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Al-Naimi stuck to his guns for 20 yearsIf Ali Al-Naimi were to review his time as Saudi oil minister, he might feel events had turned full circle. Two years after the long-serving technocrat's 1995 promotion to become only the kingdom's fourth oil minister in 4 More… |
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Oil powers set for Doha meet as $30 crude woes mountTop oil officials from Saudi Arabia, Russia and several key Opec members will meet on Tuesday for their highest-level discussion in months, a potentially pivotal sign that producers are at last preparing to tackle a devastating supply glut. More… |
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Opec set to maintain policy as oil glut worsensOpec looked set to maintain its production policies on Friday and take no steps to curb supply going into 2016 when members Iran and Iraq will boost exports, potentially worsening one of the worst oil gluts in history. Benchmark B More… |
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Saudi Arabia joins global clean energy driveSaudi Arabia's Minister of Petroleum and Mineral Resources, Ali Ibrahim Al-Naimi, has joined the leaders of 19 other countries to launch Mission Innovation, a global initiative aimed at accelerating global public and private sector clean ene More… |
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Saudi Arabia joins global clean energy driveSaudi Arabia's Minister of Petroleum and Mineral Resources, Ali Ibrahim Al-Naimi, has joined the leaders of 19 other countries to launch Mission Innovation, a global initiative aimed at accelerating global public and private sector clean ene More… |
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US Energy Secretary and Saudi Oil Minister discuss oil marketUS Energy Secretary Ernest Moniz and Saudi Oil Minister Ali Al Naimi met in Riyadh to discuss global energy markets, including supply and demand of crude oil and stocks movements, Saudi state news agency SPA reported. More… |
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Oil prices stabilise as demand meets oversupplyCrude oil prices stabilised on Tuesday due to firm demand after dipping in early trade on expectations that Opec would not cut output at its meeting this week. The Organization of the Petroleum Exporting Countries (Opec) meets thi More… |
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Saudi changes positive for oil market: Al-NaimiSaudi Arabian King Salman's appointment of two new heirs will help stabilise world oil markets by strengthening political stability in the kingdom, its Oil Minister Ali Al-Naimi was quoted as saying by state media on Thursday. More… |
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Saudi ready to help improve oil prices, but not alone: Al-NaimiSaudi Arabia's Oil Minister Ali Al-Naimi has said that the kingdom stood ready to "improve" prices but only if other producers outside of the Organisation of the Petroleum Exporting Countries (Opec) joined the effort. More… |
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Oil prices fall as Saudi Arabia reports record outputCrude prices dropped on Wednesday after Saudi Arabia reported record production of 10.3 million barrels per day in March, a figure the country's oil minister said was unlikely to fall by much. The decline in prices followed a More… |
