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Audi
Crude Oil
OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts
Oil prices gave up earlier gains and turned lower as of 11:39 a.m.
Hydrogen Technology
The Hydrogen Stream: Siemens Targets $1.50/kg by 2025, BP and Saudi Aramco bet on Blue Hydrogen
The German company expects to roll out its in-house proton exchange membrane electrolysis technology to implement a gigawatt production of electrolyzers.
Crude Oil
Saudi Wants OPEC+ to Extend Oil Cuts into June, Source Says
After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts
Oil Price
India and Saudi Arabia Spar Over Oil Prices
The decision by OPEC+, the Organization of the Petroleum Exporting Countries and its allies, at the start of this month to leave output unchanged despite a near…
Cooperation case
Chinese, Saudi FMs Discuss Boosting Bilateral Ties, Regional Cooperation
Visiting Chinese State Councilor and Foreign Minister Wang Yi held talks on Wednesday with his Saudi counterpart Faisal bin Farhan Al Saud on boosting bilateral…
Electric Car
Biden’s High-Cost Plan To Accelerate U.S. Adoption Of Electric Vehicles
In a November post-election trip to Detroit, then-President-elect Biden told an audience that he has big plans to increase the incentives for EVs already in pla…
Net Zero Emission
Saudi Arabian City to Include ‘Zero Cars, Zero Streets, Zero Carbon Emissions’
Saudi Arabia will be home to a zero-carbon city, known as The Line, said the crown prince on Sunday
Crude Oil
Saudi Arabia Tops China’s Jan-Feb Crude Imports
Saudi Arabia remained the top crude supplier to China in the first two months of this year, Chinese customs data show.
Crude Oil
Aramco on Track to Raise Output Capacity to 13 million bpd, CEO Says
Amin Nasser remained optimistic about a broader recovery in the oil markets as vaccine rollout picks up pace
Oil & Gas Trade
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
Energy Security
Saudis Vow To Protect Oil Facilities And Global Supply After Latest Attacks
On Sunday, Yemen’s Houthi rebels said they had fired 14 drones and eight ballistic missiles at oil facilities at the Saudi port of Ras Tanura and military targ…
Oil & Gas Trade
Saudi Oil Exports Holding Strong Despite Production Cut Commitment
Saudi Arabia’s crude oil exports fell just slightly in February, in stark contrast to the bold voluntary production cuts that the Kingdom had offered to make.
Crude Oil
Oil Price Settles Near $70 as Traders Shrug off Saudi Terminal Attack
Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia.
Oil Price
Oil up Nearly 5% on Possible Extension of Saudi Output Cuts
Oil prices rose nearly 5% on Thursday on a possible extension of voluntary output cuts by Saudi Arabia into April, as OPEC ministers and their allies continued …
Crude Oil
OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
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