Last year, President Donald Trump successfully convinced Saudi Arabia to help keep a lid on global oil prices by ramping up production. The Saudis acquiescence to Trump’s tweets at the Continue Reading
Saudi Arabia aims to export as much as 3 billion cubic feet of gas per day by 2030, the chief executive of the Kingdom’s oil giant Saudi Aramco said on Continue Reading
Saudi Energy Minister Khalid al-Falih said on Wednesday that OPEC and its partners were “taking it easy” in response to a tweet from U.S. President Donald Trump requesting oil producers Continue Reading
Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some observers that the end of oil is near with Continue Reading
In this final installment of a series (See also Article 1 and Article 2 ) examining Saudi Arabia’s oil reserves, I want to examine several metrics to see how they Continue Reading
Saudi Crown Prince Mohammed bin Salman cemented a $10 billion deal for a refining and petrochemical complex in China on Friday, meeting Chinese President Xi Jinping who urged joint efforts Continue Reading
Could cracks be forming in the bromance between Saudi Arabia and Russia over oil production quotas? According to one analyst, the answer could be – yes. The background for one Continue Reading
State-owned Saudi Aramco has signed an agreement to form a joint venture with Chinese conglomerate Norinco to develop a refining and petrochemical complex in Panjin city, saying the project is Continue Reading
State-owned Saudi Aramco signed an agreement on Friday to acquire nine percent of Chinese project Zhejiang Petrochemical, Saudi state news agency SPA said. The agreement, which formalizes a previously announced Continue Reading
Saudi Energy Minister Khalid al-Falih said on Wednesday he hoped the oil market would be balanced by April and that there would be no gap in supplies due to U.S. Continue Reading
