Politics/Markets

DNV experts will be present at the 25th WPC Energy Congress, taking place in Riyadh from 11–15 October 2026, at booth #5450 B in Hall 5, engaging with industry leaders and sharing insights on the region’s energy transition. Ahead of the conference, DNV’s Jan Zschommler, market area manager Middle East & Africa, energy systems, shares some insights on the current energy landscape with Petroleum Economist

The case for the group’s long-term oil demand growth and investment in hydrocarbons remains strong, but the Middle East conflict has created new forms of doubt

The alliance has the battle scars from a decade of oil shocks, a pandemic, a war in Ukraine and now conflict between the US-Israel and Iran as another blow, but a flurry of deals at SPIEF underscore the enduring power of the relationship

Overall production drops further in May amid inconsistent compliance and a fragile supply outlook

The bigger the supply disruption, the bigger the move away from oil and gas use, helping keep energy prices in stasis

Surging oil prices are once again prompting governments around the world to look at ways to extract more money out of energy companies