In the last 20 years, demand for oil and natural gas in Turkey has increased exponentially, and the country has developed into a significant consumer within the energy markets; however, the demand conditions coupled with insufficient natural resources have spiked Turkey’s energy import bill to alarming levels. The International Energy Agency (IEA) anticipates Turkey’s energy […]
When I think of Dubai, I think of oil and seven-star hotels. Of course I should know better than to pigeonhole the modern emirate state; which contrary to popular belief, counts less than 30% of its GDP from oil revenues. Today Dubai, both a city and emirate within the United Arab Emirates (UAE), is viewed […]