Saudi Arabia Names New Energy Minister, Appointing Royal with Deep OPEC Experience

Saudi Arabia has named a new energy minister in Prince Abdulaziz bin Salman, a son of King Salman and older half brother of Crown Prince Mohammed bin Salman, to replace Khalid Al-Falih.

Saudi Arabia

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Abdulaziz Bin Salman

New Saudi energy minister: a royal with decades of experience in OPEC cuts

Known in the industry as a good negotiator, Prince Abdulaziz has long experience in cutting deals within the Organization of the Petroleum Exporting Countries (OPEC) ...


U.S.-Saudi Relations

Saudi Arabia’s crown prince meets US senators

Saudi Arabia’s Crown Prince Mohammed bin Salman met in Jeddah on Sunday with Todd Young, a member of the US Senate’s Foreign Relations Committee, and ...


Nuclear Energy

Saudi Arabia wants to enrich uranium for nuclear power: energy minister

Saudi Arabia wants to have uranium production and enrichment in future for its planned nuclear power program that will begin with two atomic reactors, the ...


Abdulaziz bin Salman

Saudi king replaces energy minister, naming one of his sons

Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the ...


World Energy Congress

New Saudi oil minister to play key role at Abu Dhabi energy congress

“If I had to count the world’s top five experts on the global oil market, he would be one of them,” Anas Al-Hajji, an independent ...


Saudi Aramco IPO

JP Morgan expected to win lead role in biggest-ever IPO: Saudi Aramco

J.P. Morgan Chase is close to winning the lead advisory role for the initial public offering of Saudi Aramco, according to people familiar with the ...


Saudi Aramco

Aramco, Ministry Reshuffle Highlight Role of Oil Giant in Saudi Economic Transformation

The ministerial moves and restructuring of Aramco have logic. But to be effective, they need to keep the oil sector healthy while invigorating the other ...


Yasir Al-Rumayyan

Saudi Banker’s Rise to Top Aramco Job Tracks Prince’s Ascent

Any doubt that Yasir Al-Rumayyan belonged to Crown Prince Mohammed bin Salman’s innermost circle was removed when a photo of them went viral in December ...


Saudi Stock Market

Saudi Tadawul expects $3 bln additional inflows from FTSE inclusion – chairwoman

“Foreign investors ownership percentage is now at 8.3%, that is 76% growth year-to-date. Additionally, Saudi market performance year-to-date has been positive at 4.8% growth while ...


Yemen Civil War

UAE, Saudi Arabia issue new joint statement on Yemen

In a joint statement, the governments of both countries said that they have been working in close coordination with various parties to implement a ceasefire. ...



Justice Department considering releasing name in Saudi Arabia 9/11 lawsuit

Attorney General William Barr faced a Friday deadline to decide whether the Justice Department would release the name, which was redacted from a 2012 FBI ...


General Authority for Military Industries

Saudi Arabia launches military industrial licensing programme

The General Authority for Military Industries (GAMI) will license companies to manufacture firearms, ammunition, military explosives, military equipment, individual military equipment, and military electronics, state ...



Saudi companies win contracts for workers’ housing in NEOM

Saudi authorities have started building accommodation in certain areas in NEOM that will house workers helping to build the new megacity. Contracts have been awarded to ...


Saudi +

Regional and related topics

Taliban Talks

Secret Taliban peace talks at Camp David floated, scrapped within a week, U.S. officials say

Pompeo said Sunday that the Afghanistan peace talks were dead for now, but he left the door open for negotiations to resume. ...



Iran nuclear deal collapse continues as International Atomic Energy Agency confirms new centrifuges today

The International Atomic Energy Agency said its inspectors verified new centrifuges, including 30 advanced IR-6 and three IR-6s models, had been or were being installed ...


Iran Sanctions

U.S. will sanction whoever purchases Iran’s oil: official

Iran’s crude oil exports were slashed by more than 80% due to re-imposed sanctions by the United States after President Donald Trump exited last year ...



‘Air strikes’ hit Iran-backed forces near Iraq border

Warplanes have struck positions of Iran-backed militias near Syria's border with Iraq, activists say. The Syrian Observatory for Human Rights, a UK-based monitoring group, said at ...



To set up ‘safe zone,’ US wades into muddled Syria politics

U.S. flags fluttered on the back of coalition armored vehicles as they whizzed past tiny hamlets in northeastern Syria. Once part of the sprawling territories ...



Landmark Israel-Egypt Energy Alliance Hits Snags

A landmark 2018 natural-gas deal between Israel and Egypt faces legal challenges and concerns about security threats from Islamic State, casting uncertainty over a pact ...



Qatar shortlists partners for North Field expansion, but says it may go it alone

Qatar has shortlisted international oil firms for a stake in its expanded North Field megaproject, Qatar Petroleum’s chief executive told Reuters, but may still choose ...



Charity Ship Rescues 50 African Migrants in Sea off Libya

A charity ship run by humanitarian groups in the Mediterranean spent a rainy Sunday searching open waters for a fragile rubber boat overloaded with migrants ...


Latin America

Oil’s Next Big Boom: Video

Mexico and Venezuela have long been the oil powerhouses of Latin America. But with political uncertainty and market volatility mounting, a new generation of oil ...


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