Stretching over a century, the Middle East?s oil industry has successfully crested many a turbulent wave; oil price shocks, challenging and maturing oil fields and security issues, to
name a few. Now the global transformation towards low carbon growth sees the region ?home to a third of the world?s oil producers ? entering an entirely new chapter.
The green revolution is well underway with renewable projects, energy efficiency program and subsidy cuts being implemented across the Gulf and the wider Middle East. The age-old debate between environmentalists and the head honchos in the oil world that ?going
green? is not financially savvy is dying.