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Saudi Arabia
Posted 14/06/2024

Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage

Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...

Posted 22/04/2024

Aramco in Talks to Acquire 10% Stake in China’s Hengli Group’s Petrochemical Arm

Saudi Aramco, a leading global energy and chemicals company, is currently in discussions with...

Posted 11/03/2024

Saudi Aramco Reports 25% Drop in 2023 Earnings from Lower Oil Prices and Volume Sold

Saudi Arabia’s state-owned enterprise Aramco announced a $121 billion of profit in 2023, a...

Posted 30/01/2024

Riyadh Orders Aramco to Halt Plans to Increase Maximum Crude Production

Saudi Arabia’s state-owned enterprise Aramco has announced that it will be halting its plan...

Posted 09/12/2023

Riyadh Shows How Important ‘Comrade’ Putin Really Is

It is widely known that the President of Russia, Vladimir Putin, has paid a...

Posted 01/12/2023

OPEC+ Agrees on Riyadh’s Goal to Cut Oil Supply Further into 2024

OPEC and its allies agreed on Thursday to cut output voluntarily for early next...

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