Saudi Arabia ///

Saudi Arabia open to another OPEC cuts extension

Saudi Arabian Energy Minister Khalid Al-Falih agreed with his Venezuelan and Kazakh counterparts to keep all options open in their push to re-balance world oil markets, including the possible extension of output cuts beyond next March.

Qatar's growth prospects dim as Saudi-led boycott takes its toll

Qatar’s economy will expand this year at the slowest pace since 1995, according to economists surveyed by Bloomberg this month, as the impact of a Saudi Arabia-led boycott is felt on trade and investor confidence.

Saudi crude exports fall just as domestic stockpiles dwindle

Saudi Arabia, the world’s biggest crude exporter, shipped the least oil in almost three years in June, just as domestic stockpiles are dwindling.

Energy Issues

William J. Pike, World Oil

Producers have recently reacted to stagnant oil prices with announcements of cuts in capital spending.

Saudis are said to cut September oil sales to prized Asia market

Saudi Arabia cuts crude sales for next month to buyers in the world’s biggest oil market to help shrink a global glut.

London, New York vie for Saudi Aramco IPO

Saudi Arabia aims to sell about 5% of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying for what may be the world’s richest IPO.

Qatar crisis is back to square one as economy shows the strain

The Saudi-led alliance that severed ties with Qatar reinstated a list of 13 demands that must be met before talks to resolve the eight-week crisis could start.

Kuwait joins Saudis, UAE in promising more OPEC oil cuts

Kuwait joined the United Arab Emirates in promising to pump less oil after Saudi Arabia called on fellow OPEC producers to cut more supply to help curb the global glut.

Oil rallies 2% as Saudi Arabia promises to cut exports

Oil rose by more than 2% on Tuesday after Saudi Arabia vowed to reduce exports from next month and OPEC called on members to boost compliance with agreed output cuts to help curb oversupply and support flagging crude prices.

Saudi economic pain tests Crown Prince's resolve for change

Saudi Arabia’s drive to reduce the economy’s reliance on oil has hit a snag: its reliance on oil.

Crude climbs on report Saudi Arabia considering more export cuts

Oil climbed to the highest level in almost two weeks following a report that Saudi Arabia is considering deeper export curbs.

Oil slides as Saudi Arabia is said to produce above output cap

Oil fell in New York after Saudi Arabia’s production last month rose above the cap it agreed on with fellow OPEC members.

Tillerson to tour Gulf capitals as U.S. seeks to end spat

Secretary of State Rex Tillerson will travel to Kuwait, Qatar and Saudi Arabia this week to meet with Gulf leaders as the U.S. seeks to help end a standoff that pits U.S. allies against one another.

Aramco to spend $300 billion as CEO warns about world oil supply

Saudi Aramco will invest $300 billion over the next decade to maintain its spare oil-production capacity and explore for more natural gas.

Saudi Aramco's crude output hit annual record in 2016

Saudi Arabian Oil Co., the world’s largest oil exporter, increased production to an annual record last year before the kingdom led OPEC and other major producers to curb output to counter a global oversupply.

Qatar charts second gas boom as Saudis try to tighten the noose

Qatar’s neighbors are trying to isolate it from the outside world by cutting off transport and diplomatic links. There’s one major area where their ostracism campaign is falling short: energy.

Saudis are said to delay energy-subsidy cuts amid economic pain

Saudi Arabia, the biggest Arab economy, will probably delay plans to raise gasoline and other energy prices until later this year or early in 2018 amid an economic slowdown, according to four people familiar with the matter.

Arab foreign ministers begin talks on Qatar crisis in Cairo

Foreign ministers from Egypt, Saudi Arabia, the United Arab Emirates and Bahrain on Thursday started a meeting in Cairo on the Qatar crisis, hours before a deadline for Doha to meet demands set by the four Arab nations, an Egyptian Foreign Ministry official told Reuters.

Qatar to boost LNG output by 30%, flouting Saudi-led boycott

Qatar Petroleum, the largest producer of liquefied natural gas, plans to increase output by 30% within seven years, a step that would entrench the Gulf nation’s role as a major energy supplier amid a boycott by a Saudi-led coalition of countries.

Saipem awarded contracts, change orders in Saudi Arabia, West Africa and Caspian Sea

Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Installation) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021.