Who would have thought a little over a year ago on that doomed day in April when WTI went into negative territory, as the pandemic shut down economies and travel alike, that Brent would surpass $75 per barrel? It did so last week.
June 29, 2021
In asset management, size matters because it gives materiality and buying power.
Under Vision 2030, which aims to wean Saudi Arabia off its dependency on oil, the Kingdom is keen to establish national champions. The quest for efficiency straddles all aspects of the economy.
June 22, 2021
The nexus between power demand and climate change is undeniable.
There is a broad global alignment that global warming has to be limited to 1.5 C, and most countries and many big corporations are striving to achieve carbon neutrality by 2050 at the latest.
June 18, 2021
The leaders of the world’s richest industrialized nations are holding their first face-to-face G7 summit in well over a year. The enthusiasm is great as multilateralism seems to be back on the agenda.
June 12, 2021
Nothing unites enemies more than a common foe. The US Senate proved that when it overwhelmingly passed a bill aimed to bolster technological and industrial capacity in the technology and innovation space by 68-32 votes. The sum allotted comes in just shy of a quarter of a trillion dollars.
June 09, 2021
If there has ever been an appetite for Gulf Cooperation Council (GCC) bond offerings it is now, and it makes perfect sense: The pipeline of sovereign and sovereign-affiliated entities and corporates who want to issue bonds during the second half of 2021 is long.
June 08, 2021
Last week highlighted that life is becoming ever more difficult for international oil companies.
June 01, 2021