The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.
Read More »Even Saudis don`t Believe Iranian Involvement in Aramco Attacks
The unprecedented attack knocked out more than half of Saudi crude output. or five percent of global supply.
Read More »US Sanctions Iran Central Bank out of Desperation
The new sanctions are aimed at blocking Iran’s international transactions and its access to food and medicine.
Read More »Iran Dismisses Reports of Successful Cyber-Attacks on Its Oil Facilities
Iran has dismissed reports by some Western media claiming that the country’s vital infrastructure and oil facilities had come under cyber-attack.
Read More »Saudi Aramco has Emerged from Attacks `Stronger than Ever`
Aramco already brought back part of the lost production and will return to pre-attacks level end of September.
Read More »Siemens Gamesa Announces First Nacelle Assembly Plant Outside Europe
Its facility in Taiwan will enter construction in 2020 and aims to cater to the fast-growing Asia-Pacific offshore market.
Read More »Exxon Mobil. Shell among Groups to Build Five Pakistan LNG Terminals
The five new terminals could collectively triple Pakistan’s LNG import capacity.
Read More »Global Oil Markets Well Supplied After Attack in Saudi Arabia
Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month.
Read More »Middle East Tensions Remain High After Drone Attacks on Saudi Oil Facilities
The attacks early on Saturday morning knocked 5% off the world’s total oil supply.
Read More »Saudi Arabia to Restore Oil Output Fully by End of September
Aramco had put out 10 fires in the span of seven hours after the ".huge". assault.
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