Houthis, the Islamic religious-political-armed movement of Yemen, claims responsibility for attack on Saudi oil facility
5 years, 3 months ago

Houthis, the Islamic religious-political-armed movement of Yemen, claims responsibility for attack on Saudi oil facility

Op India  

Houthis, the Islamic religious-political-armed movement of Yemen, on Saturday claimed responsibility for the drone attack on two Saudi Aramco factories, which led to massive fire at the world’s largest oil processing facility. Though Saudi Arabia’s Interior Ministry confirmed the fire was brought under control, it was however, uncertain whether the incident had caused any damages to the facility. He further added, “The two fires have been controlled.” Saudi Aramco, officially the Saudi Arabian Oil Company is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia. Flames are Saudi Arabia’s Interior Ministry statement asserts the fire engulfed the facility after it was “targetted targeted by drones,” and that investigation is on.

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History of this topic

Yemen’s Houthi rebels target oil tanker in the Red Sea. US says rebels also hit Saudi-flagged tanker
4 months, 1 week ago

Yemen’s Houthi rebels target oil tanker in the Red Sea. US says rebels also hit Saudi-flagged tanker

Associated Press  

DUBAI, United Arab Emirates — An attack by Yemen’s Houthi rebels targeted a Panama-flagged oil tanker in the Red Sea on Monday, authorities said, as a nearby Saudi-flagged tanker ship also allegedly came under fire from the group. In Monday’s first assault, two ballistic missiles hit the oil tanker Blue Lagoon I and a third exploded near the ship, the …

Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 record
10 months ago

Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 record

Associated Press  

DUBAI, United Arab Emirates — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. The results still marked the company’s second highest ever result, Aramco said, as members of the OPEC+ alliance continue to cut their production to try to boost global energy prices. …

Houthis attack Yemeni oil terminal in latest assault
2 years, 1 month ago

Houthis attack Yemeni oil terminal in latest assault

Al Jazeera  

The Houthi rebels have conducted several attacks in recent weeks targeting oil facilities in Yemen’s south. Yemen’s Houthi rebels have attacked the al-Dhabba oil terminal in the country’s eastern Hadramout governorate, in their latest strike on the country’s oil infrastructure. Both the Houthis and Yemen’s internationally recognised government, which controls al-Dhabba, confirmed the attack on Monday, with the government saying …

Saudi Arabia tells U.S. that Iran is prepping attack on kingdom
2 years, 2 months ago

Saudi Arabia tells U.S. that Iran is prepping attack on kingdom

The Hindu  

Saudi Arabia has shared intelligence with American officials that suggests Iran could be preparing for an imminent attack on the kingdom, three U.S. officials confirmed on Tuesday. “We will not hesitate to act in the defense of our interests and partners in the region.” One of the officials who confirmed the intelligence sharing described it as a credible threat of …

High oil prices help Saudi Aramco earn $88B in first half
2 years, 4 months ago

High oil prices help Saudi Aramco earn $88B in first half

Associated Press  

DUBAI, United Arab Emirates — Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. Prices have dipped below the $100 mark in past weeks amid slowed-down economic growth in China and the U.S. Aramco President CEO Amin Nasser said he …

Saudi oil giant Aramco’s first-quarter profits surge 80%
2 years, 7 months ago

Saudi oil giant Aramco’s first-quarter profits surge 80%

Associated Press  

DUBAI, United Arab Emirates — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine. The bumper first-quarter earnings by the firm formally known as the Saudi Arabian …

Saudi airstrikes hit Yemen’s Houthis after Jiddah attack
2 years, 9 months ago

Saudi airstrikes hit Yemen’s Houthis after Jiddah attack

Associated Press  

SANAA, Yemen — A Saudi-led coalition fighting Iran-backed Houthi rebels in Yemen unleashed a barrage of airstrikes on the capital and a strategic Red Sea city, officials said Saturday. A Houthi media office claimed an airstrike hit houses for guards of the social insurance office in Sanaa’s Haddah neighborhood, killing at least eight people and wounding four others, including women …

Saudi airstrikes hit Yemen 's Houthis after Jiddah attack
2 years, 9 months ago

Saudi airstrikes hit Yemen 's Houthis after Jiddah attack

The Independent  

Get Nadine White's Race Report newsletter for a fresh perspective on the week's news Get our free newsletter from The Independent's Race Correspondent Get our free newsletter from The Independent's Race Correspondent SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Saudi-led coalition fighting Iran-backed Houthi rebels in …

