When I first came to the
#UK
in 1998, as a student with English as 3rd language, little did I know that several years later I’d feature among the business leaders of this country. Hard work, perseverance & ambition do pay off in a meritocratic system. The path is not smooth but
My grandmother was illiterate, worked as cleaner from age of 9. Mum left school at 16 to dedicate her life to her family. I got my PhD at age of 26 & my work has been recognised internationally. Those two magnificent ladies have been my true inspiration.
Delighted to announce that I was elected Vice President of the prestigious Arab Energy Club for a transitional period after which I become its President in Dec 2024.
The Club brings together senior
#Arab
#energy
professionals, executives & decision makers residing both in
#MENA
Great to be in (very windy)
#Malta
. I am about to deliver the opening speech on
#Europe
’s
#energy
outlook and security of supply at the InterAction Council
After 3 yrs on the run,
#covid
finally caught me. What shocked me the most was my sister in law’s reaction when I told her- she was so ecstatic 😳. I then realised she thought that was a pregnancy test (Ps: for the non Lebanese, Mille Mabrouk = 1000 congratulations!)
Pleased to announce that I’ve become Ambassador for the prestigious Commodity Trading Club - the world’s largest community of
#trading
,
#shipping
&
#finance
professionals. With its headquarters in🇨🇭the club has widened its reach to all key
#commodities
hubs in the world
After a hectic period of travel and meetings in busy cities, it is time to head to the forest, replenish the mind and rejuvenate the lungs. Have a nice weekend
Pleased to announce that I’ll b teaching the extensive module
#Mineral
&
#Petroleum
#Taxation
at
@CEPMLP
. Fascinating & controversial. The design of the
#fiscal
regime is critically important, bearing in mind that the perfect system has yet to be invented. What is a fair
#tax
??
Honoured to be the Guest Speaker at this year’s
#graduation
ceremony
@UniOfSurrey
@economicssurrey
. Took me back years ago when I was sitting among graduates with my heart racing as my name was called to collect my certificate under the proud sight of my parents. Congratulations!
The highlight of my short trip to
#Dubai
: seeing friends & colleagues from Access for
#women
in
#energy
@AccessWIE
as we plan for our next event in the region. Stay tuned!
My lecture on
#taxation
of extractive industry will begin shortly. I have been teaching at this world class ‘Executive Course on
#oil
,
#gas
and
#mining
#governance
’ at Oxford University
@BlavatnikSchool
for years and its popularity and relevance have only strengthened throughout
I was advised to use neutral expressions such as Happy Holidays. But Christmas is about loving, giving and forgiving which go beyond any religion or belief. For that, I will leave political correctness for another time and now wish everyone a very Merry Christmas!
AMAZING pictures from
#Baalbek
festivals in
#Lebanon
. Hard to imagine this is happening in a country facing a crippling economic crisis. If you have never been, you should definitely consider visiting 🇱🇧
Me &
@UniOfSurrey
: 1998: student
- 2023: teacher. Only the bridge changed 😉 This week I covered
#economics
of
#energytransition
,
#energy
#policy
to my dynamic postgraduate students. 3 more sessions to go before another year of teaching ends & we start preparing for next one
I find such analysis pretty irritating building false hope on incomplete assessment! How do u deal with intermittency? Where is back up cost in case sun not shining?… above all, such patch work suggestions miss on the fundamental problem: where is the
#energy
policy??
#lebanon
For parents, seeing their child graduate is a very emotional moment - no matter the age. Today I experienced the feeling. Here is mummy putting the final touch on her precious one ahead of her ‘graduation’ ceremony
Delighted to be appointed Global Chair of G100
#Energy
& Power which includes top 100
#women
leaders in specific sectors. Vision: To support just
#energytransition
, eradicate energy
#poverty
& promote equal opportunities for women in energy/ power for a sustainable energy future
Ending the year on a VERY high note! Thrilled to receive the award of CEO of the YEAR 2021 in the U.K.
