Yousef Saba
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Articles by Yousef Saba
Why a proposed US-Saudi nuclear pact is causing alarm
Why a proposed US-Saudi nuclear pact is causing alarm US reaches nuclear agreement with Saudi Arabia for uranium enrichment The U.S. and Saudi Arabia reached an agreement on civil nuclear power that allows the kingdom to build nuclear reactors and to enrich uranium.
Why a proposed US-Saudi nuclear pact is causing alarm
July 22, 2026, 12:36 p.m. ET DUBAI – The Trump administration backs a nuclear energy pact with Riyadh allowing Saudi Arabia to enrich uranium and process spent atomic fuel, two sources have said, a move that may worry regional states concerned about weapons proliferation. Here are some of the main issues at play. What has happened so far?
Saudi Bahri says VLCC Wedyan involved in Strait of Hormuz incident, vessel and crew safe
MARITIME Reuters Bahri added that all crew members are safe and no injuries have been reported July 8, 2026 PHOTO Saudi shipping company Bahri said on Wednesday its VLCC Wedyan was involved on Tuesday in an incident while passing through the Strait of Hormuz, but the vessel remains seaworthy and its cargo is secure. Bahri added that all crew members are safe and no injuries have been reported. (Reporting by Yousef Saba; Writing by Tala Ramadan; Editing by Sharon Singleton)
Saudi Arabia considers expansion of oil pipeline to Red Sea, sources say Original
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024.
Kuwait's KPC asks some oil pipeline bidders to form consortiums, say sources Original
3D-printed oil pump jacks and the Kuwait Petroleum Corporation (KPC) logo appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab DUBAI, July 2 (Reuters) - Kuwait Petroleum Corporation (KPC) is asking some global funds bidding for a $7 billion stake in its oil pipeline network to recruit other investors to help consolidate the string of firms that lodged bids, three sources familiar with the matter told Reuters.
UAE exports record oil volumes after OPEC exit, ship-tracking data shows
An oil tanker docked at the Port of Fujairah in Fujairah, United Arab Emirates, May 6, 2026.
サウジアラムコが硫黄事業売却検討、インフラ資産活用の資金調達で＝関係筋
サウジアラムコのロゴ。米ヒューストンで3月撮影。REUTERS/Danielle Villasana [ドバイ １７日 ロイター] - サウジアラビアの国有石油会社サウジアラムコ(2222.SE), opens new tabが、硫黄事業の売却を検討していることが分かった。事情に詳しい３人の情報筋がロイターに語った。 インフラ資産を活用し、数百億ドルの資金を調達する戦略の一環となる。サウジの野心的な経済多角化計画に資金を供給するため、サウジアラムコは外部資本の調達を模索してきた。 情報筋の１人とロイターの試算によると、資金調達に活用される可能性のあるサウジアラムコのインフラ資産は総額約５００億ドルに達する可能性がある。 複数の情報筋の話では、サウジアラムコは社内で「プロジェクト・イエローストーン」と呼ばれた硫黄事業の売却を巡って銀行各行からの提案を募った。情報筋の１人は、売却で最大７０億ドルを調達できる可能性があるとみている。 サウジアラムコはコメントを差し控えた。...
Exclusive: Aramco, seeking tens of billions of dollars, lines up more asset sales, sources say Original
Saudi Arabian oil company Aramco's logo during the CERAWeek energy conference 2026 in Houston, Texas, U.S., March 24, 2026.
Saudi PIF assets reach $910bln in 2025
Saudi Arabia's Public Investment Fund had preliminary assets under management of $910 billion at the end of 2025, below its $1.09 trillion target, according to the annual Vision 2030 report. The report also showed real non-oil GDP reached $892 billion, missing the $904 billion target, and foreign direct investment represented 2.8% of GDP, compared with a 3.4% goal.
