Saudi Arabia Boosts Oil Security as Iran Denies Pipeline Attack
Oil flow at Saudi-Bahrain pipeline resumed after halt ‘Era for lies and childishly laying blame is over:’ Iran An oil pump operates in the Awali oil field in Bahrain on Continue Reading
Saudi King Will Not Relinquish Throne, Senior Official Says
King Salman isn’t planning to abdicate in favor of his son, a senior Saudi official said, dismissing mounting speculation that Crown Prince Mohammed bin Salman will soon ascend to the Continue Reading
Saudi Arabia Boosts Oil Security as Iran Denies Pipeline Attack
Oil flow at Saudi-Bahrain pipeline resumed after halt ‘Era for lies and childishly laying blame is over:’ Iran An oil pump operates in the Awali oil field in Bahrain on Continue Reading
Aramco plans to spend $300 billion over 10 years in upstream oil and gas: CEO
Saudi Aramco plans to spend close to $300 billion over 10 years in upstream oil and gas projects, Chief Executive Amin Nasser said on Monday. Hamad I Mohammed Speaking at Continue Reading
Moscow, Riyadh agree to explore Saudi Aramco taking part in Novatek LNG project: RIA
Russia and Saudi Arabia have agreed to study the possibility of national oil company Saudi Aramco taking part in Novatek’s Arctic LNG 2 project, RIA news agency reported on Monday. Continue Reading
McDermott contract to help boost oil offshore Saudi Arabia
Vague on specifics, a contract for oilfield services company McDermott International is tied to boosting oil production for offshore Saudi Arabia. McDermott in its release to the press said work Continue Reading
Saudi Prince Shakes Royal Family With Crackdown
In what amounts to a top-down revolution in the House of Saud, an aging king and his son are shattering the monarchy’s long-held tradition of ruling by consensus and accelerating Continue Reading
Greed and intrigue grip Saudi Arabia
A prime minister vanishes. A ballistic missile explodes. An Arab prince rounds up some of his relatives on corruption charges and detains them in a deluxe hotel where they sleep Continue Reading
Kingdom Of Fear: Saudi Arabia On Lockdown
Events in Saudi Arabia are unfolding at a blinding pace, with a radical shift taking place within the upper echelons of government. Last weekend, King Salman announced the set-up of Continue Reading
New York Listing Unlikely For Aramco IPO
Aramco is highly unlikely to list on the New York Stock Exchange, Mark Mobius, executive chairman of Templeton Emerging Markets Group, told CNBC. The reason: risk of litigation. Interestingly, however, Continue Reading