@CrystolEnergy
will carry on doing its best to challenge stale views, present the whole picture & be ready with the new angles on all key
#energy
issues. Happy New Year!
IFI is pleased to welcome Dr.
@carole_nakhle
as an Associate Fellow. She is joining as an expert on economics, energy, investment, taxation, governance, & geopolitics.
We invite you to visit the IFI Fellows page to learn more about our new fellow.
🔗
At Global
#Energy
Week in
#London
, where I discussed investment gap & role of
#government
#policy
. Investment is dictated by rate of return which in turn is determined by several variables incl price but also gov policy,
#taxation
&
#regulations
which stand between investors’
This morning, I received a message from one of my students. It brought tears to my eyes 🥲. Thank you! People often ask me why I continue
#teaching
despite my busy schedule. This is exactly why. And I have no intention to stop!
This has been my working station for the last 3 months. Made me appreciate even more the need for flexibility at work, which should be a key feature in today’s work environment, especially in industries which want to boost
#women
participation such as the
#oil
&
#gas
industry
Very happy to see my friend Bishop Trevor Mwamba in the House of Lords in
#London
with
@Lordhowell
& Christof Ruehl. Bishop Trevor took the uncommon path of entering politics; he now heads United National Independence Party in
#Zambia
& run for the country’s 2021 presidency
I had the pleasure to contribute
@OECD
Guiding Principles for Durable
#Extractive
Contracts, which took years to finalise given complex nature of negotiating
#mining
#oil
#gas
contracts. I also presented them to organisation’s board for endorsement
#Africa
is unapologetic about its
#oil
&
#gas
resources. The fortunes of
#Mozambique
rewritten thanks to
#LNG
. But transforming those assets into sustainable wealth is often easier said than done: revenue mgt & fiscal system key. Me, at
@energy_african
in
#Paris
The
#energy
crisis has led
#Europe
policymakers to acknowledge importance of continuous
#investment
in various sources of energy. After all
#energysecurity
can only b achieved in diversity and diversity alone. From my contribution to
@CNN
documentary (in Arabic with
@Widadttaleb
)
New partnership between
@CrystolEnergy
&
@LOGI_Lebanon
to support local young talent in
#Lebanon
. The collaboration consists of offering regular internship opportunities to
#Lebanese
graduates who want to pursue a career in
#energy
. For further info:
My little one enjoying the beauty of Liwa oasis at sunset. The desert stretches more than 100km in the Western Region of
#AbuDhabi
and features some of the world's largest sand dunes
Many expected
#oilprice
to hit 3 digits after
#Iran
’s 1st ever direct attack on
#Israel
. Instead prices softer + not commensurate with severity of situation in
#MiddleEast
. Why?
1. No supply disruptions.
2. Significant safety cushion in the system, in the form of spare capacity
(1) When
#oil
companies report high profits while customers face high prices it generates wide outcry & calls for more taxes on those “greedy” companies. While I sympathise with the argument, we need to take additional aspects into consideration for a more constructive debate
If u think green
#energy
will give u security of supply think again. Energy transition is
#mining
intensive. Most studies on
#minerals
/metals supplies overlook the potential rise in resource
#nationalism
which can disrupt such supplies (1/4)
Full house at
#IEWeek
! Bernard Looney BP’s CEO just called for an orderly
#energy
transition. I am speaking next and my session is on the hot topic of
#energysecurity
Fashion &
#energy
- not something we often think of! A pleasure to be featured in
@marieclaire
’s special edition on
#women
in energy, which I helped to prepare. The interview in Arabic رائدة في صناعة #النفط والغاز (in English )
See you in
#Paris
. A pleasure to speak at Invest in
#Africa
#Energy
forum organised by
@energy_african
. I fell in love with Africa following my first trip on an IMF mission to Sierra Leone years ago. Tremendous natural wealth but many challenges
A day full of speaking engagements but first thing first: breakfast for my little one who is the most wonderful booster to my morale - she never complains about my cooking no matter what!
