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Saudi Oil Wells May Run Dry By 2030

According to a 150-page report by Citigroup, Saudi Arabian oil could dry up as early as 2030 which is a lot sooner than previously thought The high consumption of oil in the Gulf nations for air-conditioning and desalination means that oil wells are likely to run dry a lot sooner than expected. That’s the news […]

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Israel’s Petroleum Council Adds Environment Reps

Meged oil field, in Israel. Last week two environmental representatives were added to Israel’s Petroleum Council, according to the Jerusalem Post. The council has been restructured to include a total of 13 members, including seven members of the public. As Israel’s ongoing court dispute between government officials and national gas distributors proves, the industry has […]

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Are Renewables Just Freeing Up Oil For Export?

Does an expanding renewables market in the Middle East (such as that showcased in Masdar) just mean more oil can be exported and more profit made at the expense of the world climate? Here are GreenProphet, we have been carefully following the Middle East’s slow but steady uptake of renewables technologies. Every solar project or […]

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Has The Middle East Turned A New (Green) Leaf?

Investment in renewables grew 104 percent in 2010 in the Middle East and North Africa region- is this a step towards a renewables revolution? According to data from the United Nations Environment Programme, new investment in renewables in the Middle East and Africa region grew 104 percent in 2010 to $5billion. From inspiring solar projects […]

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Israeli Black Globe Award Went to IEI for Oil Shale Agenda

The Elah Valley, which IEI hopes to use as testing grounds for oil shale extraction. The annual Israeli “Green Globe” award ceremony, hosted by the environmental umbrella organization Life and Environment, took place last Thursday where recipients included Minister of the Environment Gilad Arden.  That award ceremony is not all pats-on-the-back and positive recognition, however.  […]