Future of Global Oil Markets The New Oil Market Multiverse: Physical Commodity Swaps as Instruments for Circumventing Sanctions and Their Implications for the Global Economy Majed A. Al Suwailem, David Soud From the global pandemic to the aftershocks of the COVID-19 pandemic and the war in Ukraine, the past few years have witnessed a reordering of global trade flows, most dramatically in the energy sector. Less obviously, these shifts have also… Al Suwailem, Majed A. David Soud
Regional Energy Markets Geothermal – Saudi Arabia’s Next Energy Vector? Majed A. Al Suwailem, Mohammad Aldubyan, Osamah Al-Momen For decades, Saudi Arabia’s power sector has heavily relied on hydrocarbons for electricity generation. Their abundant supply, affordability, and differential performance have made them a top choice. A significant portion of this electricity provides power for air conditioning systems and… Al Suwailem, Majed A. Aldubyan, Mohammad Osamah Al-Momen
Future of Global Oil Markets Is the Shale Oil Rush Over? Majed A. Al Suwailem, Colin Ward, Jennifer Considine, Julio Arboleda, Hamid M. Al Sadoon The California Gold Rush was a time of exuberance and technological development in the mining sector and exhibits significant parallels with shale development that are worth exploring. The easy wins of the pioneers gave way to larger organizations with better… Al Suwailem, Majed A. Ward, Colin Considine, Jennifer Arboleda, Julio Al Sadoon, Hamid M.
Future of Global Oil Markets Reconsidering Inventories: An International Strategy for Strategic Storage Assets Jennifer Considine, Philipp Galkin, Majed A. Al Suwailem, Abdullah Aldayel The purpose of this report is to recommend an interconnected regional and international strategy to share the burden of developing and maintaining commercial and strategic storage infrastructure for Saudi crude oil and products through an alliance with the Gulf Cooperation… Considine, Jennifer Galkin, Philipp Al Suwailem, Majed A. Aldayel, Abdullah
Future of Global Oil Markets Gaming Out the Proposed Price Cap on Russian Oil Colin Ward, Emre Hatipoglu, Majed A. Al Suwailem In a June 29, 2022, communique, the G7 countries agreed to explore ways to impose a price cap on Russian oil exports. The main mechanism would be a ban on the provision of insurance, logistics and financial services by G7 nations for… Ward, Colin Hatipoglu, Emre Al Suwailem, Majed A.
Future of Transport and Fuel Demand How Long Will the Semiconductor Crisis Affect the Traditional Automotive Sector? Implications for car fuel demand Rubal Dua, Hamid M. Al Sadoon, Majed A. Al Suwailem The 2020 semiconductor crisis has hit the automotive sector, as well as many other sectors. As a consequence of the COVID-19-induced shock, a worldwide semiconductor supply-demand imbalance arose between 2020 and 2022. Demand grew by around 17% annually while manufacturing… Dua, Rubal Al Sadoon, Hamid M. Al Suwailem, Majed A.
Integrated Oil Companies and the Quest for Energy Transition Majed A. Al Suwailem Integrated oil and gas (O&G) companies operate vertically integrated businesses that span the O&G value chain. In this way, they can leverage expertise across multiple domains rather than just focusing on exploration and production (E&P). Examples of such companies include… Al Suwailem, Majed A.
Climate Change Policies and Governance Digital Transformation in the Oil and Gas Industry: Hype or Hope? Majed A. Al Suwailem, Abdelghani Henni For decades, the oil and gas (O&G) industry has provided the globe with the best value proposition in the form of reliable, affordable, and safe energy supplies. As global population projections soar, demand for all forms of energy is also set to rise,… Al Suwailem, Majed A. Abdelghani Henni
Reframing of Global Strategies and Regional Cooperation Pathways for an Inclusive Net-Zero Strategy in the Energy Transition Framework Dongmei Chen, Julio Arboleda, Jitendra Roychoudhury, Majed A. Al Suwailem
Contextualizing Uncontrolled Oil Trade Flows: A Novel Categorization Science Direct Majed A. Al Suwailem, Emre Hatipoglu, Saleh Al Muhanna, Abdelrahman Muhsen
Future of Global Oil Markets Integrated Oil Companies and the Requiem for a Transition: How Are They Coping with Climate Change? Majed A. Al Suwailem, Bertrand Rioux Integrated oil and gas (O&G) companies operate vertically integrated businesses that span the O&G value chain. In this way, they can leverage expertise across multiple domains rather than just focusing on exploration and production (E&P). Examples of such companies include… Al Suwailem, Majed A. Rioux, Bertrand
How Do Bankruptcies in the Shale Sector Induce Operators to Focus on Value Creation? Majed A. Al Suwailem Between January 2015 and early 2021, about 76 of the approximately 2,160 small-to-medium independent companies in the tight oil sector filed for Chapter 11 protection. These filings mostly occurred in 2016 and 2019. These companies were negatively impacted by the… Al Suwailem, Majed A.