A very early start on
@BBCNews
with
@SallyBundockBBC
to discuss
@aramco
Q1 results. No surprises: decline of 19% in net income coinciding with 24% decline in
#oilprice
over same period. Still that is a staggering ~$32bn. This oil machine is not going anywhere anytime soon
#oott
In
#Amsterdam
paying homage to Van Gogh’s sunflowers, Vermeer’s girl with a pearl earing, and Dutch tiles. I gave a talk on
#energy
transition at the Digital Transformation of the Energy Sector Forum.
Delighted to receive the prestigious Most Influential CEO 2024 - London (Business Consulting) award from CEO Monthly.
Colleagues and friends: thank you for your continuous support, active engagement and constructive feedback.
The
#energy
landscape is constantly evolving and
للمهتمين في قطاع #النفط و #الغاز في #لبنان وبدء التنقيب في بلوك ٩ تابعوني على
@BBCArabic
بعد دقائق
To those interested in
#oil
&
#gas
in
#lebanon
and the beginning of exploration in Block 9, I will shortly be on
@BBCArabic
to discuss
The energy transition will require effective and responsible use of finite natural resources.
Learn to manage the opportunities and challenges of natural resources on our Oil, Gas and Mining in Emerging Markets programme. Applications close April 3rd.
My dear husband’s interpretation of a surprise birthday party: crash my morning webinar in the middle of a lively discussion on
#oil
markets with
@sean_evers
,
@mikemcglone11
&
@BillSpindle
! Ps: full discussion
It was a pleasure to speak at
#women
&
#Science
organised by
#French
embassy in
#Riyadh
. I just don’t understand why female participation in many disciplines particularly science is still disgracefully low. Surely it is not intellectual ability. Anyone can explain??
Teaching season has started. 1st stop:
@dundeeuni
@CEPMLP
. Topic:
#mining
&
#petroleum
#taxation
. Many think that
#tax
is a dry, heavy subject. But I can assure you it isn’t, especially if you take one of my courses 😉.
Taxation is an important
#policy
tool. If a fiscal system
Pleasant surprise at this afternoon’s meeting at
#Ghana
parliament: met former student of mine from
@UniOfSurrey
currently advisor at Ministry of Planning
Pleasure to speak at
@gmfus
in
#Palermo
on the impact of
#ukraine
#war
on
#Mediterranean
#energy
- a dynamic discussion of a colourful region with its potential and geopolitics. Also a great opportunity to meet colleagues & friends - some I did not see easily for 7 years!
In this podcast, I discuss
#Lebanon
#oil
&
#gas
sector’s development, management &
#governance
– its achievements, limitations & missed opportunities. In Arabic, but highlights in English on link below. Warning: Arabic version almost an hour!
The relationship between
#oil
&
#geopolitics
has significantly evolved since the first oil shock. Geopolitics cannot be viewed in isolation of other market fundamentals - supply losses? Demand growth? Spare capacity? Ignoring those aspects often leads to simplistic conclusions.
🏆
@CrystolEnergy
has been awarded ‘Best Independent
#Energy
Consultants 2021 for the
#UK
’. The Awards, by
@SME__News
, acknowledge a multitude of exciting and vibrant businesses and industries from all over the
#UK
.
