Iran has around $50 billion in oil and gas projects in the works. Following the resumption of relations between Iran and Saudi Arabia, the latter is looking to invest in Iran’s hydrocarbon industries. Saudi Arabia […]
The Israeli tourism minister has travelled to Saudi Arabia for a United Nations conference, his office said, describing the visit as the first public trip to the country by an Israeli cabinet member. Haim Katz’s […]
Tehran, Iran – The rapprochement between Iran and Saudi Arabia has led to profound changes beyond the borders of both regional powers. Tehran has normalised relations with several other countries, and efforts are under way […]
Saudi Crown Prince Mohammed bin Salman has said his country is moving closer to establishing relations with Israel, and warned that if Iran gets a nuclear weapon then Riyadh will get one too. In a wide-ranging interview […]
The trading arm of French supermajor TotalEnergies is gobbling up U.S. crude, pushing WTI crude for delivery at Cushing to its highest premium since November, Bloomberg has reported, citing unnamed sources. Dubbed Atlantic Trading and Marketing […]
Houthi negotiators left Riyadh after a five-day round of talks with Saudi officials on a potential agreement that could pave the way to an end to the conflict in Yemen, sources familiar with the meeting […]
NewsOil and Gas The United States is “in regular contact at senior levels with Saudi Arabia about ensuring a stable and affordable supply of energy to global markets”, National Security Advisor Jake Sullivan says. The […]
Via The Cradle, US weapons maker RTX, formerly known as Raytheon Technologies, scrubbed a multibillion deal with Saudi firm Scopa Defense earlier this year over “concerns” that the latter was pursuing business with sanctioned Russian […]
The U.S. and Saudi Arabia are in talks to secure metals in Africa needed for both countries’ energy transitions, as the White House tries to curb China’s dominance in the electric-vehicle supply chain and the kingdom looks […]
Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason: Saudi Arabia and Russia said they would extend their oil […]
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