Oman Strengthens Oil Sector, Scales Hydrogen Production Targets

Oman is strategically reinforcing its oil and gas sector while simultaneously accelerating clean energy initiatives, aiming to secure long-term energy leadership by 2030. Petroleum remains a vital part of Oman's economy, with China as the dominant export market, but the country is also investing heavily in hydrogen production to become the Middle East's largest hydrogen exporter, leveraging solar and wind resources. In the UAE, leadership highlighted their pioneering clean energy and sustainability policies, such as the UAE Energy Strategy 2050 and National Hydrogen Strategy 2050, positioning the country as a global hub for sustainable aviation fuel and climate neutrality by 2050. Saudi Arabia is undergoing a significant transformation under Vision 2030, aiming to diversify its economy through investments in tourism, renewable power, and modernized water infrastructure, while promoting sustainability and governance transparency. Aramco's focus on collaboration and technology, including carbon capture and AI-driven efficiency, underscores the region's commitment to sustainable development and water stewardship, evident in initiatives reducing freshwater consumption. These developments reflect a regional dual-track approach to balancing traditional hydrocarbons with ambitious clean energy transitions to meet growing global demand for sustainable fuels and climate resilience.