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BUSINESS

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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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An Airbus A400M on display at the Paris Air Show 2015. (Eric Piermont/ AFP)
June 21st, 2017 - 06:00 GMT

Boeing, Airbus: Who's Crushing Who at Paris Air Show 2017?

Data science and analytics jobs are on the rise. (Pixabay)
June 20th, 2017 - 11:10 GMT

Data Science, Analytics to Create 2.7 Million New Jobs by 2020

Think twice before opening that email. (File photo)
June 20th, 2017 - 11:04 GMT

'Impersonation Attacks' Are the New Email Scam

More millionaires in the UAE. (Pixabay)
June 20th, 2017 - 10:59 GMT

UAE Sees 6 Percent More Millionaires in 2016: Report

Dubai's flying taxi. (TA)
June 20th, 2017 - 10:54 GMT

Flying Taxis Are Coming to Dubai This Year (Yes, Really!)

Saudi Aramco. (AFP/ File)
June 20th, 2017 - 09:49 GMT

Saudi Arabia, Aramco Take Steps to Maximize IPO Valuation

Snapchat. (File photo)
June 20th, 2017 - 09:43 GMT

Time Warner, Snapchat Sign Deal for Original Content Creation

A currency trader in Tokyo observes progress in the US presidential election as a TV channel displays portraits of contenders Hillary Clinton and Donald Trump. (AFP)
June 20th, 2017 - 09:40 GMT

Tokyo Stocks Hit 22-Month High on Wall Street Gain, Weak Yen

The project will provide legal identification to 1.1 billion people worldwide with no official documents. (AFP/ File)
June 20th, 2017 - 09:34 GMT

Microsoft, Accenture Build Digital ID Network for UN Refugees

Barclays. (File photo)
June 20th, 2017 - 09:23 GMT

UK Charges Barclays, Four Ex-Staff With Fraud Over Illegal Qatar Funds

Tesla at the 2016 Shanghai Auto Show. (Johannes Aisele/ AFP)
June 20th, 2017 - 09:15 GMT

Tesla to Open First Vehicle Factory in China

Seismic surveys reveal 14 promising oil and gas basins in the Arctic. (Pixabay)
June 20th, 2017 - 09:06 GMT

Russia Says New Oil Field Discovered in Arctic

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