Saudi Energy Minister Khalid al-Falih

Satellite images show no major damage to ‘sabotaged’ ships
Middle East

Satellite images show no major damage to ‘sabotaged’ ships

DUBAI, United Arab Emirates (AP) — Four oil tankers anchored in the Mideast were damaged by what Gulf officials described…
Saudi oil tankers hit by ‘sabotage attacks’ as Gulf tensions soar
Middle East

Saudi oil tankers hit by ‘sabotage attacks’ as Gulf tensions soar

Saudi Arabia said Monday two of its oil tankers were damaged in “sabotage attacks” in the Gulf as tensions soared…
OPEC likely to extend production cuts into next year
Business

OPEC likely to extend production cuts into next year

OPEC countries and other producers including oil giant Russia are backing prolonging last year’s production cut to shore up crude…
Saudi energy minister says oil market fundamentals improving
Business

Saudi energy minister says oil market fundamentals improving

Saudi Energy Minister Khalid al-Falih said on Tuesday that oil market fundamentals were improving after an agreement struck with top…
Saudi to launch US$30-50 bln renewable energy program soon: minister
Middle East

Saudi to launch US$30-50 bln renewable energy program soon: minister

Saudi Arabia will launch in coming weeks a renewable energy program that is expected to involve investment of between US$30…
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