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Sunday, January 29, 2023

Tag: Saudi

Energy market needs Russian oil, no substitute exists

Dubai (Times Of Ocean)- UAE energy minister says Monday energy markets need Russian oil and no producer can replace its production.

The UN condemns attack on civilian facilities in Riadh

UNITED NATIONS (Times Of Ocean)- UN chief Antonio Guterres on Saturday condemned the attacks on civilian facilities in Saudi Arabia.

Iran dismisses Saudi-Kuwait gas field deal

Tehran (Times Of Ocean)- Iran has rejected an agreement between Gulf neighbors Saudi Arabia and Kuwait to develop an offshore gas field as "illegal", saying it must be included in the agreement.

BREAKING: Iran-backed Houthis attack on Aramco

Middle East (Times Of Ocean)- Initial reports based on video circulating on social networks indicate that Iran-backed Houthis attack on a Saudi Aramco facility in Jeddah.

TotalEnergies to stop purchasing products from Russia

Paris (Times Of Ocean)- TotalEnergies announced Tuesday it would stop buying Russian oil and petroleum products by the end of this year, as well as suspend activities in the country due to Russia's war against Ukraine.

Oil prices jump again as EU to Russian oil ban

London (Times Of Ocean)- Brent crude moved above $111 a barrel on Monday as EU nations considered joining the US in a Russian oil embargo as well as after an attack on Saudi oil facilities over the weekend.

US fortified Saudi’s Patriot missile supply amid Houthi attacks

White House (Times Of Ocean)- A senior Biden administration official confirmed the decision to transfer large numbers of Patriot antimissile interceptors to Saudi Arabia because the kingdom believes they are crucial to their defence system.

Saudi Arabia is targeted by Houthi attacks, causing damage

Riyadh (Times Of Ocean)- Saudi Arabia's coalition has claimed that attacks targeted Aramco's water desalination plant and power station in the south of the kingdom, as well as a gas facility in Khamis Mushait.

UK and Saudi Arabia to work on energy market stability

Riyadh (Times Of Ocean)- Prime Minister Boris Johnson said on Wednesday that UK and Saudi Arabia should cooperate "to improve energy security and reduce reliance on Russian hydrocarbons".

Saudi Arabia DENIES Biden Push To Speed Up Oil Production Gas Prices, Inflation Loom Over Midterms

Team Rising gives their thoughts on reports that the White House is exploring a gas tax holiday. About Rising: Rising is a weekday morning show...

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