Reports: Potential Deal for New Saudi Investment in U.S. Energy Sector

Saudi Arabia’s energy minister Khalid Al Falih announced on Tuesday plans to develop the country's gas resources and extending a grid to UAE, Oman and Kuwait.
Saudi Arabia is reportedly eyeing an investment in U.S. liquefied natural gas (LNG) in what would mark a "sea change in the energy flows between the U.S. and Saudi Arabia," the Wall Street Journal reported Tuesday citing unnamed sources.

Saudi Arabia

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Oil and Gas

Saudi Arabia to announce slight rise in oil, gas reserves after audit

Saudi Arabia is expected to announce a slight rise in its crude oil and gas reserves on Wednesday after being independently audited, according to a ...


Debt Finance

Saudi Arabia’s New Bond Sale Will Entice Investors

Saudi Arabia is back with another bumper bond issue, launching new 10-year and 31-year paper. It’s the first real test of investor demand since the ...


Saudi Aramco

Saudi Arabia Edges Toward Bet on Booming U.S. Energy Sector

“One reason is the geopolitical aspect of how to keep the U.S. close and maintain the strategic relationship, and secondly they see LNG as diversifying, ...


John Abizaid

Our man in Riyadh: U.S. needs Gen. John Abizaid as Saudi envoy

The post has been vacant since January 2017, when President Barack Obama's representative, Joseph Westphal, departed. ...



Desalination Creating Toxic Brine Pollution in Saudi Arabia

Saudi Arabia isn’t just the world’s top crude oil exporter. It’s also the biggest producer of a toxic effluent that’s the byproduct of slaking the ...



Nasdaq Dubai plans Saudi index launch after introducing kingdom’s equity futures

Nasdaq Dubai plans to add this year trading on a Saudi index to its list of products after launching Saudi equity futures, its first single ...



New work visas for two years without additional fees

The Ministry of Labor and Social Development (MLSD) has launched an initiative to extend new work visas for two years instead of one year, without ...


Religious Tourism

30 million pilgrims ‘will visit Saudi Arabia by 2030’

Under the agreement, Flynas, the country’s budget airlines, will be able to tailor travel packages for pilgrims through the Hajj Ministry’s central booking system. ...


AFC Asian Cup

Juan Antonio Pizzi delighted to see Saudi Arabia get Asian Cup campaign off to winning start

The three-time continental champions kicked off their Group E campaign with a convincing 4-0 win at Dubai’s Rashid Stadium. Their plight was helped somewhat by ...



Six killed and one arrested in security operation in Saudi Arabia’s al-Qatif region

Six people were killed and one arrested in a security operation in Saudi Arabia’s eastern Al-Qatif region on Monday, the state news agency reported on ...


Rahaf Al-Qunun

UN ‘considers Saudi woman a refugee’

Refugee status is normally granted by governments, but the UNHCR can grant it where states are "unable or unwilling to do so", according to its ...


Saudi +

Regional and related topics

Global Economy

World Bank cuts forecast for world economic growth in 2019

In a report titled "Darkening Skies," the anti-poverty agency said Tuesday that it expects the world economy to grow 2.9 percent in 2019, down from ...


U.S. Foreign Policy

U.S. Secretary of State Pompeo meets troops and officials in Iraq

U.S. Secretary of State Mike Pompeo met American troops and political leaders in Iraq on Wednesday to reassure them about a U.S. military withdrawal from ...


Banking and Finance

Why Gulf Banks Are Merging Like Never Before

Lenders in the Persian Gulf have been rapidly consolidating as they seek to stay competitive in an era of lower oil prices. Saudi Arabia’s biggest ...



Perspective: John Bolton’s Syria Snafu Reminds Oil Trump’s A Risk

Trump’s unpredictable policy and personnel swings make dangerous misunderstandings more likely. ...


Anthony Zinni

US envoy tasked with resolving GCC crisis resigns

Zinni told CBS News he was unable to resolve the issue "because of the unwillingness of the regional leaders to agree to a viable mediation ...


War in Yemen

U.N. chief wants to deploy up to 75 truce monitors to Yemen

United Nations Secretary-General Antonio Guterres has asked the Security Council to approve the deployment of up to 75 observers to Yemen’s port city of Hodeidah ...


Trump Foreign Policy

Perspective: Withdrawing From Syria Leaves a Vacuum That Iran Will Fill

Indeed, according to Bolton, the administration’s preconditions for withdrawal have to do with the Kurds and ISIS: the national security advisor made no mention of ...



Did Iran plot four attacks in Europe? The Dutch government thinks so.

The European Union imposed sanctions on Iran’s intelligence ministry and two Iranian nationals on Tuesday as the Dutch government accused Iran of likely involvement in ...


U.S. Congress

Democratic senators block Middle East bill over shutdown

The vote -- the first roll call of the new session -- came on a package of bipartisan bills related to US support for Israel ...



New documents link Huawei to suspected front companies in Iran, Syria

The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centers on the company’s suspected ties ...


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