Tagged With Saudi Arabia
Russian crude displacement impacts Mideast producers
26 May 2022
Flows of Urals crude to Asian importers—in particular India—have spiked since Russia’s invasion of Ukraine, according to price reporting agency GX
Aramco hits fresh financial highs
17 May 2022
The Saudi oil behemoth is funnelling record earnings into domestic upstream
PNZ gas project sparks Tehran’s ire
3 May 2022
Kuwait and Saudi Arabia’s domestic scarcity has driven the formal revival of longstanding plans to tap the shared Dorra field
Gulf oil producers dust off costlier projects
19 April 2022
The market upswing is driving investment in untapped reserves and field redevelopments previously considered commercially unviable
Letter from the Middle East: Buyers call for more
29 March 2022
Western countries want Mideast Gulf producers to boost output, but the options are limited
Aramco ready to splash cash upstream
25 March 2022
Soaring annual profits to be channelled into unapologetic expansion of output capacity
Opec’s swing producers to stick to deal
25 February 2022
Opec’s top producers are unlikely to deviate from an agreement that has brought market stability and buoyed prices
Russia, Saudi Arabia and the US – what next for oil markets?
31 January 2022
The impact of a breakdown in Russo-US relations is much more nuanced in liquids than in gas
Aramco opens wallet
10 January 2022
Soaring revenues have enabled awards on two flagship upstream projects as efforts to recycle the windfall in-Kingdom intensify
Purple patch for Muscat’s chemicals ambition
4 January 2022
The commissioning of Oman’s largest petrochemicals plant has coincided with Saudi Arabia’s potential rescue of an even bigger one
Meeting the oil and gas supply gap
20 December 2021
The world has no lack of recoverable oil and gas resources. But where they will come from in the future will change
Letter from the Middle East: Gas businesses see swift evolution
7 December 2021
Self-sufficiency targets and opportunities to shift to renewables are driving big upsurge in gas production
Aramco’s domestic petchems path remains bumpy
2 December 2021
The firm still faces challenges balancing economics with politics
Kuwait on defensive over capacity decline
8 November 2021
KPC chief claims remediation is just around the corner, but his assessment appears improbably upbeat
Oil’s finest hour still to come
1 November 2021
Chemicals represent both an economic and environmental boon in the energy transition, according to Saudi Arabia’s Sabic and PIF
Saudi Arabia and Iraq could join the LNG export party
12 October 2021
In the longer term, the two Gulf heavyweights may become gas exporters. But Egypt’s return to the table could be in doubt
Giant oil and gas discoveries may prove irrelevant
5 October 2021
The energy transition is increasing the risk of huge discoveries becoming stranded indefinitely
UAE and Saudi Arabia to put differences behind them
3 August 2021
An understanding that the Opec partners are better working together appears likely to keep the peace
Opec faces longer-term challenges
2 August 2021
The organisation may have smoothed over the cracks this time. But the UAE’s very public dissent may be just the first sign of things to come
Saudi Arabia’s different drivers bode ill for Opec+ unity
6 July 2021
The Kingdom has a radically divergent perspective on both the short- and long-term oil market. And that could mean the cracks in the cartel only getting wider
Oil traders focus on fundamentals, not geopolitics
7 June 2021
Tolerance for perceived political risk has expanded, but such complacency could be dangerous
Letter from the Middle East: Green shoots of recovery
27 May 2021
There are many reasons to be cheerful across the Mena oil and gas patch
Saudi Arabia looks positively to the future
18 May 2021
The president of Riyadh-based thinktank Kapsarc sees the Kingdom as well-positioned for the industry changes to come
Aramco resumes upstream action
11 May 2021
Oil market recovery is financing a cautious renewal of spending on core domestic projects
Letter from the Middle East: Saudi Arabia ponders oil privatisation
11 May 2021
The Kingdom is weighing up a potential midstream asset sale following an innovative funding move in the UAE
Opec+ confounds market with three-month cuts easing
1 April 2021
The group had been widely anticipated to keep the prior agreement in place, but a rapidly agreed deal will see cuts relaxed through the summer
