Free from the constraints of the credit crunch, Middle East oil firms and wealth funds are in a great position to swoop on assets outside the region.
COMMENT
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Nuclear’s second wind
Nuclear power may yet shake off the tainted image that it gained 20 years ago as a result of the high-profile Chernobyl disaster.
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Pure purchasing power
Overall merger and acquistion levels in the oil and gas industry held up throughout 2007, despite the impact of the credit crunch.
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Unsustainable water apathy
Experts have predicted that one-third of the world’s population will live in areas of severe water shortage by 2025.
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Cartel to cash in?
The?Middle East has become the jackup rig capital of the world, according to?new research, but?this hasn’t always been the case.
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Downstream boost
With crude oil export figures up, it’s easy to see why the energy tanker business is a good one to be in right now.
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Storm clouds gathering
Planners need to bear the warnings of climate change in mind when designing future urban development projects.
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Strength through unity
The growing ties between GCC member countries?should be?strengthened by using international benchmarking.