News

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.
The agreements were signed during Trump's visit to the kingdom, in which the U.S. president secured $600 billion in ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge ... the U.S. oil industry. Saudi Arabia, OPEC’s de facto leader ...
Saudi Arabian film industry pioneer Faisal Baltyuor has been appointed CEO of the Red Sea Foundation which oversees the ...
Saudi Arabia is now one of the largest global investors in renewable energy, part of a strategy to ensure a prosperous future when it can no longer depend on its vast oil reserves. From afar ...
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday (May 11, 2025), down 4.6% from the prior year as falling global oil prices undermine the kingdom ...
Saudi Arabia’s ruler, Mohammed bin Salman ... ambitions to diversify his country’s finances beyond the lucrative oil industry. American tech giants have looked to the wealthy PIF as a source ...
U.S. power equipment maker GE Vernova will export gas turbines and energy solutions totaling $14.2 billion to Saudi Arabia, the White House said on Tuesday, as part of a broader $600 billion ...
Solid reasons for a Saudi civilian nuclear power program Saudi Arabia is a global oil giant, but it is also ... Russians for help developing a nuclear industry, with fewer safeguards.
Saudi Arabian film industry ... of Saudi Arabia’s cultural and cinematic evolution. In a remarkably short time, the foundation has secured its place on the global festival map, and we are ...
During the campaign Mr Trump sought to position himself as the American oil industry’s only hope ... made ahead of the president’s visit to Saudi Arabia beginning on May 13th.
Oil-related activities saw modest growth, with the index rising by 0.5%, while non-oil industrial activities posted a 5.6% increase compared to March 2024, reflecting continued diversification efforts ...