Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media outlet: Netanyahu and Katz are expected to conduct a security assessment soon, and a wave of attacks in Gaza is anticipated later
Israeli media outlet: Gunmen emerged from a tunnel in Rafah and attacked forces in the area with gunfire and anti-tank missiles
Local sources from Damascus countryside: An Israeli occupation drone targeted the road connecting the town of Beit Jinn and Tell Bat al-Warda with 3 airstrikes, without any reported casualties
Al Mayadeen's Beirut Bureau chief: Addition of non-military envoy was agreed upon to pursue non-technical matters.
Al Mayadeen's Beirut Bureau Chief: Lebanese Presidency's statement affirms Lebanon's readiness to attend talks in an effective capacity.
Lebanese Presidency: President has assigned former Ambassador Simon Karam to head military technical committee in talks.
Israeli occupation forces carry out an arrest campaign during a raid on Surif, north of Al-Khalil in the southern occupied West Bank.
Syrian Foreign Ministry: Damascus expresses its gratitude to the countries that voted in the UN General Assembly in favor of ending the Israeli occupation of the Syrian Golan.
Ushakov: Russia and the United States agreed not to disclose the substance of the Putin–Witkoff talks.
Ushakov: No specific formulas were discussed during the meeting, but rather the essence of what was included in the US documents.

Saudi Arabia discussing energy cooperation with China

  • By Al Mayadeen English
  • Source: Axios
  • 22 Oct 2022 16:12
  • 1 Shares
3 Min Read

The topics of the cooperation talks were paralleled with Biden's agenda in his last visit to the kingdom.

  • x
  • Saudi Arabia discussing energy cooperation with China
    A screengrab of the virtual meeting which went down between the Saudi energy minister, Prince Abdulaziz bin Salman bin Abdulaziz, and his Chinese counterpart, Zhang Jianhua.

Saudi Arabia is studying prospects for energy cooperation with China, local Saudi news reveals. 

On Friday, Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz, held a virtual meeting with his counterpart in China, Zhang Jianhua, to discuss cooperation in the global oil market and nuclear energy. 

The crisis comes as a political crisis deepens between Washington and Riyadh, especially after Saudi Arabia led a decision in OPEC+ to cut oil production by 2 million barrels a day as of November, after Biden did all in his lobbying power to halt the decision. 

Biden, in a retaliatory statement, said that the US would have to re-evaluate its decision with Saudi Arabia. 

Read next: US-KSA standoff: Riyadh defies Washington prior to OPEC production cut

In a video conference with China’s National Energy Administrator, the two ministers “confirmed their willingness to work together to support the stability of the international oil market” and stressed the need for “long-term and reliable oil supply to stabilize a global market that endures various uncertainties due to complex and changeable international situations."

The two also discussed cooperation and joint investments in countries that China sees as part of the "Belt and Road" initiative. During the Trump administration's reign, Washington's cooperation with Saudi Arabia on nuclear energy was to prevent Saudi-Chinese cooperation.

Funny, however, is that Biden's most recent visit to the kingdom held discussions on development projects to sideline Chinese interest and plans in the region.

In addition to discussing nuclear uses, the ministers also discussed electricity, renewable energy and clean hydrogen cooperation - the same topics discussed during Biden's visit. 

Oil analyst Ellen Wald told Axios through email: "The statement that Saudi Arabia and China are committed to strengthening their cooperation in the energy sphere is a clear rebuke aimed at Washington." 

"This statement doesn't indicate any new policies, but is designed to remind the Biden administration that Saudi Arabia has other important energy relationships and that Saudi oil policy does not come from Washington — it comes from Riyadh," she said.

On Tuesday, Biden announced plans to release up to 15 million barrels of oil from the country's emergency oil reserves to combat rising fuel costs. The oil release would be the latest portion of a deal struck last spring to release 180 million barrels of oil from energy companies. 

  • Zhang Jianhua
  • Joe Biden
  • Saudi Arabia
  • China

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The Resistance Front and BRICS

  • Opinion
  • 29 Nov 2025
Four killed, ten wounded in targeted California shooting in Stockton

Four killed, 10 wounded in 'targeted' California shooting

  • US & Canada
  • 30 Nov 2025
Point-blank killings: 'Israel' executes 2 Palestinian youths in Jenin

Graphic footage: IOF execute 2 Palestinians from point blank in Jenin

  • Politics
  • 27 Nov 2025

Coverage

All
In Five

Read Next

All
The US-led regime change in Venezuela angers MAGA.
Politics

US-led regime change in Venezuela angering MAGA

French journalist unions sue 'Israel' over restrictions in Gaza and the West Bank.
Politics

French journalist unions sues 'Israel' for obstructing press freedom

In this Jan. 25, 2012, file photo, senior Fatah leader Marwan Barghouti appears at occupied al-Quds court. (AP Photo/Bernat Armangue, File)
Politics

Global figures call for Palestinian detainee Barghouti’s release

The Venezuelan parliament approves a bill to withdraw from the ICC.
Politics

Venezuelan parliament approves bill to withdraw from ICC

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS