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Saudi Energy Minister Warns Oil Market Gamblers Will Be Hurt Like Hell

2020-09-18 11:05:00| OGI

The comments by Prince Abdulaziz bin Salman, OPEC's most influential minister, came after a virtual meeting of a key panel of OPEC and allies, led by Russia, known as OPEC+.

Tags: market energy oil hell

 

Saudi Arabia Chafes at False Promises on Oil Cuts from OPEC Partners

2020-09-17 18:30:00| OGI

Moves to flout deal terms on oil cuts damage reputation of OPEC+, Saudi Arabias energy minister says.

Tags: partners oil false arabia

 
 

Saudi Arabia to Keep Pumping Despite Fall in Oil Prices

2020-09-10 11:30:00| OGI

Saudi Arabia fears that if it cuts more production to support oil prices, other countries will take advantage and produce greater amounts, jeopardizing the unity of the OPEC+ group.

Tags: prices fall oil arabia

 

Saudi Telecom may reduce its $2.39bn bid for controlling stake of Vodafone Egypt

2020-09-08 02:00:00| Total Telecom industry news

Anonymous sources have reportedly revealed to Bloomberg that STC is looking to reduce its initial bid for a 55% stake in Vodafone Egypt, which was originally set at $2.39 billion.   STC and Vodafone Egypt first signed the MoU back in January…read more on TotalTele.com »

Tags: of reduce bid egypt

 

Saudi Aramco Reportedly Slowing Diversification Plans amid Oil Downturn

2020-09-03 16:15:00| OGI

Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported.

Tags: plans oil saudi amid

 

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