Saudi Aramco’s new board of directors marks a new landmark for the company’s corporate governance, with the addition of international oil executives, including its first female board member.
April 29, 2018
Saudi oil production turned 80 years old on March 4, as the day when California Arabian Standard Oil Co., CASOC, struck oil from its seventh drilled well at the Dammam field.
April 20, 2018
This year will mark the 15th anniversary of the launch of the first gas venture between Saudi Aramco and international oil companies.
April 07, 2018
When I read the recent comments of Saudi Crown Prince Mohammed bin Salman that OPEC is in talks with Russia to extend the current cooperation between the two for another decade or two, I immediately remembered Buzz Lightyear’s famous line in Toy Story: “To infinity and beyond.”
March 31, 2018
Last year, I wrote a column in this newspaper saying that oil market rebalancing was becoming a moving target. The situation hasn’t changed.
March 24, 2018
Every February in London, the Energy Institute hosts International Petroleum Week, or IP Week, giving the biggest names in the oil industry a chance to gather and discuss the future and current state of the oil market.
March 03, 2018
The International Energy Agency, the archrival of OPEC, said in its monthly report on Feb. 13 that the oil inventories in the oil stocks in the OECD countries had fallen by 55.6 million barrels in December.
February 19, 2018
The recent sell-off in oil futures, following the rout in equities, was worrying to some and good news for others who saw oil prices overshooting upward, paving the way for an inevitable correction.
February 13, 2018