Saudi Arabia Replaces Oil Minister

• Sunday, 8th May 2016
• by Egypt Oil & Gas

Saudi Arabia announced the ouster of its powerful Oil Minister, Ali Al-Naimi, marking the departure of a long key industry player, as part of a larger ongoing government shakeup, The New York Times reported. He will b...

Saudi Arabia to Drill for Shale Gas This Year

• Tuesday, 19th March 2013
• by Egypt Oil & Gas

Saudi Arabia signaled Monday that it intends to remain a world energy powerhouse for the foreseeable future, partly by exploiting new technology which has unlocked vast quantities of oil and natural gas in North Ameri...