Yemen | Egypt Oil & Gas

Aramco Expands Crude Exports via Egypt’s Sidi Kerir

Saudi Aramco is offering extra crude cargoes for loading at Egypt’s Mediterranean port of Sidi Kerir, trading sources told Reuters, as Houthi threats to Saudi shipping heighten risks for southbound Red Sea exports thr...

Egypt, Yemen Explore Oil & Gas Cooperation

Minister of Petroleum and Mineral Resources Tarek El Molla has expressed the desire of the Egyptian petroleum companies which work in the field of projects and services to cooperate with Yemen. This came during his me...

Egypt Signs Three MoUs for Oil & Gas Developments on First Day of EGYPS 2022

Egyptian Minister of Petroleum and Mineral Resources Tarek Molla has witnessed the signing of three memoranda of understanding (MoUs) during the first day of the EGYPS 2022 with a number of international companies aim...

Egypt, Yemen Discuss Energy Cooperation in Bilateral Talks

Minister of Petroleum and Mineral Resources Tarek El Molla met with his Yemeni counterpart, Abdul Salam Baaboud and his accompanying delegation to discuss possible cooperation opportunities in the fields of oil, natur...

Yemen Has Plans to Raise Production by 25%

 Yemen is planning to ramp up production by 25% to 75,000 barrels of oil per day (bbl/d), Yemen’s energy minister of the country’s internationally-recognised government, Aws Abdullah al-Awd, announced, according to Re...

Yemen’s Safer Oil Resumes Pumping Oil to Arabian Sea

Yemen’s Safer Oil company, owned by the internationally recognized government of Yemen, resumed pumping oil from its fields in Shabwa to a terminal on the Arabian Sea, an official told Reuters. The pumped oil through ...

Yemen Calls for Restoring Local Oil Production

The government of Yemen has called upon oil companies involved in exploration and production (E&P) to restart work based on the mutual partnership agreements, according to Asharq Al-Awsat. The ministry also asked ...

UAE Completes $100M Power Station in Yemen

The UAE has built a 120 MW, $100 million power station in the Yemeni port city of Aden, WAM (Emirates News Agency) reported. The station, reportedly powered by one of the world’s largest engines, is located in t...

Saudi Arabia Reopens Red Sea Shipping Lane

Saudi Arabia resumed oil shipments through the Red Sea shipping lane Bab al-Mandeb , Reuters reported on August 4. The kingdom temporarily halted petroleum shipments through the lane after two oil tankers were attacke...

Saudi Arabia Halts Red Sea Shipments After Houthi Attack

Saudi Arabia is “temporarily halting” all oil shipments through the Red Sea due to an attack on two oil tankers by Yemen’s Houthi movement, Reuters reported. Two very large crude carriers (VLCCs), each with a ca...

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