Carbon Targets Deter Middle East Power Project Developers
Middle East power project developers face challenges in reducing carbon emissions in thermal power plants without carbon capture and storage. This is due to the extensive infrastructure built by the power sector over the years, said fellow Jim Krane.
Gulf States and the De-dollarisation Trend
The risk of being sanctioned has pushed a growing list of countries away from the dollar. “Setting up a non-dollar trade relationship acts as insurance against U.S. sanctions,” fellow Jim Krane explained.
Fact Check: Trump Boasts About a Massive Oil Purchase That Never Happened
“There’s months of supply in there still; it’s not empty, it’s not even close to being empty,” said fellow Jim Krane of the U.S. strategic petroleum reserve. “There’s a lot more oil in there than Pres. Trump is letting on,” he told CNN Politics.
Will Saudi Arabia Ever Make Good on its Solar Ambitions?
Saudi Arabia's Vision 2030 could steer the kingdom toward a sustainable future. Will the long-awaited domestic energy transformation finally happen? "There have been a lot of false starts and a lot of pipe dreams," fellow Jim Krane told Energy Monitor.
Putin and Saudi Crown Prince Mohammed bin Salman 'Satisfied' With Oil Cuts
"Saudi Arabia doesn't want to be losing market share in the big growth markets of Asia and trading them for stagnant to declining European markets," Center for Energy Studies fellow Jim Krane told Middle East Eye.