Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".
Read More »Saudi Oilfield Hit by Drone Attack
Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia. but failed to disrupt production.
Read More »Iraq Close to Replacing Exxon Mobil with BP and Eni
Three of the oil officials said Exxon had costed the project at higher than Hyundai’s $2.4 billion.
Read More »IRGC Seizes Foreign Vessel Smuggling Fuel from Iran
The Islamic Revolution Guards Corps (IRGC) Navy announced that it has impounded a foreign vessel near the Farsi Island in the Persian Gulf for smuggling 700.000 liters of fuel from Iran.
Read More »Cyberattack on Internet-Connected Cars Could Kill 3.000 People
A new report warns there is a real risk of normal. modern non-autonomous cars being taken over by a hostile hacker.
Read More »Persian Gulf Conflict could Impact Commodities Markets
India imports more than 80% of its oil and around two-thirds of that comes from the Middle East.
Read More »Cyberattacks on London’s Power Grid Could Cost £111m a Day
A new report suggests a cyberattack on the capital city’s electricity networks would be likely to disrupt more than 1.5 million people.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
China and India now account for about a fifth of global strategic reserves.
Read More »German Power Grid Operators Steel Themselves for Ccyber Attacks
Energy company innogy’s first training centre allows firms to learn how to identify threats as well as initiate suitable protective and defensive measures.
Read More »What’s Next After the US Tanker Attacks?
Tensions are expected to rise yet further after the 13th June attack on two US tankers in waters between the Gulf Arab states and Iran.
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