Energy has long been intimately tied to global geopolitics, power and foreign policies. The rapid pace of change in the energy sector is creating new sources of uncertainty and risk that require careful study and understanding.
Today, Qatar is among the world’s wealthiest countries. Its rich hydrocarbon resources have transformed this small Gulf state into an energy powerhouse, funded its outsized global ambitions, and allowed it to forge an identity separate from those of its large and powerful neighbors.
Purchase BookNational oil companies (NOCs) produce about half of the world’s oil and own the bulk of oil and gas reserves. They are also large issuers of bonds held by international financial institutions. Their ESG risks should be a matter of great concern.