SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Saudi car sales to hit $25 billion by 2013
Saudi Arabia has ambitious plans to further expand its lucrative automobile industry. In 2011 alone, the Kingdom announced the sale of approximately 800,000 cars potentially increasing to 1 million vehicles per year by the end of the current decade. In this context, the country is planning to start manufacturing automobile parts by 2013 in addition […]
-
Gulf States Move to Diversify Income Sources
Saudi Arabia, the world’s biggest oil exporter, has identified mining as a key investment area after oil and petrochemicals, and is spending an estimated $38 billion to develop two cities centered around mining…“The idea is to try and improve the range of benefits and advantages of doing business in the G.C.C. and in Saudi Arabia, […]
-
Saudi Arabia Ghazal Defies Camels as SUV for Desert Market
Saudi Arabia is venturing into a territory normally reserved for automakers. The kingdom is developing the Ghazal, a sport-utility vehicle for the hazards of the desert, to diversify its economy beyond oil. The SUV, built by King Saud University in Riyadh, is an all-wheel drive vehicle with a rugged carbon-fiber frame aimed at taking on […]
-
Saudi Arabia wins oil battle against Iran
It seems that the first round in the series of the ferocious battles between Iran and Saudi Arabia, the two giant oil-exporting countries, was settled in favor of the latter. The Kingdom continued to produce oil regardless of the Iranian threats warning the Kingdom against filling the shortage in oil supplies that might result from […]
-
Saudi Aramco to invest in new energy ventures
Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. Saudi Aramco Energy Ventures LLC (SAEV) plans to invest in start-up and high-growth ventures offering new technologies to the upstream and downstream […]
-
Study finds ’80 more years of Saudi oil at current production levels’
Saudi Arabia, the biggest oil producer in the world with a proven reserve of 264 billion barrels, could continue oil supplies for the next 80 years at the current production levels, the Kuwait-based Diplomatic Center for Strategic Studies (DCSS) said in a study. Saudi Arabia retains 38.7 percent of world oil reserves whereas the shares […]
-
Why Saudi Arabia’s Travel and Tourism Sector Is Ripe for Growth
Saudi Arabia’s travel and tourism sector is poised for rapid growth in the next decade and beyond, and both Saudi and international corporations are looking to cash in on the opportunities ahead. A product of the changing economic and social landscape in Saudi Arabia, the coming tourism boom is likely to contribute to the Kingdom’s […]
-
How Oil Has Driven Global Conflict For The Past 100 Years
Michael T. Klare recently gave a presentation titled “The Geopolitics of Oil: Old and New” at the Association for the Study of Peak Oil conference in Vienna, in which he speaks about how no other substance in the world is as closely aligned with geopolitics as oil is. Klare describes the geopolitics of oil — the intersection […]
-
Jadwa Chartbook June 2012: Sectoral Performance
Riyadh-based Jadwa Investments recently released its June, 2012 Saudi ‘Chartbook’ which includes updates on the Saudi economy, trade, oil metrics as well as assessments of various sectors including banking, trade, and sectoral performance. Below is a snapshot of Jadwa’s analysis of the performance of Saudi Arabia’s main economic sectors. For the full Jadwa report, click […]
-
In Major Shift, Saudi Aramco Dabbles in Oil Trading
Saudi Arabia has long been a dominant force in global oil markets, “but has never been an oil trader.” That changed on January 1st, 2012, when Saudi Aramco began operations at Aramco Trading, a wholly owned company subsidiary. The new Aramco Trading marks an expansion in Aramco’s downstream investment portfolio in the Kingdom and overseas, […]
- 10 of 969 results<< 1 … 92 93 94 95 96 97 >>
MUST-READS
-
How Will Triple-Digit Oil Impact the Energy Transition?
High oil prices also provide energy organizations with more financial bandwidth to accelerate their digital and automation aspirations when it comes to driving efficiency and productivity.
-
IEA Nations Add 60 Million Barrels to Biden’s Oil-Stock Release
U.S. allies in the International Energy Agency will deploy 60 million barrels of oil from their emergency stockpiles, bolstering the 180 million-barrel release of crude reserves already announced by President Joe Biden.
-
Big Oil to tell Congress markets, not companies, set fuel prices-testimony
The oil companies will say that labor and supply shortages are preventing a quick return of oil output to pre-pandemic levels, and that prices are determined in the international market. Chevron's chief executive Mike Wirth will say that fuel prices are set by market dynamics that companies have little control over.
-
Saudi Oil Buyers in Asia May Seek Alternatives After Price Hike
Omani crude was selling for $4 to $4.50 a barrel above its benchmark price on the Dubai Mercantile Exchange this week. That compares with the official selling price for Arab Light, which is now at a $9.35 premium to an average of Oman and Dubai prices. Long-haul flows from the U.S. have also become more viable following the announcement of the strategic reserves release.
-
Attacks on Saudi oil infrastructure increase in Q1
Register Now The three months ending March 31 saw 13 attacks directed at the kingdom and its oil producing allies in the Gulf, up from nine reported incidents in the same period last year, according to the latest update of S&P Global Oil Security Sentinel.
-
Saudi Arabian Oil Co. joins Rice Carbon Hub research initiative
First launched in 2019, the program supports a zero-emission future in which hydrogen energy and advanced carbon materials are produced together from hydrocarbons in a sustainable and efficient manner. Aramco has joined this initiative with a five-year sponsorship commitment and brings $10 million worth of funding for it.
-
Oil prices could average $135 in 2022 if Russia-Ukraine war continues, MUFG Bank says
"Barring a breakthrough in peace negotiations, we believe that the price-induced demand destruction — the only practical mechanism currently available in a world devoid of inventory buffers and supply elasticity — necessary to reduce consumption becomes widespread by the third quarter, with a corresponding Brent price above $140 per barrel,” Mr Khoman said.
-
Oil rises to $105 as supply fears perist despite reserves release
“The massive release of 1 million barrels per day over a period of six months in the United States alone is likely to ensure that the oil market is no longer acutely undersupplied in the second and third quarters,” Commerzbank’s Carsten Fritsch wrote in a report.
-
Saudi economic growth to more than double in 2022 on oil rally and ‘robust’ non-oil sector
Oil gross domestic product is set to rise 15.5 per cent while robust non-oil growth of 3.4 per cent is expected. The non-oil sector grew 6.1 per cent a year in 2021 while oil GDP recorded annual growth of 0.2 per cent.
-
Saudi economic growth to more than double in 2022 on oil rally and ‘robust’ non-oil sector
Saudi Arabia's economic growth is expected to more than double in 2022, helped by higher oil prices and a “robust” non-oil sector, while unemployment among citizens is on the decline, said private equity group Jadwa Investment. The Arab world's biggest economy is forecast to grow 7.7 per cent in 2022, from 3.2 per cent last year, Jadwa said in a report.
- 10 of 4147 results<< 1 … 93 94 95 … 415 >>