Oil exports from Yemen’s Maarib province have been scheduled to restart next week after violence forced shipments to stop for more than a year, the country’s oil minister has said
Oil exports to restart from Yemen province
Industry
Saudi Aramco launches subsidiary for tech ventures
Saudi Arabian Oil Company (Saudi Aramco) has launched its wholly-owned corporate venturing subsidiary Saudi Aramco Energy Ventures LLC (SAEV)
KSA counters Iran Hormuz threat by reopening Iraq pipeline
Saudi Arabia has reopened an old oil pipeline in order to bypass Gulf shipping lanes after Iran threatened to block the Strait of Hormuz in retaliation to US and European sanctions
South Korea to ban imports of Iranian crude
South Korea has announced it will suspend imports of Iranian crude oil from July 2012 after the European Union confirmed that it would impose sanctions to cut off insurance services for crude shipments from the country
Jordan’s energy imports up 59 per cent this year
Jordan’s imports of electricity, gas and oil derivatives increased by 59 per cent from January to April this year, according to data released by the country’s department of statistics
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