Saudi Crown Prince's Tour Signals Regional Reset

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Saudi Crown Prince Mohammed bin Salman's regional tour last week has underlined his position as king in waiting, ahead of his scheduled meeting with US President Joe Biden at the Gulf Cooperation Council (GCC) summit in Jeddah in mid-July. Prince Mohammed's trip to Egypt, Jordan and Turkey also reflects his desire to strengthen and rebuild alliances as Washington scales back its engagement in the region, while Russia and China look to grow their influence. The diplomatic outreach comes as high oil prices fill state coffers, enhancing the kingdom's economic position and ability to project its soft power through strategic regional investments.

Security Risk , Opec/Opec-Plus
Even if Brussels slips on its timeline to phase out Russian gas, Moscow still faces a huge challenge in carving out new markets at home and abroad.
Thu, Aug 11, 2022
A bill on its way to finalization in Washington will enact a fee on companies' methane emissions while placing new methane regulations on the books.
Fri, Aug 12, 2022
Eni CEO Descalzi says a second floating unit in the Rovuma basin could be done quickly and efficiently.
Mon, Aug 8, 2022