Saudi Crown Prince, US Secretary of Defense discuss troop deployment

Saudi Crown Prince, US Secretary of Defense discuss troop deployment

:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »

Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity

Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity

:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »

Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism

Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism

:: Egypt’s foreign ministry spokesman, Ahmed Hafez, slammed Turkish President Recep Tayyip Erdogan’s statements at the UN General Assembly this week where he urged the UN to “handle the suspicious death of More »

Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts

Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts

:: Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday that the attacks on Saudi Aramco oil facilities are a test of international resolve in the face of destructive acts that More »

Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’

Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’

:: Saudi Arabia’s Crown Prince Mohammed bin Salman said the recent attacks on Saudi Aramco facilities represented a “dangerous escalation not only toward the Kingdom but also the entire world.” The Crown More »


Tag Archives: ENERGY

Saudi Arabia hopes to start nuclear pact talks with U.S. in weeks

:: Saudi Arabia aims to start talks with Washington within weeks on an agreement to allow U.S. firms to participate in its nascent civilian nuclear energy programme, with the first tender expected in 2018, the kingdom’s energy minister said on

Saudi King receives US Secretary of energy

:: King Salman bin Abdulaziz Al Saud received at Al-Yamamah Palace United States Secretary of Energy Rick Perry. At the outset of the reception, the Secretary conveyed to the King and the Crown Prince the greetings of President Donald Trump

US firms invited to bid for Saudi nuclear plants

Khalid Al-Falih

:: Saudi Arabia has invited US firms to take part in developing its civilian nuclear power program, Energy Minister Khalid Al-Falih said on Monday, adding the Kingdom was not interested in diverting nuclear technology to military use. Reuters has reported

Oil prices gain after OPEC extension of output cut

:: Oil futures rose on Friday after OPEC and other major producers agreed to extend their production curbs in a widely expected move aimed at ending a persistent glut in global supplies. The Organization of the Petroleum Exporters (OPEC) and

Saudi’s Al-Falih says global oil market improving, stabilizing

:: The global oil market is improving and stabilizing, Saudi Oil Minister Khalid Al-Falih said in Baghdad on Saturday. In a speech at the opening of the Baghdad International Exhibition, Al-Falih praised the cooperation between Iraq and Saudi Arabia, which

2000 mining licenses in Saudi Arabia worth $66 billion

:: The Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz al-Falih said that 2000 mining licenses have been provided to the private sector with a total value on of $66 billion in Saudi Arabia.. “The number of

Lukoil to maintain oil production, investments outside Russia

:: Lukoil plans to keep pumping 100 million tons of oil per year between 2018 and 2027 with projects outside Russia and will keep annual investment at $8 billion (SR30 billion)-$8.5 billion, the chief executive said on Saturday. Lukoil, Russia’s

DEWA announces winning tender for world’s largest solar project

Sheikh Mohammed bin Rashid

:: The Dubai Electricity and Water Authority (DEWA) has announced the winning tender for the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site concentrated solar power project in the world. DEWA awarded the tender

Atomic program to contribute to Vision 2030: Energy minister

Khalid Al-Falih

:: The National Atomic Energy Program will be a strong pillar in achieving Vision 2030, said Khalid Al-Falih, energy minister and chairman of King Abdullah City for Atomic and Renewable Energy (KACARE). The program aims to diversify energy sources and

Saudi’s SABIC ‘very positive’ on 2017 despite oil market uncertainty

:: Saudi Basic Industries Corporation (SABIC) is “very positive” about 2017 despite global challenges, its chief executive said on Tuesday. Yousef Abdullah al-Benyan told reporters in Riyadh the firm was monitoring the global situation, but it was difficult to predict

Some 1.6 mln still powerless in US Southeast after Hurricane Matthew

The number of homes and businesses without power after Hurricane Matthew pummeled the US Southeast’s Atlantic coast over the weekend dropped to almost 1.6 million by Sunday night after the storm moved out to sea, according to local electric companies.

One killed in Canadian oil plant accident

One person was killed and another injured following an explosion at an oil sands plant in western Canada, the Canadian subsidiary of the Chinese company CNOOC said Friday. Canada-based Nexen Energy ULC did not give a reason for the Friday

Saudi concerned over anti-Muslim, refugee rhetoric

King Salman

King Salman bin Abdulaziz Al Saud chaired the Cabinet’s session at Al-Yamamah Palace in Riyadh on Monday afternoon. According to SPA: – The Cabinet reviewed the latest developments in the region and the world, and the results of regional and

Mining sector’s job potential for Saudi youth highlighted

Job opportunities for Saudi youth and technology innovation for diversified industrial development were in focus on the second day of the Saudi Mining and Minerals 2015, here on Wednesday. The event, the first international mining and minerals conference and exhibition

Japan, Turkmenistan sign $18bn energy deals

Japan and Turkmenistan have signed deals worth over $18 billion on a package of projects in the energy-rich central Asian nation, which has become an important supplier of natural gas to China. Turkmenistan holds the world’s fourth-largest reserves of natural

South Africa looks to buy Iraqi crude to boost supply security

South Africa’s Strategic Fuel Fund (SFF) is seeking to import 24 million barrels of oil a year from Iraq to boost its reserves in what would be South Africa’s first crude imports from Baghdad for more than a decade, an

Pakistan and Russia sign gas pipeline agreement

Pakistan and Russia signed an agreement on Friday to build a gas pipeline stretching hundreds of kilometers from Karachi on the Arabian Sea to the eastern city of Lahore. Russian Energy Minister Alexander Novak and Pakistan Petroleum Minister Shahid Khaqan

Russia’s Rosatom says Egypt nuclear talks in final stages

Russia’s state-owned nuclear firm Rosatom is in the final stages of talks for a contract to build a nuclear power plant in Egypt, a senior official of the company said on Wednesday. Anton Moskvin, Rosatom Overseas vice president, said that

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