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IEA revises up global oil demand growth forecast

- IEA revises up its 2025 oil demand growth forecast to 790,000 bpd from 710,000 bpd

14:52 Oil

Saudi Arabia ramps up AI ambitions with Humain at the helm

- Riyadh unveils major investments, partnerships and new AI systems as it aims to become world’s No. 3 AI power

03.11.2025 General

Global oil demand set to rise in 2025, IEA says

- World oil output to rise 2.7 million bpd in 2025, 2.1 million in 2026, IEA sees

11.09.2025 Oil

Syria, Saudi Arabia sign energy cooperation agreement

- Damascus, Riyadh agree to boost collaboration across electricity, oil, gas, renewables, and technology

28.07.2025 General

Saudi Arabia, Indonesia sign deals worth around $27B

- Agreements span clean energy, petrochemical industries and aviation fuel services

03.07.2025 General

IEA revises down global oil demand growth forecast

-Global oil demand is expected to reach 103.76 million bpd this year, representing an increase of about 720,000 bpd compared to last year, according to the IEA's Oil Market Report

17.06.2025 Oil

Saudi Arabia and Kuwait announce new oil discovery in Partitioned Zone

- Wara reservoir in North Wafra (Wara-Burgan-1) well shows production rate exceeding 500 barrels per day

26.05.2025 Oil

China-Saudi energy alliance challenges global geopolitical balance

- Ahead of US President's visit to Middle East on May 13, agreements signed between China's Sinopec and Saudi Aramco underscore growing energy partnership between Beijing and Riyadh

12.05.2025 Energy Diplomacy

Int. Energy Agency revises down oil demand growth forecast for 2025

- US and China account for roughly half of downgrade, with trade-oriented Asian economies making up majority of rest, says IEA

15.04.2025 Oil

US in talks with Saudi Arabia on nuclear technology agreement, says US energy secretary

- ‘I think in the short run, we’ll sign a broader agreement about cooperation across the energy space,’ says Chris Wright

14.04.2025 General

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OPEC daily crude output down 0.29% in March

- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day

14.04.2025 Oil

Global oil demand loses momentum

- Oil demand growth down significantly from 1.9% in 2023 to 0.8% in 2024

31.03.2025 Oil

Ukraine says it had 'productive' talks with US in Saudi Arabia

- 'We addressed key points, including energy,' says Defense Minister Rustem Umerov

24.03.2025 General

Syria, Saudi energy company discuss cooperation in agricultural sector

- Two sides discuss 'ways to rehabilitate agricultural infrastructure to build integrated projects that contribute to greater investment and the creation of new job opportunities'

13.03.2025 Finance Energy Projects