Oil Company's directors discuss challenges facing branches

President al-Alimi Hails Creating Multinational Naval Alliance, Highlights Saudi Support for Yemeni State Institutions, Regional Security, Stability

His Excellency Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council (PLC) underlined the announcement of the establishment of the Multinational Naval Defense Alliance led by Saudi Arabia, describing this move as a strategic initiative and a very important step to boost collective security, protect international navigation and secure vital sea routes in the Red Sea, the Gulf of Aden, and the Bab al-Mandab Strait.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/08/01 Time 11:35:45
Latest News:

Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas

President al-Alim Receives Credentials of Several New Ambassadors

Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador

Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen

Health Ministry, UNFPA Review Reproductive Health Support

Oil Company's directors discuss challenges facing branches

[01/08/2018 03:31]

ADEN-SABA
The Directors of the Yemeni Oil Company kicked off their annual meeting on Wednesday under the sponsorship of Minister of Oil and Minerals Aws al-Awd.

The meeting, which lasts for two days discusses accomplishments of the company in the past and reports on the company's branches, as well as challenges facing the branches in provinces of Aden, Hadhramout, Mareb, Shabwa, Mahra and Taiz.

The meeting aims at identifying the most problems and difficulties facing the company and ways of finding out possible solutions for promoting performance of the company and providing good service to the people through ensuring influx of oil derivatives to the markets and easing people access to them, said Executive Director of the Company Najeeb al-Awj.

He pointed out that the meeting will discuss accomplished and to be accomplished investment projects, including rehabilitating the company's tanks, working on providing oil derivatives in local markets and the stability of the company's situations.

He confirmed the company will carry out a number of investment and development projects next year.