Professor Adam Hanieh

Political Economy Fellow 2023-24, Lecture Series 2025

Plastic Economies: Power, Politics, and Ecological Futures Across the ‘East-East’ Petrochemical Circuit

As the key raw material in the production of plastics and other synthetic commodities, petroleum-derived chemicals form the basis of our material existence. Industry spokespeople state that petrochemicals are ‘the future of oil’, yet debates around fossil fuels overwhelmingly focus on energy and transport, while ignoring the importance of petrochemicals. At the same time, the centre of the global petrochemical industry has shifted towards the Middle East and East Asia. A new ‘East-East’ Petrochemical Circuit (EEPC) binds together these regions, administered by large, vertically-integrated firms controlling each step of petrochemical production and consumption. Addressing the ‘petrochemicals blindspot’ – and building upon calls to move away from techno-scientific approaches to the study of fossil fuels – this project investigates what the rapidly changing geographies of the petrochemical industry mean for a global Green Transition.

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Decolonisation Lecture Series

With Martin Thomas & Julia Laite

This lecture series explores aspects of the global processes of decolonisation, from the earliest European colonial expansions to the political and economic upheavals of the 20th century. We will examine the colonisation of Newfoundland, plus the economic consequences of decolonisation in the 20th century, considering how former colonies navigated independence, economic restructuring, and global trade.

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Research outcomes

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Hanieh, A. (2024).

Crude capitalism: Oil, corporate power, and the making of the world market. Verso Books.

Biography

Adam Hanieh is Professor of Political Economy and Global Development at the University of Exeter.

Adam’s current research focuses on issues of political economy, oil, and capitalism. He has published three books on the Middle East, including Money, Markets, and Monarchies: The Gulf Cooperation Council and the Political Economy of the Contemporary Middle East (Cambridge University Press, 2018), which won the 2019 British International Studies Association, International Political Economy Group Book Prize.

Biographical details correct as of 11.03.25

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