Saudi Arabia’s Cabinet has reiterated its rejection of threats to maritime navigation and global energy supplies, calling for urgent international action to protect shipping and ensure the flow of international trade.
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Energy traders have long had a recurring nightmare. It starts with a narrow strait between Iran and Oman, through which about a fifth of the world’s oil normally passes, and ends with tankers anchored, insurers raising their rates and the price of a barrel…
Saudi Arabia’s cabinet, chaired by King Salman in Riyadh on Tuesday, stressed the need for international cooperation to protect global energy security, trade, supply chains and maritime navigation amid regional tensions.
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A panel session titled "Energy and AI as Co-Enablers," held as part of the 25th WPC Energy Congress, discussed the role of energy in enabling artificial intelligence and the interdependent relationship between the two sectors.
The Ministry of Energy today announced the results of a competition for a license to establish, own, and operate a natural gas distribution network in the industrial city of Al-Kharj in central Saudi Arabia.
