Reflections on the Gulf
Based on personal memories, Gerald Butt evokes the atmosphere in the Gulf at the dawn of the oil boom era
The stench of oil in the air is one of the things I remember most vividly from my childhood. At the height of summer in Bahrain the discharge from the Sitra refinery seemed to hang like droplets in the intense humidity. The sour stench wouldn't go away—at home in Manama, in the car on the way to school, anywhere. Bahrain in the late-1950s was the hub of the Gulf oil industry, as it was for regional diplomacy, trade and finance. So while my father was manager of the British Bank of the Middle East (BBME) in Bahrain, he was in charge of all the branches in the Gulf. The Gulf in those days was emerging from the shadow of Britain's imperial past. Having been administered from British India, the
Also in this section
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
14 January 2026
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
14 January 2026
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
13 January 2026
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply






