Oil Minister discusses with Chinese company resuming oil production

Parliament Speaker Discusses General Situation on the National Scene With Prime Minister

The Speaker of the House of Representatives, Sheikh Sultan al-Barakani discussed Wednesday with Prime Minister and Minister of Foreign Affairs Dr. Shaya Zindani the overall situation on the national scene, including political, economic, service-related and social issues.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/11 Time 01:08:00
Latest News:

Prime Minister Receives Spanish Secretary of State for Foreign, Global Affairs

Vice Minister of Foreign Affairs Discusses Strengthening Bilateral Relations with German Minister of ..

President al-Alimi: No Lasting Peace Without Disarming Militias

Yemen Reaffirms Commitment to Rights of Persons with Disabilities

PLC Member al-Khanbashi Reviews Industrial and Transport Development, Reaffirms Support for School Textbook ..

Oil Minister discusses with Chinese company resuming oil production

[15/05/2023 02:26]

DUBAI-SABA

Minister of Oil and Minerals Saeed Al-Shammasi discussed Monday here with Director of Chinse Sinopec Company in the Middle East for Exploration and Production Liu Bawking resumption of the company's investment activities in oil and gas sector in Yemen.

Minister al-Shammasi welcomed Sinopec, which is considered one of the leading companies in oil and gas sector and one of the greatest companies in Yemen through its investment as operator of Sector 71 in Hadhramout and al-Uqlah Shabwah.

He also called the company to invest in new sectors like S2 and be a partner in the country in this field.

He confirmed significance of the strategic partnership between Yemen and the company in oil and gas sector and improving these relations thorough enhancing cooperation and opening new horizons helping in creating specific breakthrough for realizing joint interests.

For his part, the Director of Sinopec Company pointed out that Yemen has promising wealth and the company is seeking to develop strong relations with the Ministry of Oil and Minerals to realize more investments.

He praised keenness of the ministry's leadership on resumption of the company's works and opening new investment activities.