Saudi Aramco’s biggest asset could also be a liability. Its vast oil reserves — the state-owned Aramco producer can sustain current production levels for the next 50 years — make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels.
Wed, 21 Aug, 2019
In a midsummer week that may culminate when — if — the sinister buffoon Boris Johnson becomes the 14th British prime minister of Queen Elizabeth’s near seven-decade reign, it is not hard to argue that politics have failed.
Mon, 17 Jun, 2019
A military base deep inside Saudi Arabia appears to be testing and possibly manufacturing ballistic missiles, experts and satellite images suggest, evidence of the type of weapons programme it has long criticised its arch-rival Iran for possessing.
Sat, 26 Jan, 2019
President Emmanuel Macron has invited Saad Hariri and his family to travel to France after the Lebanese prime minister's surprise resignation earlier this month amid allegations Saudi Arabia is holding him prisoner.
Wed, 15 Nov, 2017
To understand why Saudi Arabia changed course and decided Opec should go back to managing supply, look at two of the kingdom’s biggest policy challenges: The urgent need to plug holes in its budget and the plan to sell a stake in the state-owned oil monopoly.
Wed, 07 Dec, 2016
Saudi Arabia will only freeze its oil output if Iran and other major producers do so, the kingdom’s deputy crown prince said, challenging the country’s main regional rival to take an active role in stabilising the over-supplied global crude market.
Sat, 02 Apr, 2016