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The GRC has participated in 21st Annual Energy Conference of the Emirates Center for Strategic Studies and Research (ECSSR)

The GRC has participated in 21st Annual Energy Conference of the Emirates Center for Strategic Studies and Research (ECSSR) which has been convened on November 24–25, 2015, at its office complex in Abu Dhabi, UAE under the title; "GCC Oil in World Energy Markets: Continuity and Change".

 

For decades, the oil produced by the Gulf Cooperation Council (GCC) countries has been a central pillar of the global energy market, providing others with a convenient and reliable source of energy, which in turn, has encouraged further economic development worldwide. This year’s conference will examine the Gulf oil industry in light of key economic, technological and geopolitical developments. It will consider ways in which the relative importance of Gulf oil may have in fact eroded; while also evaluating a number of factors that serve to underline the enduring significance of the GCC states for the world energy markets.  

The conference will comprise four panels, each featuring three individual presentations. The first panel, “GCC Oil in World Energy Markets: Present and Future,” will focus on several domestic and international factors that determine the nature and extent of GCC oil production and exports. The second panel, “Global Economic Change and GCC Oil,” will assess the impact that prominent global energy market developments have had upon global oil prices and production rates.  The third panel, “Technological Development and the Future of GCC Oil” will examine the influence that technological advancements have exerted over the supply and demand side of GCC oil. The final panel, entitled “The Impact of Geostrategic Factors on GCC Oil”, will focus on the delicate interplay between energy production and geostrategic rivalries.

 

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