Tag: pipeline
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Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concerns
Sept 15 : Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf.Brent crude futures rose $1.24, or 1.18 per cent, to $106.93 a barr
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Oil prices climb over 2% after strikes on Saudi pipeline and ships in Middle East
NEW YORK, Sept 14 : Oil prices climbed over 2 per cent on Monday as worries about energy supplies mounted following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East.Brent futures rose $2.72, or 2.6 per cent, to $107.33 per barrel at 11:39 a.m. EDT (1539 GMT). U.S. We
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Baghdad confirms attack on Saudi pipeline came from Iraq
Saudi Arabia has said it will not relatiate and wants Iraq to “take the necessary measures.” Baghdad is under pressure from the United States to rein in Iran-backed militias.
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Saudi oil pipeline attack could raise global gas prices
The East-West pipeline was meant to keep Saudi crude oil flowing when the Strait of Hormuz became impassable. Now that route has also been hit, putting Saudi Arabia’s export options under new pressure.
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Saudi Arabia shuts key oil pipeline after drone attack launched from Iraq
The East-West pipeline has helped the country – the world’s largest crude oil exporter – bypass closures in the Strait of Hormuz.
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Iran’s oil supply threat extends beyond Strait of Hormuz
Oil and gas producers in the Gulf are seeking alternatives to the Strait of Hormuz as traffic again comes under fire. But is Iran also turning its attention to the pipelines meant to bypass the waterway?
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Shell pumped oil through Nigeria pipeline for years despite pollution evidence, documents show
The oil giant says the documents ignore the critical context of the complex operating environment at the time.
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