Geopolitical noise in the Middle East's energy market is at fever pitch(see’Political pressure points’box).Oil and gas companies must close their ears.Surviving the biggest change in the region's energy market in more than seven decades-the transition to a lower carbon world-is enough of a challenge.Success means having affordable energy security while hitting stakeholder and environmental targets(see’Environmental incentives’box).Having crafted the world's leading petro-economies,terms like’peak oil’and’chronic power shortages’have recently spurred efforts to embrace Energy 2.0,an energy efficient blend of fossil fuels and renewables.Plus,the Middle East doesn't want to be the political black sheep of the Paris Agreement.
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