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U.S.-Saudi Arabia Continue Strong Defense Ties in Trump Administration’s Early Days
- February 1,2017
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- Lucien Zeigler
Saudi Deputy Crown Prince Mohammed bin Salman spoke by phone with Secretary of Defense James Mattis today to discuss mutual cooperation on security issues, according to the SPA and the Saudi Gazette. The Deputy Crown Prince also serves as minister of defense and chair of the powerful Council on Economic and Development Affairs (CEDA). The U.S.-Saudi relationship is […]
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Saudi Aramco Selects U.S. Firms to Audit Reserves for 2018 IPO
- January 27,2017
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- SUSTG Team
Saudi Aramco has tasked two U.S. industry leaders in oil reserves auditing to review the content of its deposits as it pushes ahead with a share listing next year, industry sources told Reuters on Thursday. Saudi Aramco has asked a unit of oil services firm Baker Hughes – Gaffney, Cline and Associates – to carry […]
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First Jets from Record-Setting U.S.-Saudi Military Sale Delivered, Showcased in Riyadh
- January 26,2017
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- SUSTG Team
Saudi Arabia showcased its newest F-15SA fighter jet at an airshow in Riyadh on Wednesday, in a demonstration that the Kingdom has begun receiving items purchased six years ago in the most expensive U.S. arms sale to a foreign country, Reuters reports. Custodian of the Two Holy Mosques King Salman commissioned the F15-SA fighter aircraft during […]
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Russia Takes Title of Top Oil Supplier to China for the First Time Ever in 2016; Unseats Saudi Arabia
- January 23,2017
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- SUSTG Team
Russia overtook Saudi Arabia as China’s top oil supplier last year for the first time ever amid the ongoing battle for market share in the world’s biggest energy market, Bloomberg reports. The recent takeover as top supplier to China comes as analysts parse comments made by Saudi Arabia’s Minister of Energy and Natural Resources Khalid al-Falih […]
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U.S to Transfer Four Gitmo Detainees to Saudi Arabia
- January 5,2017
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- SUSTG Team
The United States will transfer four detainees to Saudi Arabia from the Guantanamo Bay military prison in the next 24 hours, according to reports. President Barack Obama is making a final push to reduce the number of inmates at the prison, despite pressure from president-elect Donald Trump to halt such releases. According to Reuters, the release “will […]
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U.S. Chamber of Commerce Brings Global Initiative on Health and Economy to Saudi Arabia
- December 21,2016
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- SUSTG Team
A delegation from the U.S. Chamber of Commerce recently traveled to Saudi Arabia as part of an initiative aimed at promoting healthy living as a way to achieve a thriving economy. The U.S. Chamber’s Global Initiative on Health and Economy works to promote health as an economic asset around the world. This month, representatives from the […]
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Saudi Arabia’s New Currency Offers Security Upgrades, Phases Out Small Notes
- December 14,2016
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- SUSTG Team
Saudi Arabia has unveiled newly designed banknotes and coins with added security features that make forgery difficult. The new issuance is the first step to addressing the preponderance of one-Riyal bills currently in circulation. Half of all Saudi paper notes are one-Riyal notes, which is worth a little more than a quarter U.S. dollar. A […]
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Major U.S. $7.9 Billion Weapon Sales Plans Include $3.51b in Chinooks to Saudi Arabia
- December 9,2016
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- SUSTG Team
The Defense Security Cooperation Agency (DSCA) has approved five notifications of weapon sales to Congress, including 48 Chinook Cargo Helicopters for Saudi Arabia, Apache helicopters for the United Arab Emirates and TOW missiles for Morocco, according to reports. The estimated cost for the Saudi purchase is $3.51 billion. The Defense Security Cooperation Agency delivered the required […]
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OPEC’s Oil Production Announcement Sends Prices Soaring, Raises Optimism for Reigning in Oversupply in 2017
- December 6,2016
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- SUSTG Team
In the wake of last week’s OPEC decision to reduce crude oil production, oil prices have surged roughly 15% in just one week. At roughly $55/barrel on Brent, that’s the highest level in more than a year. OPEC agreed to slash its output by 1.2 million barrels a day, or more than 1% of global output, […]
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‘Shamoon’ Comeback: Several Saudi Government Agencies Attacked by Malware from Iranian State-Sponsored Hack
- December 1,2016
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- SUSTG Team
State-sponsored hackers have reportedly conducted a series of destructive malware attacks on Saudi Arabia over the last two weeks, including erasing data and wreaking havoc in the computer banks of the agency running the country’s airports and hitting five additional targets, Bloomberg reports. U.S. security firms said that a version of Shamoon, the computer virus […]
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Saudi crown prince plays the oil card in quest for U.S. recognition
The sources and analysts said Saudi Arabia and other Gulf states could not afford to remain neutral between their Western allies and Russia for long, and would ultimately choose the region's security guarantor America - especially given the risk of secondary sanctions over Ukraine. But for now, Riyadh and other Gulf oil producers may get away with a neutral stance that allows OPEC+ to continue to function, a senior oil industry source said.
