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Saudi Aramco calls on Turkish contractors for $50bn in potential projects
Leaving the murder of Saudi journalist Jamal Khashoggi in the rearview mirror, Riyadh and Ankara have significantly deepened economic ties in recent months
Jun 02, 2023
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Saudi Aramco to invest in Iraqi gas field
The goal of the investment is to increase Iraq's oil output to 400 million cubic feet per day
May 26, 2023
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Saudi Aramco looking to expand into shale gas development with China, France
Aramco currently holds the second place for the largest company in the world in terms of market value
May 03, 2023
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Saudi Aramco soars to become world’s second largest company
The Saudi oil giant last year posted a net profit higher than the profits of Apple, Exxon, and Microsoft combined
May 02, 2023
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Google, Saudi Aramco greenwashing oil production: Report
The internet giant maintains that the joint venture with Aramco is 'entirely green,' but critics question whether this is possible when collaborating with a fossil fuel powerhouse
Feb 20, 2023
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Japan extends crude storage deal with Aramco
The agreement leases 13 national crude oil stockpiling tanks to Aramco at the Okinawa CTS Corporation base
Dec 22, 2022
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Saudi Aramco lowers oil prices for Europe, raises them for the US
The decision was made one day after OPEC+ announced it would cut output by 2 million barrels per day
Oct 07, 2022
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Aramco CEO slams European energy crisis plan as short-term solution
The CEO highlighted that climate change goals did not need to change but that the world needed a more viable energy plan
Sep 20, 2022
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Yemeni army strikes military bases, Aramco refineries and airports deep inside Saudi Arabia
The armed forces spokesman says Yemen will face "escalation with escalation" against the Saudi and Emirati enemies
Nov 20, 2021
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Saudi foreign reserves drop to 13-year low as kingdom stockpiles oil profits
The kingdom's shrinking foreign reserves coincide with a wider push towards the de-dollarization of trade
May 30, 2023
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Iraq unveils $17bn infrastructure project linking West Asia to Europe
The 'Route of Development' project would extend from Turkiye's northern border to the south of the Persian Gulf
May 27, 2023
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Saudi Arabia may cut crude oil prices for Asian countries: Reuters
Saudi Aramco, may reduce its official selling price of crude by 40 cents to the barrel following months of price hikes
Apr 28, 2023
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Echoes of Taif: Syria and Saudi Arabia reconcile
Syria-Saudi relations leap forward with joint statements, bilateral meetings, and, for the first time in 12 years, a shared vision for resolving the crisis in Syria.
Apr 16, 2023
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The first China-UAE gas deal in yuan: A new blow to dollar dominance
Chinese allies control 40 percent of OPEC+ oil reserves, and the GCC controls another 40 percent. With this China-UAE gas trade settled in yuan, the petrodollar today is under serious threat.
Apr 06, 2023
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Following in Iran’s footsteps, Saudi Arabia agrees to join SCO
The Shanghai Cooperation Organization is an all-eastern cooperation bloc created 22 years ago by Russia, China and several Central Asian states
Mar 29, 2023
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Saudi oil giant to build refinery in northeast China
The Saudi oil conglomerate has pledged its full support to the east Asian country’s growing demand for fuel and petrochemical products
Mar 27, 2023
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Exclusive: The hidden security clauses of the Iran-Saudi deal
The Cradle reveals confidential clauses of the agreement struck between Tehran and Riyadh, which was reached courtesy of Beijing.
Mar 12, 2023
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Lavrov welcomes Saudi FM to Moscow
Simmering tensions between the White House and Saudi Arabia have led the kingdom to deepen cooperation with other partners, such as Russia and China
Mar 09, 2023
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Saudi Arabia raises oil prices for EU, Asia
The price increase is partially based on China's economy opening up for business after a year of slow growth due to its zero-COVID policy
Mar 06, 2023
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Saudi Arabia raises oil prices for Asia, EU, US unexpectedly
The kingdom essentially increased the price for EU buyers by $2 a barrel, and 20 cents for US customers
Feb 06, 2023
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Qassem Soleimani in Venezuela: The lesser known motive behind his assassination
Why was Iranian Major General Qassem Soleimani assassinated by the US? His visit to Venezuela in 2019 may provide some answers.
Jan 03, 2023
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Oman inks LNG deal with Japan to export 2.35m tonnes annually
The contracts, effective as of 2025, will boost Japan's energy security
Dec 27, 2022
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Saudi Arabia to build $11bn petrochemical complex with France’s Total
Fuel-starved France has been building up bonds with Saudi Arabia and the UAE, while also providing military support for the brutal war in Yemen
Dec 16, 2022
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China hails Saudi Arabia’s role in oil markets, Riyadh supports ‘one-china’ policy
Xi is on a three day visit to Riyadh to attend a summit with Saudi delegates, Arab states, and nations of the GCC coalition
Dec 09, 2022
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Xi Jinping’s Visit to Saudi Arabia and the overthrow of Atlanticism
The historic China-Arab Summit currently underway in Riyadh symbolizes the emerging Eurasianism in the Persian Gulf.
Dec 08, 2022
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The Saudi-Iran rivalry stumbles into Pakistan
Riyadh’s interest in Pakistan’s Gwadar port is of particular concern for Tehran and its vital oil trade with China.
Dec 05, 2022
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MbS signs $30 billion cooperation agreement with South Korea
MbS is currently on a tour of East Asia, in alignment with Saudi Arabia's decision to lean eastwards for economic expansion
Nov 17, 2022
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OPEC+ trusted to balance oil supply and demand: UAE
Gulf oil giants remain steadfast in defending a major oil supply cut by OPEC+ despite threats made by the White House
Oct 31, 2022
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Russia warns Israel against supplying arms to Ukraine
Israel has already been supplying Ukraine with non-lethal aid, including military equipment, and allegedly, missile defense systems provided via Poland
Oct 18, 2022
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Iran to supply Russia with advanced ballistic missiles: Report
Allegedly, Israeli intelligence was able to uncover a recent visit of Iranian advisors to Russia to finalize a deal for rocket weapon-sales
Oct 16, 2022
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