YemenEXtra
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Oil

Saudi Arabia and US shale oil boom

YemenExtra Y.A The United States is on course to take over Saudi Arabia and even rival Russia as the world’s leading energy producer this year following a months-long price rally that has fueled a resurgence of the shale oil industry.…

Burning Iranian tanker sinks, all crew presumed dead

YemenExtra M.A. The tragic fate of sailors aboard an ill-fated Iranian oil tanker that had been burning near China’s eastern coast for a week has been sealed. Iranian officials say the vessel has fully sunk, and that available…

Drivers voice concern over Saudi plan to raise fuel prices

YemenExtra M.A. Drivers in Saudi Arabia have expressed concerns over the kingdom’s plan to increase local gasoline prices starting from Monday as the country struggles with a budget deficit. State news agency SPA reported that the…

World Bank no longer funding fossil fuel projects

YemenExtra The World Bank has announced that it will stop the financing of oil and gas exploration and production projects starting from 2019 in what could be a dramatic policy shift meant to boost the global economy’s shift to…

EXCLUSIVE: See how Daesh stored its stolen oil

YemenExtra Y.A Amid ongoing efforts to liberate the region from Daesh (ISIS), the Iraqi Army has discovered new details about how the terrorists operated, including their logistical infrastructure in stolen oil. An exclusive video…

Israel Loses 77% of its Rock-Bottom Pices’ Oil Needs

YemenExtra Y.A Israeli prime minister Benjamin Netanyahu is very angry at Baghdad’s decision to drive back pro-Barzani troops from significant cities and energy sites in Iraq. One week ago, Iraqi pro-government forces waged a…

Saudi-Led Coalition Prevents the Entry of the Disel

YemenExtra Y.A An official source in the port of Hodeidah said that the battleships of the Saudi-led coalition on Yemen prevented the entry of the tank dedicated to the operation of electricity in the province . The source added…