Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
In keeping Ali Naimi as Oil Minister, Saudi Arabia’s King Salman has given the clearest signal yet that there will be no near-term change in Saudi oil output policy. That message is quite clear. Not so are the structural and leadership changes at Saudi Aramco, where the pieces of the puzzle remain incomplete.
Saudi Arabia’s new king Salman on 29 April issued a series of decrees that radically changed the makeup of Saudi Aramco, which oversees the kingdom’s 10mn b/d of oil production and is as such the world’s biggest oil company in terms of reserves. But as yet there is no clear indication of how the reorganization will impact management of the all-important energy sector.
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE