Overhauls that make markets more competitive and open have largely stalled over the last half-decade, while a new focus on industrial policy makes it more important to tame the activities of lobbyists, the OECD said.
European energy giants Shell, BP and TotalEnergies have signed deals to invest in Abu Dhabi’s Ruwais liquefied natural-gas project, set to boost the Gulf nation’s export capacity significantly as it pushes into global LNG markets.
