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Tag Archives: Saudi Arabia

Oil Tanker Hit by Blast at Saudi Terminal in Red Sea

Satellite image of leaking oil tanker

REUTERS, NOVEMBER 25, 2020 “The Agrari was struck about one meter above the waterline and has suffered a breach,” TMS Tankers said in a statement. LONDON/DUBAI – An explosion damaged a Greek-managed tanker at a Saudi Arabian terminal on the Red Sea just north of the Yemeni border, the ship’s manager said on Wednesday, in an attack confirmed by Saudi …

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Missile attack on Saudi oil facility fails to disrupt supply

Screen Grab of oil storage tanks

REUTERS, NOVEMBER 24, 2020 JEDDAH (Reuters) – Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen’s Houthi group on a petroleum products distribution plant in Jeddah, with operations resuming three hours after the event. The Iran-aligned Houthi forces said on Monday they had fired a missile at and …

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“Start by hitting oil pipelines,” IS tells supporters to attack in Saudi Arabia

Oil pipeline with red target superimposed on them

REUTERS, OCTOBER 18, 2020 Islamic State urges attacks on Saudi Arabia for allowing Israeli overflights | Instructs followers to target westerners and oil pipelines CAIRO (Reuters) – An Islamic State spokesman called on the militant group’s supporters to target westerners, oil pipelines and economic infrastructure in Saudi Arabia. “Start by hitting and destroying oil pipelines,‮‮ ‬‬factories and facilities which are …

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Oil Heavyweights Look Ready for a Showdown

Two politicians shaking hands. Observers in background

BLOOMBERG, SEPTEMBER 27, 2020 Saudi Arabia and Russia don’t agree on how to approach faltering oil demand. We’ve already seen where such a standoff can lead. By Julian Lee for Bloomberg – Oil producers could be set for another showdown before the end of the year, with heavyweights Saudi Arabia and Russia holding different views on how to approach the halting recovery in oil demand. …

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SPECIAL REPORT – Trump told Saudis: Cut oil supply or lose U.S. military support

President Donald Trump speaks with Saudi Arabia's Crown Prince Mohammed bin Salman

REUTERS, APRIL 30, 2020 The threat to upend a 75-year strategic alliance central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply. | “We are defending your industry while you’re destroying ours.” WASHINGTON/LONDON/DUBAI (Reuters) – As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump …

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Saudi Aramco IPO: “This is the absolute mother of all oil and gas companies.”

PortandTerminal.com, November 4, 2019 Aramco announces plans to list shares on Riyadh stock exchange. The IPO is key to the Crown Prince’s grand plan to cut the Kingdom’s reliance on oil revenue. RIYADH, SAUDI ARABIA – Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world’s biggest initial public offering …

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Saudi Arabia: “Cargo ships could be at risk in Red Sea” #Sooner_or_Later

PortandTerminal.com, November 2, 2019 Saudi Arabia on Friday warned that explosives-laden high speed remote-controlled small boats could target cargo ships and oil tankers passing through the busy and sensitive Red Sea maritime route RIYADH, SAUDI ARABIA – Saudi Arabian defence officials have warned that cargo and crude-laden ships passing through the Red Sea could be at risk from remote-controlled boats …

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Iran’s leader blames unspecified “government” for latest tanker attack

PortandTerminal.com, October 14, 2019 Iran’s President Hassan Rouhani said an Iranian tanker damaged in the Red Sea on Friday had been hit by at least two rockets, and there is video footage of the incident, although none has been presented. DUBAI – Iran’s President Hassan Rouhani vows to respond to an attack on one of the country’s oil tankers in …

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Iranian oil tanker hit by two missiles near Saudi port

October 11, 2019 by Reuters By Parisa Hafezi and Sylvia Westall DUBAI, Oct 11 (Reuters) – An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media said, an incident that if confirmed will stoke tension in a region rattled by attacks on tankers and oil sites since May. The Sabiti The …

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