Saudi Arabia’s energy minister Khalid al-Falih said that he was optimistic major oil producers could agree to cut production by November and that it wasn’t “unthinkable” that crude prices could Continue Reading
Saudi Aramco informed Egypt’s state-held Egyptian General Petroleum Corporation (EGPC) that it would suspend the delivery of refined oil products to Egypt, Reuters reported on Monday, quoting a government official. Continue Reading
Saudi Arabia is quietly amassing quite a portfolio of American energy assets. State-owned Saudi Aramco is already co-owner, with Royal Dutch Shell , of Motiva, the largest U.S. refinery. Under Continue Reading
Capital spending to reach 75.8 billion riyals vs 263.7 billion Saudi budget deficit to drop to 13.5% of GDP vs 15% in 2015 Saudi Arabia’s austerity measures will slash capital Continue Reading
Saudi crude reserves not reviewed by independent consultants Country planning to sell bonds, stake in state producer Aramco Saudi Arabia, the biggest oil exporter, sees its crude reserves of 266.5 Continue Reading
Saudi Arabia’s energy minister Khalid al-Falih said that he was optimistic major oil producers could agree to cut production by November and that it wasn’t “unthinkable” that crude prices could Continue Reading
Non-OPEC producers showing willingness to cooperate: Al-Falih Oil-market shift prompting nations to do something different The oil-price could recover to $60 a barrel by the end of 2016, said Saudi Continue Reading
Saudi Energy Minister Khalid al-Falih talks to reporters during the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria September 27, 2016. Saudi Arabia’s Energy Minister Khalid al-Falih said on Continue Reading
The world’s biggest oil company is planning to sell shares in the entire business and not just in its refining or distribution operations, its chief executive officer said in an Continue Reading
Saudi Arabia Deputy Crown Prince Mohammed bin Salman attends the G-20 opening ceremony at the… Saudi Arabia’s deputy crown prince sent his energy minister to an OPEC meeting last month Continue Reading
