Saudi King Salman (C) attends the inauguration ceremony of several energy projects in Ras Al Khair, Saudi Arabia, November 29, 2016. Saudi Press Agency/Handout via Saudi Arabia’s King Salman underlined Continue Reading
A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh, Saudi Arabia June 23, 2008. (The opinions expressed here are those Continue Reading
Saudi Arabia is one of the very few countries which has increased its drilling for new oil and gas wells since prices began to slump in the middle of 2014. Continue Reading
State oil company Saudi Aramco aims to almost triple its chemicals production to 34 million metric tons per year by 2030, a senior company executive said on Monday. “In chemicals, Continue Reading
OPEC’s top producer hints group won’t necessarily curb output Members adamant Moscow must cut for any supply accord to work OPEC surprised the market in September with a preliminary agreement Continue Reading
OPEC is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the first time suggested the oil-club Continue Reading
Saudi Arabia’s energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene in it. Any intervention Continue Reading
Saudi Arabian oil officials have canceled a meeting Monday with their Russian counterparts, OPEC officials said, disrupting plans between the world’s two largest petroleum producers to coordinate output cuts meant Continue Reading
As new arrivals hurry through Riyadh’s airport, Ahmed hustles for customers, hoping to lure travellers into his saloon car. One of hundreds of thousands of Saudis who studied in the Continue Reading
Rowan Companies Plc ( RDC.N ) said it and Saudi Aramco, Saudi Arabia’s state oil company, have agreed to form an equally owned joint venture to operate offshore drilling rigs Continue Reading
