Saudi Arabia is seeking investment from Australian miners to support its $170-billion plan to build a mining industry and diversify its oil-dependent economy this decade. The kingdom says it’s sitting on top of $1.3 trillion […]
(Reuters) The United States is concerned about threats from Iran against Saudi Arabia and will not hesitate to respond if necessary, a White House spokesperson stated. “We are concerned about the threat picture, and we […]
With oil prices set to soar after the midterms as the SPR drain ends and markets no longer have desperate democrats to help fulfill their immediate energy needs, moments ago the WSJ unveiled another potential […]
Saudi Arabian state oil producer Aramco beat forecasts on Nov. 1 with a 39% jump in third-quarter net income and reported record free cash flows, joining rivals in benefiting from higher prices and robust demand. Aramco’s net income rose to $42.4 billion for the three months to Sept. 30 from […]
Irina Slav is one of the great international writers and experts across the globe. I am lucky enough to have talked with Irna quite a few times. Every time is fun! In this episode, we […]
Saudi oil and gas giant Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support “a stable and inclusive” energy transition. Aramco disclosed the creation of “one of the world’s largest […]
Since Russia invaded Ukraine eight months ago, Western governments supportive of Kyiv tend to speak about the war in black-and-white terms with little sympathy for countries hovering between the West and Moscow. The leadership of […]
Saudi Arabia’s Crown Prince Mohammed bin Salman will not attend an upcoming Arab summit in Algeria in compliance with doctors’ recommendations to avoid travel, the Algerian presidency has said. Saudi Arabia offered no immediate acknowledgement […]
Turkey accused the United States of bullying its ally Saudi Arabia after OPEC+ producers announced major oil production cuts despite American objections. OPEC+ announced recently it would produce two million barrels of oil less a day […]
RIYADH: Saudi Arabia is planning to issue new bonds and sukuk denominated in US dollars while offering their holders the opportunity to acquire existing notes in exchange for cash. The price guidance for the new […]
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