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Ali Al Naimi

Ali Al Naimi latest

Al Bawaba
May 25th, 2015 - 07:19 GMT

OPEC producers to defend market share in face of mounting competition and domestic needs

OPEC likely to resist price cuts and output, as US increases production and summer domestic needs absorb supply.
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"Everybody gets a little more imaginative, because they need to," says Hans-Christian Freitag, vice president of technology for the drilling services company Baker Hughes.
March 25th, 2015 - 05:39 GMT

Shale won't go stale: US drillers have decided to fight OPEC back

Al Bawaba
December 30th, 2014 - 02:00 GMT

The world oil market vis-a-vis Saudi Arabia's 'hard-headedness': where to?

"The power of convincing will prevail tomorrow... I am confident that OPEC is capable of taking a very unified position," Naimi said
November 27th, 2014 - 12:30 GMT

A consensus to fight over market share: OPEC heads towards no ouput cut

For now, however, the US-led surge in supply and weak demand have seen traders start to store additional barrels as they wait for prices to recover.
September 14th, 2014 - 03:55 GMT

The pendulum is swinging? Falling oil prices shifts energy balance in favor of the West

Al Bawaba
August 27th, 2014 - 07:41 GMT

Oxford Business Group launches 2014 guide to Saudi Arabia

The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.
July 7th, 2014 - 11:44 GMT

It's complicated: Shell gives up its gas investments in Saudi Arabia

audi Arabia’s domestic consumption needs have soared as its 28-million population enjoys heavily-subsidised petrol and power while its oldest oilfields.
December 24th, 2013 - 06:15 GMT

Are Saudi Arabia's OPEC oil tactics delusional or realistic? Why it's probably the former

According to Stephen Pryor, president of Exxon Mobil chemicals, the shale gas boom in the US has triggered a round of protectionist policies resulting in trade restrictions.
November 20th, 2013 - 05:48 GMT

Time for a wake-up call: shale boom triggering over-protectionism, threatening the Gulf

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen at the headquarters building in Vienna on April 4, 2013 (ALEXANDER KLEIN/AFP/Getty Images)
May 20th, 2013 - 10:51 GMT

OPEC forecasts hike in oil demand

The Organization of the Petroleum Exporting Countries’
May 13th, 2013 - 01:10 GMT

OPEC crude output rebounds from lowest in more than 12 months

Country will be “lucky to go past” its current oil production of about 9 mbpd by 2020
May 13th, 2013 - 09:09 GMT

Saudi Arabia to maintain its current oil production capacity

The kingdom now appears content to live with prices around $110
January 13th, 2013 - 11:04 GMT

Saudi doesn't need to scrape the barrel: raising the bar for target oil price

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