According to a new Bloomberg report, Saudi state energy giant Aramco has raised the price of crude oil sold to the US in November by 20 cents, even as it kept the selling price to […]
The president blunders from one self-inflicted crisis to the next. President Joe Biden was outraged on October 5 when the oil-and-gas cartel OPEC+ announced that it would cut production by 2 million barrels of oil per day. He […]
CNBC’s Brian Sullivan sits down with Saudi Arabia’s Prince Abdulaziz bin Salman to discuss the decision from OPEC+ to cut oil production, a move that has sparked intense criticism from the White House. […]
Energy analysts believe deep production cuts from OPEC+ could yet backfire for U.S. ally Saudi Arabia. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by […]
With Africa seeking to maximize the exploitation of its entire resource base including oil, gas, coal and renewable energy for a secure and sustainable energy mix that will support the continent’s efforts to accelerate electrification […]
Germany has approved a string of new arms deals with Saudi Arabia. The weapons export deals come at a time when Germany is scrambling to boost relations with energy exporting countries. The loss of Russian […]
Aramco president and CEO Amin Nasser highlighted the need for a much more credible energy transition plan, as he delivered a keynote speech at the Schlumberger Digital Forum. During the event, he stressed the importance […]
(Bloomberg) — Saudi Arabia told OPEC that it raised its crude production to just over 11 million barrels a day last month, exceeding the symbolic level for the first time in two years as the […]
Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy, the International Energy Agency (IEA) said in its latest report. In its World Energy Employment Report, […]
DUBAI: Saudi Arabia’s $620 billion sovereign wealth fund is expected to tap international debt markets for a debut green bonds issue as soon as next week, five sources familiar with the matter told Reuters. The Public Investment […]
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