Oil prices fell significantly during the fourth quarter of 2014 and currently stand at less than $50/barrel, compared to over $100/barrel during August 2014.
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Bahrain Center for International, Strategic and Energy Studies (DERASAT)’s Chairman, Dr. Mohammad Abdulghafar, today received the French Ambassador to Bahrain Bernard Regnauld Fabre.
Our region is considered one of the best in terms of solar irradiation and its annual frequency, which renders the GCC countries capable of producing large amounts of solar energy, as well as being a leader in the area.
During these times of uncertainty and faltering alliances, the Gulf Cooperation Council (GCC) has been left in a conundrum. The perceived diminishing role of the US in the region has raised a few eyebrows with the GCC contemplating new partnerships to help secure its own safety.
The Konrad Adenauer Stiftung (KAS) organized a conference in the Kempinski Dead Sea Resort in Jordan entitled, Between Europe and the Gulf: Reconsidering Strategic Interest in the Middle East between the dates of December 15-17, 2013. The participant list included various reputable European and Middle Eastern research and academic institutions. The three-day event covered a wide variety of developments in the Middle East.
Advisor to His Majesty the King for Diplomatic Affairs and Board of Trustees Chairman of Bahrain Centre for Strategic and International Studies and Energy (DERASAT) Dr. Mohammed Abdul Ghaffar received today Managing Director for the Middle East and Southern Neighbourhood at the European External Action Service (EEAS) Hugues Mingarelli.