Posted inEnergy Transition

GCC producers may be better placed than oil and gas majors during energy transition

NOCs and other government-owned players could have an easier time navigating the energy transition, S&P Global Ratings says

S&P Global Ratings thinks the Middle East’s national oil companies (NOCs) and state-owned players in the energy sector are better placed than most global peers to weather the increasing and accelerating impact of the energy transition, according to a new report. “Notably, we believe regional shareholder structures, benefiting from government ownership and the expectation of […]