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Saudi Arabia restores full oil capacity after drone strikes
April 12th, 2026 - 08:27 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Saudi Arabia restores full oil capacity after drone strikes

ALBAWABA- Saudi Arabia has fully restored its oil production and export capacity following last week’s drone attacks on key energy infrastructure, with officials describing the recovery as completed in “record time.” In a joint statement, the Ministry of Energy and Saudi Aramco outlined a rapid operational rebound across critical facilities. Pumping capacity on the East-West Pipeline has returned to approximately 7 million barrels per day, offsetting a prior loss of ...
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The semi-official ISNA news agency stated a key condition: Such a visit would require an agreement between the two sides on guidelines
March 7th, 2012 - 06:42 GMT

Iran: Tehran to allow nuclear inspectors into Parchin

Egypt’s 20-year gas deal with Israel, signed during the Mubarak era, is unpopular with some Egyptians, with critics accusing Israel of not paying enough for the fuel
March 6th, 2012 - 07:08 GMT

Egypt gas pipeline bombed for the 13th time

Gold traders continued to rebalance their portfolios after prices plunged by 5% its largest one day loss
March 5th, 2012 - 12:44 GMT

Gold to edge lower on global economic concerns

Brent fell 2 per cent on Friday after Saudi Arabia denied a media report of an explosion at a Saudi oil pipeline that had helped Brent crude prices shoot up $5 to $126.20
March 5th, 2012 - 10:25 GMT

Brent nears $124 on Iran supply concerns

Bahrain's government will commit to shoulder in the first year BD200 for each graduate hired by companies and in the second year BD150
March 5th, 2012 - 09:44 GMT

Bahrain to launch $21 million jobs plan

US sanctions on Iran’s oil buyers, to begin July 1, have already forced its customers in Europe and Asia to curb purchases from the world’s fifth-largest crude exporter
March 5th, 2012 - 08:29 GMT

Saudi Arabia is taking steps to contain Iran oil threat

Lebanon’s economy is connected to Syria through trade, finance and tourism, so the Lebanese economy felt more the repercussions of the Syrian and Egyptian events
March 5th, 2012 - 07:42 GMT

Lebanon: Beirut stocks take a leap and extend gains

This act is aimed to end the Jordanian farmers suffers from marketing difficulties amid the prevailing regional unrest
March 4th, 2012 - 02:00 GMT

Iraq to discuss opening Iraqi market to Jordanian produce

The price hike came as a bid for citizens to carry part of the burden of rising electricity generation costs due to ongoing cuts in Egyptian gas supplies
March 4th, 2012 - 01:17 GMT

Jordan: Energy officials insist new electricity pricing accurate

Iran is looking to discover 2.5 billion barrels of recoverable oil and 23 trillion cubic feet of gas in the course of the country's fifth five-year development programme (2010-2015) now under way
March 4th, 2012 - 11:09 GMT

Iran discovers huge oil field

A privacy specialist at Pitmans law firm, Philip James called on Facebook to improve the security around the content system
March 4th, 2012 - 09:00 GMT

Facebook shares more users' personal information than it acknowledges

Dubai Statistics Centre reported in January a decrease in the rate of inflation in food; non-alcoholic beverage, housing, water, electricity, gas and fuel, entertainment and culture, and furniture, furnishings and household items
March 4th, 2012 - 08:19 GMT

UAE: Dubai dropped 16 places lower in the recent Cost of Living index

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