Sunday, June 16, 2024

Saudi Arabia

Eyeing competitors, OPEC+ countries will keep cutting oil production

Several OPEC+ countries are extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting what they are labeling "the stability and...

Breaking Europe’s hold on football

The 2022 FIFA World Cup in Qatar brought together nations from around the world, and 1.5 billion people tuned in to watch the final. But...

Saudi Arabia’s ACWA Power breaks ground on first and largest wind project in Azerbaijan

The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony on January 14 for the 240 MW wind power plant with an...

Oil climbs as OPEC+ may delay further supply recovery if there is a slump in demand

Oil prices climbed on December 3 after the Organization of the Petroleum Exporting Countries (OPEC), and oil producing allies led by Russia, a grouping...

Fearing recovery setback, OPEC+ sticks to plans to raise oil output gradually

The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group so called OPEC+, dismissed demands from the United States...

Interview with Abdullah Muteb Alrasheed, Saudi Arabia’s ambassador to the Czech Republic

Abdullah Muteb Alrasheed is the Ambassador of the Kingdom of Saudi Arabia to the Czech Republic. Alrasheed studied at several prominent universities, including political...

Covid recovery, supply chain woes ratchet up oil prices

Oil prices hit multi-year highs this week as Covid recovery and coal, electricity and natural gas shortages are fueling demand for crude.“It has a...

Satisfied OPEC+ keeps oil supply status quo

At the OPEC+ meeting, which came against a backdrop with Brent trading just under $80 per barrel, oil ministers decided on October 4 to...

Why the fall of Afghanistan sllows Iran to expand its influence

Since 2020, the United States has been working to withdraw its troops from Afghanistan. The Americans' announcement emboldened the Taliban, who recently took control...

Uzbekistan announces financial proposals for 100MW wind farm in Karakalpakstan

Uzbekistan’s Energy Ministry announced on September 16 the financial proposals of the investors/bidders in their contest to become the independent power producer to develop...

What are Turkey’s ambitions in Afghanistan after the US’ withdrawal?

After the United States finished its withdrawal from the two-decade war in Afghanistan on August 31, regional powers remain at work trying to understand...

The West must apply the lessons of Afghanistan and Tunisia to Libya

Twenty years have now passed since 9/11. Since then, differing ideas of the importance of democracy in Middle Eastern policy have dominated the foreign...

What next after 20 years of war in Afghanistan? Anatol Lieven on the U.S.’ legacy and the Taliban’s rise

On August 30, 2021, a C-17 transport plane took off from Hamid Karzai International Airport in Kabul, Afghanistan, signaling the end of America’s longest war....

OPEC+ keeps output increase to 400,000 bpd despite US calls for more supply

Oil prices increased on September 3 after slow recovery for US Gulf Coast exports from hurricane Ida earlier this week and the decision by...

Are Turkish investors falling for Hamas’ games?

Recent reports have revealed the extent of investments and assets controlled by Hamas, the Palestinian terror group, within Turkey. Hamas has long maintained a strong...

Oil prices fall on signals Fed will start tapering stimulus measures

Oil prices fell to three-month lows this week due to the signal from the Federal Reserve that it will start tapering stimulus measures and...

The legacy of failure in Afghanistan starts in 1979, not 2001

A decade ago, John Lamberton Harper, a professor of US Foreign Policy and European Studies at Johns Hopkins in Bologna, Italy published an indispensable...

As the Gulf recovers, knowledge-based economies prove the way forward

As the world economy slowly emerges from the COVID crisis, it is the Gulf region that is making the most impressive rebounds. At the beginning...

How the Austrians and their Chancellor charmed the Arabs

In late July, the Austrian capital of Vienna hosted a special guest. It was none other than the Crown Prince of Abu Dhabi. The...

Revised OPEC+ deal very favourable for Russia

As the global economy recovers from the Covid pandemic fueling oil prices, OPEC+ countries, including Saudi Arabia and Russia, reached a deal via videoconference...

Making sense of the Italy-UAE rift

Earlier this month the United Arab Emirates (UAE) ordered the withdrawal of all Italian aircraft and personnel from its Al Minhad Air Force Base...

When the “New Middle East” meets the “New Europe”

Middle Eastern experts have commented widely on the “new” foreign policy of the United Arab Emirates. Many of these same commentators have gone so...

Russia unlikely to interfere in Saudi-UAE dispute to raise oil output

“There is a very wise old saying that ‘it is a very foolish person that seeks to interfere in family disputes,’” Chris Weafer, co-founder...

OPEC+ seeks agreement on oil production policy

The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC, an energy alliance often referred to as OPEC+, was expected to reconvene via teleconference on...

China tensions, Iran nuclear talks support oil price hike

Oil prices traded close to a three-year high on June 24, supported by geopolitical tensions, including China and Iran, falling US inventories and prospects...

