Saudi reaffirms commitment to bridging global divides, driving energy transition, inclusive economic growth at WEF23
- Date: 26-Jan-2023
- Source: Eye of…
- Sector:Oil & Gas
- Country:Saudi Arabia
- Who else needs to know?
Saudi reaffirms commitment to bridging global divides, driving energy transition, inclusive economic growth at WEF23
Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland last week. His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, led the Saudi delegation of nine ministers and high-level officials, and told the world that geopolitical stability is key to energy
Energy Minister Prince Abdulaziz bin Salman of Saudi Arabia said in an interview with Energy Intelligence that the OPEC+ coalition would maintain the production limits agreed upon in October through the end of the year.
#RiseTVGlobal #AbdulazizBinSalman #SaudiArabia #OPEC
[email protected] is advancing #4G and #5G #privatenetworks as part of a proposed collaboration with @Aramco for digital transformation of industrial sectors including energy, petrochemical, and #manufacturing in Saudia Arabia. https://www.samsung.com/global/business/networks/insights/press-release/0324-aramco-signs-mou-with-samsung-electronics-to-localize-industrial-5g-communication-networks-and-facilitate-digital-transformation-in-saudi-arabia/
Oil Leaders: An Insider’s Account of Four Decades of Saudi Arabia and OPEC's Global Energy Policy (Center on Global Energy Po WOW7DLE
https://www.amazon.com/dp/B095FFQHNW
[email protected] ’s huge profits should help fund #energytransition https://buff.ly/3FvwtsC
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@vonderleyen @euronews
How Europe funding both🇺🇦🇷🇺 sides on this war
The flows also show how the global energy trade is being rerouted in the wake of sanctions on Russian supplies
@LukasKovanda
https://www.bloomberg.com/news/articles/2023-03-17/top-oil-exporter-saudi-arabia-loads-up-on-russian-diesel
China, the U.S., Saudi Arabia and Norway significantly altered a United Nations document that will shape global climate policy for years to come, according to an account of closed-door negotiations preceding its release. https://trib.al/2iOUs5e
Leading players in the global #energy market #Germany and #SaudiArabia join forces and resources to produce cost-competitive #hydrogen
@andysambidge
https://www.agbi.com/analysis/huge-potential-for-germany-and-saudi-to-collaborate-on-hydrogen/?utm_source=twitter&utm_medium=social&utm_campaign=&utm_content=&utm_term=
#SaudiArabia's hydrocarbon sector will benefit from curtailed Western demand for #Russian crude due to sanctions and price caps, and the lifting of COVID-19 restrictions in #China, spurring demand for non-Russian energy products. Explore @SPGCI: http://ow.ly/8GuV50Notph
Saudi-Iranian rapprochement may be a 'threat' to the U.S.' reputation in the region, said Karen Young, senior research scholar at the Center on Global Energy Policy at Columbia University
Saudi Aramco posts largest-ever annual profit for a fossil fuel company ($161.1 billion) "This surplus was amassed during a global cost-of-living crisis and aided by the increase in energy prices."
#FossilFreeFuture
https://buff.ly/3JVUVpA
With Nigeria,Venenzula,Iran,Iraq, Saudi Arabia & Russia & a few more of the OPEC nations getting together with China as members of BRICS+ where does it leave the western nations. The so called Global North, how do they go forward for their energy requirements. This fiasco of
Saudi-Iran rapprochement is a "threat" to America's reputation in the region, Columbia Center on Global Energy Policy's @ProfessorKaren tells CNBC's @dan_murphy @_hadleygamble
آن الأوان للسعودية للتحرّك في اتجاه يخدم مصلحة الإنسانية ويساند الاستغناء التدريجي عن قطاع الوقود الأحفوري، وهذا ضروري لمنع إلحاق المزيد من الضرر بالمناخ
http://amn.st/601237XFE
China controls 80%+ of the global solar supply chain. Russia and Iran have the largest natural gas reserves. Saudi Arabia and OPEC dominate oil. If we don't invest and mobilize workers NOW to put America 1st in nextgen energy, dictators will forever decide what we pay for energy.
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/031923-saudi-energy-sector-to-benefit-from-ukraine-war-china-reopening-s-p-global-ratings
SPGlobalComPlatts has published " Saudi energy sector to benefit from Ukraine war, China reopening: S&P Global Ratings " on 19/3/2023 #China #Russia #SaudiArabia
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/031923-saudi-energy-sector-to-benefit-from-ukraine-war-china-reopening-s-p-global-ratings
Quickly Cut Through Massive Amounts of Data https://bit.ly/3IqBlzO
As Iran and Saudi Arabia discuss selling energy in other currencies and applying to join #BRICS, China's Belt, and Road Initiative gains momentum.
The global economic balance of power is shifting.
Aramco's profits, the largest ever by a company, should support funding a global transition to renewable energy. https://buff.ly/3FvwtsC. #Saudi. #ksa. #humanrighs.
Aramco's profits, the largest ever by a company, should support funding a global transition to renewable energy. http://bit.ly/3JlM7bf. #Saudi. #ksa. #humanrighs.
Oil prices steady as Saudi Arabia & Russia meet, banks remain stable with support measures, OPEC+ sees market stabilizing & China's demand recovery supports. US Fed's less aggressive interest rate increases also helped. https://www.reuters.com/article/global-oil/oil-rises-on-demand-hopes-as-banking-fears-ease-idUSKBN2VJ02S
Saudi Govt Press Release
🇷🇺 Deputy PM Novak + 🇸🇦 Min. of Energy AbS
The two "friendly countries" discuss:
> Global petroleum market
> OPEC Plus enhancing market stability and balance
> Affirm commitment made last October to reduce production 2 million bpd to end of 2023
#oott
Oil prices bounce back after Saudi Arabia & Russia's meeting calms markets amid strong demand expectations from China. Brent crude rose to $75.51 & US WTI crude climbed to $69.13. Analysts warn of further decline & possible OPEC+ supply reduction. https://www.reuters.com/article/global-oil/oil-rebounds-1-as-investors-take-stock-of-banking-crisis-idUSKBN2VJ02S
Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week.
#energy
#crudeoil
China advances its energy/econ interests, but what it signals about its effort to supplant U.S. dominance in global governance may be even more important for Beijing. My analysis along with @GarrettNada, on #Iran, and @sarhangsalar, on #SaudiArabia @USIP
https://www.usip.org/publications/2023/03/what-you-need-know-about-chinas-saudi-iran-deal
#OOTT
OPEC covering up Russia overproduction. Finally getting to media and retail...now they need to address it. Told you all
Amena Bakr
SAUDI ENERGY MINISTER, RUSSIAN DEPUTY PM DISCUSS GLOBAL OIL MARKETS -SAUDI STATE MEDIA #OOTT #opec
10:29 AM · Mar 16, 2023