“The investment climate in Saudi Arabia has become increasingly conducive for local and foreign investors.” Abdulhakim H. Al Khalid, Chairman, Asharqia Chamber of Commerce The Oil & Gas Year Saudi Arabia 2020 charts the transformation of a key oil producer as it pursues wide-reaching plans to diversify the economy away from oil and develop new and varied economic activities. These include increasing non-oil government revenue from USD 43.5 billion to USD 266.6 billion and growing the private sector’s contribution to GDP from 40% to 65%, among other reforms. “The kingdom has seen a tremendous transformation over the last three to four years. We are seeing a positive impact of this transformation on our business.” Tareq Al Nuaim, president and CEO, Luberef As part of its Vision 2030, the government has been establishing partnerships and channelling local and foreign investment into a flurry of domestic projects, from digitisation and automation programmes to research centres, manufacturing hubs and smart cities. This fifth edition of The Oil & Gas Year Saudi Arabia series provides insight to investors and companies looking at strategic opportunities in the country, at a time when Saudi Arabia is experiencing a transformation to a more diverse and technology-driven hydrocarbons industry.

Energy is a key resource for transformational development globally. Oil and gas continue to play a key role in this sector irrespective of the gradual transition towards renewables and will continue to do so in most developing and emerging economies in the near future. The industry is complex and highly capital intensive not only with significant risk, but also with significant benefits. Such a complex but important sector is generally not well understood both in academic and policy circles. This book fills this void by serving as a comprehensive reference to the oil and gas sector, with a focus on emerging markets and developing economies (EMDEs). It offers in-depth coverage of the critical and contemporary issues in the economics of the oil and gas industry by carefully integrating the relevant theoretical underpinnings and practical policy issues across the value chain of the industry in relation to the development, fiscal arrangements, and the economic and financing aspects of the industry. These insights will significantly deepen the understanding of the industry and extend knowledge of the sector in ways that existing books do not. The book includes relevant cases and, thus, will serve as a valuable resource for students taking courses in market analysis of the oil and gas industry, energy economics, development economics and finance, environmental and resource economics, the political economy of the extractive industry, and development studies. Researchers and practitioners working in these areas will also find the book to be a useful reference guide.

Digital solutions are sufficiently versatile and agile to shape business processes and enterprise architecture, answer the COVID-19 crisis, solve climate change, temper political conflict, generate new employment operating models, and solve health issues. These solutions benefit businesses as an integral part of the economy and society and therefore must be studied further to ensure they are utilized appropriately. The Handbook of Research on Digitalization Solutions for Social and Economic Needs introduces the agile operating model that has triggered digital transformation and the plethora of ways it has become of practical use recently. The book also argues the business rationale of digitalization. Covering key topics such as innovation, sustainability, and business transformation, this major reference work is ideal for business owners, managers, computer scientists, industry professionals, researchers, scholars, academicians, librarians, policymakers, practitioners, educators, and students.

'The global oil industry is an exceptionally complex one, and its importance to governments, business and society as a whole is immense...The New Economy of Oil aims to set out the challenges and choices ahead, and it makes a fascinating read.' Business News 'John Mitchell, in this excellent book, is looking at the new elements which may influence, or indeed determine, the shape of the oil industry, the behaviour of the main actors, the forces of supply and demand, and the price path.' From the Foreword by Robert Mabro, Director, Oxford Institute for Energy Studies 'The New Economy of Oil is a superior, state-of-the-art tour of a conventional scenario about the near future of the world's oil and oil economy and polity.' Society and Natural Resources In a world where international accountability is increasingly important, the oil industry faces an unprecedented series of challenges. Mitchell's main theme is that the acceptability of oil is becoming more important than its availability. The implications are enormous, given the huge current dependence on oil of so much industry and government revenue. This book is of importance to all those involved with oil - from industry professionals to competitors, commentators, investors, managers, politicians and regulators.

This Handbook provides an in-depth analysis of the multiple ways in which oil has shaped, changed and affected international relations and global politics. Theoretically innovative, it provides new insights into the interaction between the materiality of oil and its social, economic and political manifestations.

Prime Minister Narendra Modi reiterated (Second Raisina Dialogue, New Delhi, on 17th January 2017)that the civilisational legacy of 'Realism, Co-existence, Cooperation and Partnership' moulded India's strategic vision. The above statement reflects India’s ambitious project to attain great power status, which has been a constant element in India's foreign and strategic policy since its independence. The quest for great power status is a shared belief and behaviour. Moreover, Prime Minister Modi has been continuing, at a fast pace, with the reforms initiated in 1991 by Prime Minister Narasimha Rao and pursued by his immediate predecessors. We can notice in Narendra Modi's approach of 'strategic interconnectedness' or 'multi-vectored engagement' or panchamrit a continuity that aligns perfectly with the policies of his immediate predecessors. At the dawn of independence, the non-alignment approach facilitated liberal capitalist economic development with socialist flavours on an upward trajectory. Narasimha Rao rehabilitated India into the orbit of neoliberal political and financial architecture. Modi's objective is to take India into the league of leading countries in the multipolar world order through his Multivectored Alignment. There exists a symbiotic relationship between foreign policy strategy and domestic economic growth. Modi's Make in India project, Atmanirbhar Bharat, and similar initiatives constructed on multi-vectored alignment or strategic interconnectedness have given India unprecedented visibility worldwide. This book is a collection of essays penned by a few established scholars in the field and budding scholars under the guidance of established scholars. One retired diplomat and one retired Vice -Admiral, contributed each piece, rooted in their own experiences. The attempt is to comprehensively analyse India's strategic culture, doctrine, and foreign policy behaviour.

Carbon neutral hydrogen technologies play a key role in preventing climate change. Maximizing production of hydrogen in a clean and efficient manner is critical to the hydrogen economy. This book describes most of the potential hydrogen processing technologies and presents the state-of the- art and future developments of modern hydrogen technologies. Attention has been given to the theoretical aspects, thermodynamics, process calculations, and modeling approaches, new technologies and reports of multiple successful new pilot systems. The book should appeal to a brad readership and ideal for students of materials science, chemistry, physics; for researchers, chemical- and mechanical engineering, for industrialists, policymakers, economics, safety agencies and governments.

From civilisational frontier risks associated with new challenges like disruptive technologies, to the shifting nature of great-power conflicts and subversion, the 21st century requires a new approach to statecraft. In 21st-Century Statecraft, Professor Nayef Al-Rodhan proposes five innovative statecraft concepts. He makes the case for a new method of geopolitical analysis called 'meta-geopolitics', and for 'dignity-based governance'. He shows how, in an interdependent and interconnected world, traditional thinking must move beyond zero-sum games and focus on 'multi-sum and symbiotic realist' interstate relations. This requires a new paradigm of global security premised on five dimensions of security, and a new concept of power, 'just power', which highlights the centrality of justice to state interests. These concepts enable states to balance competing interests and work towards what the author calls 'reconciliation statecraft'. Throughout, Professor Al-Rodhan brings his philosophical and neuroscientific expertise to bear, providing a practical model for conducting statecraft in a sustainable way.