Colors: Green Color

As the short-term economic fallout of the global COVID-19 pandemic becomes increasingly visible, recent research by Boston Consulting Group (BCG) suggests that the crisis may have a significant long-term impact on global energy markets. Most notably, it may have caused demand for fossil fuels to reach its peak last year. BCG’s article, titled Have We Passed Peak Demand for Fossil Fuels? explores energy scenarios through 2030.

The Sharjah Government has announced the resumption of the second phase of its recovery efforts, activating different sectors and activities by 50 per cent in the emirate. The move is in line with the directives issued by the Sharjah Executive Council and its orders to implement preventive measures designed to help curb the spread of coronavirus (COVID-19).