Oil & Gas

Oil & Gas

Aramco site targeted in Saudi drone attacks

14/05/2019

Saudi Arabia has said oil infrastructure sites belonging to the country's state-run oil company Aramco have been targeted and that at least one of the attacks was carried out by drone strikes.

Middle East

Saudi Arabia says two oil tankers sabotaged

13/05/2019

Saudi Arabia has said two of its oil tankers were sabotaged off the coast of the United Arab Emirates in attacks that caused "significant damage" to the vessels, one of them as it was en route to pick up Saudi oil to take to the US.

Oil & Gas

Weatherford to file for Chapter 11 bankruptcy

13/05/2019

Oilfield services company Weatherford International has entered into an agreement with its top creditors that will allow the company to file for a "prepackaged" Chapter 11 bankruptcy — after more than four years without making a profit.

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