Renewable energy here to stay – and grow

Renewable energy here to stay – and grow

The twin economic shocks triggered by low oil prices and COVID-19 containment measures will have a disruptive impact on renewable energy in 2020 and 2021. Further down the line, however, it will galvanise sector growth, as investors increasingly seek to diversify away from risky portfolios. Prospects will improve further if governments maintain their commitments to sustainable energy and improve their investment climates.  

China’s role in Middle East oil and gas

China’s role in Middle East oil and gas

The specter of Chinese geopolitical power rising in the Middle East has raised concerns in the West that as the power and influence of the US – and to some extent its European partners – wanes, China will exercise more influence and control over the oil and gas sectors of the region. Undoubtedly, China’s rise as an economic superpower has earned it a place at the regional table. However, as far as oil and gas is concerned the system of control exercised by Middle East governments is not about to change, while China’s involvement in the region continues to be driven by energy security concerns – not hegemonic ambition.

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