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 considered in a st...

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 held the United S...

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 statement that the...

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 people. ...

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 aggression coaliti...

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 its national ...

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 450 thousand ...

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 for gasoline, je...

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 the maximum ...

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 that Saudi A...

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 largest oil pr...

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 than 330,000 to...

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 of the pande...

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 earlier losses...

"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 already imp...

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 alliance add...

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 effect on the fo...

  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 participants calle...

  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 ceremony, indicated ...

  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 officials on th...