アングル：戦争の影響に負けないサウジ経済、湾岸の資本流入
5月19日、リヤドのレストランで深夜に食事をとる人々。REUTERS/Hamad I Mohammed [リヤド ３日 ロイター] - フードテック起業家のサラ・アミニ氏は、イランとの戦争が続く中でもペルシャ湾岸諸国の企業がどの分野で支出を続けているかを確認するため、サウジアラビアの首都リヤドへと飛んだ。 そのサウジアではレストランは満席で、企業は依然として事業拡大を話題にしていた。これはイランの攻撃圏内にあり、接客や飲食セクターが打撃を受けている他の湾岸諸国の経済状況とは対照的だ。 アラブ首長国連邦（ＵＡＥ）ドバイ首長国を拠点に、食品流通企業の業務デジタル化とコスト削減を支援する人工知能（ＡＩ）プラットフォームを運営するアミニ氏は「サウジに来るとまるで普段と変わらないように感じる」と語った。 サウジ経済全体が必ずしも通常通りというわけではない。国際通貨基金（ＩＭＦ）は３日同国の予想成長率について、４月時点の３．１％から約２％と大きく下方修正した。...
Resilient Saudi economy proves a draw for wartime Gulf business
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Resilient Saudi economy proves a draw for wartime Gulf business Original
The King Abdullah Financial District (KAFD) during late noon hours in Riyadh, Saudi Arabia, August 29, 2025.
IAEA says it is offering technical support to UAE after attack on nuclear plant
ABU DHABI: The International Atomic Energy Agency is offering the United Arab Emirates technical as well as moral support, IAEA chief Rafael Grossi said on Tuesday after a visit to the site of a nuclear power plant that came under a drone attack last month. Grossi said Emirati authorities had reacted very quickly to the attack at the Barakah Nuclear Power Plant by shutting down a reactor because of the loss of external power.
New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says
A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state oil giant ADNOC, Sultan Al Jaber, said on Wednesday. Iran has largely kept the waterway critical for global oil and gas supplies shut to all ships apart from its own since the U.S.-Israeli strikes in February, sending energy prices and inflation surging, fanning fears of an economic downturn.
Aramco to transfer PrefChem stakes to Malaysia’s Petronas
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Aramco to transfer PRefChem stakes to Malaysia’s Petronas Original
Item 1 of 2 The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.
No full Hormuz flows until first half of 2027, UAE's oil giant says
Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said. The outlook is among the most pessimistic by top industry executives and underscores the prolonged economic impact of the Iran war which has triggered what the International Energy Agency has called the largest ever energy crisis because of the near-closure of the strait.
QatarEnergy, ExxonMobil sign deal with Egypt to study Cyprus gas development
QatarEnergy said on Thursday it had signed a preliminary deal with ExxonMobil and Egypt's government to study the development and commercialisation of gas discoveries in Cyprus using Egypt's existing gas and LNG infrastructure.
New UAE Oil Pipeline Bypassing Hormuz 50% Complete Ahead of 2027 Start
YS By Yousef Saba and Ahmad Ghaddar, Reuters May 20, 2026 01:52 PM CDT Oil flows may take 4 months to return to 80% of pre-war levels. Full flows may not return before first half of 2027. The United Arab Emirates’ (UAE) new crude pipeline bypassing the Strait of Hormuz is about 50% complete, the head of ADNOC said on May 20, adding that global oil flows may take at least four months to recover to 80% of pre-conflict levels after the Iran war ends.
New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says
New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says World Maritime New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says By Yousef Saba and Ahmad Ghaddar DUBAI, May 20 (Reuters) – A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state oil giant ADNOC, Sultan Al Jaber, said on Wednesday.
New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 start
DUBAI — The UAE's new crude pipeline bypassing the Strait of Hormuz is about 50% complete, the head of ADNOC said on Wednesday, adding that global oil flows may take at least four months to recover to 80% of pre-conflict levels after the Iran war ends. Tehran has largely kept the waterway critical for global oil and gas supplies shut to all ships other than its own since US-Israeli strikes on February 28, sending energy prices and inflation surging and fanning fears of an economic downturn.
New UAE pipeline bypassing Hormuz now 50% complete, ADNOC CEO says
An Emirati man is seen near the logo of ADNOC in Ruwais, United Arab Emirates May 14, 2018. Picture taken May 14, 2018.REUTERS/Christopher Pike Purchase Licensing Rights, opens new tab DUBAI, May 20 (Reuters) - A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state oil giant ADNOC, Sultan Al Jaber, said on Wednesday.
