Opponents of the Keystone XL and Dakota Access pipelines hold a rally as they protest US President … [+] Donald Trump’s executive orders advancing their construction, at Lafayette Park nex...
Tag: Saudi Arabia
Biden Sacrifices National Security For Midterm Votes With SPR Drawdown
St. James Terminal, a marine unloading and distribution point for crude oil, a U.S. Department of … [+] Energy owned site located southwest of Baton Rouge, La., on the Mississippi River, is show...
It’s Not Always About You
The recent decision by OPEC+ to cut production quotas by 2 million barrels per day was definitely attention grabbing, and not in a good way. Coming just a month before the U.S. midterm elections and d...
Dan Yergin Discusses Putin’s Energy War And America’s Obligation To Remain A Reliable Supplier
WASHINGTON, DC – JUNE 22: An image of Russian President Vladimir Putin is displayed as U.S. … [+] President Joe Biden speaks about gas prices in the South Court Auditorium at the White Hou...
Potential Of Peak Shale Puts Oil Market On Edge
ODESSA, TEXAS: An oil pumpjack setup pulls oil from the Permian Basin oil field on March 13, 2022 in … [+] Odessa, Texas. United States President Joe Biden imposed a ban on Russian oil, the worl...
Middle East Dominates Rankings Of World’s Busiest Airline Routes
Emirates Airline planes lined up at a terminal at Dubai International airport. getty Flights between cities in Egypt, Saudi Arabia and the United Arab Emirates have become the busiest airline routes i...
What are the best business hotels in the Middle East: Dubai, Abu Dhabi
Preparing for a business trip to the Middle East? CNBC has made it easy to find the best hotel for the trip. CNBC Travel and the market data firm Statista today release a ranking of the “Best Ho...
Phil Mickelson and other LIV golfers drop out of antitrust suit against PGA Tour
Team Captain Phil Mickelson of Hy Flyers GC is seen on the 18th tee during Day Two of the LIV Golf Invitational – Chicago at Rich Harvest Farms on September 17, 2022 in Sugar Grove, Illinois. Ch...
NEOM To House Saudi Arabia’s Largest Studio With An Industry Leading Production Incentive Scheme
NEOM MEDIA VILLAGE – SAUDIA ARABIA: Sound stage interior. NEOM Media Village NEOM, the highly anticipated futuristic region in northwest Saudi Arabia by the Red Sea that is currently being devel...
UN “Confident” Of Raising Funds To Rescue Stricken Yemeni Tanker, Averting Huge Spill
Satellite image of the FSO Safer tanker moored off the Yemen coast, on June 17, 2020 (Photo: Maxar … [+] Technologies) DigitalGlobe/Getty Images The United Nations says it is “confident” that it...
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty Images Saudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content they say “violates Islamic and societal va...
Why Did OPEC Cut Production For October Targets?
AFP via Getty Images Key takeaways On Monday, OPEC announced that it would slash oil production targets for October by 100,000 barrels per day The group of oil producers expressed concerns over weaken...
A Master Concession In Saudi Arabia Is A Timely Win For French Travel Retailer Lagardere
Medina’s landmark mosque is Islam’s second holiest shrine and a place of pilgrimage. (Photo/ Abid … [+] Katib/Getty Images) Getty Images Lagardère Travel Retail has won a master conc...
Luxury EV Startup Lucid Looking To Raise Up To $8 Billion To Build Out Operations
Lucid’s top-end Air Sapphire can go over 200 mph and costs $249,000. Lucid Group Lucid Group, a maker of high-end electric sedans, filed a shelf registration to raise as much as $8 billion in multiple...
Usyk takes heavyweight victory over Anthony Joshua
Oleksandr Usyk celebrates with a flag of Ukraine after his heavyweight boxing victory over Britain’s Anthony Joshua in Jeddah, Saudi Arabia. Francois Nel | Getty Images Sport | Getty Images Olek...
It’s A Legacy Fight For Both Fighters And It Needs To Happen
Oleksandr Usyk defeated Anthony Joshua and now he wants a fight with Tyson Fury. (AP Photo/Hassan … [+] Ammar) Copyright 2022 The Associated Press. All rights reserved Moments after he defended ...
India, The Rising Power, Is Seeking Oil From The Middle East And Russia
Indian Prime Minister Narendra Modi is welcomed by UAE’s President Mohammed bin Zayed Al Nahyan in … [+] Abu Dhabi, UAE on June 28, 2022. (Photo by Presidential Affairs Ministry – UA...
Europe’s Self Inflicted Oil Crisis And The Saudis Last Laugh With U.S.
President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam … [+] Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. (Photo by Royal Court of Saudi Arabia...
Ex-Twitter Employee Convicted Of Sending Private Data To Saudi Government
Topline A former Twitter employee was convicted in federal court Tuesday for giving the government of Saudi Arabia information about regime critics’ social media accounts, according to multiple news o...
Saudi Arabia To Join The Ranks Of Trillion-Dollar Economies, Buoyed By Oil Surge
View of the Saudi capital Riyadh, on 12 December 2018 (Photo: Simon Kremer/picture alliance via … [+] Getty Images) picture alliance via Getty Images Saudi Arabia is set to join the ranks of the...
Saudi Arabia Makes Another Play For Foreign Capital, Launching Inward Investment Agency
Saudi investment minister Khalid al-Falih (right) speaks to the US senior advisor for energy … [+] security Amos Hochstein during an investment event in Jeddah, Saudi Arabia on July 16, 2022. (P...
Lucid (LCID) Q2 2022 earnings and production forecast
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
OPEC+ Quotas And Seinfeld Car Rentals
JEDDAH, SAUDI ARABIA – JULY 15 US President Joe Biden (L) being welcomed by Saudi Arabian Crown … [+] Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July...
LIV Golf Reshuffles Top Earners And Sends Pay Soaring
Thanks to Saudi Arabia’s bottomless well of petrodollars, LIV Golf has boosted the earnings of the top ten golfers by an estimated $370 million since June, bringing their combined haul to a record $65...
National Press Club Calls For Boycott Of Saudi-Backed LIV Golf Event
Topline The National Press Club on Tuesday became the latest group to slam LIV Golf over its financial ties to the government of Saudi Arabia, urging viewers to avoid tuning into the “blood money” org...
The U.S. Is Still The World’s Top Oil Producer
ODESSA, TEXAS – MARCH 13: An oil pumpjack setup in a residential neighborhood pulls oil from the … [+] Permian Basin oil field on March 13, 2022 in Odessa, Texas. The Permian Basin is the ...
Last Week, In “Games” That May Influence The Future Of Energy, President Biden Played Two Weak Hands.
President Joe Biden announces members of his climate and energy appointments. Getty Images Cards in the right hand. President Biden was in the Middle East last week trying to work a deal with Saudi Ar...
Could Electric Cars Save Ailing Aston Martin, As It Shakes Off Debt Burden?
James Bonds Aston Martin at the World Premiere of “NO TIME TO DIE”. (Photo by Tristan Fewings/Getty … [+] Images for EON Productions, Metro-Goldwyn-Mayer Studios, and Universal Pictu...