Yemen Overview

Middle Eastern independent Kuwait Energy on Wednesday confirmed plans for an initial public offering (IPO), saying it would seek a listing on the London Stock Exchange.…

Saudi authorities intercepted a vessel loaded with explosives on its way to a fuel terminal owned by Saudi Aramco on Tuesday, the interior ministry reported in a…

At least nine people were killed in a Saudi air strike on the Yemeni oil port Ras Isa on Thursday. The number of casualties is expected to rise.

The attacks targeted…

A UK petroleum engineer has been freed from captors in Yemen by a UAE military raid. Douglas Robert Semple, kidnapped in the country in early 2014, has been released in…

Fahad Al Mubarak, governor of the Saudi Arabian Monetary Agency, announced Friday that the country would begin issuing bonds worth upwards of RS15 billion ($4…

Yemen’s only LNG plant halted all production and exports on Tuesday. Citing security concerns, the Yemen LNG Company has declared a force majeure, meaning that it…

LNG tanker Grace Acacia, expected to deliver a shipment to the Yemen LNG plant in Balhaf on April 10, was diverted on Wednesday due increasing tensions in the country.…

Total has evacuated its expatriate staff from Yemeni capital Sana’a and operations site Kharir, the French super-major told Reuters on Monday.

The move comes in…

The price of Brent crude fell $0.95 to $58.24 per barrel and US crude fell $0.98 to $50.45 per barrel on Friday morning. The sharp decline came after a 5-percent rise…