Aramco rolls with the Covid punches
23 March 2021
The Saudi heavyweight posts an eye-watering drop in profits but pays its dividends and remains in the black
Biden plans Mid-East Gulf shake-up
8 February 2021
US diplomatic goals, if achieved, will impact the Iranian, Saudi and Yemeni energy sectors
Saudi strategy runs deeper than cuts
2 February 2021
Saudi Arabia’s production restraint may boost prices in the short term, but it may also assure the Kingdom greater market control in the longer term
Letter from the Middle East: Qatar rapprochement could bring gas benefits
28 January 2021
Greater GCC harmony might offer an opportunity to untangle some of the Middle East’s notoriously illogical gas dynamics, but LNG looks more promising than pipelines
Saudi steps back to move forward
21 January 2021
Unilateral production cuts and reconciliation with Qatar may look like a full retreat from longstanding policy positions. But they may yet prove smart tactical moves
Opec+ power shift points to lower crude price paradigm
18 January 2021
If Russia can marshal allies to seize control of the producers’ group, it might respond to structural demand concerns with a volume-over-value strategy
Pushing the Saudi reset button
22 December 2020
The kingdom is getting nervy about a potential revival of the Iranian nuclear deal. But greater predictability in the White House could benefit the region in the long term
Pandemic strains Gulf’s domestic energy balances
11 December 2020
International attention may have focused on their Opec+ oil market stabilisation role. But the region’s NOCs have had concerns closer to home
Saudi Arabia need not fear Biden
8 December 2020
The kingdom may be apprehensive about the incoming US president’s attitude towards Iran, but it could ultimately profit from the regime change
Middle East energy transitions continue apace
30 November 2020
Renewables, desalination and hydrogen are all attracting official support and investment
Hormuz threats lose their sting
13 November 2020
As Gulf states progress bypass projects, time runs down on Iran’s sabre-rattling
Letter from the Middle East: The counter-cyclical unconventional renaissance
10 November 2020
While US shale firms batten down the hatches or seek M&A solutions to their problems, Mid-East Gulf unconventionals are enjoying a revival
FID delays boost Mena LNG export chances
5 November 2020
Projects pushed back or cancelled elsewhere could offer opportunities for the region’s gas producers
Letter from the Middle East: Gas faces headwinds
19 August 2020
The received wisdom that gas would be the region’s main growth fuel for generation is being challenged
Iraq and Iran move further apart
24 July 2020
Baghdad’s pivot away from its neighbour is increasingly extending to their shared resources
Battlefield China in Russo-Saudi tussle
10 July 2020
Russia and Saudi Arabia have largely buried, rather than settled, their issues. China is a microcosm of the ongoing tension
Letter from the Middle East: NOCs juggle priorities
8 July 2020
From boosting oil production to throttling it back and with challenging oil and gas dynamics in both the short and longer-term, the region’s producers have their hands full
Iraq seeks a reset
8 June 2020
The new Baghdad government asks for much in return for a pivot towards Saudi Arabia and the US
Book review: GCC—a fatal schism
20 May 2020
Through a combination of adroit use of its vast gas reserves and careful diplomacy, Qatar has learned how to survive life under blockade, a new book says
Saudi Arabia braces for impact
13 May 2020
The kingdom may have to pay a steep price for its efforts to reassert leadership in oil politics
Saudi Arabia’s pyrrhic oil war triumph
24 April 2020
The kingdom may consider it has prevailed over Russia and US shale producers in the short-term, but its longer-term prospects are clouded in uncertainty
Texas searches for oil industry salvation
23 April 2020
Record low oil prices are compelling the state to consider proration. But greater measures may be needed to stave off financial ruin
To deal or not to deal
8 April 2020
Russia and Saudi Arabia blame each for the initial Opec+ breakdown. Will necessity trump naked ill-will this week?
Russia’s hand: weaker than it seems
8 April 2020
The devaluation of the rouble has been seen as insulating Russia during any sustained price war. But it may not be sitting as comfortably as thought
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