• 6 minutes Corporations Are Buying More Renewables Than Ever
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 23 minutes Starvation, horror in Venezuela
  • 21 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 1 day Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 19 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 20 hours Saudi Fund Wants to Take Tesla Private?
  • 1 day Mike Shellman's musings on "Cartoon of the Week"
  • 2 days Venezuela set to raise gasoline prices to international levels.
  • 2 days The Discount Airline Model Is Coming for Europe’s Railways
  • 1 day Pakistan: "Heart" Of Terrorism and Global Threat
  • 1 day Are Trump's steel tariffs working? Seems they are!
  • 2 days Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 2 hours Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 13 hours Why hydrogen economics does not work
  • 12 hours China goes against US natural gas
Alt Text

The Boy Genius Tackling Energy’s Toughest Problem

This 23-year old nuclear physicist…

Alt Text

Russia’s Nuclear Sector Is Surging

With a long-standing nuclear tradition,…

Business Insider

Business Insider

Business Insider is one of the leading Business and finance news sites online.

More Info

Trending Discussions

Saudi Arabia to Build the First Nuclear Power Station in the Gulf States

The government of Saudi Arabia has announced a new section of its capital Riyadh is set to be powered solely by nuclear energy. This will be the first nuclear power plant in the Gulf states, and the first in the broader Middle East.

If the U.S. government backs Saudi Arabia's bid to build a reactor, they'll be creating the potential for nuclear growth within the GCC, or Gulf Cooperation Council, whose members include Saudi Arabia, Qatar, Kuwait, Bahrain, the UAE, and Oman.

All of those states are also reviewing the possibility of producing nuclear fuel, so they can export more oil and gas to foreign markets.

The GCC is largely allied with the United States and their key security issue is Iran's rise in power across the Persian Gulf.

The U.S. must be concerned that by allowing oil-rich ally Saudi Arabia to invest in nuclear technology, it will be further escalating its conflict with Iran.

The talk of a double standard in terms of peaceful nuclear energy in the Middle East will have further credence if the U.S. allows a Gulf state to make the move to nuclear.

The main issue is the non-proliferation treaty. While most of the states in question have joined, Israel remains outside the scope of the treaty and Iran is defiant of the precepts it signed.

Peaceful nuclear power could be the straw that breaks the region's geopolitical back.

By. Gregory White




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News