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Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices ...
Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...
Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such as The Line in Neom.
Oil markets ... their economies. In Saudi Arabia, several initiatives dubbed “giga-projects” are key to the country’s Vision 2030 plan. That includes the futuristic city of NEOM, intended ...
It has also gotten the Saudi population excited about the future, she said, “especially the young population.” At first glance, Saudi Arabia’s latest plan for reshaping global oil markets ...
(Bloomberg) — Saudi Arabia’s oil ... as usual at the biggest oil fields run by its international oil partners, according to people familiar with the matter. The Tengizchevroil joint venture that ...
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global ...