Sports: Mickelson skipping Waste Management Open to play in Saudi Arabia - - PressFrom - Canada
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Sports Mickelson skipping Waste Management Open to play in Saudi Arabia

19:25  02 december  2019
19:25  02 december  2019 Source:   thescore.com

Tiger declines millions, turns down Saudi International for 2nd straight year

  Tiger declines millions, turns down Saudi International for 2nd straight year Tiger Woods declined a lucrative offer to play in the European Tour's Saudi International for the second straight year, according to ESPN's Bob Harig. "I just don't want to go over there," Tiger said. "It's a long way." Woods was offered an appearance fee of roughly $3 million each of the past two years from tournament organizers in Saudi Arabia. That still wasn't enough for the 15-time major winner to participate in the controversial event. However, Woods understands why players like Phil Mickelson and Dustin Johnson would accept offers to make the trip to Saudi Arabia despite the political turmoil surrounding the nation.

Phil Mickelson will bypass a staple of his annual schedule to play the Saudi International 3, the same week as the PGA Tour's Waste Management Phoenix Open , which Mickelson has won three times. The tournament is supported by the government of Saudi Arabia and will be played for the

The low carbon intensity advantage of Saudi Arabian crude oil is a result of multiple factors, including our long-standing practices in well completion, reservoir management , and flare minimization.

a person standing in front of a crowd of people watching a baseball game© Ben Jared / PGA TOUR / Getty

Phil Mickelson is opting out of the Waste Management Open in order to play the European Tour's Saudi International tournament.

"I watched Dustin (Johnson) win the title last year and thought the course looked like an interesting challenge," Mickelson said in a statement, according to ESPN's Bob Harig. "Having so many talented players on show also made it look like a much more established tournament than one in its inaugural year. I have enjoyed my previous visits to the Middle East and am looking forward to playing in a new country and doing my bit to grow the game in the Kingdom."

Saudi Aramco starts trading, gaining 10% and reaching $1.8T

  Saudi Aramco starts trading, gaining 10% and reaching $1.8T RIYADH, Saudi Arabia — Saudi Arabia's oil company Aramco began trading for the first time on Wednesday, gaining 10% in its first moments on the market in a dramatic debut that pushed its value to $1.88 trillion, higher than any other listed company in the world. The state-owned oil giant started trading on the Saudi Tadawul stock exchange after a mammoth $25.6 billion initial public offering that set the record as the biggest ever in history. Trading for Aramco shares began at 10:30 a.m. in Riyadh. Aramco, owned by the state, has sold a 1.5% stake, pricing its shares before trading at 32 Saudi riyals, or what is $8.53.

Saudi Arabia denies calling off Aramco float. Saudi Arabia to open up to foreign tourists. Those potential risks were highlighted in September when drone attacks hit the Abqaiq oil facility and the Khurais oil field in Saudi Arabia , both owned by Aramco.

Together they account for about 50% of Saudi Arabia 's oil output, or 5% of daily global oil production. It could take weeks before the facilities are fully back on line. Aneeka Gupta, commodities strategist at the fund manager Wisdom Tree, said that higher oil prices would not have an immediate impact on

The Waste Management Open, held at TPC Scottsdale in Arizona, draws more fans than any other PGA Tour event and has been a staple of Mickelson's schedule. Lefty's played in each edition of the event since 1990 and captured the title in 1996, 2005, and 2013.

The Saudi International runs the same weekend as the Waste Management Open, from Jan. 30 - Feb. 3. Mickelson will be joined by the likes of Brooks Koepka, Patrick Reed, Tony Finau, Henrik Stenson, and Sergio Garcia in the field.

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