The US and Russia, for decades Cold War adversaries, are now preparing for what appears to be a showdown over delivering natural gas to the EU.
August 02, 2018
It took oil ministers five hours behind closed doors at OPEC headquarters last Friday in Vienna and they had a full 48 hours beforehand at the OPEC International Seminar held at the grand Hofsburg Imperial Palace, but they cobbled together a deal that is still lacking in clarity.
June 27, 2018
It is expected to be the biggest IPO in history but when and where it will take place remain closely guarded secrets. One thing is for certain, the chances of Saudi Aramco going public in the second half of 2018, as originally planned, look less likely by the day.
March 23, 2018
The latest survey from the Washington based Energy Information Administration estimated that US output topped 10 million barrels a day for the first time since November 1970.
February 10, 2018
The turnout has been strong at box offices for the release of “The Last Jedi,” the latest instalment in the “Star Wars” series. In the spirit of the sci-fi classic, I think the earlier “Star Wars: Episode IV — A New Hope” can be best applied to what transpired in the world of oil in 2017.
December 28, 2017
It was a strong signal from on high. Women in Saudi Arabia have been given the green light to drive starting in June of next year. This is clear signal both inside and outside the Kingdom that, as Bob Dylan sang, “The Times They Are A-Changin.”
October 19, 2017
Last autumn, the world’s two largest oil producers united during an Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC meeting in Algiers, where they publicly declared their commitment to cut output and support prices.
June 02, 2017
Saudi Arabia is not the first emerging market country to dream up a 2030 economic blueprint and it certainly won’t be the last.
May 12, 2017
After living with my family in the UAE for six years, it was high time to take advantage of the reach of Gulf airlines and pursue an African safari.
April 14, 2017