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Oil Tanker Attack Emulates Shadow War Share your comments
Whilst unconfirmed, the attack on the MT Mercer Street oil tanker emulates that of the ongoing Isreal/Iran shadow war, according to Dryad Global's latest Maritime Security Threat Assessment.
6:12 AM EST | August 03, 2021
USA Says Oil Tanker Was Targeted by Drones Share your comments
U.S. Navy experts believe a drone struck an oil tanker with links to an Israeli billionaire off Oman this week, the Associated Press reported, citing the American military.
4:16 AM EST | August 02, 2021
Saudi Aramco Confirms $50MM Cyber Ransom Demand Share your comments
Saudi Aramco confirmed that some company files were leaked after hackers reportedly demanded a $50 million ransom.
4:20 PM EST | July 21, 2021
Israel, Palestine Tension Heightens Energy Risk Share your comments
Israel and Palestine's escalating tension has left offshore infrastructure at heightened risk, Dryad Global outlines.
4:16 AM EST | May 14, 2021
Yemeni Houthis Claim Aramco Drone Attack Share your comments
Yemen's Houthis said they attacked oil facilities in Saudi Arabia, as the group steps up strikes on the kingdom.
6:55 AM EST | April 12, 2021
Suez Canal Traffic Briefly Stopped Share your comments
Traffic through Egypt's Suez Canal was briefly halted on Tuesday, just two weeks after a giant container ship ran aground and blocked the waterway that's vital for global trade.
9:08 AM EST | April 06, 2021
Suez Canal Backlog Cleared Share your comments
The queue of hundreds of ships that built up around the Suez Canal after the grounding of the Ever Given vessel has been cleared, according to Egyptian authorities.
7:51 AM EST | April 05, 2021
Oil Sinks as Suez Canal Ship Refloated Share your comments
Oil retreated as salvage teams refloated the giant vessel that has been blocking the Suez Canal.
4:32 AM EST | March 29, 2021
Yemen Houthis Claim More Attacks on Aramco Sites Share your comments
Yemen's Houthis said they attacked several of Saudi Aramco's facilities with drones and ballistic missiles on Friday.
7:37 AM EST | March 26, 2021
Saudi Navy Starts Drills to Protect Oil Sites Share your comments
Saudi Arabia started naval exercises in the Persian Gulf to improve its ability to foil 'terrorist attacks' on oil facilities.
5:42 AM EST | March 22, 2021
Brent Passes $70 after Key Saudi Oil Site Attacked Share your comments
Saudi Arabia said some of the world's most protected oil infrastructure came under missile and drone attack in an escalation of regional hostilities that sent crude prices surging.
4:32 AM EST | March 08, 2021
Houthis Claim Strike on Aramco Oil Depot Share your comments
Yemen's Houthi rebels said they launched missile and drone strikes against a Saudi Arabian oil facility and a military base.
7:21 AM EST | March 04, 2021
Iran Calls US Attempt to Seize Oil Act of Piracy Share your comments
Iran said an attempt by the U.S. government to seize 2 million barrels of oil aboard a Greek-owned tanker was 'an act of piracy'.
7:03 AM EST | February 15, 2021
Iran Oil Exports Creep Higher Share your comments
With the U.S. campaign of 'maximum pressure' now over, Iran's oil customers may be growing a little bolder.
8:02 AM EST | January 25, 2021
US Labels Houthis Terrorists After Tanker Attacks Share your comments
The U.S. has classified Yemen's Houthis as a foreign terrorist organization following a series of attacks on oil tankers in the Red Sea.
5:39 AM EST | January 11, 2021
Iran Cuts Gas Flows to Iraq Share your comments
Iran has slashed the amount of natural gas it exports to Iraq and threatened further cutbacks over unpaid bills.
12:29 PM EST | December 28, 2020
Oil Edges Higher After Iraqi Field Attacked Share your comments
Oil edged higher after Iraqi militants attacked two wells in the Kirkuk area, reversing an earlier loss driven by a jump in U.S. fuel stockpiles.
4:35 AM EST | December 09, 2020
IEF Condemns Jeddah Attack Share your comments
The International Energy Forum has condemned the attack on a fuel tank facility in Jeddah, Saudi Arabia.
5:57 AM EST | November 25, 2020
Aramco Says No One Hurt in Blast Share your comments
Saudi Aramco needed about 40 minutes to put out the fire caused by a missile strike on a fuel depot in the Red Sea city of Jeddah.
6:04 AM EST | November 24, 2020
Analysis Shows Oil Price Assumption for Saudi Budget Share your comments
Saudi Arabia's Finance Ministry reportedly is budgeting for oil prices to be around $50 a barrel for the next three years.
9:57 AM EST | October 05, 2020
Data Show Surge in September Saudi Oil Exports Share your comments
Saudi Arabia increased oil shipments in September, offsetting lower flows from the United Arab Emirates.
9:23 AM EST | October 02, 2020
UK Urged to Seek Libya Oil Opportunities Share your comments
The UK has been urged by Libya's National Oil Corporation to seek opportunities in the Libyan oil and gas sector.
6:41 AM EST | September 11, 2020
Jordan to Resume Iraqi Oil Imports Share your comments
Jordan will resume imports of crude oil from its Middle East neighbor Iraq this month after suspending shipments due to the coronavirus.
10:16 AM EST | September 07, 2020
Libya NOC Chairman Meets German Minister Share your comments
Libya's National Oil Corporation chairman, Mustafa Sanalla, met with the German foreign minister earlier this week.
7:11 AM EST | August 20, 2020
Libya NOC Gives Dire Warning Share your comments
NOC warns the militarization of oil facilities, presence of mercenaries and military escalation increase the risks that hydrocarbons and chemicals stored at oil ports pose to people.
