A floating oil tanker that hasn’t been maintained since the conflict in Yemen erupted in 2015 is currently under the control of the Houthi rebels, who are preventing a United Continue Reading
The Saudi-backed government in Yemen hopes to scale up its crude production to 110,000 barrels per day (bpd) in 2019, with exports touching about 75,000 bpd, its oil minister told Continue Reading
Saudi-led forces and Yemen-based Houthi rebels announced that oil and gas exports will resume in an effort to restore revenues to the troubled country, Reuters reported on Wednesday. The U.S. Continue Reading
Diplomatic pressure from the United States and Britain, Saudi Arabia’s biggest arms suppliers, abruptly intensified on Wednesday for a cease-fire in the Yemen war, the world’s worst man-made humanitarian disaster. Continue Reading
The governor of a southern Yemeni province pumping 100,000 bpd—half of Yemen’s total oil production— threatened on Thursday to suspend oil shipments from the region if the internationally recognized Yemeni Continue Reading
Yemen’s Houthi rebels have claimed a successful attack on an unidentified oil facility of Saudi Aramco in Jizan, according to a report in Iranian state news agency IRNA. The strike Continue Reading
Japan is set to import a Masila crude oil cargo from Yemen for the first time since 2015 as part of its efforts to expand its supply sources. The move Continue Reading
Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the strait of Bab el-Mandeb, one Continue Reading
After a halt due to militant attacks, oil shipments through a Red Sea strait near the coast of Yemen resumed during the weekend, Saudi Aramco announced. In a statement Saturday, Continue Reading
Despite a worsening humanitarian crisis in Yemen amid a war between the Houthi rebels and a coalition between Saudi Arabia and the UAE, the poorest Arab country has found a Continue Reading
