• 1 day PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 1 day Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 1 day Syrian Rebels Relinquish Control Of Major Gas Field
  • 1 day Schlumberger Warns Of Moderating Investment In North America
  • 1 day Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 1 day Energy Regulators Look To Guard Grid From Cyberattacks
  • 2 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 2 days New Video Game Targets Oil Infrastructure
  • 2 days Shell Restarts Bonny Light Exports
  • 2 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 2 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 2 days British Utility Companies Brace For Major Reforms
  • 2 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 2 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 2 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 2 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 3 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 3 days Rosneft Signs $400M Deal With Kurdistan
  • 3 days Kinder Morgan Warns About Trans Mountain Delays
  • 3 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 3 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 3 days Russia, Saudis Team Up To Boost Fracking Tech
  • 4 days Conflicting News Spurs Doubt On Aramco IPO
  • 4 days Exxon Starts Production At New Refinery In Texas
  • 4 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 4 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 4 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 4 days China To Take 5% Of Rosneft’s Output In New Deal
  • 4 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 5 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 5 days VW Fails To Secure Critical Commodity For EVs
  • 5 days Enbridge Pipeline Expansion Finally Approved
  • 5 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 5 days OPEC Oil Deal Compliance Falls To 86%
  • 5 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 5 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 5 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 6 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 6 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 6 days Aramco Says No Plans To Shelve IPO
Finally: A Way To Invest In Blockchain

Finally: A Way To Invest In Blockchain

Cryptocurrencies and the blockchain are…

World Class Copper Auction Draws Major Interest

World Class Copper Auction Draws Major Interest

Peru’s mega Michiquillay copper is…

Secretary of State John Kerry Tours Saudi Arabia

Secretary of State John Kerry Tours Saudi Arabia

John Kerry, the US Secretary of State, is touring Saudi Arabia in an attempt to repair relationships between the two countries after it was suggested that Saudi Arabia was chilling the long standing alliance.

Between meetings with the foreign minister Prince Saud al-Faisal and King Abdullah, Kerry said that “we have very important things to talk about to make sure the Saudi-U.S. relationship is on track, rolling forward and doing things that we need to accomplish. The Saudis are very, very important to all of us. The Saudis are really the senior player in the Arab world together with Egypt.”

Saudi Arabia is disgruntled with the way that the US has dealt with the civil war in Syria, the continued construction of Israeli settlements on Palestinian land, and the willingness to slacken sanctions against Iran, the major rival to Saudi Arabia’s dominance in the Middle East. It wants US foreign policy under Obama to be stronger and more decisive.

Related article: Syrian Conflict Moves Closer to Iraq

The Arab News daily newspaper wrote that “Riyadh’s alienation from its ally stems from how the U.S. has continued in recent years to drag its feet on securing a peace settlement in Palestine, and most particularly from how it has pursued a wishy-washy policy in Syria.”

A senior official from the State Department spoke to Reuters to tell them that rumours of a growing rift with Riyadh were untrue. “We have a tremendous number of ongoing discussions, virtually on a daily basis, with senior Saudi officials.”

Mustafa Alani, an analyst at the Gulf Research Centre, explained that Saudi officials had been disappointed by the US’s weak efforts to force peace in Syria and the disarmament of all chemical weapons.

“The Saudis' position will not be changed until it's proven on the ground that the U.S. is changing its policy. They want a clear commitment from the American side that Geneva 2 (peace talks) will not turn into 3, 4 and 5. And if this process fails to achieve the objective of removing Assad from power, the Americans should change their policy from diplomacy to changing the balance on the ground.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News