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Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
Letter from London: Oil’s golden triangle
The interplay between OPEC+, China and the US will define oil markets throughout 2026
The duality of US shale
A sector beset by pessimism and pain amid price weakness contrasts with data signalling production strength and resilience
Accelerating MENA’s gas transformation
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
MENA states sharpen their gas focus
The GCC countries and other states in the region are looking to make greater domestic use of gas, both that produced at home and imported volumes
Mideast states power up their gas priorities
Saudi Arabia, the UAE and Qatar are ploughing resources into gas—with a growing eye on facilitating domestic use in power and value-added sectors
Natural gas: A vital bridge for the Middle East’s energy future
With responsible development and rigorous regulation, gas can help the region move forward not just as an energy exporter, but as a global leader in the energy transition
MENA's gas metamorphosis
Across the Middle East and North Africa, gas is taking an enhanced role in helping build out economies that need to diversify away from crude oil dependence
Fear and loathing in US LNG buildout
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
Middle East doubling down on oil strength
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
Qatar US Saudi Arabia Bahrain
Henry Smith
5 February 2018
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Uneasy neighbours

Strains within the GCC and shifting external alliances will make for an unsettled year

The Gulf Cooperation Council began 2017 looking at the new US administration with hope, albeit—as in other parts of the world—with varying expectations. Obama's approach to the GCC and broader region was seen by GCC countries as misaligned with its interests. The Gulf states looked at Obama's support for Arab Spring protests; his engagement with Iran over its nuclear programme; and his administration's lack of action in Libya, Syria and Yemen as symptoms of America's dwindling interest and engagement in the region, and, at times, of policies perceived as opposed to some of the GCC states' interests. The incoming Trump administration attempted a reset by recasting American priorities in the r

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