• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 11 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Hydrogen balloon still deflating
  • 3 days Renewables are expensive
  • 8 days Bad news for e-cars keeps coming
  • 11 days More bad news for renewables and hydrogen
  • 13 hours EVs way more expensive to drive
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 5 days EV future has been postponed
  • 7 days The (Necessarily Incomplete, Inarguably Ridiculous) List of Things "Caused by Climate Change" - By James Corbett of The CorbettReport.com
  • 40 days Green Energy's dirty secrets

Breaking News:

Fire at Greek Refinery: Crude Unit Down

Why We Could See A Larger Short-Covering Rally in Oil

Why We Could See A Larger Short-Covering Rally in Oil

Standard Chartered: no supply glut…

Repairs Made to Yemen's Oil Pipeline Following Last Week’s Bombing

Anti-government protests back in 2011 created a power vacuum in Yemen which has enabled armed groups to take advantage of. Since then the impoverished nation’s oil and gas pipelines have been constantly attacked by Islamist militants and angry tribesmen, leading to fuel shortages around the country, and slashing earnings from oil and gas exports.

Attacks last year caused a long closure of the main Maarib oil pipeline, which transports 110,000 barrels of light crude each day to the Ras Isa export terminal in the Red Sea. This closure in turn required the country’s largest refinery at Aden to shut down, leaving Yemen dependent on fuel donations from Saudi Arabia to keep the economy running.

The latest attack on the Maarib pipeline occurred last Tuesday, and although the flow of crude through the pipe had to be halted, exports were not affected due to the oil held in storage to insure constant supply when such attacks take place.

Repairs started being made as soon as Thursday and Minister Hisham Sharaf told Reuters that “resumption of pumping oil is expected within days.”

He added that “security forces are chasing those involved in Tuesday night's bombing.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News