the public and private sector.
Report: Is Trinidad and Tobago prepared for its green energy transition?
Report: What is the post-Covid-19 outlook for GCC chemicals and petrochemicals?
ESG: Indonesia’s role in ASEAN’s energy transition
Energy Sector AnalysesThe Report: Overview
Kuwait is largely reliant on oil for exports, government revenue and GDP contribution. The country is therefore particularly sensitive to fluctuating global hydrocarbons prices and the long-term financial risks associated with the global shift towards lower-carbon sources of energy. Transitioning towards a more diversified and sustainable energy mix is an ongoing challenge for the country, as for much of the region, in light of the industry’s long-standing history and key contributions to the economy.
The Report: Interview
As part of KPC’s 2040 strategic plan we aim to increase the production of oil to 4m barrels per day (bpd) and gas capacity to 4bn standard cu feet per day (scfd) by 2040. Achieving and sustaining these targets will be largely dependent on implementing a substantial capital investment programme to cover our upstream, midstream and downstream...
The Report: Analysis
To address one of the highest rates of per capita energy consumption globally, the government of Kuwait is taking a multi-pronged approach involving the reduction of subsidies following the rollout of incentives for green energy solutions and national energy efficiency initiatives in 2016-17.
The Report: Analysis
As hydrocarbons producers reap sustained revenue from high global prices, national oil companies (NOCs) in the Gulf are accelerating investment in carbon capture, utilisation and storage (CCUS); hydrogen; and cleaner sources of energy to make their activities less carbon-intensive and support the energy transition.
The Report: Analysis
After opening 2022 at around $78 per barrel, Brent crude prices rose sharply over the next few months to surpass $127 on March 8 – the highest price in 14 years, driven in part by Russia’s invasion of Ukraine. Prices remained elevated throughout much of the year, although they had returned to early January levels by early December amid growing fears of a global recession and weakening demand. The US Energy Information Administration estimated that month that the average Brent crude price for the year would...
In this Growth & Recovery video, powered by technical solutions provider and engineering firm JESA, we explore opportunities to leverage investment and expertise to develop critical power infrastructure in sub-Saharan Africa.
Energy in Emerging MarketsEconomic Update
The energy transition continued apace in 2022 despite Russia’s invasion of Ukraine, ongoing disruptions to global supply chains and inflationary pressures – all of which translated into high energy prices around the globe.
Among the sustainability challenges facing the global petrochemicals industry is the difficulty measuring Scope 3 carbon emissions along the supply chain. This challenge is particularly pressing for petrochemicals trading companies who must engage with a range of external stakeholders while making strategic decisions on the future of their shipping fleets and the optimisation of trade routes.
Countries around the world are turning to biogas and biomethane to enhance their energy and food security and jump-start their circular economies.
As the capacity to generate wind and solar power continues to expand around the world, hopes of accelerating the phase-out of coal as the leading source of electricity may depend on the expansion of a less discussed but equally important part of the energy supply chain: electricity grids.
With fossil fuels still powering roughly 99% of global shipping, the sector is seeking to reduce emissions through cleaner fuel sources – including methanol, ammonia and wind – that could soon see increased use.