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Ali al-Naimi
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CSIS CONFERENCE ON US - SAUDI RELATIONS AND ENERGY SECURITY
(L-R) Saudi Arabian Minister of Petroleum and Mineral Resources Eng. Ali Al-Naimi, Sheik Hamad Al-Sayari, Governor of the Saudi Monetary Agency, and Dr. Ibrahim Al-Assaf, the Saudi Minister of Finance, listen to a speach during a conference on the United States and Saudi Arabia relationship and their interests in energy security, on April 27, 2004 in Washington. The conference was sponsored by CSIS and dealt with oil reserves, production, prices and security..(UPI Photo/Michael Kleinfeld)
UPI Related News
RIYADH, Saudi Arabia, Jan. 26 (UPI) -- Saudi Arabia's oil minister Ali al-Naimi said the world's largest oil exporter would reduce production beyond its quota agreement to prop up prices.
RIYADH, Saudi Arabia, Jan. 6 (UPI) -- The Saudi petroleum minister said the state-owned Saudi Aramco found five new oil fields and three more gas fields in the eastern provinces.
ORAN, Algeria, Dec. 16 (UPI) -- Saudi Arabia's oil minister said Tuesday that the Organization of Petroleum Exporting Countries would cut production by 2 million barrels a day.
BAGHDAD, July 8 (UPI) -- The Shiite-led government of Iraq follows a "tyrannical mentality" that stokes the fires of sectarian conflict, a spokesman for the Islamic Army in Iraq said.
NEW DELHI, June 19 (UPI) -- India has asked OPEC member countries to raise their crude production to reduce the prices of global crude.
WASHINGTON, June 17 (UPI) -- The same day Saudi Arabia said it would boost production to record heights, global oil prices soared to a new world record of close to $140 a barrel.
WASHINGTON, May 22 (UPI) -- The U.S. presidential election may have been decided in Riyadh last Friday. U.S. President George W. Bush asked King Abdullah bin Abdelaziz of Saudi Arabia to use his country's power as the global swing producer of oil to bring down skyrocketing global petroleum prices -- and the king said "No."
Algeria will invest $45 billion in energy production; Against other OPEC members, Saudi Arabia has said that it will increase its oil output; PetroChina has said it resumed oil supply in areas hit by the earthquake in Sichuan province
RIYADH, Saudi Arabia, May 16 (UPI) -- Saudi officials said Friday that oil production in the country is being increased by 300,000 barrels a day to meet the demands of its customers.
RIYADH, Saudi Arabia, March 22 (UPI) -- U.S. Vice President Dick Cheney discussed ways to steady the global oil market with Saudi Arabia's King Abdallah in Riyadh, a report said.
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