The Yemeni Ministry of Oil and Minerals, part of the internationally recognized government, has firmly denied rumors regarding the privatization of certain sectors within PetroMasila, the country’s oil exploration and production company. This clarification was issued on Wednesday, December 2...
On Sunday, November 24, 2024, PetroMasila announced the successful preliminary operation of its heavy fuel oil refining unit, producing high-quality trial quantities after a two-year hiatus. In a statement reported by the official Saba News Agency, PetroMasila’s CEO, Mohammed bin Sa...
Shabwa, Yemen – The internationally recognized Yemeni government has reinstated the American company Jannah Hunt to operate the fifth oil sector in the Osaylan district of Shabwa province, replacing the national firm Petromasila, which resigned earlier this month. According to a docu...