Saudi Arabia in Discussions to Sell 1% Stake in Aramco

• Wednesday, 5th May 2021
• by Editorial Team

Crown Prince Mohammed bin Salman stated that Saudi Arabia is in discussions to sell 1% of Aramco to a leading global energy company, according to Reuters. According to the Crown Prince, Aramco, the world’s biggest oil...

OPEC, Russia Consider 10-20 Year Oil Alliance

• Wednesday, 28th March 2018
• by Editorial Team

Riyadh and Moscow are considering extending Russia’s current short-term alliance with OPEC to curb oil production that began in January 2017 after a crash in crude prices, Reuters reported. “We are working to shift fr...