Aramco Q3 Profit Down 15% Year Over Year
DUBAI, United Arab Emirates — Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.
November 5, 202429 Mariners Rescued From Oil Tanker Hit in Red Sea Attacks
DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.
August 22, 2024Houthis Resume Red Sea Attacks After Two-Week Pause
DUBAI, United Arab Emirates — A missile attack by Yemen’s Houthi rebels struck a Liberian-flagged containership traveling through the Gulf of Aden, authorities said Aug. 4.
August 5, 2024Containership Hit Far in Arabian Sea; Houthis Claim Attack
JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.
April 30, 2024Attack by Yemen’s Houthi Rebels Targets a Ship in Red Sea
DUBAI, United Arab Emirates — An attack by Yemen’s Houthi rebels targeted a tanker in the Red Sea early March 15 but the ship’s crew was unharmed, authorities said.
March 15, 2024Aramco Announces $121 Billion Profit Last Year
DUBAI, United Arab Emirates — Saudi oil giant Aramco on March 10 reported it made $121 billion in profit last year, down from its 2022 record because of lower energy prices.
March 11, 2024Houthi Missile Attack Kills 3 Aboard a Ship in Gulf of Aden
DUBAI, United Arab Emirates — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed three of its crew members and forced survivors to abandon the vessel March 6.
March 6, 2024Three Red Sea Underwater Data Cables Have Been Cut
DUBAI, United Arab Emirates — Three Red Sea cables providing internet and telecommunications around the world have been cut as the waterway remains a target of Yemen’s Houthi rebels.
March 4, 2024Saudi Arabia, Russia Plan to Extend Oil Cut Through Year-End
DUBAI, United Arab Emirates — Saudi Arabia and Russia agreed Sept. 5 to extend their voluntary oil production cuts through the end of this year.
September 5, 2023Saudis Say US Sought One-Month Delay of OPEC+ Production Cuts
DUBAI, United Arab Emirates — Saudi Arabia said Oct. 13 that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month.
October 13, 2022