Saudi Arabia said it was flexible regarding the extension of a deal between OPEC, Russia and other producers on cutting oil supplies until the end
Tag: Saudi Arabia
The Untapped Potential of Renewables in the MENA Region
Renewable energy has been promoted all around the world on the grounds of cost reduction, increasing energy demand, and socio-economic benefits. The region of the
Between a Rock and a Hard Place: For OPEC, the Struggle is Real
Eckart Woertz (Barcelona Center for International Affairs – CIDOB) In December last year, OPEC’s three largest oil producers managed to find common ground on the
Doha Under Arab Boycott: Qatar’s Potash Exports Unaffected by Diplomatic Row
Norway’s Yara International said that Qatar fertilizer exports from Qatari producer Qafco would be unaffected by a regional diplomatic row that saw major Gulf economies
Saudi Arabia to Sign Deals with 12 US Companies During President Trump’s Visit
Saudi Arabia is going to sign contracts with 12 American companies on the upcoming Saturday (20 May) during the official visit of President Donald Trump,
Market Update: Another 9 Months of Oil Production Freeze Approved
Saudi Arabia and non-OPEC Russia have decided to extend production cuts by another 9 months till March 2018 with the aim to tame the global
No Exception for Exxon to Drill in Russia as OPEC Extends Output Freeze
The Organization for Petroleum Exporting Countries (OPEC) has decided in favor of an oil output freeze extension. The cartel would extend the global deal to
Market Update: Iraq to Fully Comply with OPEC Production Freeze
Iraq has pledged to fully comply with the agreement to cut oil supply in order to prop up crude prices, OPEC Secretary General Mohammed Barkindo
Saudis Sign a Fertilizer Supply Deal with Bangladesh
The Saudi Arabian Mining Company (Ma’aden) signed a phosphate fertilizer supply contract with the Bangladesh Agricultural Development Corporation (BADC). The contract was signed in Riyadh
Market Update: Asia Ready for a Major Refining Capacity Increase
Asia will add the biggest amount of net refining capacity in three years in 2017, further boosting demand for oil in the world’s biggest and