Saudi Aramco – the Climate Story

August 24, 2018By Greg MuttittBlog Post, Featured

For oil watchers, one of the biggest stories of the year, or maybe decade, has been the proposal to privatise five percent of Saudi Aramco, the world’s largest oil company. Reuters broke news on Wednesday that the high-profile Initial Public Offering (IPO) has been shelved, and the advisory teams disbanded. The Saudi government has said … Read More

Saudi Arabia’s “Inconvenient Truth”

February 9, 2011By Andy RowellBlog Post, Featured

New documents released by Wikileaks reveal that for over three years the Americans have been worried that Saudi Arabia may have overstated its reserves by 40 per cent or some 300bn barrels. The fact that Saudi Arabia may be overstating its reserves its nothing new, but many consider it the elephant in the room for … Read More

Shifting Geo-Politics not Good for the Climate

February 22, 2010By Andy RowellBlog Post

Change may only happen in small steps, but slowly and surely the geo-politics of oil are changing. The dynamics of Middle Eastern oil are in transition. Anyone who argued that the war in the Gulf was a war about oil should sit up and take notice.  And anyone concerned about the climate should also be … Read More