Yemen rebels strike oil depot in Saudi city hosting F1 race
2 years, 9 months ago

Yemen rebels strike oil depot in Saudi city hosting F1 race

Associated Press  

JIDDAH, Saudi Arabia — Yemen’s Houthi rebels attacked an oil depot on Friday in the Saudi city of Jiddah ahead of a Formula One race in the kingdom. “This hostile escalation targets oil facilities and aims to undermine energy security and the backbone of global economy,” al-Malki said, according to the state-run Saudi Press Agency. The Saudi Motorsport Co., which …

Saudi Aramco’s Jeddah oil depot hit by Houthi attack
2 years, 9 months ago

Saudi Aramco’s Jeddah oil depot hit by Houthi attack

Al Jazeera  

Saudi Arabia announces ‘military operation’ in Yemen following series of drone and rocket attacks on the kingdom. Yemen’s Houthis rebels have acknowledged a series of attacks on Saudi Arabia after state media in the kingdom reported rocket and drone strikes targeting an oil depot in Jeddah and other facilities in Riyadh. The Saudi Motorsport Co, which promotes the race, acknowledged …

Satellite photos show Yemen rebels hit Saudi oil site again
2 years, 9 months ago

Satellite photos show Yemen rebels hit Saudi oil site again

Associated Press  

DUBAI, United Arab Emirates — Yemen’s Iran-backed Houthi rebels this week struck the same oil storage tank in the Saudi Arabian city of Jiddah they had previously hit a year and a half ago, satellite photos showed Tuesday. It also comes as Saudi Arabia issued an unusually stark warning that it is unable to guarantee its oil production won’t be …

Saudi Arabia says it’s not responsible for high oil prices
2 years, 9 months ago

Saudi Arabia says it’s not responsible for high oil prices

Associated Press  

DUBAI, United Arab Emirates — Saudi Arabia said Monday that it “won’t bear any responsibility” for a shortage in global oil supplies after a fierce barrage of attacks by Yemen’s Houthi rebels affected production in the kingdom, the world’s largest oil exporter. The salvo of rebel attacks on Saudi Arabia’s oil facilities marked a serious escalation in the war, which …

Yemen rebels launch barrage of strikes on Saudi sites
2 years, 9 months ago

Yemen rebels launch barrage of strikes on Saudi sites

Associated Press  

DUBAI, United Arab Emirates — Yemen’s Houthi rebels unleashed one of their most intense barrages of drone and missile strikes on Saudi Arabia’s critical energy facilities on Sunday, sparking a fire at one site and temporarily cutting oil production at another. The attacks did not cause casualties, the Saudi-led military coalition fighting in Yemen said, but struck sites belonging to …

Saudi Arabia says Yemen rebels target its energy facilities
2 years, 9 months ago

Saudi Arabia says Yemen rebels target its energy facilities

The Hindu  

Yemen’s Houthi rebels unleashed a barrage of drone and missile strikes on Saudi Arabia early Sunday that targeted a liquified natural gas plant, water desalination plant, oil facility and power station, Saudi state-run media reported. The attacks also came as Saudi Arabia's state-backed oil giant Aramco announced that its profits surged 124% in 2021 to $110 billion, a big jump …

Houthis launch multiple strikes on Saudi sites
2 years, 9 months ago

Houthis launch multiple strikes on Saudi sites

Al Jazeera  

The Saudi-led coalition says the barrage of drone and missile attacks by the Yemeni rebel group did not cause any casualties. Yemen’s Houthi rebels have unleashed a barrage of drone and missile attacks on Saudi Arabia, targeting a liquefied natural gas plant, water desalination plant, oil facility and power station, Saudi state-run media reported. Later on Sunday, the military coalition …

Saudi oil refinery attacked by drone, sparking small fire
2 years, 10 months ago

Saudi oil refinery attacked by drone, sparking small fire

India TV News  

Highlights An oil refinery in Saudi Arabia’s capital Riyadh was attacked by drone It caused a small fire that did not cause injuries or affect supplies, said the energy ministry The statement did not specify where the drone strike was launched from An oil refinery in Saudi Arabia’s capital, Riyadh, was attacked by drone, causing a small fire that did …

