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Saudi, Russia pre-OPEC talks yield no oil output cut

Impromptu talks between Saudi Arabia, fellow OPEC member Venezuela and oil powers Russia and Mexico yielded no agreement on Tuesday on how to address a growing oil glut, ending without any plan to cut output despite a collapse in prices. 754 more words

Global Economy

CO2 Emissions Rocketing In Oil Sheikdoms

By Paul Homewood




When we discuss CO2 emissions, we invariably gravitate to China and India, simply because they are such large emitters, and growing emissions rapidly. 248 more words

Climate Change

"...mind if we just hang out?"


It’s been a month and two days here in Saudi. I have to admit that each day is getting better. I had a rough one month anniversary and really just didn’t want to be here that day. 863 more words

America's de facto surrender to Iran's nuclear ambition

No matter what the outcome of the ongoing P5+1 discussion with Iran, one thing is clear: Iran has been for years a country with nuclear technology and thousands of centrifuges capable of making weapon grade uranium and delivery mechanism. 337 more words