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LatestLYSaudi Vows Quick Recovery Despite Damage to Oil Plants

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Saudi Arabia vowed on Friday to quickly restore oil production as it revealed extensive damage to key oil plants following weekend aerial strikes, which the US has blamed

The attacks, which hit state-controlled oil giant Saudi Aramco's facilities in the country's east at Khurais and the world's largest oil processing facility at Abqaiq, were claimed

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RAPPLERSaudi vows quick recovery despite damage to oil

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In a site visit giving rare access to the nerve center of the world’s largest oil producer, state oil giant Saudi Aramco flew in journalists to show the extent of damage and the ongoing cleanup.

Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore full production even as regional

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Arabian BusinessSaudi Aramco showcases oil-attack recovery

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Aramco made surprisingly swift progress with repairs, returning production to pre-attack levels by the end of last month. Saudi Aramco showed it has made significant progress in restoring damaged oil infrastructure to

Saudi Aramco revealed the significant damage caused by aerial strikes on its Khurais oil field and Abqaiq crude-processing plant last weekend, and insisted that the sites will be back to pre

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NDTVSaudi Arabia Reveals Extent Of Damage To Oil

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Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore full production even as regional

A damaged installation at Saudi Arabia's Abqaiq oil processing plant Abqaiq (Saudi Arabia) (AFP) Saudi Arabia vowed Friday to quickly restore oil production as it revealed extensive damage

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Gulf BusinessSaudi partially restores output at damaged oil

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oil meal residue: less than 1%

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Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world that crude exports won’t suffer, its damaged facility has partially restarted and that

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AramcoShaybah oil field and recovery plant Aramco

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Three gas oil separation plants built. And finally, extensive support and residential facilities were put in place, to house people staying in one of the most remote

The attacks by more than two dozen missiles and drones threw into doubt Saudi Arabia’s role as an anchor of stability in global energy markets and its ability to convince investors to buy shares in Saudi Aramco’s planned initial public offering.

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CORRECTED-WRAPUP 3-Media visits wrecked Saudi oil plant, Iran vows

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Saudi Arabia on Friday took media to inspect oil facilities hit by attacks that Washington and Riyadh blame on Iran, showing melted pipes and burnt equipment, as Tehran vowed wide retaliation if

Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed

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Dunya NewsSaudi Arabia reveals extent of damage to attacked oil plants

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ABQAIQ (AFP) Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore full production even as regional tensions soar. Yemen s Tehran-linked Huthi rebels, who on Friday announced a sudden halt to

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The Express TribuneMedia visits wrecked Saudi oil plant, Iran vows to

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use for: Edible, nuts, Edible, vegetable seeds, flaxseeds

At Abqaiq, one of the world’s largest oil processing plants, reporters saw a punctured, blackened stabilizer tower that Khalid Buraik, Saudi Aramco vice

Saudi Arabia’s long-awaited shift from oil-fired power generation to natural gas and renewables remains slow-moving, with major utility transitions

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Aramco LifeAIN DAR sulfate Aramco Life

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Ocean waters account for more than 95% of the Earth’s water, and in arid Saudi Arabia, using seawater to enhance oil recovery makes good

CNBC's Hadley Gamble reports from Saudi Arabia's Abqaiq and Khurais oil facilities.

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Should Saudi Arabia use 'offensive weapons' to defend oil terminals?
Saudi Arabia used what Congress might consider “offensive weapons” to successfully defend major oil terminals, but a much more devastating attack is inevitable if Houthi missile and drone attacks persist.
How difficult is OPEC+ policy for Saudi Arabia & MBS?
Letting go of an activist OPEC+ policy has been difficult for Saudi Arabia and MBS. The oil price increases of 2017 were seen as an early success for him during his first year, which was after he pushed aside his rival Mohammed bin Nayef and became Crown Prince and the de facto ruler.
Why are the Houthis increasing their missile salvos against Saudi Arabia?
The Houthis are increasing their missile salvos against Saudi Arabia because they have no fear of shortages. As the Biden administration and the UN have pointed out, the rebels can draw on covert shipments of Iranian-supplied drone engines, ballistic missile motors, and electronics.
Will Saudi retaliation cause a fatal blow to us peace efforts?
Likewise, Saudi military retaliation for such incidents could easily cause major loss of civilian life. The Houthis are also risking a fatal blow to U.S. peace efforts. The only surefire way to avoid these potential disasters is convincing the Houthis to stop their missile, drone, and rocket attacks.
Could Riyadh be a face-saving strategy?
This strategy could galvanize Riyadh to take face-saving measures, including more-strenuous military efforts, further strikes in Yemen (e.g., Saudi forces hit drone and missile construction facilities in Sanaa on March 8), and a visible hesitance to play a constructive role in U.S.-led peace efforts.
What does Saudi Arabia's strategic pivot mean for OPEC+?
Saudi Arabia’s strategic pivot is about letting go of the illusion of market control and moving production back up toward capacity, which will provide more revenue in the long-term. At a brief online meeting on May 3, OPEC+ decided to again surprise the market with a bit more supply, raising its quotas for June by 411,000 bpd.

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