Riyadh, May 14: Two pumping stations on a major Saudi oil pipeline were attacked by drones on Tuesday, halting the flow of crude along it, Saudi Energy Minister Khalid al-Falih said.
He said the attacks on the pipeline from the oil-rich Eastern Province to the Red Sea took place early on Tuesday.
Yemen's Huthi rebels said on Tuesday that they had targeted several vital Saudi targets with drones.
Dubai, Apr 24: The UAE reported 525 new COVID-19 cases on Friday. The Ministry of Health and Prevention said the total number of confirmed cases in the UAE is now 9,281.
MOHAP reported 8 deaths taking the total number of deaths in the country to 64. 123 recoveries have also been announced.
According to the Ministry of Health and Prevention, the latest cases were detected through its intensified investigation and examination procedures.
The ministry conducted over 32,000 additional COVID-19 tests among citizens and residents.
The ministry offered its sincere condolences to the families of the deceased. It also wished a speedy recovery to all patients and called upon the general public to strictly adhere to preventative measures out of concern for the health and safety of all.
Riyadh, Apr 20: Six more people have died in Saudi Arabia after contracting coronavirus as 1,122 new coronavirus cases were reported on Monday.
The Saudi health ministry said that total number of cases in the Kingdom had increased to 10,484. It also recorded 92 new recoveries, raising the total to 1,490.
The ministry said precautionary measures shall remain to limit the virus spread.
Mar 11: Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.
"Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd," the company said in a statement to the Saudi Stock Exchange.
The decision comes a day after the world's top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April.
The Saudi moves come after the collapse of an oil production reduction agreement between OPEC and non-OPEC producers, including Russia.
The deal proposed by Saudi Arabia called for additional output cuts of 1.5 million bpd to cope with the severe economic impact of the coronavirus which has sharply reduced world demand for crude.
Boosting production capacity normally takes a long time and requires billions of dollars of investment.
Several years ago, the kingdom had shelved plans to boost its crude production capacity beyond 12 million bpd after demand for OPEC oil declined in the face of stiff competition from North American shale oil and other sources.
Russia on Tuesday said it was open to renewing cooperation with the OPEC cartel even as its kingpin Saudi Arabia escalated a price war with Moscow by announcing it would flood markets with new supplies.
The oil price war broke out after OPEC and a group of non-member countries dominated by Russia -- the world's second largest producer -- on Friday failed to agree on production cuts.
Saudi Arabia responded by announcing unilateral price cuts. This prompted the oil price to plummet and fuelled huge falls on stock markets around the world on Monday.
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