Oil prices rise on OPEC and Russia’s deal to cut production (en/fr)

According to Reuters, the Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it would cut production by 1.2 million barrels a day from 33.6 million barrels and said it expects producers from outside the group, including Russia, to join with additional cuts totaling 600,000 barrels a day. On Thursday, 12/1, Azerbaijan said it was also willing to engage in talks on cuts while Indonesia suspended its membership. 

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L’Arabie Saoudite réussira-t-elle son pari d’en finir avec sa dépendance à l’or noir?

Afin d’éviter qu’une crise comme celle qui se passe actuellement au Venezuela  arrive sur son sol, l’Arabie Saoudite, la plus grande puissance exportatrice de pétrole brut, planifie d’ores et déjà le changement pour lui permettre de produire 9.5 gigawatts d’énergie renouvelable en éléctricité avant 2030.Cette nouvelle a vite fait le tour des médias locaux et internationaux pendant les deux dernières semaines. Annoncé fin avril, le programme nommée « Vision saoudienne à l’horizon 2030 », vise à réduire la dépendance du royaume vis-à-vis des revenus pétroliers, dont les prix sont en chute libre. Le Royaume d’Arabie Saoudite opte pour une transition vers le solaire,l’éolien,le gaz, et développer des industries en aval, comme la pétrochimie.

Saudi Arabi reduces Dependence on Oil Amid Crude Price Slump//Le pétrole chute, l’Arabie vers un déficit record

Saudi Arabia, the world’s biggest crude oil exporter, is cutting its dependence on oil revenue due to the slump in crude prices while boosting production to defend its market share.

First time in history: Initial results show 19 Saudi women elected for first time (English -French)

A taboo was broken in Saudi Arabia this weekend when women voted for the first time.

Oil-rich Saudi Arabia boasts modern infrastructure of highways, skyscrapers and ever-more shopping malls.

But women still require permission from male family members to travel, work or marry.

According to official figures, 130,000 women registered to vote in Saturday’s poll, compared with 1.35 million men. Just 979 female candidates, compared with 5,938 male candidates, managed to reach the final list, and the ability of female candidates to promote their platforms was limited.