Yemen's Houthis vowed on Wednesday to press on with attacks on airports and oil facilities in Saudi Arabia, a day after a strike that sources said caused extensive damage to the headquarters of oil giant Saudi Aramco2223.SE.

The officials said the top three floors in a building used by top executives were damaged. One official said the office of the Aramco chief executive was among those hit.

The officials said the top three floors in a building used by top executives were damaged. One official said the office of the Aramco chief executive was among those hit.

Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three years, said Energy Minister Prince Abdulaziz bin Salman.

Yemen is spiraling back toward full-scale war after its Saudi-backed government launched a major offensive on Sunday to retake territory captured by the Iran-backed group Ansar Allah, also known as the Houthis. President Rashad al-Alimi said the armed forces would seek to retake all Houthi-controlled territory, which is home to about 70% of Yemen’s population, […]

The post US backs major offensive as Yemen slides back toward all-out war appeared first on Asia Times.

The World Oil Outlook is published annually by the OPEC Secretariat in Vienna and is intended to inform policymakers, industry stakeholders and market analysts on long-term energy trends.

The post Saudi Aramco to help build new Pakistan refinery as OPEC sees global oil demand climbing appeared first on BOL News.