- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Need to invest in alternatives
It would make strategic and environmental sense to pour more resources into the research and development of alternatives to fossil fuels. Fossil fuel-dependent industries cry foul of such suggestions, but governments poured billions into fossil fuel development (before privatizing those industries). Perhaps in a similar way, given those industries are now mature, they do not need such support, but other industries in renewable and alternatives could be created.
Dr. Hermann Scheer is a Member of the German Parliament since 1980 and was given the title “Hero for the Green Century” in 2002 by Time Magazine. He argues that the reason why many still think renewable energy cannot replace fossil and nuclear power is because those working in these industries have made efforts to propagate the notion.
