India and Saudi Arabia have agreed to collaborate in 41 areas under four broad domains of agricultureamp;food security, energy, technologyamp;IT; and industry and inf
India to collaborate in 41 business areas with Saudi Arabia webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Top crude exporter Saudi Arabia on Monday said that Yemeni rebel attacks on the kingdom’s oil facilities pose a “direct threat” to global supplies.
Saudi Arabia “will not incur any responsibility” for shortages in oil supplies in light of the Iran-backed Houthi attacks, the Saudi Arabian Ministry of Foreign Affairs said.
These cross-border assaults are a “direct threat to the security of oil supplies in these extremely sensitive circumstances witnessed by the global energy markets,” it added.
The statement came a day after the kingdom acknowledged a temporary drop in production after Houthis attacked a refinery with an armed drone.
The EU on Monday
Samsung Engineering has announced that it has won a $1.23 billion contract from Saudi oil giant Aramco for its Jafurah Gas Process Package 1 Project. The scope of work includes building a gas treatment facility along with acid gas and NGL removal units.