Saudi Arabia is rerouting crude exports and offering additional volumes to Asian buyers through alternative shipping arrangements after drone attacks disrupted its key East-West pipeline and halted loadings at Yan ...
Saudi Arabia could face an oil export shortfall within days if its East-West pipeline remains shut following drone attacks, putting up to 4% of global supply at risk.
Saudi Arabia has temporarily shut its East-West oil pipeline after a drone attack, cutting a key route the kingdom has used to bypass shipping disruptions through the Strait of Hormuz, according to Reuters.
Petromin, a Saudi energy and mobility company, signed a protocol to establish a specialized company to manage its investments and expansion plans in Egypt’s lubricants sector.
Iran’s blacklist of 45 vessels has prompted at least three Indian refiners and a global energy major to avoid the ships, including for ship-to-ship transfers, amid rising security risks in the Strait of Hormuz.
Saudi Aramco has signed agreements and an MoU with French companies worth more than $3.7 billion, targeting supply chain resilience, drilling equipment procurement, and industrial AI and digital technology develop ...
Saudi Arabia’s crude oil exports from the Red Sea are increasingly being conducted without visible vessel-tracking signals as tankers seek to avoid attacks by Yemen’s Iran-aligned Houthis, creating significant unc ...
Saudi Arabia’s crude oil exports fell to a record low of 3.434 million barrels per day (mmbbl/d) in May despite a rebound in production, as regional conflict disrupted Gulf shipments and higher domestic crude use ...
Middle East Gulf crude and condensate exports climbed to their highest level since February during the first half of July as a temporary easing of US-Iran tensions boosted shipments. However, renewed fighting and ...
Saudi Arabia is in preliminary discussions to expand the capacity of its East-West crude oil pipeline by up to 2 million barrels per day (bbl/d), according to Reuters. The proposed expansion aims to enable the kin ...
