Representatives from both Saudi Arabia and Germany have separately pledged to formally ratify the Paris Climate Agreement by the end of this year.
Continue ReadingAn OPEC meeting in Vienna ended today with no official agreement reached on whether or not to cap output levels in order to…
Continue ReadingOil prices have plummeted after a meeting of Opec countries failed to come to an agreement on an output cap.
Continue ReadingOil Prices Highest in 2016 Ahead of Doha Meeting
Written by Danny Lord in Government Policy Oil & Gas
A combination of factors including a weak dollar and talk of a supply freeze have pushed oil prices up past $43 a barrel;…
Continue ReadingSaudi Arabia to Invest $2tn in Move Away From Oil
Written by George Gangar in Climate Change Oil & Gas
The kingdom of Saudi Arabia is setting out plans to create a $2tn sovereign wealth fund. It will attempt to do this by…
Continue ReadingCOP21: Are Saudi Arabia Trying to Sabotage the Climate Summit?
Written by George Gangar in Climate Change Government Policy
On Tuesday, it was claimed that Saudi Arabia are trying to undermine international efforts to reach an agreement on climate change. The country…
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