Achieving ‘green growth’ appears to be an increasingly important priority for governments in the GCC; Oxford Economics said and noted the bloc has the financial means to accelerate its energy transition.
Qatar’s merchandise trade balance has been estimated to rise to $55bn by 2025 from $42.2bn this year, according to researcher FocusEconomics.
QatarEnergy is utilising “sophisticated carbon sequestration methods” to capture and sequester 9mn tonnes of carbon dioxide a year by the end of the decade, said HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi.
TotalEnergies is interested in participating in the multi-billion-dollar North Field expansion, said Matthieu Bouyer, managing director, TotalEnergies EP Qatar and TotalEnergies Country chair in Qatar.
Natural gas will continue to play a key role as a transition fuel as the world moves towards cleaner energy such as renewables, says Matthieu Bouyer, managing director, TotalEnergies EP Qatar and TotalEnergies country chair in Qatar.
Qatar’s large state footprint in the economy helped local banks navigate (pandemic-induced) stress with a minimal impact, with further positive momentum expected from the 2022 World Cup, S&P Global Ratings has said in a report.
The global aviation is aiming to achieve net-zero carbon emissions by 2050, but for an industry that is still heavily reliant on fossil fuels, it is undoubtedly a colossal task.
The GCC recovery built momentum in the third quarter (Q3), thanks to vaccine progress, easing of health restrictions, and higher oil output, Oxford Economics said in a report.
There is no more data