Middle-east Arab News Opinion | Asharq Al-awsat

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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/Sergei Karpukhin

Falih Statements Move Oil Prices Higher

by Asharq Al-Awsat | Jun 20, 2017 | Business

London- Statements made by Energy Minister Eng. Khalid al-Falih pushed up oil prices on Monday after being under pressure for four weeks due to the rise of US outcome and the recovery of Libya and Nigeria production – exempted from oil outcome cut. “In my opinion,...

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Saudi Energy Minister Khalid al-Falih gestures during the 2017 budget news conference in Riyadh, Saudi Arabia December 22, 2016. REUTERS/Faisal Al Nasser

Falih: Saudi Participation in Expo 2017 Reflects Kingdom’s Energy Drive

by Asharq Al-Awsat | Jun 12, 2017 | Business

Astana- Saudi participation in Expo 2017 in Astana reflects the Kingdom’s drive to develop and use sustainable energy in line with Saudi Vision 2030 and the National Transformation Program (NTP) 2020, said Minister of Energy, Industry and Natural Resources Khalid...

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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

by Asharq Al-Awsat | Jun 4, 2017 | Business

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)...

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OPEC President, Saudi Arabia’s Energy Minister Khalid al-Falih, and OPEC Secretary General Mohammad Barkindo talk to journalists before the beginning of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, May 25, 2017. REUTERS/Leonhard Foeger

OPEC Agrees to Extend Oil Production Cuts for Nine Months

by Sabri Najeh and Asharq Al-Awsat | May 25, 2017 | Business

OPEC agreed on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates told Reuters. This comes as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. The cuts are...

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The Saudi-US Chief Executive Officers (CEO) Forum kicked off in Riyadh on May 20, 2017. (SPA)

Saudi-US CEO Forum Addresses Kingdom’s Vision 2030 in Social, Economic Fields

by Asharq Al-Awsat English | May 20, 2017 | Saudi Arabia

The Saudi-US Chief Executive Officers (CEO) Forum kicked off in Riyadh on Saturday, under the slogan of “Partnership for Generations,” at the Four Seasons Hotel, reported the Saudi News Agency (SPA). The forum brings together a number of ministers and...