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Recent stories from sustg
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Lydia Ko Wins Aramco Saudi Ladies International by Five Shots
Lydia Ko shot a 65 in the final round on Sunday of the Aramco Ladies International to win the tournament by five strokes. Ko shot a 63 on Saturday to take a four stroke lead going into the final day of the tournament, tying the course record and helping her achieve a winning score of 23 under […]
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Will Oil Reach $100?
In June, Bank of America forecasted that oil may reach $100 by sometime in 2022 on surging demand and a rebounding global economy. At the time, the Charlotte, NC-based bank was the most bullish of the major forecasters for a return to triple digits by 2022.
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Mashable Review: ‘The Lucid Air is the Future of Cars’
Lucid Group, Inc., the electric car maker backed by Saudi Arabia’s Public Investment Fund (PIF), recently gave a sneak peak of its forthcoming Lucid Air Dream Edition to a small group of media representatives at its main factory in Casa Grande, Arizona. One of those media people, Chris Taylor from Mashable, gave the car a […]
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Oil Drives Exports Rebound in July 2021 after Pandemic Year
Saudi Arabia’s exports continued to show signs of a rebound, with total exports rising 79.6% in July 2021 versus the same month last year when the global pandemic choked international trade and oil prices remained lower.
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SABIC, Exxon Mobil JV on Gulf Coast Prepares for Initial Startup – Report
Saudi petrochemicals firm SABIC said on Sunday its joint venture project with ExxonMobil in the U.S. Gulf Coast has started commissioning activities and preparing for an initial startup, according to Reuters.
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Saudi Arabia Re-Allows Entry From and Travel to UAE, Argentina and South Africa – SPA
Saudi Arabia removed the United Arab Emirates, Argentina and South Africa from its entry banned country list and re-allowed citizens to travel to the three countries starting Sept. 8, Reuters reports, citing state media. The decision comes just weeks before Dubai is set to host the Dubai Expo 2020 trade fair.
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C3 U.S.-Arab Healthcare and Business Summit Returns September 20-21 with In-Person Conference in New York
The C3 U.S.-Arab Healthcare and Business Summit will return to a live, in-person conference format this September 20-21 in New York City as the event focuses on the impact of innovation, investment and global cooperation on healthcare and business.
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Saudi Aramco Confirms Data Leak, Says Systems Not Breached and Reaffirms ‘Robust Cyber Security Posture’
Saudi Aramco said on Wednesday that some of its company files had been leaked via a contractor, but that its cyber security posture remained “robust” and said that its systems were not compromised, according to reports and a statement from the company.
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Crown Prince Mohammed bin Salman, UAE’s Sheikh Mohamed bin Zayed Meet in Kingdom
The Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed visited Riyadh on Monday on an official visit to the Kingdom to meet with Crown Prince Mohammed bin Salman and discuss bi-lateral relations amid recent differences on energy and foreign policy.
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IEA: Lack of Agreement in OPEC+ Means Volatility, Tightening Market
The oil market will see tighter supply for now as a dispute inside OPEC+ between Saudi Arabia and the UAE goes unresolved, according to a new report from the International Energy Agency (IEA). World oil markets are on edge with OPEC+ negotiations to boost supply now in deadlock, and after initially surging to multi-year highs in early […]
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MUST-READS
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ISIS or the Kurds? Some Arabs wonder which is worse
In other words, it's a Kurdish armed force with a multi-ethnic façade, and the Arabs of Raqqa could well be worried about their intentions in a post-ISIS Syria.
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Cartel or talking shop? OPEC awaits Saudi ruling
As a historic reminder, OPEC last decided to change output in December 2008, when it cut supply amid slowing demand due to a global financial crisis. Between 1998 and 2008, OPEC made 27 changes to output.
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How Will Saudi Arabia Revamp its Education System?
Because of outdated school curricula, ineffective teaching methods and low education standards, one aspect of the vision that will require extensive improvements is in the field of education.
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Oil mystery: How close is Saudi Arabia to maxing out production?
Skeptics point to the fact that rig counts in Saudi Arabia have tripled over the past decade -- even though output hasn't gone up nearly as much. At the same time, Saudi stockpiles of oil have declined by around 30 million barrels since October 2015.
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Is the Iran deal unraveling? Think again.
Are the wheels coming off the Iran deal? Less than a year after Iran, America, and five other world powers inked a comprehensive nuclear accord, a debate over its terms has erupted anew.
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Are movie theatres coming to Saudi Arabia?
Staging public screenings of films in cinemas has been rumoured for years. Malls, since about 2004, have been constructed with extra space — now used for bowling alleys and indoor go-kart tracks — to be transformed when cinemas are allowed to open.
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A new era for Saudi Arabia?
If expectations are built up that it will work out and it does not then there could be real problems inside the country, especially with the youth.
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Who in Libya will the U.S. send weapons to? It’s complicated, says a top general.
The top U.S. general overseeing American military operations in Africa said Tuesday that while Washington is considering sending weapons to Libya to fight the Islamic State, doing so will require taking cues from a fledgling unity government that is still struggling to establish support at home.
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Audio: What will Falih’s appointment mean for US-Saudi energy relations?
Saudi Arabia last week made a change in its oil leadership, naming former Saudi Aramco CEO Khalid al-Falih to the post of energy minister, replacing the long-serving Ali al-Naimi. Naimi, who regularly moved markets with his pronouncements on oil supply and demand, had been in charge of Saudi oil policy for 23 years. But the appointment of Falih heralds a new era, in which Saudi Deputy Crown Prince Mohammed bin Salman has taken firmer control over energy policy with visions of diversifying the kingdom-s economy and weaning it off of oil wealth.
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What lessons can Saudi contractors learn from SBG?
In an e-mailed statement, he explained: “Our manpower size is always proportional to the nature and scale of the undertaken projects, along with the time spans required to complete them. Adjusting the size of our manpower is a normal [and] routine [activity], especially whenever projects are completed or near completion.
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