DAVOS: The workmen are dismantling the partitioning in the Kongresszentrum, the “masters of the universe” are midway through their slap-up lunch on the Schatzalp mountain (no journalists allowed), and the final plenary sessions have been brought to a close. Davos is over for another year.

DAVOS: There are some people who come to Davos every year at the time of the World Economic Forum Annual Meeting — and never set foot inside the Kongresszentrum where all the big official WEF events take place.

There are always a few moans and groans about aspects of organization at the World Economic Forum in Davos — traffic in the small town, the availability of transport from neighboring places like Klosters (where yours truly usually chooses to stay), and general complaints about logistics.

On any unbiased assessment, the first week of COP26 was a pretty good start to the gathering charged with saving the world.

While the arch-environmentalists call for the abolition of all fossil fuels at the 2021 UN Climate Change Conference, or COP26, in Glasgow, over in Vienna the sharp end of the oil industry is getting down to business.

Amid all the razzmatazz and big policy initiatives of the Saudi Green Initiative, one item perhaps did not get the full attention it deserves.

It took a short while for SoftBank’s Vision Fund to make its first direct investment in a Saudi company, but it was well worth the wait.

OPEC+, the oil producers’ alliance led by Saudi Arabia and Russia, meets this week for the first test of the new regime put in place at July’s meeting, and which took effect from the first of this month.