Middle East & North Africa
Making it add up: why fossil fuels play a vital role in energy addition
Global energy demand is increasing faster than ever. According to the International Energy Agency (IEA), demand grew more in 2024 than the average rate for the past 10 years.(1) This demand growth was across all types of energy, including renewables, fossil fuels, and nuclear.
The needs will only continue to grow in the years ahead. Demand for electricity will double by 2050, says the IEA, driven by electrification across industries, China’s energy transition, and the growing need to power the..
UAE Oil Giant Leans on US Expertise for ‘Promising’ Shale Pivot
The United Arab Emirates, long one of OPEC’s key oil producers, is pivoting to US-tested fracking techniques to tap its “very promising” unconventional gas resources, with the intention of ramping up output amid forecasts for surging demand.
