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...
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...
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...
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 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 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 ...
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 ...
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 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 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...