Hassan bin Youssef Yassin worked closely with Saudi petroleum ministers Abdullah Tariki and Ahmed Zaki Yamani
from 1959 to 1967.
In the 1980s and 1990s, under successive oil ministers (Sheikh Ahmed Zaki Yamani
, Hisham Nazer and Ali Al Naimi), the kingdom acted as the Opec's swing producer, the de facto central bank of oil, to prevent price spirals and defuse supply shocks.
The clearest precedent for Mr Naimi's strategy of turning on the taps is the policy adopted by Sheikh Ahmed Zaki Yamani
, his famous predecessor, who boosted production in 1985-86 after cutting back over the previous half-decade to support prices.
If you've read "Yamani: The Inside Story" (1988) by Jeffrey Robinson, a biography of Saudi Arabia's legendary oil minister Sheikh Ahmed Zaki Yamani
(1962-1986), you'll learn that one of the points of dissatisfaction the Saudi regime had with the original Aramco was that it was developing the Eastern Province and providing essential services and even schools to the local Shi'as.
A degree at Princeton in the 1960s was followed by years at the Petroleum Ministry, where he was taken under the wing of his father's canny and charismatic Oil Minister Ahmed Zaki Yamani
On this date, Sheikh Ahmed Zaki Yamani
, the minister of oil of Saudi Arabia, declared that the monarchy had decided to alter its oil policy radically.
When spare capacity is quite low, it's generally associated with higher prices," said Leo Drollas, chief economist at the Centre for Global Energy Studies, a consultant in London founded by former Saudi Arabian oil minister Sheikh Ahmed Zaki Yamani
Ahmed Zaki Yamani
, the former Saudi oil and mineral resources minister, and one of the most notable figures in the world of oil markets, believes that Opec lost much of its power after the Arab-Israeli war in 1973.
GENEVA - The Organization of Petroleum Exporting Countries will be unable to exist for another 50 years as the age of oil will end if hydrogen can be produced as an alternative energy source at a low cost, Ahmed Zaki Yamani
, former Saudi Arabian minister of oil and mineral resources, says in reference to the oil cartel marking its 50th anniversary this year.
Rubino: One of her long-time friends, former Saudi oil minister Ahmed Zaki Yamani
, told me that as an only child, she wanted to prove to her father that she was as capable as any boy.
As the former Saudi oil minister, Sheik Ahmed Zaki Yamani
, likes to say, the Stone Age did not end because we ran out of stones.