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Yemen’s Houthis fire missiles, drones at Saudi oil facilities

Saudi state media earlier said the Saudi-led military coalition battling the Houthis had intercepted 12 armed drones aimed at “civilian targets” without specifying a location. Yemen’s Houthi forces fired drones and missiles at the heart of Saudi Arabia’s oil industry on Sunday, attacking a Saudi Aramco facility at Ras Tanura …

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Are Gulf oil giants ready to go green?

As European and American oil companies face increased pressure and scrutiny on new climate restrictions, the Gulf has so far been avoided the heat. ExxonMobil appointed a climate-minded activist investor to its board of directors after investment firm Engine No. 1 called on the American oil and gas giant to …

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