QatarEnergy buys stakes in Uruguay offshore blocks from Shell subsidiary
DUBAI - QatarEnergy has acquired interests in three offshore exploration blocks in Uruguay from a subsidiary of Shell, marking its first entry into the South American country's upstream energy sector, the state-owned company said on Wednesday without disclosing financial details. The Qatari energy giant's South American exploration expansion also strengthens its strategic alliance with Shell, one of its key partners in energy projects within Qatar and elsewhere.
ＵＡＥ、石油パイプライン増強で輸出倍増へ ホルムズ迂回路を確保
石油ポンプジャッキとアブダビ国営石油会社（ＡＤＮＯＣ）のイメージ図。３月撮影。REUTERS/Dado Ruvic ［１５日 ロイター］ - アラブ首長国連邦（ＵＡＥ）は１５日、東部フジャイラ経由による石油輸出能力を倍増させるため、新規石油パイプラインの建設を加速する方針を明らかにした。封鎖状態となっているホルムズ海峡を迂回（うかい）する輸送路を確保し、輸出能力を高めるのが狙い。 アブダビ政府広報局（ＡＤＭＯ）によると、アブダビ首長国のハリド皇太子は、アブダビ国営石油会社（ＡＤＮＯＣ）にパイプライン事業の早期推進を指示した。パイプラインは建設中で、２０２７年に稼働開始見通しという。 ＵＡＥの既存のアブダビ原油パイプライン（ＡＤＣＯＰ、別名ハブシャン・フジャイラ・パイプライン）は、最大で日量１８０万バレルの輸送能力を有し、オマーン湾沿岸からの輸出に利用されている。ＵＡＥは今月１日、石油輸出国機構（ＯＰＥＣ）から脱退し、石油生産に関する制限がなくなった。...
Yousef Saba
© 2026 The Times of Israel , All Rights Reserved
Emiratos Árabes Unidos acelerará el proyecto del oleoducto para ayudar a eludir el estrecho de Ormuz
15 mayo (Reuters) - Emiratos Árabes Unidos acelerará la construcción de un nuevo oleoducto para duplicar su capacidad de exportación a través de Fuyaira para 2027, según informó el viernes la Oficina de Prensa del Gobierno de Abu Dabi, lo que ampliará considerablemente su capacidad para eludir el estrecho de Ormuz.
UAE to accelerate oil pipeline project to help bypass Hormuz Original
A logo of ADNOC is displayed at the Make it in the Emirates (MIITE) conference, in Abu Dhabi, United Arab Emirates, May 4, 2026.
UAE to accelerate oil pipeline project to help bypass Hormuz amid Iran war fallout - Yousef saba
Reuters — The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity through Fujairah by 2027, the government’s Abu Dhabi Media Office said on Friday, vastly expanding its ability to bypass the Strait of Hormuz.
UAE-owned tanker leaks some fuel off Oman following Iranian strike
A unit of state-owned Abu Dhabi National Oil Company said on Wednesday that one of its tankers struck by Iranian drones last week has leaked a small amount of fuel off the coast of Oman, underscoring the ecological risks stemming from the Iran war. Tehran's effective closure of the Strait of Hormuz has made navigating the vital shipping corridor a precarious task. Hundreds of vessels remain trapped in the Gulf.
ADNOC Drilling ready to expand UAE oil capacity past 5 million bpd target if asked Original
People walk past a logo of Abu Dhabi National Oil Company (ADNOC) at a conference in Abu Dhabi, United Arab Emirates, November 3, 2025.
Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says Original
President and CEO of Saudi's Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 29, 2024.
Bloqueo en Ormuz podría retrasar recuperación del mercado petrolero hasta 2027: CEO Aramco
Por Yousef Saba DUBÁI, 11 mayo (Reuters) - El presidente ejecutivo del gigante petrolero Saudi Aramco, Amin Nasser, advirtió el lunes que la actual crisis del suministro energético es la mayor que ha vivido el mundo hasta la fecha y que la interrupción continuada del paso por el estrecho de Ormuz podría retrasar la normalización del mercado petrolero hasta 2027.
Aramco CEO warns 1bln barrels lost will slow oil market recovery
DUBAI: The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco’s CEO said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. "Our objective is simple: keep energy flowing, even when the system is under strain," Amin Nasser told Reuters in a statement after Aramco reported a 25% jump in net profit in its first-quarter.