Future of Global Oil Markets Implications of the 2021 Iran-China Deal for the Oil Market Emre Hatipoglu, Majed A. Al Suwailem In late March 2021, China and Iran signed a cooperation pact to stimulate investments in Iran’s oil, gas and petrochemical infrastructure. We refer to this pact as the ‘Iran-China deal’ throughout this manuscript. This deal attracted substantial attention for its… Hatipoglu, Emre Al Suwailem, Majed A.
The Road to Zero Routine Gas Flaring: A Case Study from Saudi Arabia Majed A. Al Suwailem Gas is envisaged as the fuel of choice in the power sector and is ideal for helping to transition toward clean, sustainable, and affordable energy access. As vital as gas is for electricity generation, the petrochemical industry, the transportation sector,… Al Suwailem, Majed A.
Future of Global Oil Markets Are Bankruptcies Healthy For The Tight Oil Sector? Majed A. Al Suwailem, Malik Selemankhel Between January 2015 and mid-2020, about 69 of the approximately 2,160 small-to-medium independent oil companies operating in the tight oil sector filed for Chapter 11 protection. These filings mostly occurred in 2016 and 2019. A lack of financial discipline and… Al Suwailem, Majed A. Selemankhel, Malik
World’s First Blue Ammonia Shipment Signals Prospective New Low-Carbon Energy Trade for Saudi Arabia Rami Shabaneh, Majed A. Al Suwailem, Jitendra Roychoudhury On September 27, 2020, Saudi Aramco successfully exported the world’s first shipment of carbon-neutral ammonia to Japan, helping to fuel the nascent Japanese hydrogen economy. This pilot shipment of 40 tonnes is an important realization of the hydrogen economy for… Shabaneh, Rami Al Suwailem, Majed A. Roychoudhury, Jitendra
Future of Natural Gas Markets Natural Gas Utilization in GCC Countries Majed A. Al Suwailem, Abdullah Aldayel Between 2009 and 2019, marketed gas production by Gulf Cooperation Council (GCC) members has grown at an average rate of 4.8% per annum, from 265 billion standard cubic meters in 2009 to 422 billion standard cubic meters (Bscm) in 2019.… Al Suwailem, Majed A. Aldayel, Abdullah
Saudi Arabia’s Gas Flaring Mitigation Experience Majed A. Al Suwailem Gas is envisaged as the fuel of choice in the power sector and is the ideal fuel to help transition toward clean, sustainable, and affordable energy access. As vital as gas is for electricity generation, the petrochemical industry, the transportation… Al Suwailem, Majed A.
Crude Oil Reserves Metrics of GCC Members Majed A. Al Suwailem, Abdullah Aldayel As of December 2018, the Gulf Cooperation Council (GCC) countries had combined proven reserves of 497 billion barrels of crude oil. This represents approximately 34% of the world’s estimated proven crude reserves. Al Suwailem, Majed A. Aldayel, Abdullah
The Prospect of Unconventional Gas Development in Saudi Arabia Rami Shabaneh, Majed A. Al Suwailem In February 2020, Saudi Aramco announced that it obtained regulatory approval to develop the Jafurah Basin, Saudi Arabia’s largest unconventional natural gas field (Figure 1). Situated east of the giant Ghawar oilfield, it contains 200 trillion cubic feet (tcf) of… Shabaneh, Rami Al Suwailem, Majed A.
