Khalid Al-Falih

Russian Energy Minister to visit Saudi Arabia soon

Russian Energy Minister Alexander Novak said he will visit Saudi Arabia in the near future. Novak said that he planned to visit Saudi Arabia in the near future to meet with Saudi officials ahead of Russian …

Russian Energy Minister to visit Saudi Arabia soon

Al Falih loses key role in Saudi Aramco

Saudi Energy Minister Khalid Al Falih has lost his role as chairman of the board for Saudi Aramco, Al Falih announced on Twitter Monday. Al Falih will step down from his role as chairman in Aramco’s attempt …

Al Falih loses key role in Saudi Aramco

OPEC's dilemma

OPEC sees new oil surplus in 2020 as U.S. shale surges again

OPEC's dilemma

Nine-month extension of oil output cut deal agreed

OPEC + countries voted in favor of joining the OPEC decision to extend the oil output cut deal for nine months while maintaining the quota of the old agreement. "Thank you very much; I believe that we have now joined the decision …

Nine-month extension of oil output cut deal agreed

OPEC+ deal to be extended until April 2020?

  The most probable and the most discussed period for renewal of OPEC+ oil production capping deal is until April of the next year, a high-ranking source in the alliance said. "Nine months, rather than six, …

OPEC+ deal to be extended until April 2020?

What to expect after July OPEC+ summit?

OPEC+, a group of 24 oil-producing countries, look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and Russia in endorsing a policy aimed at propping up the price of crude …

What to expect after July OPEC+ summit?

Al-Falih assesses OPEC+ deal perspectives

Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih believes that the benefit of participation in OPEC+ is obvious. The minister noted that he met with the Russian President …

Al-Falih assesses OPEC+ deal perspectives

Russia and Saudi Arabia to discuss energy cooperation

Russia and Saudi Arabia’s energy ministers, Alexander Novak and Khalid al-Falih, will chair a trade and economy commission in Moscow on June 10, the Russian energy ministry said. According to …

Russia and Saudi Arabia to discuss energy cooperation

Oil price drops back to $60

Oil prices fell today amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended. Brent crude futures, the international benchmark for oil prices, were …

Oil price drops back to $60

World is awash in oil?

Saudi energy minister says world does not need any more oil in coming months

World is awash in oil?

Riyadh stays within OPEC+ deal

Saudi Energy Minister Khalid al-Falih said that the kingdom will stay within OPEC+ deal and will not exceed its limit. Earlier, U.S. President Donald Trump said he persuaded Saudi Arabia to increase the …

Riyadh stays within OPEC+ deal

OPEC+ expresses gratitude to Azerbaijan

The OPEC and non-OPEC countries fulfilled their obligations to reduce oil production, according to the Joint Ministerial Monitoring Committee (JMMC) communiqué, seen by Vestnik Kavkaza. The 13th meeting of the OPEC/non-OPEC …

OPEC+ expresses gratitude to Azerbaijan

Khalid Al-Falih warns of dangers of new anti-Russian sanctions

The new sanctions that the US recently has threatened to impose on Russia will have a negative impact on the world, the head of the Ministry of Energy, Industry and Mineral Resources of Saudi Arabia, Khalid al-Falih, warned at a press conference …

Khalid Al-Falih warns of dangers of new anti-Russian sanctions

Novak confirms participation in OPEC+ meeting in Baku

Representatives of 14 countries, including Russian Energy Minister Alexander Novak, confirmed their participation in the 13th meeting of the Joint OPEC and non-OPEC Ministerial Monitoring Committee in Baku, according to the …

Novak confirms participation in OPEC+ meeting in Baku
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