Gulf oil giants Saudi Aramco, Adnoc set sights on lithium
Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from…
Fiscal woes, Aramco IPO driving Saudi oil policy
Faced with dire economic straits due to low oil prices, Saudi Arabia is gearing up for deeper production cuts ahead of its massive Aramco share offering. Analysts say the cuts…
Saudis scramble to raise cash for Aramco share sale
From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it…
Pakistan’s Aramco deal
Pakistan’s economy is on an upward trajectory, capturing the attention of the global community. This positive momentum can be credited to the successful military diplomacy led by army chief General…
Oil cut extension raises risk of Saudi economic contraction this year
Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still heavy reliance on oil as reforms to diversify…
Why Saudi Arabia won’t bail us out
There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be…
Xi’s visit spotlights warming Saudi-China ties, and their ‘limits’
When Chinese President Xi Jinping visits Saudi Arabia from Wednesday, the oil-rich kingdom will seek mostly economic gains rather than a meaningful shift away from its longtime protector the United…
Oil rift only latest ‘crack’ in time-worn US-Saudi bond Robbie Oct 15, 2022
Saudi Arabia’s push for oil production cuts has placed new strain on its stormy relationship with the United States, though analysts say any predictions of an all-out break are premature.…
Saudi Arabia nabs new China oil demand
Saudi Arabia is set to expand its market share in China this year for the first time since 2012, with demand stirred up by new Chinese refiners pushing the kingdom…
Saudi-Polish deal dents Russian oil dominance in Baltic
Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC’s top producer in charge of two thirds of Poland’s oil supply, eroding previously dominant supplier Russia’s leverage…