6:06 AM EST | August 11, 2020
IGC Holds Drills Off Strait of Hormuz Share your comments
Iran's Islamic Revolutionary Guard Corps held military drills off the Strait of Hormuz on Tuesday, according to a statement on its Sepah News website.
7:18 AM EST | July 28, 2020
OPEC Move Impact Could Be Minor Share your comments
Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
7:23 AM EST | July 27, 2020
ADIPEC Goes Virtual Share your comments
The Abu Dhabi International Petroleum Exhibition and Conference is going virtual this year.
7:30 AM EST | July 23, 2020
Yemen Rebels Send Repair Team to Stricken Tanker Share your comments
Yemen's Houthi rebels say they've sent a maintenance team to repair an aging oil tanker laden with more than 1 million barrels.
6:40 AM EST | July 02, 2020
Libya Says US Backed Talks Could End Oil Blockade Share your comments
Tribes in eastern Libya backed the resumption of oil production from their region.
7:17 AM EST | June 30, 2020
Saudi Arabia Idles Rigs as Pandemic Erodes Oil Demand Share your comments
The world's biggest oil exporter is idling two offshore drilling rigs as the coronavirus batters energy use.
11:22 AM EST | June 17, 2020
Kuwait Ceases Hiring Foreign Workers for Oil Industry Share your comments
Non-Kuwaiti nationals won't be hired at Kuwait Petroleum and its subsidiaries for 2020-2021.
1:04 PM EST | June 10, 2020
Veteran Iranian OPEC Governor Passes Away Share your comments
Iran's OPEC Governor Hossein Kazempour Ardebili has passed away.
4:52 AM EST | May 19, 2020
US Pressuring Saudis to Hold Off on Oil Output Surge Share your comments
While its status as the world's biggest producer means the U.S. is partially sheltered from the collapse, it's calling on the Saudis to exercise restraint.
4:16 PM EST | March 25, 2020
US Energy Independence Fuels Persian Gulf Insecurity Share your comments
The U.S. drive for energy independence fuels Persian Gulf insecurity, according to a new report by Verisk Maplecroft.
6:23 AM EST | January 24, 2020
SNC-Lavalin Wins UAE Haliba Field Contract Share your comments
Execs from the Al Dhafra joint venture commemorate first oil from the Haliba field in this ADNOC photo from July 2019. PHOTO SOURCE: ADNOC
10:59 AM EST | January 20, 2020
Oil Up After Unrest Hits Key OPEC Producers Share your comments
Oil jumped back above $65 a barrel as supply disruptions in Iraq and Libya reignited concerns over the market's vulnerability to geopolitical risk in key production regions.
4:14 AM EST | January 20, 2020
Oil Companies Face Serious Decisions on Iraq Share your comments
Many oil and gas companies face serious decisions regarding their short and mid-term plans in Iraq, according to Rystad Energy.
2:53 AM EST | January 17, 2020
Saudi and UAE Service Firms Form Alliance Share your comments
TAQA and AMPS seek to penetrate the Saudi hydraulic fracturing market.
11:22 AM EST | January 14, 2020
Oil at Pre-Attack Levels Amid Supply Risk Appraisal
Oil steadied as investors weighed the risk of further escalation in the conflict between the U.S. and Iran that has so far spared production and exports from the Middle East.
4:27 AM EST | January 09, 2020
Oil Shippers Raise Offers for Middle East Route Share your comments
Owners of oil tankers are boosting their rates to haul crude on a key route from the Middle East as risks in the Gulf escalate.
6:44 AM EST | January 08, 2020
Oil Hits $70+ After Iran Attacks US-Iraqi Bases Share your comments
Oil prices jumped back above $70 a barrel after Iran attacked two U.S.-Iraqi bases in its first response to the killing of its top general.
5:16 AM EST | January 08, 2020
Hormuz Oil Flow Disruption Efforts Very Likely Share your comments
Continued efforts to disrupt the flow of oil through the Strait of Hormuz are very likely, according to Verisk Maplecroft.
4:49 AM EST | January 08, 2020
Chevron Pulls Workers Out of KRI Share your comments
Chevron's expatriate employees and contractors have left the Kurdistan Region of Iraq for the time being as a precautionary measure.
10:00 AM EST | January 07, 2020
Oil Buyers Fear Iraqi Supply Hit Share your comments
Oil buyers in Asia are increasingly wary that Iraq's entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.
7:35 AM EST | January 07, 2020
Oil Down on Uninterrupted Mideast Supplies Share your comments
Oil retreated after its dramatic start to the year as the uninterrupted flow of Middle East supplies tempered fears over the fallout from the U.S. airstrike that killed a top Iranian general.
4:38 AM EST | January 07, 2020
Saudi Aramco Faces Tough Test Share your comments
Few could have expected the stock to face so stern a test less than a month after the company's historic $25.6 billion initial offering.
5:19 AM EST | January 06, 2020
Oil Hits $70 as Supply Disruption Fear Deepens Share your comments
Oil extended its dramatic surge above $70 a barrel as the fallout between the U.S. and Iran escalated after the assassination of one of the Islamic Republic's most powerful generals.
4:40 AM EST | January 06, 2020
Iran Will Take Revenge for Killing Share your comments
The President of the Islamic Republic of Iran revealed Friday that his country 'will take revenge' after the killing of General Soleimani.
6:39 AM EST | January 03, 2020
Saudis Not Getting Bullish About Oil for 2020 Share your comments
A year after a rare bullish call on oil, Saudi Arabia isn't counting on much of an uplift from crude prices in 2020.
5:04 AM EST | December 10, 2019