Europe must double down on fighting antisemitism

Whenever Israel exercises its right to defend itself against terror, count on a wave of violent antisemitism to sweep across the West. Last month,...

The last party in the oil market

The Organization of the Petroleum Exporting Countries (OPEC) and other major crude producers led by Russia, a group so-called OPEC+, agreed on June 1...

No discounts on the EU’s fundamental values

Alexander Schallenberg has been Austria's Federal Minister for European and International Affairs in the second Sebastian Kurz government since January 2020. He previously served...

How international partnerships help boost Saudi intellectual property watchdog’s effectiveness

Realizing the importance of intellectual property in achieving the country's ambitions to stimulate business growth and economic competitiveness. the Saudi government has established the...

Ode to the Cold War: Geopolitics is more complicated than ever

“Christ, I miss the Cold War,” hisses Judi Dench while playing the role of 'M' in the 2006 James Bond reboot, Casino Royale. Well,...

Saudi ACWA Power to build largest single-site wind farm in Central Asia

In the presence of Saudi Energy Minister Abdulaziz bin Salman and Uzbekistan’s Deputy Prime Minister and Investments and Foreign Trade Minister Sardor Umurzakov, ACWA...

Uzbekistan formalizes hydrogen energy strategy

The Uzbek Energy Ministry has announced the signing of a new Presidential Decree on measures for the development of renewable and hydrogen energy in...

OPEC+ meets as Saudis keep finger on the pumps, Russia wants gradual output increase

The Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, convened for talks chaired by Saudi Energy Minister Abdulaziz...

Biden’s narrow timeline to get tough on Putin

On March 2, President Joe Biden’s administration, together with the United Kingdom and the European Union, announced new sanctions against Russia over last summer's...

Saudi Arabia, Russia coordinate policy as OPEC+ leaves oil output unchanged

The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group so-called OPEC+, met by videoconference on March 4...

Is Turkey Biden’s “ally from hell”?

Ten years ago, The Atlantic ran as its cover story a piece titled “The Ally From Hell”. The article followed the raid that killed al-Qaeda...

In time of pandemic, OPEC+ stands pat, sees oil rebound this year

The Organization of Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+, reportedly maintained its oil output policy at...

A new dawn for Libya brings hope for regional stability

While it may seem as though only one subject has dominated the news for the past year, and our lives came to a very...

Uzbekistan, Saudi ACWA Power to enhance clean energy capacity

Uzbekistan and Saudi Arabia plan three major power projects that will boost the use of clean and renewable energy in the Central Asian country,...

Slick OPEC+ scheme boosts prices: Saudis cut, Russia, Kazakhstan raise

Oil prices climbed more than 4% on January 5 after OPEC+ reached an unusual production quotas agreement, with Saudi Arabia committing to cut the...

Kazakhstan hails the removal of diplomatic blockade by Arab countries from Qatar

NUR-SULTAN, Kazakhstan - Kazakhstan welcomed the signing of the Al-Ula Declaration during the 41st summit of the countries participating in the Cooperation Council for...

Crude oil price rally may face supply side pressure in early 2021

Oil traders are optimistic the start of the deployment of vaccines means that an end to the worst economic ravages of the COVID-19 pandemic...

OPEC+ likely to extend oil cuts seeing slow fuel demand recovery from vaccines

Oil prices climbed to their highest in more than eight months on November 25 fuelled by continuing hopes that energy demand will recover once...

Russia, Saudi Arabia eye COVID-19 oil cut to hike prices

Russia and OPEC-kingpin Saudi Arabia are reportedly mulling to delay an increase in oil production in January, maintaining an output cut aimed to raise...

Russia, Saudis push COVID-19 oil supply cuts on OPEC+

Russian President Vladimir Putin and Crown Prince Mohammed bin Salman have urged fellow oil producer countries in OPEC+ to stick to supply cuts agreed...

US walks alone in Iran sanctions, EU goes other way

The European Union remains committed to implementing the Iran nuclear deal as a matter of respecting international agreements and of the bloc’s shared international...

Too much supply, too little demand, OPEC+ wants production cuts

Fearing slow oil demand recovery, the Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, during a meeting on...

Oil reflux: OPEC+ pumps up volume after COVID-19 cutback

The Organization of the Petroleum Exporting Countries (OPEC) and its oil producing allies led by Russia, a group known as OPEC+, reportedly agreed on...

Trump pushes end to Russian-Saudi oil production standoff

Oil prices surged on April 2 after US President Donald J. Trump said he expected Saudi Arabia and Russia to end a price war,...

Gulf nations have been quick to prevent economic downturn and Europe must do the same

From the outset of the novel coronavirus outbreak, it became clear that its repercussions would go far beyond public health. As countries have scrambled...

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