Yemen’s unending tragedy
2 years, 10 months ago

Yemen’s unending tragedy

The Hindu  

The month of January saw a serious escalation of the seven-year-old war in Yemen, resulting in more bloodshed and inflicting more suffering on its people. Jamal Benomar, a former U.N. special envoy to Yemen, said that the air raids are the latest in the series of war crimes committed by the military coalition led by Saudi Arabia. The reality is …

Saudi Arabia: 12 hurt in attack targeting airport near Yemen
2 years, 11 months ago

Saudi Arabia: 12 hurt in attack targeting airport near Yemen

Associated Press  

RIYADH, Saudi Arabia — The Saudi-led coalition fighting in Yemen said 12 people were injured by falling debris from an attempted drone attack Thursday on an airport in the southern Saudi region of Abha, near the kingdom’s border with Yemen. Saudi Arabia has been involved in Yemen’s civil war since 2015, fighting against the rebel Houthis who overran the capital, …

US military fired missiles during Yemen Houthi attack on UAE
2 years, 11 months ago

US military fired missiles during Yemen Houthi attack on UAE

India TV News  

DUBAI, United Arab Emirates — The U.S. military launched interceptor missiles during an attack by Yemen's Houthi rebels that targeted the United Arab Emirates during a visit by Israel's president, the second-such time American troops have opened fire, officials said. The acknowledgement by the White House and Pentagon late Monday represent a widening American involvement in Yemen's yearslong war, a …

Why did the Houthis attack the UAE? Everything you need to know
2 years, 11 months ago

Why did the Houthis attack the UAE? Everything you need to know

Al Jazeera  

Why are Yemen’s Houthis launching attacks on the UAE and is this a new front in the war? Yemen’s Iran-aligned Houthi rebels have in recent weeks launched several drone and missile attacks on the United Arab Emirates – a member of a Saudi-led coalition fighting the armed group in Yemen. In response, the coalition – fighting to restore Yemen’s internationally …

UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi
2 years, 11 months ago

UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi

Deccan Chronicle  

Dubai: The UAE on Monday intercepted and destroyed two ballistic missiles that the Houthi terror group fired towards its capital Abu Dhabi, the Ministry of Defence said, days after two Indians and a Pakistani were killed in a rare drone and missile attack claimed by the Yemeni rebels. The attack did not result in any human losses, it said, adding …

UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi
2 years, 11 months ago

UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi

The Hindu  

The UAE on Monday, January 24, 2022, intercepted and destroyed two ballistic missiles that the Houthi terror group fired towards its capital Abu Dhabi, the Ministry of Defence said, days after two Indians and a Pakistani were killed in a rare drone and missile attack claimed by the Yemeni rebels. The attack did not result in any human losses, it …

UAE envoy: Yemen’s Houthis used missiles in Abu Dhabi attack
2 years, 11 months ago

UAE envoy: Yemen’s Houthis used missiles in Abu Dhabi attack

The Hindu  

Yemen’s Houthi rebels used cruise and ballistic missiles, in addition to drones, in an attack on Abu Dhabi this week that killed three people and set off fires at a fuel depot and an international airport, the Emirati ambassador to the United States said Wednesday. The remarks by Ambassador Yousef Al-Otaiba marked an official acknowledgement that missiles — and not …

UAE envoy: Yemen’s Houthis used missiles in Abu Dhabi attack
2 years, 11 months ago

UAE envoy: Yemen’s Houthis used missiles in Abu Dhabi attack

Associated Press  

DUBAI, United Arab Emirates — Yemen’s Houthi rebels used cruise and ballistic missiles, in addition to drones, in an attack on Abu Dhabi this week that killed three people and set off fires at a fuel depot and an international airport, the Emirati ambassador to the United States said Wednesday. The remarks by Ambassador Yousef Al-Otaiba marked an official acknowledgement …

What’s behind the Houthis’ UAE attacks?
2 years, 11 months ago

What’s behind the Houthis’ UAE attacks?

