Centre for Global Energy Studies Says Closing After 24 Years
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The Centre for Global Energy Studies, a consulting firm founded by a former Saudi Arabian oil minister, said it’s closing after 24 years.
CGES, established in January 1990 by Sheikh Ahmed Zaki Yamani, is “passing into history,” Leo Drollas, chief economist for the London-based researcher, said in an e-mail today. Yamani was Saudi Arabia’s oil minister from 1962 to 1986, a period that included the kingdom’s nationalization of its oil industry and the crude export embargo organized by Arab producers in 1973.