Sunday 19 May 2024
 
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Al Falih

Saudi ‘ready to meet rising oil demand from China’

Saudi Arabia's Energy Minister Khalid Al-Falih said the kingdom was ready to meet rising energy demand from China, state news agency SPA reported on Friday. "The Kingdom is ready to fulfill the rising energy dema

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Falih says oil price above $50 needed for investment

The oil industry needs a price of more than $50 per barrel to sustain investments, Saudi energy minister Khalid Al Falih told a German newspaper while adding that downward pressure on prices would prevail because of a huge stocks overhang.

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Saudi Aramco chairman Falih says no plans to cut oil production

State-owned oil company Saudi Aramco's chairman Khalid Al Falih said that the company has no plans to cut oil production and he foresees the oil market rebalancing in 2016, the Financial Times reported.   &qu

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Al Falih named Aramco chairman and health minister

Saudi King Salman appointed Saudi Aramco's chief executive as chairman of the state oil firm and health minister, in a reshuffle that is unlikely to change oil policy in the world's top crude exporter.  

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