Energy, Oil & Gas

Gulf oil output can rebound quickly after Hormuz reopens: Goldman Sachs

Oil production across the Gulf, sharply curtailed by the Iran conflict, is expected to stage a strong recovery within months once the Strait of Hormuz fully reopens, according to Goldman Sachs, offering a measure of optimism for regional energy markets....

Energy, Oil & Gas

GCC countries boost global position in energy sector, says report

The Gulf countries continue to consolidate their position as one of the most influential hubs in global energy markets, (with 32.7% of global oil reserves and 21.2% gas reserves) supported by a broad base of natural resources, advanced infrastructure and accumulated expertise, said a report....

Energy, Oil & Gas

Gulf region primed to unlock massive green energy gains: EU Commission

Ditte Jørgensen, EU energy director-general, said at the World Future Energy Summit that expanded EU funding, a strong legal framework and growing opportunities for collaboration with GCC countries make an ambitious trade and investment framework essential for both....