Yemen suffered a drop of around $1 billion, or 37 percent, in revenue from oil exports last year due to nosediving crude prices and the sabotage of pipelines, the central bank said Saturday.
Aix-en-Provence, France: A French court Thursday ordered Yemenia airline to pay more than 30 million euros ($34 million) in damages to the families of victims of a deadly 2009 crash off the Comoros
Yemen is on the brink of a real economic disaster after the Shiite Houthi group tightened its grip on power and the government was paralysed by years of political struggle since the 2011 upheaval,
Calgary-based oil producer Calvalley Petroleum Inc. isn’t taking any chances when it comes to protecting its people and production in Yemen.
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.
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
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.
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 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
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