As a succession of international business and political leaders withdrew from Saudi Arabia’s Future Investment Initiative conference over the death of US-resident journalist Jamal Khashoggi, there was speculation that the event Continue Reading
Saudi Arabia and Russia agreed to extend their pact to preserve oil stability, Saudi Energy Minister Khalid al-Falih said in remarks broadcast by Ekhbariya TV on Thursday. “Saudi Arabia and Continue Reading
Saudi Arabia would likely carry out an initial public offering for Saudi Aramco in 2021 after it builds up some downstream assets including petrochemical production, Khalid Al-Falih, the country’s energy Continue Reading
Fatih Birol, the Executive Director of the International Energy Agency (IEA), is not worried about Saudi Arabia retaliating with reduced oil supply in response to potential sanctions after the killing Continue Reading
Saudi Arabia plans to sign deals worth more than $50 billion in the oil, gas, industries and infrastructure sectors at an investment conference in Riyadh on Tuesday, a source familiar Continue Reading
Saudi Arabia and Russia could formalize a strategic partnership that would last indefinitely, potentially marking a new era for the oil market. In a wide-ranging interview with TASS, Saudi oil Continue Reading
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a worsening Continue Reading
Now that global oil markets have gotten used to Saudi-Russian oil production cooperation that first hit the scene in early 2017 in an effort to reign in global price concerns, Continue Reading
Saudi Aramco signed on Thursday an agreement to invest in a 400,000-bpd refinery and associated petrochemical plants in eastern China as part of Saudi Arabia’s push to expand its downstream Continue Reading
Saudi Arabia has added 3 million bpd of oil export capacity to its West Coast on the Red Sea after the upgrade of Saudi Aramco’s Yanbu South Terminal, the state Continue Reading