The Hindu  

The story so far: A suspected drone attack on Monday in Abu Dhabi, the capital of the United Arab Emirates, caused multiple explosions in which three people were killed — two Indians and one Pakistani. Since then, the government launched multiple military campaigns in Sa’dah, the Zaydi stronghold, to end the resistance, which was locally called the Houthis movement, after …

Saudi-led coalition launches deadly air raids in Yemen’s Sanaa
2 years, 11 months ago

Saudi-led coalition launches deadly air raids in Yemen’s Sanaa

Al Jazeera  

Residents say some 14 people were killed in the Yemeni capital a day after a suspected Houthi attack killed three people in the UAE. The Saudi-led coalition has carried out air raids in the Yemeni capital Sanaa, killing more than 12 people, according to residents, a day after the Houthi rebel group launched a deadly attack in the United Arab …

Drone attack in Abu Dhabi claimed by Yemen’s rebels kills 3
2 years, 11 months ago

Drone attack in Abu Dhabi claimed by Yemen’s rebels kills 3

Associated Press  

DUBAI, United Arab Emirates — A drone attack claimed by Yemen’s Houthi rebels targeting a key oil facility in Abu Dhabi killed three people on Monday and sparked a fire at Abu Dhabi’s international airport. Senior Emirati diplomat Anwar Gargash blamed the Houthis for the attack, saying on Twitter that Emirati authorities were handling the rebel group’s “vicious attack on …

What is behind the Houthi attacks in the UAE?
2 years, 11 months ago

What is behind the Houthi attacks in the UAE?

Al Jazeera  

The UAE, a member of the Saudi-led coalition fighting the rebels, has largely avoided the Houthi firing line until now. The UAE – which has been a member of the Saudi-led coalition fighting the Houthis, and officially backing Yemen’s government, since March 2015 – has largely avoided the Houthi firing line. The STC has instead directly clashed with the Yemeni …

UAE pledges to retaliate after three killed in Houthi attacks
2 years, 11 months ago

UAE pledges to retaliate after three killed in Houthi attacks

Al Jazeera  

Emirati officials condemn Houthi attacks in Abu Dhabi as ‘heinous crimes’, US says it will hold the group accountable. Meanwhile, Yahya Saree, the military spokesman of the Houthis said the group had “carried out … a successful military operation” against “important and sensitive Emirati sites and installations” using both ballistic missiles and drones. “We condemn the Houthi terrorist militia’s targeting …

Drone attack in Abu Dhabi claimed by Yemen’s rebels kills 3
2 years, 11 months ago

Drone attack in Abu Dhabi claimed by Yemen’s rebels kills 3

LA Times  

In a satellite photo, Abu Dhabi International Airport is seen Dec. 8. A suspected drone attack by Yemen’s Houthi rebels targeting a key oil facility in Abu Dhabi killed three people and sparked a separate fire at Abu Dhabi’s international airport Monday, police said. A drone attack claimed by Yemen’s Houthi rebels targeting a key oil facility in Abu Dhabi …

Yemen: Saudi-led coalition targets Sanaa after vessel seized
3 years ago

Yemen: Saudi-led coalition targets Sanaa after vessel seized

Al Jazeera  

Coalition says it destroyed workshops and warehouses for drones in response to a UAE-flagged vessel in the Red Sea being seized. The Saudi-led coalition has launched air attacks in Yemen’s capital Sanaa in response to a United Arab Emirates-flagged vessel in the Red Sea being seized and drone attacks launched by Yemeni Houthi fighters earlier this week. Saudi Arabian air …

Yemen's Houthi rebels used drones to attack Aramco refineries, Jeddah Airport
3 years, 1 month ago

Yemen's Houthi rebels used drones to attack Aramco refineries, Jeddah Airport

Hindustan Times  

Yemen’s Shiite Houthi rebels said they used drones to attack Saudi Aramco refineries and King Abdullah airport in Jeddah, as well as targets at Abha airport. A Houthi fighter fires a weapon at a frontline in al-Jubah district of Yemen's Marib province in a frame grab from video handed out by the Houthi's media center A total of 14 drones …

Houthis say drone attacks target several Saudi cities
3 years, 1 month ago

Houthis say drone attacks target several Saudi cities

Al Jazeera  

Saudi-led coalition later said it attacked 13 targets in Yemen during a military operation against the group. Yemen’s Houthi fighters said they fired 14 drones at several Saudi cities on Saturday, including at Saudi Aramco facilities in Jeddah, with the Saudi state news agency reporting that the Saudi-led coalition attacked 13 targets in Yemen during a military operation against the …

