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Yemen is an oil producer and has significant untapped offshore oil and gas deposits. Unlike many regional oil producers, Yemen relies heavily on foreign oil companies that have production-sharing agreements with the government. Income from oil production constitutes 70 to 75 percent of government revenue and about 90 percent of exports.
Location Location Topography Oil drilling in Yemen. Energy in Yemen describes energy and electricity production, consumption and import in Yemen. Yemen is net energy exporter. Primary energy use in Yemen was 87 TWh and 4 TWh/million people in 2008 and 88 TWh (4 TWh/M) in 2009. [1]
Location of Yemen. Yemen is an Arab country in Western Asia at the southern end of the Arabian Peninsula. As of 2013, the country had a GDP (ppp) of US$61.63 billion, with an income per capita of $2,500. Services are the largest economic sector (61.4% of GDP), followed by the industrial sector (30.9%), and agriculture (7.7%).
T he U.S. and its allies launched airstrikes on more than a dozen Houthi targets in Yemen, in retaliation for a spate of attacks on merchant vessels in the Red Sea.
While the U.S. is not directly engaged in the war in Yemen, American actions make us deeply complicit in the torment experienced by the Yemeni people. | Op-ed by UPS professor Lisa L. Ferrari
Iran-backed Houthi militants on Saturday hit a Panamanian-flagged oil tanker off Yemen's Red Sea coast with an anti-ship missile but the crew was able to restore power and maintain course, the U.S ...
The mining industry of Yemen is at present dominated by fossil mineral of petroleum and liquefied natural gas (LNG), and to a limited extent by extraction of dimension stone, gypsum, and refined petroleum. Reserves of metals like cobalt, copper, gold, iron ore, nickel, niobium, platinum-group metals, silver, tantalum, and zinc are awaiting ...
Yemen’s Houthi rebels hit an oil tanker in the Red Sea with a ballistic missile early Saturday, damaging the Panama-flagged, Greek-owned vessel in their latest assault over the Israel-Hamas war ...