Tag Archives: Persian Gulf Countries

The unprecedented attack knocked out more than half of Saudi crude output. or five percent of global supply.

Aramco already brought back part of the lost production and will return to pre-attacks level end of September.

The new entity will support the purchase and sale of LNG as a marine fuel to customers around the world.

Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month.

The attacks early on Saturday morning knocked 5% off the world’s total oil supply.

Aramco had put out 10 fires in the span of seven hours after the ".huge". assault.

Saudi Arabia. the world'.s largest crude exporter. has filed a request to supply gasoline from Iran after a sudden cut of domestic supplies due to the recent Yemeni drone attacks on its major oil facilities.

The Islamic Revolution Guards Corps (IRGC) captured a vessel in the Persian Gulf for smuggling 250.000 liters of diesel fuel.

Bijan Zangeneh announced that gas production from the South Pars gas field will hit a record high to enable the Iran to win a larger share of daily production from the field shared with Qatar for the first time since the energy zone went under development

Brazil’s oil production is set to grow in the near term.