Saudi Arabia says it intercepted Yemen missile that hurt 2
3 years, 4 months ago

Saudi Arabia says it intercepted Yemen missile that hurt 2

The Hindu  

Saudi Arabia intercepted a ballistic missile fired by Yemen's Houthi rebels and debris that fell on a neighborhood near Dammam wounded at least two children, the Kingdom said September 5. Images published by the state-run Saudi Press Agency showed glass and debris across a townhouse there, which is in the Kingdom's eastern reaches and near the headquarters of the state-run …

Saudi forces intercept three ballistic missiles, blame Houthis
3 years, 4 months ago

Saudi forces intercept three ballistic missiles, blame Houthis

Al Jazeera  

Saudi-led coalition fighting Yemen’s Houthis say the rebels fired three ballistic missiles at cities in the kingdom’s east and south. Authorities in Saudi Arabia say they have intercepted three ballistic missiles targeting the country’s oil-rich eastern region as well as the cities of Najran and Jazan in the south. Shrapnel from the missile scattered over the Dammam Suburb neighbourhood, injuring …

Houthis say they attacked Aramco, Patriot targets in Saudi Arabia
3 years, 8 months ago

Houthis say they attacked Aramco, Patriot targets in Saudi Arabia

Al Jazeera  

Yemeni group claims it attacked Aramco oil facility and Patriot anti-missile system, but no confirmation from Riyadh. Yemen’s Houthi rebels have claimed they used drones and missiles to attack oil installation and military targets in the southern Saudi city of Jazan, with a site belonging to state oil giant Aramco catching fire in the attack on Thursday. However, the Saudi …

Houthis launch drone attacks at Saudi airport, airbase
3 years, 8 months ago

Houthis launch drone attacks at Saudi airport, airbase

India TV News  

Yemen's Houthi militia said they launched bomb-laden drone attacks towards the Jizan Airport and King Khalid Airbase in southwestern Saudi Arabia. "The attacks targeted aircraft hangars in Jizan Airport and King Khalid Airbase in Khamis Mushait city," Houthi military spokesman Yehya Sarea said in a statement on Sunday aired by the group's al-Masirah TV. Meanwhile, Saudi-owned Alarabiya TV reported that …

Yemen’s Houthi rebels claim attacks on Saudi oil facilities
3 years, 8 months ago

Yemen’s Houthi rebels claim attacks on Saudi oil facilities

Al Jazeera  

The Yemeni group claimed to have targeted Aramco’s refineries in the coastal cities of Jeddah and Jubail but Saudi Arabia has yet to confirm. Yemen’s Houthis claim to have launched drone attacks against Saudi Arabian energy giant Aramco’s facilities, amid a surge in fighting between the rebels and forces loyal to the Riyadh-backed government in Yemen. Houthi spokesman Yahya Saree …

Yemen’s Houthis say they launched drone attacks on Saudi capital
3 years, 9 months ago

Yemen’s Houthis say they launched drone attacks on Saudi capital

Al Jazeera  

A Houthi spokesman claims four drones targeted positions in Riyadh but no confirmation yet from Saudi Arabia. A spokesman for the Houthi movement says the group carried out drone attacks targeting positions in the Saudi Arabian capital Riyadh, amid diplomatic efforts to reach a ceasefire in war-torn Yemen. There was no confirmation from the Saudi authorities to Thursday’s claim but …

Houthis launch attacks on Saudi oil facilities, military sites
3 years, 9 months ago

Houthis launch attacks on Saudi oil facilities, military sites

Al Jazeera  

Saudi Arabia says it plans to take action after Yemen’s Houthis launch drone and missile attacks on sixth anniversary of Saudi intervention. Yemen’s Houthi rebels say they have launched drone and ballistic missile attacks on Saudi Arabia, targeting oil facilities owned by the state-run Saudi Aramco company and military sites, coinciding with the sixth anniversary of the kingdom’s military intervention …

Saudi coalition launches air raids on Yemen’s Houthi-held capital
3 years, 9 months ago

Saudi coalition launches air raids on Yemen’s Houthi-held capital

Al Jazeera  

The Saudi-led coalition battling Yemen’s Houthi rebels struck military targets belonging to the Iran-aligned movement in the capital, Sanaa, in the early hours of Sunday, residents said. Residents in Sanaa told Reuters news agency that coalition warplanes bombed areas housing Houthi military camps in southern Sanaa and a military manufacturing site in the north of the city. Houthi-run Al Masirah …

