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Saudi Arabian Energy Minister Khalid al-Falih attends a meeting of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia July 24, 2017. Reuters
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Saudi Energy Minister Khalid al-Falih attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. (Reuters)
Saudi Energy Minister: Aramco to Internationally Invest in Gas, LNG Production
St. Petersburg – Saudi Aramco will globally invest in the production of gas and liquefied natural gas (LNG), according to Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih. Speaking at the 21st St. Petersburg International Economic Forum (SPIEF)...Caption:
A pump jack stands idle in Dewitt County, Texas January 13, 2016. (Reuters)
Oil Output Cuts between Saudi Wish and Russian Hopes
Cairo – After the success achieved by the Organization of the Petroleum Exporting Countries (OPEC) in cutting down oil output, Saudi Arabia told OPEC officials it wants to continue output cuts for an additional six months – however with every oil agreement,...Caption:
An employee pumps petrol into a car at a petrol station in Hanoi, Vietnam December 20, 2106. REUTERS/Kham
Oil Rises after Reports on OPEC Extending Supply-Reduction Pact
London- Oil prices ended modestly higher on Thursday after sources said the Organization of the Petroleum Exporting Countries (OPEC) may consider extending its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories...Caption:
Saudi Arabia’s Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna, Austria, June 2, 2016/. Reuters