Saudi Arabia
Archive
Turkey charges 20 Saudis over Khashoggi murder
Turkish prosecutors said they have formally charged two former aides of Saudi Crown Prince Mohammed bin Salman and 18 other Saudi nationals over the...
Archive
OPEC, IEA underscore importance of oil and gas market stability
International Energy Agency (IEA) Executive Director Fatih Birol and Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Sanusi Barkindo
underscored the importance of...
Archive
Saudi Arabia detains hundreds of government officials
The Saudi's National Anti-Corruption Commission (Nazaha) announced on Sunday that 298 government officials, including military and security personnel, have been detained in Saudi Arabia...
Archive
Russia, Saudi Arabia scrap opens oil pipes, floods market
While Moscow is in a much better financial position today than Saudi Arabia, or Russia’s position in 2014, Russia stands to lose a lot...
Archive
Playing Russian roulette with the US shale oil industry
The rapid growth of the US shale industry seems to be at the heart of the Saudi-Russia crude oil price war. Already weak from...
Energy
Kazakhstan calls for consensus on OPEC+ deal
NUR-SULTAN, Kazakhstan – Kazakhstan’s Energy Minister Nurlan Nogayev on 11 March called for the Organization of Petroleum Exporting Countries (OPEC) and its allies led...
Archive
Saudi princes arrested amid reports of coup plot
Saudi authorities have detained three princes including King Salman's brother and nephew on charges of plotting a coup, the US media reported Friday. The crackdown...
Archive
Oil price war
Crude prices plunged to record lows on 9 March as an oil price war between Saudi Arabia and Russia commenced after the latter refused...
Archive
Uzbekistan signs agreements with Saudi Arabia’s ACWA Power
Uzbekistan’s Energy Ministry announced on 5 March the signing of three new strategic agreements, worth over $2 billion, with the Saudi Arabian utility developer...
Archive
Saudi Aramco’s sole control over SABIC gets EU nod
The acquisition of sole control over Saudi Basic Industries Corporation (SABIC) by energy giant Saudi Aramco complies with EU Merger Regulation, the European Commission...
Archive
COVID-19 no hit for Russian oil exports to China
Russia’s oil exports to China were almost unaffected last month amid the coronavirus outbreak as the East Asian country has been benefiting from lower...
Archive
US, UK, Turkey asked to arrest UAE 'war crimes' suspects
The United Kingdom, Turkey and the United States have been asked to open investigations into alleged war crimes by the United Arab Emirates in...
Analysis
Does Trump’s peace plan make the EU less relevant?
The Peace to Prosperity plan that the Trump administration rolled out as a “Deal of the Century” on January 28 offers the prospect of a future Palestinian...
Archive
EU begins patrol mission in the Strait of Hormuz
France has announced the beginning of the European Maritime Awareness Mission in the Strait of Hormuz after one of the French Navy's frigates started...
Archive
IEA: Global oil supply tumbles in December
Global oil supply tumbled 780,000 barrels per day in December as biofuels production declined seasonally and Saudi Arabia reduced output, the International Energy Agency...
Archive
Oil price jump: an inevitable knee-jerk reaction to the killing of Soleimani
Oil prices spiked on 3 January on news that Qassem Suleimani, commander of Iran’s elite Quds Force and architect of its growing military influence...
Archive
Drone strikes on Saudi oil fields spike prices
Geopolitical tensions and fears of longer-than-expected supply shortfalls led to Brent crude oil prices rising more than 1% on 19 September following the drone...
Archive
OPEC+ oil production cuts, possible US-China trade deal boost oil prices
Supply cuts led by the Organization of Petroleum Exporting Countries (OPEC), US sanctions against Iran and Venezuela and the possibility of a US-China trade...
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