Saudi Arabia: Drones attack Riyadh oil facility, no damage
3 years, 9 months ago

Saudi Arabia: Drones attack Riyadh oil facility, no damage

Associated Press  

DUBAI, United Arab Emirates — A drone attack struck an oil installation in Saudi Arabia’s capital of Riyadh on Friday, the Saudi state-run news agency reported, igniting a blaze at the facility deep in the kingdom’s territory. Most recently, drones struck Ras Tanura, the country’s largest crude oil refinery with capacity of 550,000 barrels a day, raising concerns about the …

Fire at Saudi Arabia oil facility after drone attack
3 years, 9 months ago

Fire at Saudi Arabia oil facility after drone attack

Al Jazeera  

Saudi Arabia condemns attack, saying it targeted ‘the security and stability of the world’s energy supplies’. Saudi Arabia said drones struck an oil facility in the capital of Riyadh on Friday, igniting a fire at the installation. Saudi Arabia condemned the attack saying the assault targeted “the security and stability of the world’s energy supplies”. “We condemn the Houthis’ attempts …

Drone strikes on key Saudi Arabian oil facilities push crude oil prices over $70 per barrel
3 years, 10 months ago

Drone strikes on key Saudi Arabian oil facilities push crude oil prices over $70 per barrel

India TV News  

Oil prices rose Monday as Saudi Arabian oil facilities were targeted by drone strikes just days after the largest crude exporting nations in the world said they would not increase output. The attacks in Saudi Arabia follow a devastating winter freeze in Texas and other parts of the southern United States last month knocked out production of roughly 4 million …

Houthis fire missiles, drones at Saudi oil facilities
3 years, 10 months ago

Houthis fire missiles, drones at Saudi oil facilities

Al Jazeera  

Yemen’s Houthi rebels fired drones and missiles at the heart of Saudi Arabia’s oil industry on Sunday, attacking a Saudi Aramco facility at Ras Tanura in an assault the kingdom said was aimed at the security and stability of the global energy supply. “One of the petroleum tank areas at the Ras Tanura Port in the Eastern Region, one of …

Yemen rebels’ missile strikes Saudi oil facility in Jiddah
4 years, 1 month ago

Yemen rebels’ missile strikes Saudi oil facility in Jiddah

Associated Press  

DUBAI, United Arab Emirates — Yemen’s Houthi rebels said they struck a Saudi oil facility in the port city of Jiddah early Monday with a new cruise missile, just hours after the kingdom finished hosting its virtual Group of 20 leaders summit. A projectile struck a fuel tank at the Jiddah distribution station and ignited a fire around 3:50 a.m., …

Yemen rebels claim attack on Saudi oil facility in Jiddah
4 years, 1 month ago

Yemen rebels claim attack on Saudi oil facility in Jiddah

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Saudi Arabia’s financial woes mean it’s squeezing cash cow Saudi Aramco
4 years, 4 months ago

Saudi Arabia’s financial woes mean it’s squeezing cash cow Saudi Aramco

Live Mint  

The world’s biggest oil company is getting squeezed by its main shareholder, the Saudi Arabian government. “It will limit how much they can invest in things like maintaining the oil fields and developing new technologies.” Dividend Promise The government has previously leveraged Aramco’s balance sheet to bolster its own finances. Gearing could reach 30% by 2023 if crude prices remain …

Yemeni Houthis say they hit Saudi oil facility in drone, missile attack
4 years, 5 months ago

Yemeni Houthis say they hit Saudi oil facility in drone, missile attack

India Today  

Yemeni Houthi forces hit a large oil facility in the southern Saudi Arabian city of Jizan in drone and missile attacks overnight, a Houthi military spokesman said on Monday. The Saudi-led coalition fighting the Houthis said earlier it had intercepted and destroyed four missiles and six explosive drones fired by the Houthis over the border towards Saudi Arabia. "With many …

Saudi Arabia intercepts missiles in attack claimed by Yemen’s Houthis
4 years, 9 months ago

Saudi Arabia intercepts missiles in attack claimed by Yemen’s Houthis

The Hindu  

Saudi Arabia said its air defences intercepted two ballistic missiles on Saturday night in an attack that Yemen’s Iran-aligned Houthi group on Sunday said it had launched towards the capital Riyadh and southern areas near the Yemeni border. Yemen’s Houthis battling the Saudi-led coalition have launched hundreds of missiles and drones across the border, mostly at nearby military and civilian …

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