SECURITY

Brazen Attacks on Key Saudi Oil Facilities Knock Half of Daily Saudi Production Offline, Place Region on Edge

Oil Facility
In the early hours of Saturday morning, two of Saudi Arabia's most important oil facilities were brazenly attacked and set ablaze, causing a disruption of half of Saudi Arabia's total daily oil production and 5% of the world's crude supply and throwing the tense region into greater risk of conflict.

Saudi Arabia

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Oil Facility Attacks

Saudi Arabia says weapons used to attack its oil facilities were Iranian

In a televised briefing, Col. Turki al-Malki, a spokesman for a Saudi-led coalition in Yemen, also said the attacks...

 

Oil Facility Attacks

Aramco now focused on restoring production

Though production was halted briefly at the two Aramco oil facilities that were attacked, the oil giant told one Indian refinery there will be no...

 

Oil Facility Attacks

Trump: US ‘locked and loaded’ after Saudi oil attack

President Donald Trump on Sunday evening tweeted that the US has "reason to believe that we know" who is responsible for an attack on a...

 

Oil Facility Attacks

Speed of Saudi Oil Recovery In Focus After Record Supply Loss

Industry consultant Energy Aspects estimated that the country will be able to restore almost half the lost production as early as Monday. Saudi Aramco said...

 

Oil Facility Attacks

Everything you need to know about the Saudi Arabia oil attacks

The explosions set off fires that took several hours to douse and appear to have caused significant damage. Saudi oil ministry sources said the production...

 

Oil Facility Attacks

Report: Iranian drones launched from Iraq carried out attacks on Saudi oil plants

Iraqi intelligence official tells MEE the strikes were in retaliation for earlier Riyadh funded Israeli drone attacks on Iraqi militia...

 

Abqaiq

Blasts, Blazes Shake Saudi Oil Town’s Inhabitants

Abqaiq itself is a sparsely populated desert community with little to offer beyond a giant oil facility, visibly divided between the facilities of Aramco, the...

 

Aramco IPO

Aramco Said to Stick to IPO as Strikes Put Pressure on Valuation

Bankers hired for Saudi Aramco’s mammoth initial public offering plan to stick to their schedule to pitch the deal to analysts even after devastating attacks...

 

Saudi National Day

Organizers promise ‘exceptional’ Saudi National Day celebrations

Fireworks, concerts, festivals and international performances will be among the highlights of the 89th Saudi National Day celebrations this year. The General Entertainment Authority (GEA) has...

 

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