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"On Tether to Fossil Fuels, Nations Speak With Money"

"As representatives of nearly 200 countries gathered in Paris to discuss ways of reducing emissions from fossil fuels, many pointed to what they consider a simple and obvious way to change behavior: Stop widespread subsidies that encourage the use of fossil fuels."

Source: NY Times, 12/07/2015

"OPEC Unity Shattered as Saudi-Led Policy Leads to No Limits"

"OPEC has abandoned all pretense of acting as a cartel. It’s now every member for itself. At a chaotic meeting Friday in Vienna that was expected to last four hours but extended to nearly seven, the Organization of Petroleum Exporting Countries tossed aside the idea of limiting production to control prices."

Source: Bloomberg, 12/07/2015

"Russian Tanker Spills Oil Near Sakhalin Island"

"A Russian-flagged oil tanker has run aground off Nevelsk on the southwest coast of Sakhalin Island, spilling oil into the sea, Russia’s Ministry of Emergency Situations reports."

Source: ENS, 12/04/2015

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