Drone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity, or 5% of the daily global oil supply, people with knowledge of Saudi's oil operations told CNN Business.
Yemen's Houthi rebels on Saturday took responsibility for the attacks, saying 10 drones targeted state-owned Saudi Aramco oil facilities in Abqaiq and Khurais, according to the Houthi-run Al-Masirah news agency.
Five million barrels per day of crude production have been impacted after fires raged at the sites, one of them the world's largest oil production facility, people with knowledge of the kingdom's operations said. The latest OPEC figures from August 2019 put the total Saudi production at 9.8 million barrels per day.
The Trump administration has overhauled a set of nuclear safety directives and shared them with the...
A federal judge on Thursday cleared the way for a New York offshore wind project to...
For those who did not manage to buy portable gas heaters and stoves, firebricks have become...
Europe’s biggest offshore wind developer is taking the Trump administration to court over its decision to...
