Royal Succession And Oil Stay Steady In Saudi Arabia

Law360, New York (August 21, 2015, 11:07 AM EDT) -- Saudi Arabia's oil and gas industry has been, more than usual, in the headlines recently for two reasons. First, as world crude oil prices have dropped dramatically over the past year, the kingdom's petroleum policy has come under particular scrutiny. Second, as an accompaniment to a new king taking the throne and a number of significant changes having occurred at the highest levels of Saudi Arabia's government, there have also been adjustments in the leadership of the Ministry of Petroleum and Mineral Resources and the national oil company, Saudi Arabian Oil Co., or Saudi Aramco....

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