President Trump wants to boost oil drilling. His allies in the U.S. shale industry and Saudi Arabia are pushing back. Trump ...
However, what this country lacks in water, it certainly makes up for it with huge oil reserves. The country in question is Saudi Arabia, one of the richest nations globally. Despite its desert ...
Aramco and Saudi lithium startup LihaTech announced their successful extraction of lithium from oil fields in December.
Crude futures found some support in early trade after Saudi Arabia lifted prices for March loadings of all crude grades it ...
Saudi Arabia is expected to significantly raise its official selling prices for crude oil to Asia in March due to tightening ...
New Delhi: Saudi Arabia, a country that earns billions of dollars by supplying oil, is now all set to mine lithium, often referred to as the ‘new oil’. The kingdom has announced a deal between ...
The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended oil production cuts, it said on Friday in the latest update to its global ...
Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state mining company Ma'aden. The collaboration focuses on extracting lithium, a vital component in batteries ...
RIYADH — Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in the third quarter of 2024, driven by private sector investment and exports.
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