Saudi oil giant Aramco sees 25% jump in Q1 profit
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There are three pipelines operating now to take oil around the Hormuz blockage. The East-West Crude Oil Pipeline (Petroline) in Saudi Arabia, and the UAE’s ADCOP pipeline and th
Saudi Arabia restored its East-West pipeline to 7 million bpd after recent attacks, but Khurais remains offline ahead of Monday markets.
Saudi Arabia has long been seen as the world’s “swing producer,” but analysts argue its true spare production capacity may be far lower than official claims suggest. ast attacks—such as the 2019 strikes on the Abqaiq oil processing facility and ...
RIYADH: Saudi Aramco reported first quarter profit that surpassed analysts' expectations following a war-induced rise in prices of oil and refined fuels.
Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter through.
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Iran threatens to bomb Saudi, UAE and Qatar oil facilities after South Pars gas field strike sends oil past $110
Iran has issued an extraordinary threat to attack oil and gas infrastructure across the Persian Gulf after Israeli strikes hit the South Pars gas field — the world’s largest natural gas deposit — sending crude oil prices soaring past $110 a barrel ...
March 2 (Reuters) - Saudi Arabia shut its biggest domestic oil refinery on Monday after a drone strike, a source said, as Israeli and U.S. strikes and Iranian retaliation forced shutdowns of oil and gas facilities across the Middle East.
Iran Warns The U.S. Against Attacks On Its Oil Tankers And Other Ships But Ceasefire Appears To Hold
On Saturday, the small Persian Gulf island of Bahrain said it had arrested 41 people it said are part of a group affiliated with Iran’s Revolutionary Guard.