Firas Modad, director of Middle East country risk at IHS Markit, gives his take on recent tensions in the region
Attacks
Posted inVideo
Video: The long-term impact of the Saudi Aramco attacks
Saudi Aramco’s production is back online, but the long-term impact of the Abqaiq and Khurais attacks has yet to be fully understood. Our editor Carla Sertin and Herman Wang, senior oil writer at S&P Global Platts, discuss the way forward for Aramco, its exports, and the long-awaited IPO.
Posted inDRILLING & PRODUCTION
Iran attack on Saudi Arabia “act of war”, but Saudi crown prince prefers peaceful solution
Crown Prince Mohammad Bin Salman said “only a fool would attack 5% of global supplies,” and urged Iran and the US to come to the table and draft a new deal
Posted inDRILLING & PRODUCTION
Oil to average in the $60 per barrel range in Q4 2019: Gulf Intelligence survey
A Gulf Intelligence survey took the opinions of 100 energy industry executives one week after the attacks on Saudi oil facilities
Posted inDRILLING & PRODUCTION
Saudi Arabia ‘consulting allies’ about next steps after attack: Minister of foreign affairs
In a press conference on the sidelines of the UN General Assembly, KSA foreign affairs minister said he holds Iran responsible for the attacks
Posted inDRILLING & PRODUCTION
Iran supplied weapons used in Saudi oil attacks: Arab Coalition
A spokesman for the Arab Coalition said that preliminary findings point to Iran as the supplier of weapons which targeted Saudi oil facilities and took half of its production offline
Posted inDRILLING & PRODUCTION
Saudi Aramco to drop 5.7mn bpd of production after drone attack on Khurais and Abqaiq plants
Yemen’s Houthi rebels claimed responsibility for the attack, with a spokesman saying that more is yet to come.
Posted inDRILLING & PRODUCTION
UAE condemns Houthi attack on KSA, says security of both nations “indivisible”
The UAE stated full support for any measures taken by Saudi Arabia to ensure the nation’s security and to respond to terrorism
Posted inDRILLING & PRODUCTION
Warehouse co-owned by Eni and Libya NOC destroyed in airstrike
This is the fourth attack on the Libyan oil sector in recent weeks
Posted inNews
US military releases images of Japanese tanker damage, unexploded limpet mine
The US says the images point to Iran’s responsibility for the attacks