oil pipelines

Saudi pipeline hit by drones to be out of service for weeks

A crucial Saudi oil pipeline that was struck in an attack will be mostly out of service for weeks as the damage is repaired, two regional officials said, as Yemen’s Houthi rebels seized more islands along Red Sea shipping routes in a new blow to Saudi Arabia’s oil exports.

East-West oil pipeline attacked in Saudi Arabia

Saudi Arabia strongly condemns the attacks on the East-West oil pipeline near the cities of Medina and Riyadh, the kingdom’s Foreign Ministry said in a statement carried by the Saudi Press Agency (SPA).

Baku-Tbilisi-Ceyhan oil pipeline capacity to be raised to 1 mln bpd

Türkiye and Azerbaijan are discussing ways to make full use of existing energy infrastructure, including increasing the use of the Baku-Tbilisi-Ceyhan oil pipeline’s capacity to 1 million barrels per day, Türkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar said at the fifth Azerbaijan-Türkiye Energy Forum.

US backs Iraq-Syria oil pipeline

The United States is advancing talks for a pipeline that would carry oil from Iraq to Syria, a route that avoids the Strait of Hormuz and would reduce Iran’s future leverage over global energy supplies, Bloomberg reported.

Baku-Supsa pipeline to resume operations soon

Georgia intends to revive the Baku-Supsa oil pipeline in the near future - resuming the project will further strengthen the country’s position as an important partner for neighbouring states and Europe.

Global oil reserves drop by record 200 million barrels

Global oil reserves fell by 200 mln barrels in April due to lower supply amid the conflict in Iran, marking the largest decline since the COVID-19 pandemic, the Financial Times reported, citing data from S&P Global Energy.

Oil supplies from Russia to Hungary resumed

Oil supplies from Russia to Hungary, which were suspended after the Ukrainian army struck the Druzhba oil pipeline, have been resumed, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said.

Iranian oil spilled in Persian Gulf

The oil leak from an underwater pipeline occurred in Iran. The spill was recorded in the Genaveh region on the Persian Gulf.

Iranian oil spilled in Persian Gulf

EU bans Russian oil supply to Germany

The EU announced new anti-Russian sanctions against Russia. The next package includes a ban on the Russian pipeline oil supply to Germany and Poland, a ban on the supply of certain cars to the Russian Federation, a ban on the Russian oil tankers entering ports, as well as personal sanctions against more than 100 people.

EU bans Russian oil supply to Germany
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