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United Kingdom

Marwa Rashad

U.S. oil growth to slow, may spur shale buyouts: Schlumberger's Papa

14 Jan 2020

DHAHRAN, Saudi Arabia U.S. oil output growth is expected to slow over the next five years, likely prompting oil majors to "gobble up" smaller shale oil producers, Mark Papa, shale pioneer and non-executive chairman of Schlumberger, told Reuters.

U.S. oil growth to slow, may spur shale buyouts -Schlumberger's Papa

14 Jan 2020

* Slowing growth could spur takeovers of smaller shale players -Papa

Saudi energy minister: We want sustainable oil prices

13 Jan 2020

DHAHRAN, Saudi Arabia Saudi Arabia, OPEC's de facto leader, will work for oil market stability at a time of heightened U.S.-Iranian tension and wants to see sustainable prices and demand growth, the kingdom's energy minister said on Monday.

UPDATE 2-Saudi energy minister: We want sustainable oil prices

13 Jan 2020

DHAHRAN, Saudi Arabia, Jan 13 Saudi Arabia, OPEC's de facto leader, will work for oil market stability at a time of heightened U.S.-Iranian tension and wants to see sustainable prices and demand growth, the kingdom's energy minister said on Monday.

Saudi energy minister: We want sustainable oil prices

13 Jan 2020

DHAHRAN, Saudi Arabia Saudi Arabia, OPEC's de facto leader, will work for oil market stability at a time of heightened U.S.-Iranian tension and wants to see sustainable prices and demand growth, the kingdom's energy minister said on Monday.

Saudi Arabia sentences five to death over Khashoggi murder, U.N. official decries 'mockery'

23 Dec 2019

RIYADH/WASHINGTON Saudi Arabia on Monday sentenced five people to death and three to jail over the murder of Saudi journalist Jamal Khashoggi, but a U.N. investigator accused it of making a "mockery" of justice by allowing the masterminds of last year's killing to go free. | Video

Saudi Arabia's NCB, Riyad Bank pull plug on merger plan

16 Dec 2019

RIYADH Saudi Arabia's biggest lender by assets, National Commercial Bank (NCB) and Riyad Bank, the kingdom's fourth largest, said on Monday they had ended merger talks, without giving a reason.

Saudi Aramco hits Crown Prince's $2 trillion goal despite valuation doubts

13 Dec 2019

RIYADH/DUBAI Saudi Aramco hit the $2 trillion (£1.56 trillion) target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the state-owned oil firm's value. | Video

Saudis hail 'fortune-telling' prince for Aramco price prediction

12 Dec 2019

RIYADH/LONDON Saudis took to Twitter to celebrate Aramco's valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller.

Saudis hail 'fortune-telling' prince for Aramco price prediction

12 Dec 2019

RIYADH/LONDON, Dec 12 Saudis took to Twitter to celebrate Aramco's valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller.

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