DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Energy Prince Abdulaziz bin Salman al - 4 Saud - 4 Prince Abdulaziz bin Salman - 4 Alexander Novak - 3 — - 3 Energy Prince Abdulaziz bin Salman - 2 Abdulaziz - 2 Brent - 2
Top related locs:
Riyadh Vienna Saudi Arabia OPEC Russia Moscow Saudi UAE
Top related orgs:
Energy - 6 Petroleum - 5 OPEC - 3 Organization of - 3 Saudi - 2 Saudi Press Agency - 2 Saudi Energy - 2 Organization of Petroleum Exporting - 2

Search resuls for: "Energy Prince Abdulaziz bin Salman"


7 mentions found


☆ Saudi Arabia, Russia and several OPEC+ producers extend voluntary crude supply cuts until end of June
  + stars: | 2024-03-03 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +4 min
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman al-Saud gesture upon his arrival at the 8th OPEC International Seminar in Vienna on July 5, 2023Heavyweights Saudi Arabia and Russia, alongside several other key OPEC+ producers, will extend their voluntary crude supply cuts until the end of the second quarter. Saudi Arabia will stretch out its voluntary crude production cut of 1 million barrels per day until the end of the second quarter, the state-owned Saudi Press Agency said Sunday, citing an official source from the country's Ministry of Energy. Riyadh's crude production will be approximately 9 million barrels per day until the end of June, the announcement said. Back in November, OPEC+ countries had held a formal policy of collectively reducing their output by 2 million barrels per day until the end of 2024. Unlike formal policy changes, voluntary cuts do not require the group's unanimous consent during an official meeting and bypass the need to distribute production cuts or increases among OPEC+ members.
Persons: Energy Prince Abdulaziz bin Salman al, Saud, Alexander Novak, —, Prince Abdulaziz bin Salman Organizations: Saudi, Energy, OPEC, Organization for, Petroleum, Saudi Press Agency, country's Ministry of Energy, Tass, Moscow, Google, INA, Hamas, Saudi Energy Locations: Vienna, Saudi Arabia, Russia, OPEC, Riyadh, Moscow, Russian, Iraq, UAE, Iran, Gaza, China, Aramco
☆ First hydrogen train in Middle East to begin trials next week, Saudi energy minister says
  + stars: | 2023-10-08 | by ( ) www.reuters.com   time to read: 1 min
Companies First Hydrogen Corp FollowRIYADH, Oct 8 (Reuters) - Saudi Arabia's Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East will begin trials next week. "It will be on trial for next week, hopefully for the next few months.. We will have the first hydrogen train in the Middle East," the minister said, speaking at the UN MENA Climate Week in Riyadh. The minister also said that Saudi Arabia will be launching a "credible, transparent and adaptable domestic market mechanism" on Monday, without elaborating. Reporting by Aziz El Yaakoubi; Writing by Rachna Uppal; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Persons: Energy Prince Abdulaziz bin Salman, Aziz El Yaakoubi, Rachna Uppal, Toby Chopra Organizations: First Hydrogen Corp, Saudi Arabia's Minister, Energy, Thomson Locations: RIYADH, UN, Riyadh, Saudi Arabia
☆ Saudi energy minister says latest Riyadh-Moscow oil cuts showed unity with Russia
  + stars: | 2023-07-05 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +2 min
Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud speaks during a panel discussion at the 10th Arab-China Business Conference in Riyadh, on June 11, 2023. The latest round of voluntary crude oil output cuts evidence the cooperation between heavyweight producers and allies Russia and Saudi Arabia, the kingdom's Energy Minister Prince Abdulaziz bin Salman said on Wednesday. On Monday, Saudi Arabia said it would extend the 1-million-barrel-per-day production cut it had initially flagged for July into August, while Russia announced a 500,000 barrel-per-day decline in exports next month. Unlike alliance-wide OPEC+ policy decisions, voluntary production declines do not require unanimous approval and need not be implemented by all group members. "It was a voluntary cut that was not imposed on them … including delivering, that they will do it from their exports, because it is more meaningful," Abdulaziz said Wednesday.
Persons: Energy Prince Abdulaziz bin Salman al, Saud, Prince Abdulaziz bin Salman, Prince Abdulaziz, Abdulaziz Organizations: Energy, China Business Conference, kingdom's Energy, Organization of, Petroleum Locations: Saudi, Arab, Riyadh, Russia, Saudi Arabia, OPEC, Moscow, Vienna, Europe, Asia
☆ Saudi energy minister defends voluntary oil cuts as precautionary
  + stars: | 2023-06-04 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +1 min
Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud arrives for the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna on June 3, 2023Saudi Energy Minister Prince Abdulaziz bin Salman defended the voluntary output cuts announced by some allied oil producers in April, which he noted were first criticized as likely to spike crude prices — then, as failing to support them. This Sunday, they extended these measures through the end of 2024, with Riyadh announcing an additional 1 million-per-day voluntary and extensible drop, starting in July. The OPEC+ group otherwise collectively decided to stick to its targets for 2023, with production at 40.463 million barrels per day next year. On Sunday, the Saudi oil minister defended the voluntary moves as precautionary. "It was just our sensibility, if you will call it, that the environment was not sufficiently allowing confidence to be there.
Persons: Energy Prince Abdulaziz bin Salman al, Saud, Prince Abdulaziz bin Salman, —, Abdulaziz, CNBC's Dan Murphy Organizations: Energy, Organization of Petroleum Exporting, Saudi Energy, Organization of, Petroleum Locations: Saudi, Vienna, OPEC, Riyadh
☆ OPEC+ sticks to 2023 oil production targets as Saudi Arabia announces further voluntary cuts
  + stars: | 2023-06-04 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +3 min
Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud arrives for the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna on June 3, 2023. The influential Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, on Sunday made no changes to its planned oil production cuts for this year, as coalition chair Saudi Arabia announced further voluntary declines. OPEC+ also announced in a statement that it will limit combined oil production to 40.463 million barrels per day over January-December 2024. The Saudi energy minister described the kingdom's additional 1 million barrel-per-day voluntary reduction as a "Saudi lollipop" and stressed it will implemented. Ahead of the meeting, Saudi oil minister Prince Abdulaziz bin Salman in late May warned oil market speculators to "watch out," in a comment widely read as heralding another supply cut.
Persons: Energy Prince Abdulaziz bin Salman al, Saud, Alexander Novak, Suhail, Prince Abdulaziz bin Salman, Brent Organizations: Energy, Organization of Petroleum Exporting, of, Petroleum, Sunday, Russia's, Reuters, OPEC Locations: Saudi, Vienna, OPEC, Saudi Arabia, Russia, UAE, Moscow, Riyadh
☆ Saudi Arabia to slash oil production again as OPEC+ extends supply curbs
  + stars: | 2023-06-04 | by ( Mark Thompson | ) edition.cnn.com   time to read: +4 min
“The Kingdom [of Saudi Arabia] will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day, starting in July for a month that can be extended,” the state-owned Saudi Press Agency said Sunday. The Saudi statement followed a meeting Sunday in Vienna of the alliance known as OPEC+, which includes members of the Organization of the Petroleum Exporting Countries (OPEC), Russia, and other smaller producers. At the meeting, Riyadh also agreed to extend a production cut of 500,000 barrels per day — announced in April — through 2024. Other members of OPEC+ would also continue to curb output until the end of next year, Reuters reported. Oil prices surged after the surprise April cut, reaching a peak later that month, but reversed course in subsequent weeks.
Persons: —, Alexander Novak, Saudi Ministry of Energy “, Brent, Energy Prince Abdulaziz bin Salman, Joe Klamar, “, ”, …, ” Prince Abdulaziz bin Salman Organizations: London CNN, Saudi Press Agency, Organization of, Petroleum, Reuters, Saudi Ministry of Energy, OPEC, Federal, Saudi, Energy, Bloomberg, Wall Street Journal Locations: Saudi Arabia, OPEC, Saudi, Vienna, Russia, Riyadh, —, Moscow, Ukraine —, AFP, Qatar, United States, China, Germany, Europe’s
☆ Saudi energy minister sees no clear results yet from Russia price cap
  + stars: | 2022-12-11 | by ( Aziz El Yaakoubi | ) www.reuters.com   time to read: +3 min
[1/2] Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. "These tools were created for political purposes and it is not clear yet whether they can achieve these political purposes," he said, referring to the price cap. The OPEC+ alliance decision to cut production by 2 million barrels per day on Oct. 5 was proven to be the correct one when recent developments are taken into consideration, he said. Prince Abdulaziz said the alliance would continue to focus on market stability in the year ahead. He also said he insisted that every OPEC+ alliance member take part in decision-making.
0 next >>
Total: 7