Economy

WFP to continue to support Yemen addressing food shortage

Thu, 01/22/2015 - 20:17

The World Food Programme (WFP) is committed to assist Yemen's efforts aiming to address the food shortage problem, the WFP Regional Director said Thursday.

Output stopped at Yemen's Masila oilfields in Hadramout

Mon, 01/19/2015 - 21:17

Oil companies in Yemen's Hadramout and Shabwa provinces, including the main gas export facility at Belhaf, have suspended operations amid protests over the seizure of a presidential aide by Shi'ite

Yemen eastern province to halt oil flow unless president’s chief staff freed

Sun, 01/18/2015 - 19:49

The governor of Yemen's Shabwa province warned Sunday that oil companies will turn off their taps at midnight unless Shiite militiamen in control of the capital free a presidency official.

OMV Aims to Boost Yemen Output to 30,000 BPD if Conditions Allow

Wed, 01/14/2015 - 01:13

Austrian energy group OMV wants to boost its oil output from Yemen by half if conditions allow, a senior executive told Reuters on Tuesday.

Yemen's Aden refinery seeks 900,000 t gasoil, gasoline

Thu, 01/08/2015 - 22:27

 Yemen's Aden Refinery Company is seeking 900,000 tonnes of gasoil and gasoline for delivery in February to April, continuing its purchases since Saudi Arabia suspended most of its financial aid to

Yemen to upgrade, modernise Internet service

Tue, 01/06/2015 - 00:30

Work is under way at the Yemeni Ministry of Telecommunications and Information Technology to modernise and upgrade Internet service by increasing the country's international bandwidth, modernising

Yemen’s oil and gas in danger: Ma’rib governor

Tue, 01/06/2015 - 00:09

Oil and gas reserves and facilities in Yemen’s main oil and gas hub are “in danger,” according to the governor of the Ma’rib province, as the Houthi movement continues its attempts to advance on th

Yemen needs 12 years to spend donors' pledges

Wed, 12/24/2014 - 01:34

Yemen will need 12 years and 10 months to be able to spend the rest of pledges made in Riyadh and New York Donors' Conferences, said the Executive Bureau to Accelerate Absorption of Donors' Pledges

Cnooc Unit Suspends Oil Production in Yemen Citing Security Threat

Tue, 12/23/2014 - 05:55

CALGARY—The Canadian unit of China National Offshore Oil Corp., or Cnooc, said Sunday it has halted oil production in Yemen due to an unspecified “security threat” to its personnel in the Arabian c

Yemen's Qaeda names French energy giant Total as 'target'

Tue, 12/23/2014 - 04:15

Al-Qaeda militants have declared that buildings belonging to French energy producer Total in Yemen are "legitimate targets" for their operations.

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