#OOTT
For years, I have taught at the “Managing
#Mining
,
#Oil
&
#Gas
for National Development” executive training programme, the flagship collaboration between the
@BlavatnikSchool
@UniofOxford
&
@NRGInstitute
. The programme has attracted policymakers, industry leaders/executives,
A great pleasure to join
@_HadleyGamble
to discuss
@aramco
’s earnings which translate into generous
#Saudi
gov revenues in form of dividends, royalties and income tax, and the beneficiaries of
#Europe
#energy
#crisis
including the US which boosted its
#LNG
exports to continent
For long I wrote & advised about
#oil
&
#gas
in
#Lebanon
+ trained wide range of stakeholders incl parliamentarians on
#governance
. I repeatedly warned of dangers of building unrealistic expectations. Tomorrow, with
@AlbertKostanian
on
@LBCILebanon
I explain why. Don’t miss it 🇱🇧
"لبنان بلد نفطي؟"
ضيوف ألبير كوستانيان في الحلقة المقبلة من #عشرين_30 عضو هيئة إدارة البترول وسام شباط وعضو الهيئة الاستشارية للمبادرة اللبنانية للنفط والغاز ديانا القيسي والمهندس وليد سنو والدكتورة كارول نخلة الاثنين عند الساعة 9:30 مساءً عبر شاشة الـLBCI
@AlbertKostanian
Getting personal! A small deviation from my usual posts. Discussing key aspects of my journey in the
#energy
industry in this Spotlight Podcast for
#Women
in Clean Energy
#WICE
- Clean Energy Business Council
@CEBC2
Spring has started; In
#Lebanon
we celebrate Mother’s Day with it. A salute to all the AMAZING mums out there, including my very special mother with her unconditional and purest love of all. I’m also using the occasion to indulge with my little bundle of joy (and hard work!) 🌸
Great to b in
#Paris
where I moderated timely discussion on
#ESG
in
#energy
at
@GARP_Risk
@IEF_Dialogue
forum. In recent years, ESG gained notable attention in capital raising circles but emphasis has been largely on Environment. Social &
#governance
deserve equal attention
I look forward to speaking at the launch of the
@IMFNews
Regional Economic Outlook for the
#MiddleEast
and
#NorthAfrica
report on 27 April 2020. You can join the webinar here:
In this study I compare 9
#Arab
net
#oil
exporters, using
#Norway
as benchmark looking at 5 key pillars of oil
#gas
value chain: award of contracts/licenses,
#regulations
,
#fiscal
regime, revenue management & sustainable development
In my 20+ yrs experience in
#oil
#gas
#mining
#taxation
, I continue to see resistance from many resource rich governments to keep
#fiscal
regime simple & stable (though understandably not cast in stone). A well-designed
#tax
system can automatically adjust to changing conditions
Proud to announce that
@CrystolEnergy
has been awarded, once again Best Independent Energy Consultancy Company in the U.K. in 2021 (&2018). A big thank you to our team of world class experts who continue to deliver exceptional tailored services to our international client base
I have known
@Lordhowell
, former Sectetary of State for
#Energy
in the
#UK
since 2004. He’s been an amazing friend and colleague. As the Chairman of the Advisiry Board of
@CrystolEnergy
, his unparalleled wisdom, rich experience and unique insights into the intricacies of
A lot of love in the room! This is not a football match; just mummies on top of the world watching their little ones taking part in their first
#Christmas
choir, singing jingle bells and donkey donkey don’t you stop!
Some
#Lebanese
officials r adamantly pushing for Sovereign Wealth Fund even though no discovery made.
#Norway
established SWF ~2 decades after 1st discovery.
#petroleum
fund not prerequisite for successful
#oil
#gas
revenue management but sound fiscal policy is
@AlbertKostanian
At current production level,
#Libya
’s
#oil
reserves can last ~340 years. In 1960s, Libya saw one of the world’s fastest output growth. At its peak of 3.4Mb/d in 1970 it was the 2nd largest Arab producing after
#SaudiArabia
(3.8). Today Libya produces ~ 1Mb/d and hopes to increase
A lot of excitement this morning as
#Chinese
#economy
expands 4.5% in Q1. But according to
#China
National Bureau of Statistics, the foundation of the recovery is still not solid; China still need to boost domestic demand and increase people’s income
A memorable week at
@ADIPECOfficial
in
#AbuDhabi
with daily speaking/ moderating engagements where I learnt a lot. Despite the reported 160,000 visitors, just by walking between halls, I met many colleagues, friends & former students + contacts on social media - that was the