oil exporter
Saudi King Appoints His 31-Year-Old Son As Crown Prince Over Cousin
Mohammed bin Salman has been promoted to crown prince and heir to the throne of Saudi Arabia in a shock move by King...
Price of Saudi Cigarettes Doubles As First Tax Hits
The price of a pack of cigarettes doubled for Saudi Arabian smokers on Sunday under first-time tax measures to help the...
Asian Energy Firms Lead Market Gains On Hopes For Oil Ouput Cut
Energy shares led a broad rally across Asian markets on Monday as oil prices were boosted by growing hopes that an...
Saudi Minister Confident of Oil Cut Extension
Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production designed to...
German Chancellor In Saudi For G20, Cooperation Talks
German Chancellor Angela Merkel met Saudi King Salman on Sunday, state media said, as she began a visit focused on...
Saudi Cuts Taxes On Oil Firms Ahead of Aramco Sale
Saudi Arabia on Monday cut taxes on oil companies in a major move that could attract investments in its energy giant...
Saudi Says ‘committed’ To Oil Market Stability
Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter...
Oil Exporter Saudi Starts Hunt For Solar, Wind Firms
The world's biggest oil exporter on Monday took the first step towards a goal of generating 9.5 GW of energy through...
Terkper Hunts For US$2bn From China
The government has revived talks with the China Development Bank (CDB) for the remainder of the almost US$2 billion...
Russia Is Planning For Low Oil Prices
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a draft...