Page 14 - Saudi Arabia

Saudi Arabia's Aramco raises Asia, US oil prices in sign demand seen rising

Many analysts and traders see the latest Covid-19 flare-ups as a short-term hit to oil demand

Saudi Arabia threatens three-year travel ban on 'red list' countries

The kingdom, the largest Gulf state with a population of some 30 million, on Tuesday recorded 1,379 new Covid-19 infections

Till world shifts to green energy, split between Saudi and UAE won't end

It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.

Af without Pak & Islam

India doesn't have to see the Taliban as a hostile political force just because it is Islamic or Pakistan's friend. Modi govt can befriend it if BJP resets its domestic politics of polarisation

Saudi Arabia announces conclusion of Hajj season free from Covid-19

Saudi Arabia announced on Thursday the successful conclusion of this year's Hajj season, free from the Covid-19 and other contagious diseases, the Saudi Press Agency reported

Aramco faces $50-mn extortion bid over data leak, but denies breach

The global energy industry has seen a ramp up in cyber attacks with Colonial Pipeline becoming the most visible of late

In a first, Saudi women soldiers stand guard during Haj pilgrimage

They are dressed in military khaki uniform, with a hip-length jacket, loose trousers and a black beret over a veil covering their hair.

Saudi, United Arab Emirates reach compromise to unlock oil supply

Brent oil prices fell on the news by as much as $1 per barrel towards $75 per barrel after Reuters reported the two major Opec producers had agreed a deal.

Oil prices drop after Saudi Arabia and UAE reach output compromise

Under the compromise with Saudi Arabia, the UAE's baseline production will rise to 3.65 million barrels per day after the current pact expires in April 2022

Politics seep into oil as diverging goals test Saudi & UAE relations

Crude slips after surging to multi-year highs amid major crisis in Opec+

Saudis may work longer, pay more to Kingdom's pension fund: Report

The government -- faced with an estimated actuarial gap of 800 billion riyals ($213 billion) at the state-controlled pension fund -- is weighing proposals to increase the retirement age

OPEC+ deadlock: What UAE-Saudi Arabia tussle means for oil markets

Cash-strapped Pak inks agreement with Saudi Arabia bank to borrow $4.5 bn

A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow $4.5 billion to alleviate oil and gas shortages

OPEC oil alliance in standoff between Saudi Arabia and UAE

The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks on Monday amid a standoff with the United Arab Emirates

OPEC+ crisis deepens as Saudi Arabia refuses to budge, oil edges up

OPEC and its allies on Friday voted to increase production by about 2 million barrels a day from August to December 2021 extend the remaining output cuts to the end of 2022

Saudi Arabia suspends entry from UAE, Ethiopia, Vietnam over Covid-19

Saudi Arabia has suspended entry for citizens of the United Arab Emirates, Ethiopia and Vietnam over the spread of the coronavirus and its strains in these countries, media reported

Saudis leaving workforce push unemployment to a five-year low: Report

The jobless rate decreased to 11.7 per cent in Q1 compared to 12.6 per cent in the Q4

Saudi Arabia plans new national airline as it diversifies from oil

Saudia has struggled with losses for years and like global peers, has been hit hard by the coronavirus pandemic

OVL on an oil slick, struggles with geopolitical and domestic challenges

Covid-19 has added to these issues. It has not only impacted the demand for fuel but also made the acquisition process slower.

RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani

It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors