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HomeSaudi Arabia

Saudi Arabia

Aramco
Crude Oil News

Aramco Discovers 2 New Unconventional Gas Fields

December 2, 2022 Mariel Alumit

Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, announced that Saudi Aramco has discovered two new unconventional natural gas fields in the eastern region, the Saudi Press Agency (SPA) reported this week. […]

Oil
Crude Oil News

Oil Analysts Are More Divided Than Ever

December 2, 2022 Mariel Alumit

1. Oil Analysts Diverge Ahead of OPEC Meeting – OPEC+ will meet this Sunday to discuss its production targets for January 2023, amidst a widening discrepancy between oil market watchers as to what we should be expecting […]

Saudi Arabia
International News

Saudi Arabia, Iraq to Complete Steps for Cooperation in Gas, Renewable Energy

November 28, 2022 Mariel Alumit

Saudi Arabia and Iraq have agreed to complete work on a number of important joint projects in the fields of gas, petrochemicals, electricity and renewable energy, and to intensify communication between them to discuss more […]

Saudi
Aljazeera International

Saudi Arabia stun Argentina with inspired second-half performance

November 22, 2022 Mariel Alumit

NewsQatar World Cup 2022 Saudi Arabia shocked Argentina with two second-half goals to beat one of the pre-tournament favourites in their opening World Cup match on Tuesday, marking the first upset of the 2022 edition […]

Saudi
Crude Oil News

Saudi energy minister denies output increase discussion -state news agency

November 21, 2022 Mariel Alumit

DUBAI, Nov 21 (Reuters) – Saudi Arabian energy minister Prince Abdulaziz bin Salman said the kingdom is not discussing a potential oil output increase with other OPEC oil producers, state news agency SPA reported, denying […]

A flame from a Saudi Aramco oil installation known as “Pump 3” burns brightly during sunset in the desert near the oil-rich area Al-Khurais.
Crude Oil News

Saudi Arabia’s “Green New Agenda” Doesn’t Include Cutting Oil Production

November 19, 2022 Mariel Alumit

The world’s biggest petroleum exporter, a country built with oil money, and a founding member of the most powerful oil cartel on Earth, is now styling itself as a pioneer of climate change solutions. At […]

Crude Oil News

Oil War: Saudi crown prince courts Asia amid row with Washington

November 16, 2022 Mariel Alumit

RIYADH: Saudi Arabia’s powerful crown prince has embarked on a multi-stop Asian tour, shoring up the Gulf nation’s ties with its biggest energy market and signalling growing independence from Washington amid a bitter row over oil […]

Saudi Arabia
Renewables Not Sustainable

COP27: Saudi Arabia targets Europe, Asia-Pacific in global hydrogen push

November 16, 2022 Mariel Alumit

Saudi Arabia has set its sights on becoming a global supplier of renewable and low-carbon hydrogen, configuring production standards to meet market requirements in both Europe and the Asia-Pacific region, the energy ministry’s head of […]

Arabia
Crude Oil News

Washington’s Oil Supply Spat With Saudi Arabia Could Backfire

November 15, 2022 Mariel Alumit

Three weeks ago, President Joe Biden threatened Saudi Arabia with “consequences” after OPEC+ decided to cut production. Turkey’s Foreign Minister Mevlut Cavusoglu, for instance, called Biden’s behavior towards Riyadh “bullying”. Saudi Foreign Minister Al-Jubeir has […]

BRICS
Finance

The New Candidate Countries For BRICS Expansion

November 10, 2022 Mariel Alumit

If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population and in control of 60% of global gas reserves.    […]

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