The Shock of Energy Transition

About the Book

We now are witnessing the dawn of an energy era where natural gas and renewable sources are fast substituting for crude oil, once dubbed “Black Gold”. From now on Black Gold is only as precious as coal. This paradigm shift is sure to relegate some countries that rely mostly on the sale of primary fossil fuels to abject poverty, while knowledge based economies grope their way to prosperity. The shock of this energy transition threatens to have devastating repercussions on the Middle East and Africa.

About the Author

Fouad holds a Bachelor of Science degree in Industrial Technology from Tennessee Technological University, USA and a Master Degree in Engineering Management from The University of Technology, Sydney, in Australia. Fouad has spent the last twenty four years working for major petrochemical companies in the Gulf Cooperation Council countries with an added exposure to the Australian and Far Eastern petrochemical industrial sectors. Fouad is a frequent guest lecturer on the subject of responsible exploitation of oil and gas derivatives at several academic institutions throughout the Middle East.