Saudi Arabia’s Yanbu oil refinery, one off the major oil plants in the Gulf owned by Aramco SAMREF has been hit by Iran in retaliatory strikes over response to Israel-US targeting Tehran’s oil facilities. The situation in the Gulf and Middle East saw ...

The Samref refinery in Saudi Arabia's Red Sea coastal city of Yanbu was the target of an aerial attack early on Thursday, with minimal impact on operations, an industry source told Reuters, as Iran is following through on its threats to target energy ...

The Houthi blockade of Bab el-Mandeb threatens crude oil supply, increases prices, and raises freight costs for Asian refiners.

A refinery operated by oil giant Saudi Aramco at the Red Sea port of Yanbu was targeted in an aerial attack on Thursday, according to news agency Reuters. The facility, known as SAMREF, is a joint venture between Saudi Aramco and Exxon Mobil. The report ...

Aramco, ExxonMobil, and Samref have signed a Framework Agreement to evaluate major development works for the Samref refinery in Yanbu and expand it into an integrated petrochemicals complex. The companies will explore capital investments to upgrade and diversify production,

Shipments from Yanbu reached 4.7 million barrels per day (bpd) around July 13, up from 3.36 million bpd around July 10 and broadly in line with 4.6 million bpd around July 2.

Saudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's Houthi militia. The kingdom is also considering pipeline expansion to bypass the Strait of Hormuz.

Houthis go to work with 2 key straits now blocked. Global refining is down, and product prices set to move higher. Looking at prices at the pumps in EU & US.

Oil prices climbed more ​than 4% to their highest in more than a month on Friday after the U.S. and ‌Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on top of the restricted traffic through the Strait of Hormuz.