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A new energy order in the UAE and Saudi Arabia
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
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The Middle East is focusing on modernisation and expansion projects, while Africa is seeking to reduce its imports of refined products
MENA NOCs secure influence in low-carbon future
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
Letter from Abu Dhabi: AI and the new energy guzzlers
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IOCs undeterred by Middle East conflict
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OPEC+ unity critical for oil industry
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UAE GCC Saudi Aramco
Michelle Meineke
15 November 2018
Follow @PetroleumEcon
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UAE aims to become oasis of stability in the Middle East

The UAE’s energy plans are well-braced to help sustain investor confidence in the face of political and economic winds

Well before its 50th birthday on 2 December, the UAE is taking its place alongside the upper echelons of power on the global energy stage. Harnessing and leveraging investors' confidence is key to sustaining this pace. This means the UAE's energy ambitions must cope with some unwelcome issues: fractious regional politics and whispers of financial discomfort. Each month that diplomatic ties remain frozen between Saudi Arabia, UAE, Bahrain and Egypt—the 'Arab quartet'—on the one side, and Qatar on the other, the tighter investors' due diligence gets. This increasingly powerful microscope will inevitably restrict some funds. This trend is unlikely to reverse without political softening. The UAE

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