Tag: Saudi Arabia

[2016] China’s President Xi in the Middle East: From U.S. Regime Change to Chinese Economic Development?

Tina Marie (Ms. Cat)

China’s President Xi in the Middle East: From U.S. Regime Change to Chinese Economic Development?

At the same time, bilateral trade has soared to $74 billion. China is Saudi Arabia’s largest trade partner. During Xi’s visit, Saudi Aramco and China’s Sinopec signed a $1.5 billion agreement for strategic cooperation. China also plays a role among Saudi Arabia’s military suppliers.
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Reminder, to myself, to check other connections to the Middle East.

Joint Russia-Saudi Oil Price Move Could Crush a Fragile Fracking Industry in U.S.

Tina Marie (Ms. Cat)

With all the hype around American “energy independence” in recent years, few in mainstream energy circles have dared call-out the underlying exposure and structural weakness of the unconventional oil and gas industry – which must guarantee a certain price per unit or barrel in order for producers to turn a profit. At these present levels, the industry is heading for a collapse.
— Read on 21stcenturywire.com/2020/03/12/joint-russia-saudi-oil-price-move-could-crush-a-fragile-fracking-industry-in-u-s/

Economic Expert Discloses US-Saudi Arabia Agreement on Yemen’s Oil Reserves

Tina Marie (Ms. Cat)

“Saudi Arabia has signed a secret agreement with the US to prevent Yemen from utilizing its oil reserves over the past 30 years,” Yemeni Economist Hassan Ali al-Sanaeri told FNA on Sunday.

“The scientific research and assessments conducted by international drilling companies show that Yemen’s oil reserves are more than the combined reservers of all the Persian Gulf states,” he added.

Al-Sanaeri added that Yemen has abundant oil reserves in Ma’rib, al-Jawf, Shabwah and Hadhramaut regions.
— Read on www.tehrantimes.com/news/409031/Economic-Expert-Discloses-US-Saudi-Arabia-Agreement-on-Yemen-s