oil

General People’s Congress (GPC) strongly coalition’s detention for oil derivative ships and preventing them from entering Hodeidah port despite obtaining all the statements. The GPC asserted in a statement that the continued seizure of…

The American Saudi-led coalition is still holding 22 ships loaded with oil derivatives and preventing their access to the port of Hodeidah, the Yemeni Petroleum Company (YPC) said on Monday. The held ships include 15 ships…

Hadi government in Riyadh was under great pressure led by the Saudi ambassador in Aden, Mohammed Al Jaber, to sign draft agreements between the two sides under the so-called Saudi Program for the Development and Reconstruction of…

According to a source in Hodeidah port on Sunday, the American Saudi-led coalition forces continue to detain 22 ships with more than 536 tons of oil derivatives and prevent them from reaching the port of Hodeidah despite obtaining…

The governor of Saada governorate, Mohammed Jaber Awad, said that the decision of detaining the oil derivative ships is an American, noting that there is a comprehensive popular consensus that the aggression coalition grasps only the…

The Saudi ambassador to the Hadi puppet government, Mohammed al-Jaber, is reportedly leading a plan to sign an agreement with Hadi’s government under the framework of the so-called Saudi Program for Development and Reconstruction…

The continued detention of oil tankers by the aggression will cause a major disaster for the Yemeni people, explaining that the resulted damage is unpredictabl, the general manager of the oil company, Ammar Al-Adrae'e, stressed .…

Maternity and childhood hospital of Amran province condemned on Wednesday Saudi-led aggression’s detention for oil derivative ships and preventing them from entering Hodeidah port. The hospital condemned in a statement, the silence of UN…

he Saudi-led aggression coalition continues its unjust siege through maritime piracy actions on Yemen aimed at impeding the arrival of oil derivative ships to the port of Hodeidah, increasing the people's suffering in all fields…

The Yemeni Petroleum  Company’s branch in Hodeidah province has renewed its warning of an imminent humanitarian disaster that may happen, if Saudi-led coalition continues to detain oil derivatives vessels. The YPC denounced the…

Joint Meeting Parties (JMP) condemned the US-Saudi aggression coalition continued detaining oil derivatives ships at sea and prevented their entry into the port of Hodeidah despite obtaining licenses by the United Nations. The JMP…

The member of the Supreme Political Council, Mohammed Ali al-Houthi, confirmed on Thursday the disclaimer for any leakage in the Safer oil floating tank He also called for a serious negotiation on the issue. Mohammed Ali al-Houthi…

The National Organization for the Defense of Telecommunications and Post Services has condemned the aggression coalition countries' denial of entering oil shipments to the port of Hodeidah province. The organization indicated in a…

The Yemeni Petroleum Company (YPC) on Tuesday held Saudi-led coalition responsible for the consequences of the blockade and the continuous maritime piracy against oil derivatives ships and others in the context of its economic war on Yemeni…

Ministry of Oil and Minerals on Tuesday appealed to the United Nations, represented by its office in Yemen, to play its role in protecting Safer ship (floating oil tank) in the Red Sea from any targeting by the American Saudi-led…

On Wednesday, the Yemeni Petroleum Company (YPC) took several precautionary and extensive catering measures to support the market needs within the foreseeable future. The company indicated in a statement that the procedures came out of…

The American Saudi-led aggression coalition continued to detain 18 oil derivative ships, despite carrying international permits, A source in the Yemen Oil Company said. “The aggression forces seize the oil tankers, carrying more than…

It's a year of carnage for oil nations. But at least one will emerge from the pandemic both economically and geopolitically stronger. With 4 billion people around the world under lockdown as the coronavirus pandemic grows, demand…

Yemen Petroleum Company (YPC) asserted that the coalition of aggression continued to detain 14 oil ships with a total tonnage of 368,620 tons of petroleum products arbitrarily and for varying periods. The company said in a statement that…

News reports stated that four Saudi tankers loaded with crude oil left Saudi Arabia in late March and are still stuck in the sea since April 1, off the coast of Egypt, Singapore and Malaysia without a final destination. The reports added…

Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the US shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil prices that are expected to bite into record US output. Whiting was once the…

The U.S. Saudi-led coalition navy continues to detain 15 ships loaded with oil derivatives, in the context of the siege imposed by the coalition on Yemen, a source in Hodeidah port reported on Thursday. The detained ships carry more…

The World Health Organization (WHO) has warned that Europe is now the “epicenter” for the global coronavirus pandemic, and is reporting more daily cases than China did at the height of its outbreak. “Europe has now become the epicenter…

Oil prices were headed for their worst weekly loss in more than a decade Friday after Saudi Arabia and Russia launche a price war and the coronavirus pandemic sparked an equities meltdown. US benchmark West Texas Intermediate reversed…

"Saudi Arabia has asked state agencies to submit proposals for cuts of at least 20% to their budgets in a fresh austerity drive to cope with a sharp drop in oil prices," four sources familiar with the matter said. The Foreign Ministry has…

The employees of the Yemeni Oil Company, its unions and its bodies, on Friday, protested in front of the United Nations office in Sana'a. During the vigil, the spokesperson for the oil company, Amin Al-Shabati, said that "the aggressive…

Aramco has announced new gasoline prices in Saudi Arabia, starting today, February 16, 2020. Starting from February 2020, domestic gasoline prices will be monthly updated on the 10th day of every month. The new prices will come into…

A protest rally was staged by dozens of oil company employees on Tuesday to condemn the United Nations' silence towards the coalition violation against oil tankers. At the rally held in front of the UN office in Sanaa, the…

Ministry of Oil and Minerals and its subsidiary units ,Tuesday, held a rhetorical ceremony to mark the martyr's annual anniversary. The Deputy Prime Minister for Services and Development Dr. Hussein Maqbouli , during the…

Shura Council speaker Mohamed Hussein Al-Aidarous sent on Monday letters to the UN Secretary General Antonio Guterres, and the UN envoy to Yemen Martin Griffiths about safer oil tank. In the letter, al-Aidarous briefed the UN…