September 11, 2000
Saudi Arabia says that OPEC members could increase output again if the latest 800,000-barrel boost does not calm markets.
The Clinton administration responded cautiously on September 10th to OPEC’s 800,000 b/d boost in output, but singled out its closest Gulf ally, Saudi Arabia, for convincing others within the oil carte
Saudi Arabia plans to impose limits and sanctions on the use of water to tackle the danger of depleting national water resources.The move is an admission that government awareness campaigns have faile
Saudi Oil Minister Ali Nuaimi said Sunday OPEC was prepared to up its output again in November, the WAM news agency reported.
September 10, 2000
U.S. President Bill Clinton on September 7th said he told Saudi Crown Prince Abdullah bin Abdul-Aziz in a meeting the two had the night before in New York that crude prices are too high and urged OPEC
Saudi Oil Minister Ali al-Nuaimi told AFP Saturday that other OPEC members support a proposal for boosting oil production by more than 500,000 barrels day at a crucial weekend meeting in Vienna.
The Saudi state oil company Aramco, which has a monopoly on production in the kingdom, gave an upbeat assessment Saturday of its achievements in 1999, saying it made progress in oil exploration, produ
Saudi Oil Minister Ali al-Nuaimi told AFP Saturday that other OPEC members support a proposal for boosting oil production by more than 500,000 barrels day, although he declined to say which countries.
OPEC oil ministers were due to meet in full session Sunday for a crunch meeting to decide on a production hike of at least 500,000 barrels a day to ease soaring prices, which have sparked worldwide co
September 9, 2000
A Nigerian found guilty of trying to smuggle cocaine into Saudi Arabia was decapitated by the sword on Saturday.
Saudi who’s under intense pressure to help ease OPEC’s soaring oil prices has said that it hopes for an easy agreement on raising crude production.
September 7, 2000
SAUDI ARABIA (Albawaba) – Public schools in Saudi Arabia are losing students to better-equipped private schools, despite the high cost of a private sc
Saudi Arabia amputated the hand of a Bangladeshi man convicted of robbing Muslim pilgrims in Mecca, according Saudi state television, quoted by Gulf N
Higher oil prices linked to economic reform are expected to boost growth in Saudi Arabia's GNP (Gross National Product) to 5.3 percent, a Saudi banking report said Tuesday.
Saudi Crown Prince Abdullah, ahead of a meeting Wednesday with US President Bill Clinton, called for stable oil prices as Western pressure mounted to lower prices from their current 10-year highs.