An airstrike by the U.S. military has destroyed an oil port controlled by the Houthi militia in Yemen. Satellite imagery and ...

DUBAI, United Arab Emirates (AP) — A U.S. airstrike on an important oil port held by Yemen’s Houthi rebels killed more than ...

Minerva Saudi is pleased to announce the deployment of a 113,000 cubic meter Floating Storage Unit (FSU) at Jeddah Islamic ...

Various oil and gas companies including Chevron have exited their Red Sea concession blocks after making no finds, and will ...

The US says the attack on the Red Sea coast aimed to restrict supplies and funds for the Houthis, who called it a war crime.

Yemen’s Information Minister Moammar al-Eryani lauds President Trump’s military strikes on the Iran-backed Houthi rebels, ...

Chevron, alongside other multinational oil and gas companies, has exited its Red Sea oil and gas concession blocks in Egypt after failing to make any discoveries. The Egyptian petroleum ministry ...

The company’s oil tanker operations are providing a major revenue stream. International experts said that global geopolitical instability and the crisis in the Red Sea have led to changes in ...

A U.S. airstrike on Yemen’s Houthi-controlled Ras Isa port killed over 70 people, targeting fuel supplies and escalating ...