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The United States is a major security and military partner of the GCC. Between 2000 and 2010, the diversification trends among the GCC economies helped to promote bilateral trade with the United States in areas such as crude oil and natural gas production, exploration, construction, and financial services. The long-term cyclical correlation between...

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Russia has long awaited the outcome of its accession process. The implications of accession will have both a positive and negative impact on Russia and its trade partners. The major consensus of this analysis, however, points to important long-term gains that are evident to the Russian economy and certain opportunities that accession will give trad...

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Brazil, Russia, India, China and South Africa have grouped themselves as a bloc and have met at the BRICS Summits since 2009. The Fourth Summit held in 2012 in New Delhi was perhaps the most important meeting of the bloc for 2012. The Summit came up with declarations aimed at strengthening and insulating the member countries from the global economi...

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03 Apr 2012  |  Global

Decision Support Database - Power Equipment

 

 

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06 Jan 2012  |  South Asia, Middle East & North Africa

Economic 360 for the UAE: Growth Prospects and Emerging Opportunities in the Energy Industry

The UAE's Energy Industry: Hydrocarbon Dominance to Gradually Make Way for Renewable Energy

The energy industry in the UAE is highly dependent on the hydrocarbon sector. Most of the electricity is generated using natural gas and the rest through other fossil fuels. The demand for oil and gas is envisaged to rise steadily driven by the increase in the demand for electricity during the forecast period. The government is likely to make inves...

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23 Nov 2011  |  South Asia, Middle East & North Africa

GCC Economies: Oil Dependence to Economic Diversification

 

The Gulf Co-operation Council (GCC) economies have been heavily dependent on the hydrocarbon sector, which accounts for a large part of their export earnings and government revenue. However, the GCC nations are striving to diversify and reduce the risks that stem from their economic dependence on the oil and gas sectors, which, although lucrative, ...

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18 Oct 2011  |  South Asia, Middle East & North Africa

Qatars Economic Growth Fuelled by Liquefied Natural Gas

 

The expansion of LNG trains in 2011 by the major LNG producers in Qatar (Ras Gas and Qatar gas) has increased the production and export capacity of LNG. Increase in the world's demand for LNG and various long term contracts signed by the country to supply LNG are expected to drive the economic growth of Qatar in 2011 and beyond. Investments have be...

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China is one of the fastest growing economies, expanding at 10.0 annually. China has adopted a sustainable economic growth model resulting in a burgeoning energy industry. Energy consumption is dominated by thermal sources such as oil and coal. However, there is likely to be a shift to new and renewable energies such as solar, hydro and wind energy...

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Russia shows immense promise in the development of the energy industry. The Russian economy is on a rebound from the latest global crisis. The various reforms launched by the Government aim at improving business climate, regulations and strengthening cooperation with developed countries to diversify and modernize petroleum based production. Russia ...

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South Africa is a democratic republic with a stable political system. The economic environment is forecast to remain stable, with policy focus on employment creation through growth and stability. Energy consumption is steadily increasing with economic development. Demand and supply of energy is dominated by coal, as it is an abundant natural resour...

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