This is the company’s fourth major discovery this year
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Kuwait ramps up crude oil production to meet increased demand
Kuwait will continue to support efforts to promote market stability, Oil Minister Dr Mohammad Al-Faris said
Oil market volatility could force OPEC production cuts, Saudi Energy Minister says
The paper oil market has fallen into a “self-perpetuating vicious circle” of extreme volatility, Saudi Energy Minister Prince Abdulaziz bin Salman said
OPEC chief calls for more investment in oil and gas
Haitham Al Ghais also said that OPEC is doing its part and must not be blamed for soaring inflation
Moving away from oil and gas without alternatives can put economies at risk, Al Jaber says
Policies aimed at divesting from hydrocarbons too soon, without adequate viable alternatives, are self-defeating, Al Jaber said
Oil majors’ climate scenarios incompatible with Paris Agreement, report finds
Climate pledges made by BP, Shell and Equinor don’t align with Paris Agreement goals, a new report shows
Oil prices fall on economic slowdown, more supply
The market is faced with the prospect of rising supply as demand moderates
Saudi oil giant ready to boost crude oil output, if needed
The world’s largest exporter of crude oil said it stands ready to accelerate production to its maximum capacity of 12.3 MMbbl/d over the next three years
Analysis: At the heart of Saudi Arabia’s oil and gas sector
An overview of achievements, challenges – and the future outlook for the energy industry in KSA
Energy roundup: Middle East oil and gas companies riding high on profits and projects
This week, key players in the region unleashed billions in revenues and continued to advance key projects