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Globally, it was available in 1.6-litre petrol and turbo-diesel engines, 1.5-litre turbo-diesel, 1.2-litre petrol turbocharged engine and 2.0-litre petrol engine. [ 24 ] [ 25 ] In September 2015, Nissan rolled a record-breaking 500,000th Qashqai off the production line at the UK plant, the fastest time for a vehicle built in the UK to reach a ...
On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, which facilitated a 65% quarterly fall in the price of oil. [1] The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic. [1]
Saudi Arabia is the world's leading petroleum exporter and petroleum exports fuel the Saudi economy. [3] Oil accounts for more than 90 percent of exports and nearly 75 percent of government revenues, facilitating the creation of a welfare state , [ 4 ] [ 5 ] which the government has found difficult to fund during periods of low oil prices . [ 6 ]
Saudi Arabia is doing many reforms to reduce the country's dependency on oil revenues, but many of these reforms have overburdened some citizens. The Citizen's Account, which is a form of basic income , is designed to balance this up, to avoid burdening lower income families which would otherwise occur despite higher prices for oil, fuel and ...
Saudi Arabia is an absolute monarchy. [3] According to the Basic Law of Saudi Arabia, the country's de facto constitution adopted by royal decree in 1992, the king must comply with Sharia (that is, Islamic law) and the Qur'an. The Qur'an and the Sunnah are declared to be the de jure country's constitution. [4]
Map of Abqaiq Region. Abqaiq (Arabic: بقيق, romanized: Biqayq) is a Saudi Aramco gated community and oil-processing facility located in the Eastern Province of Saudi Arabia, located in the desert 60 km southwest of the Dhahran-Dammam-Khobar metropolitan area, and north of the Rub' al-Khali, the second largest sand desert in the world also known as the "Empty Quarter".
Transport in Saudi Arabia is facilitated through a relatively young system of roads, railways and seaways.Most of the network started construction after the discovery of oil in the Eastern Province in 1952, with the notable exception of Highway 40, which was built to connect the capital Riyadh to the economically productive Eastern Province, and later to the Islamic holy city of Mecca and the ...
Saudi Arabia maintains the world's largest crude oil production capacity, estimated to be approx. 11 Mbbl/d at mid-year 2008 and announced plans to increase this capacity to 12.5 Mbbl/d by 2009. [10] Cumulative production through the end of 2009 was 119.4 billion bbl. [ 11 ] Using the stated number of 267 Gbbl, past production amounts to 40% of ...