China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Continue Reading
An extension to an agreement by members of the Organization of the Petroleum Exporting Countries and producers outside the group to cut crude-oil production is most likely needed, but perhaps Continue Reading
Saudi Arabia will start reviewing a number of multi-billion-dollar infrastructure and development project—remnants from a better past when crude oil prices were in three-digit territory. Some of these, according to Continue Reading
World’s biggest exporter of crude seeks to wean itself off oil Government to tender for 400 megawatts of wind in 4th quarter Saudi Arabia will develop 30 solar and wind Continue Reading
The level of compliance among OPEC and non-OPEC oil producers with a global deal to cut output is very good, above 100 percent, but it is premature to talk about Continue Reading
Operators will become companies before handover to state fund Government seeking to sell assets amid depressed crude prices Saudi Arabia will transfer airports to its sovereign wealth fund by mid-2018, Continue Reading
The oil market is rebalancing in the short term, and demand will continue to grow in the long term, Saudi Aramco Chief Executive Amin Nasser said at the Columbia University Continue Reading
The head of Saudi Arabia’s state energy giant has warned of a looming oil shortage as a $1tn drop in investments into future production takes effect. Amin Nasser, chief executive Continue Reading
Some of OPEC’s biggest oil producers, including Saudi Arabia, are now targeting $60 a barrel as the level where they want to push crude prices, OPEC officials said, signaling they Continue Reading
Riyadh hasn’t taken a final decision on the production curbs OPEC will meet in Vienna late next month to discuss its policy Saudi Arabia is likely to support extending OPEC Continue Reading