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U.S. Clean Energy Draws Record $105 Billion in Private Investment
The investment influx is 11% higher than 2020 and represents a 70% surge during the past five years, according to an annual report by BloombergNEF and the Business Council for Sustainable Energy. The private backing into U.S. assets including wind farms and solar plants represents about 14% of the $755 billion in global private investment made last year.
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U.S. enlisted Israel to lobby UAE to condemn Russian invasion
At the request of the Biden administration, the Israeli government lobbied the United Arab Emirates to vote for a UN resolution condemning Russia's invasion of Ukraine, after the UAE had abstained in a previous vote, U.S. and Israeli officials tell me.
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The 50 Minerals Critical to U.S. Security
A critical mineral is defined as a non-fuel material considered vital for the economic well-being of the world’s major and emerging economies, whose supply may be at risk. This can be due to geological scarcity, geopolitical issues, trade policy, or other factors. In 2018, the U.S. Department of the Interior released a list of 35 critical minerals. The new list, released in February 2022, contains 15 more commodities.
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No consultations with Saudi concerning U.S. potential release of oil reserves – source
No consultations have taken place with Saudi Arabia regarding a potential release of oil reserves by the United States and its allies, a senior Gulf source with knowledge of the matter said on Tuesday. “It is not customary for Saudi Arabia or key OPEC+ producers to conduct consultations outside the group on oil policy, especially prior to a meeting,” the source said.
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As the Ukraine Crisis Mounts, Can the U.S. Claim Energy Independence?
In 2020, for the first time in 69 years, the U.S. exported more energy than it imported. The numbers for 2021 aren’t all in yet, but everything is pointing to an even bigger energy surplus. The long journey that began during the 1973 oil crisis with President Richard Nixon’s “Project Independence” and its goal of “achieving self-sufficiency in energy” would seem to have ended.
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Senior Saudi, U.S. officials discuss response to Ukraine crisis -State Dept
Saudi Arabia's Deputy Foreign Minister Waleed El Khereiji and U.S. Deputy Secretary of State Wendy Sherman on Thursday discussed building a "strong international response to support Ukrainian sovereignty", the U.S. Department of State website said.
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U.S. national gets death for raping, beheading Pakistan ex-diplomat’s daughter
The body of Noor Mukadam, 27, was found in Islamabad on July 20. Police charged Zahir Jaffer, from one of Pakistan's wealthiest families, with a murder that has dominated headlines ever since
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U.S. LNG exports to Europe hits record in January
The U.S. became Europe’s largest source of liquefied natural gas (LNG) in 2021, accounting for 26% of all LNG imported by European Union member countries. In January 2022, the United States supplied more than half of all LNG imports into Europe for the month.
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Talk of imminent Iran deal is “very premature,” U.S. official says
Out of all the comments emerging from the delegations in Vienna, those from U.S. envoy Rob Malley and his team have been the most skeptical that a deal is imminent to restore the 2015 Joint Comprehensive Plan of Action (JCPOA).
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