Middle Eastern Oil Giants Accelerate Multibillion-Dollar Clean Energy Push ...Middle East

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Middle Eastern Oil Giants Accelerate Multibillion-Dollar Clean Energy Push
source : OILPRICE ( Middle East ) () 33
Several Middle Eastern states have introduced overarching national strategies with aims to diversify their energy mix to reduce their reliance on fossil fuels, as they also seek to expand their economies beyond a dependence on oil and gas revenue. This has led countries, such as the United Arab Emirates (UAE), Saudi Arabia, and Qatar, to invest heavily in the expansion of their renewable energy and cleantech industries.  Oil and gas production has provided several Middle Eastern countries with significant revenue for many decades, allowing…

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