With the launch of Saudi Vision 2030 in April 2016, the Kingdom is at a crossroads. While crude oil has been the nation’s past, its future depends on us improvising with talents and techniques to make much more of the resources we have been given.
September 22, 2018
Last week was the 58th anniversary of OPEC. When it was created on Sept. 14, 1960, OPEC had five founder members — Saudi Arabia, Kuwait, Iraq, Venezuela and Iran.
September 20, 2018
Iranian President Hassan Rouhani spoke last week of plans to relocate Iran’s main oil export terminal from Kharg Island, deep in the Arabian Gulf, to Bandar-e-Jask in the Oman Sea. He claimed the move would be completed by 2021, the end of his term in office.
September 11, 2018
Saudi Arabia is the only swing producer that has the spare capacity to stabilize oil markets.
August 10, 2018