Tag Archives: Saudi Arabia

Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.

Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.

The geopolitical reality in the Middle East is changing dramatically.

Russia’s rise came as U.S. policy makers grew preoccupied with Asia. and the American public tired of Middle East wars – something both Obama and Trump acknowledged.

Twenty-five more projects in various economic sectors are currently being studied. Russian Minister of Energy Alexander Novak said.

The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.

Vladimir Putin hopes first official trip by Saudi monarch to Moscow will seal powerful new alliance centered on oil and conflicts in the Gulf states.

Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.

Given PCG’s strength in the region’s petrochemicals sector. Saudi Aramco is proud to be entering into a deeper. mutually beneficial partnership in PIC.

In this context. the IPO of Aramco becomes even more essential for Prince Mohammed’s diversification plans.