Saudi Arabia

Saudi Arabia has unveiled plans to build a zero-carbon, hyper-connected city in a 170km straight line that will “reimagine and revitalise the future of urban living”. The Line, located in the kingdom’s Neom development, will be a…

Saudi energy minister, Prince Abdulaziz bin Salman has warned OPEC+ compliance laggards, saying that failing to execute pledged production cuts was undermining the alliance’s efforts to rebalance the oil market. “Repeated promises that…

Oil prices fell by more than 1% on Monday after touching their lowest points since July as Saudi Arabia made the most profound monthly price cuts for supply to Asia in five months and hopes about demand recovery faded amidst the corona…

Pita Ochai Nigerian government has expressed willingness to go along with Saudi Arabia in the initiative to limit oil output to push up prices in the global market. While receiving the Saudi Arabian minister of state for African Affairs…

The Organisation of Petroleum Exporting Countries has urged its member nations, not to mention oil prices when discussing policy in a break from the past, as the oil-producing group seeks to avoid the risk of US legal action for…

Abu Dhabi, UAE – 11 November 2017 – Saudi Aramco is expected to send its biggest ever delegation to this week’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), as Middle East national oil companies (NOCs) establish new…