An oil pipe exploded in Buri village in Bahrain on Friday night.
Read More »Saudi Arabia Remains Committed to Climate Accord
Khalid al-Falih’s statement came as almost 200 countries started talks in Germany to bolster a global climate accord that the United States plans to quit.
Read More »Masdar Chief Urges Saudi Arabia to Tap Wind Energy
Masdar has invested about 10 billion dirhams ($2.7 billion) in projects worldwide.
Read More »The Saudi Purge will Spook Global Investors and Unsettle Oil Markets
Outside the kingdom. the impact will be felt in business. finance and oil markets.
Read More »Is Saudi Arabia Lying about Its Oil Inventories?
Orbital satellite data suggests that Saudi Arabia’s crude oil inventories have risen slightly since early 2016.
Read More »Oil Tycoons Make Billions in Saudi Purge
Other analysts say the actions by MBS could undercut one of his own top priorities.
Read More »UK Hands World`s Largest Oil Company Saudi Aramco $2bn Loan to Secure IPO
The Saudis are considering a listing on the London Stock Exchange but ministers in Japan. China and the US are also pushing for their own exchanges to be considered.
Read More »Brazil Rejects Saudi Arabia`s Overtures on Oil Output Cuts
OPEC meets at the end of this month and has been widely expected to extend the deal.
Read More »Aramco Board Targeted In Anti-Corruption Crackdown
The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
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