Saudi Arabia and the US on Monday signed an agreement to establish a framework for cooperation in the area of clean energy and carbon management.
Energy Minister Khalid Al-Falih and visiting US Energy Secretary Rick Perry signed a memorandum of understanding (MoU) after a US-Saudi energy meeting held in Riyadh.
Later in the day King Salman received Perry at Al-Yamamah Palace andRead more
Saudi Energy Minister Khaled al-Faleh said Monday that oil producing nations could start discussing in June when to raise output, though OPEC is expected to maintain curbs until it clears a global glut.
OPEC and its partners agreed last week to keep a lid on output for all of 2018, a strategy that aims to reduce a global excess inRead more
Saudi Arabia has invited US firms to take part in developing its civilian nuclear power program, and is not interested in any way in diverting nuclear technology to military use, energy minister Khalid Al-Falih told reporters on Monday.
He was speaking after meeting with US Energy Secretary Rick Perry, who said it would be premature to make statements about agreementsRead more
Canada’s natural resource minister said Saturday despite the approval of Keystone XL pipeline, his government remains determined to diversify its oil exports beyond the US.
The minister, Jim Carr, told The Associated Press that President Donald Trump’s approval of the pipeline is “good news.” But he said there are other important projects like the recently approved TransMountain pipeline that willRead more
President-elect Donald Trump has chosen former Texas Gov. Rick Perry to head the US Department of Energy, a source close to the transition said, putting him in charge of an agency he proposed eliminating during his bid for the 2012 Republican presidential nomination.
The choice of Perry adds to the list of oil-drilling advocates skeptical about climate change who TrumpRead more
U.S. President-elect Donald Trump announced Wednesday he will pick former Texas governor Rick Perry to head the Department of Energy.
"As the Governor of Texas, Rick Perry created a business climate that produced millions of new jobs and lower energy prices in his state, and he will bring that same approach to our entire country as Secretary of Energy," TrumpRead more
Rick Perry, the former governor of oil-rich Texas who once vowed to eradicate the Energy Department if elected president, is Donald Trump’s pick for energy secretary, US media reported.
The Texas native, who participated in the Republican primary but was crushed by President-elect Trump early on, was seen Monday afternoon entering and exiting Trump Tower in Manhattan.
Perry once assailedRead more