サウジアラムコ1─3月利益が予想超え、東部向け輸送管は容量上限に
サウジアラムコのロゴと石油ポンプ。3月2日撮影のイメージ写真。REUTERS/Dado Ruvic/Illustration [ドバイ １０日 ロイター] - サウジアラビア国営石油会社サウジアラムコ(2222.SE), opens new tabが１０日発表した２０２６年第１・四半期決算は、純利益が前年同期比２５％増の３２５億ドルで、ＬＳＥＧがまとめた市場コンセンサスの３０９億５０００万ドルを上回った。 売上高は約７％増の１１５４億９０００万ドル。販売した原油、精製品および石油化学製品の数量と価格の双方が上向いたことが追い風になった。 イランが米国とイスラエルに攻撃を受けて以来、海上交通の要衝ホルムズ海峡を事実上封鎖した影響で、アラムコは紅海に面する東部のヤンブー港からの輸出を増やしている。 このためアラムコは西部の油田地帯と東部を結ぶパイプラインの輸送量が容量いっぱいの日量７００万ドルに達したと明らかにした。 アミン・ナセル最高経営責任者（ＣＥＯ）は、同パイプラインが世界的なエネルギーショックを和らげる上で重要な役割を果たしていると強調した。...
世界エネ市場、2カ月で10億バレル喪失 回復に時間＝アラムコＣＥＯ
[ドバイ １０日 ロイター] - ホルムズ海峡の海上輸送が混乱する中、サウジアラビア国有石油会社サウジアラムコのアミン・ナセル最高経営責任者（ＣＥＯ）は１０日、過去２カ月間で世界は約１０億バレルの石油を失っており、供給が再開されたとしてもエネルギー市場の安定には時間がかかるという見解を示した。 ナセル氏はロイターへの声明で、「われわれの目標は単純だ。システムに負荷がかかっている状況下でも、エネルギーの供給を維持することだ」と語った。 イランによるホルムズ海峡の封鎖により、世界のエネルギー供給は大幅に逼迫し、価格が押し上げられている。 ナセル氏は「輸送ルートの再開は、約１０億バレルの石油を奪われた市場の正常化とは別問題だ」と指摘。すでに低水準にある世界の在庫が、長年の投資不足で一段と圧迫されていると述べた。 アラムコは東西パイプラインを活用してホルムズ海峡を迂回し、原油を紅海へ輸送している。このパイプラインは、世界的な供給危機を緩和する「極めて重要な生命線」だとナセル氏は語った。...
CEO da Aramco adverte que perda de 1 bilhão de barris atrasará recuperação do mercado de petróleo
O mundo perdeu cerca de 1 bilhão de barris de petróleo nos últimos dois meses e os mercados de energia levarão algum tempo para se estabilizar, mesmo que os fluxos sejam retomados, disse o presidente-executivo da Saudi Aramco neste domingo, enquanto as interrupções no transporte marítimo sufocam o tráfego pelo Estreito de Ormuz.
Microsoft se soucie de votre vie privée Aramco-bond de 25 % du bénéfice au T1 malgré les tensions dans le détroit d'Ormuz
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Aramco-Bond de 25% du bénéfice au T1 malgré les tensions dans le détroit d'Ormuz
par Yousef Saba DUBAÏ, 10 mai (Reuters) - Saudi Aramco a fait état dimanche d'une hausse de 25% de son bénéfice au titre du premier trimestre, malgré les tensions entre les États-Unis et l'Iran qui entravent le trafic maritime dans le détroit d'Ormuz, alors que l'oléoduc est-ouest du géant pétrolier public fonctionne à pleine capacité pour atténuer l'impact sur l'approvisionnement.
Aramco CEO warns 1 billion barrels lost will slow oil market recovery Original
Aramco's President and CEO Amin Nasser attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026.
Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity
By Yousef Saba DUBAI, May 10 (Reuters) – Saudi Aramco reported a 25% jump in first-quarter profit on Sunday, showing its resilience as U.S.-Iran war tensions curtail Strait of Hormuz shipping, with the state oil giant’s East-West crude pipeline running at full capacity to mitigate the impact to supplies. The world’s top oil exporter earned a net profit of $32.5 billion in the three months ended March 31, beating an LSEG consensus estimate of $30.95 billion.
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