Saudi, Indian Oil Ministers To Meet On Saturday
The oil ministers of Saudi Arabia and India will meet on Saturday, Reuters quoted India’s Oil Minister Dharmendra Pradhan as saying on Friday. Although the Indian minister did not go Continue Reading
Saudi Arabia Says Large Gas Reserves Found In Red Sea
Large volumes of natural gas have been found in the Red Sea, according to the official Saudi Press Agency (SPA) which quoted Saudi Arabia’s Energy Minister Khalid al-Falih as saying. Continue Reading
Saudi Oil Minister: Aramco IPO On Track For 2021
The listing of Saudi Arabia’s energy giant Aramco is on track to take place in 2021, Energy Minister Khalid al-Falih said , echoing earlier assurances he and Aramco’s chief executive Continue Reading
Rubio’s “Full Gangster” Comments Hinder U.S.-Saudi Relations
It didn’t take long for Florida Senator Marco Rubio’s comments that Saudi Crown Prince Mohammed bin Salman had “gone full gangster” to make the news rounds all the way from Continue Reading
Kashmir Conflict Has Riyadh On Edge
Just days after Saudi Arabia’s Crown Prince Mohammed bin Salman finished his charm-offensive Asian trip to Pakistan, India, and China, the ever-simmering tensions between Pakistan and India flared up again Continue Reading
Aramco Bets Big On Refining Despite Challenges
Despite strained U.S.-Saudi relations on several fronts, Saudi Arabia’s oil giant Aramco continues to see the U.S. market as strategic and continues with plans to expand the biggest U.S. refinery Continue Reading
Saudi Arabia Oil Exports To U.S. Nosedive
Saudi Arabia’s crude oil exports to U.S. are falling sharply, with shipments so far this month at just 1.6 million barrels, according to data compiled by Bloomberg , versus 5.75 Continue Reading
Saudis Leaning Toward OPEC Cut Extension
Saudi Arabia’s Energy Minister Khalid al-Falih said on Wednesday that he was leaning toward an extension of the OPEC+ production cuts after June, although he noted that the producer group Continue Reading
Saudi Aramco To Discontinue Fuel Oil Production By 2024
Saudi Arabia’s oil giant Saudi Aramco targets to stop producing fuel oil at its refineries by 2024, as stricter environmental regulations for the shipping industry will significantly cut the largest Continue Reading
Saudi Aramco CEO Rebukes Peak Oil Demand ‘Hype’
“I am not losing any sleep over ‘peak oil demand’ or ‘stranded resources’,” Amin Nasser, the chief executive of Saudi Arabia’s oil giant Saudi Aramco, said in a speech in Continue Reading