KSA: Saudi Arabia and Kuwait to begin operations at Neutral Zone oilfields

Operations at the Khafji and Wafra oilfields that lie in the neutral zone between Saudi Arabia and Kuwait are expected to begin before the end of the year as sources claim that an agreement has been reached by officials from Read more

KSA: Moscow, Riyadh Cooperating to Stabilize Oil Market

Major oil producers could be on the verge of reaching an agreement to stabilize the oil market and boost prices. Russian energy minister Alexander Novak said there are consultations between Riyadh and Moscow and they are “ready to achieve the Read more

KSA: Oil Countries to Discuss Market Stabilization, Saudi Minister

Saudi Arabia’s Energy Minister Khalid al-Falih has hinted that an agreement “to stabilize the market” could be reached at next month’s International Energy Forum. The ministerial meeting to be held on the sidelines of the Forum presents “an opportunity for Read more

KSA: Cabinet Reshuffle Corresponds to Saudi Vision 2030

A cabinet reshuffle by King Salman has led to the merging of several ministries in the oil rich kingdom and the new arrival of new ministers; the most noticeable being the appointment of a new oil minister, in the person Read more