(NaturalNews) The chief executives of ExxonMobil, TotalEnergies, Shell, Chevron and British Petroleum (BP) were dropped from the schedule of the World Petroleum Cou...Read More
The chief executives of ExxonMobil, TotalEnergies, Shell, Chevron and British Petroleum (BP) were dropped from the schedule of the World Petroleum Council (WPC) Energy Congress in Riyadh on Monday, Oct. 12 – as Saudi authorities proceeded with the event despite deadly attacks on the capital claimed by Yemen's Houthi movement, according to the revised conference agenda [1][2].
The gathering is taking place at a convention center located about 10 kilometers (6.2 miles) from King Khalid International Airport, which was struck over the weekend, according to Saudi officials [3]. At least 12 people were killed and 309 others were injured in the attack on the airport, according to Middle East Eye (MEE) [4]. Aviation authorities extended the airport's closure on Monday, an unprecedented move following two weekend ballistic missile attacks, according to ZeroHedge [5].
BP Cites Travel Disruption; Other Firms SilentA BP spokesperson said the company was unable to attend in person. The chief executives of ExxonMobil, TotalEnergies, Shell, Chevron and BP were no longer on the agenda released by conference organizers, according to Reuters [1]. BP CEO Meg O'Neill had appeared on previous agendas for the conference, according to a report by BOE Report [3].
The event began on Sunday, Oct. 11 and is meant to run until Thursday, Oct. 15 – according to the published schedule [2]. The war began on Feb. 28, 2026, when U.S. President Donald Trump, in concert with Israel, launched Operation "Epic Fury," a massive air campaign against Iran aimed at regime change and the destruction of its nuclear program, according to a report by the Health Ranger Mike Adams [6].
Saudi Minister Defends Gathering as Aramco Warns on Oil SupplySaudi Energy Minister Abdulaziz bin Salman addressed attendees at the congress, thanking those who had traveled to Riyadh. "You know this country is safe and that we hold your protection at whole heart," he added. The Houthi attacks over the weekend marked a sharp escalation in the Yemen war, MEE reported [7].
Aramco CEO Amin Nasser told the conference that global oil supplies remain under severe strain. Nasser said it could take up to two years to replenish inventories while meeting demand, according to the Epoch Times [8].
Separately, Nasser said the conflict reduced oil supply from the region by "nearly 3 [billion] barrels", with over 1 billion barrels of oil released from reserves to cushion the depletion. He estimated that "less than 6bn barrels of commercial inventories remain today, with the vast majority not practically available", according to MEE [9].
Oil Prices Rise as Saudi Economy Faces PressureThe halt to operations at King Khalid International Airport was extended on Monday, and Abha International Airport has also been under fire, according to ZeroHedge [5]. Brent crude rose 1.25% to $106 per barrel, while West Texas Intermediate crude traded at $92 per barrel. The commodity moves followed a weekend of contradictory geopolitical headlines, ZeroHedge separately reported [10].
The pressure on Saudi infrastructure builds on earlier disruptions to the kingdom's energy network. The East-West pipeline, a 745-mile conduit between Saudi Arabia's main oil fields in the east and the Yanbu terminal on the Red Sea, was attacked again in early October, with a pumping station east of Riyadh in Khurais sustaining "big damage" before flows resumed, according to a source cited by Agence France-Presse [11].
Yemen Conflict Escalates as Sanaa Warns of RetaliationSaudi Arabia has sought to shore up its air defenses amid the strain. The kingdom is running low on missile interceptors and has appealed to France, Britain, Pakistan and Egypt for military assistance [12].Trump said Saturday, Oct. 10, that the United States might join Saudi attacks against the Houthis following the airport strike. [13]
"We just found out about the recent attack," Trump told reporters at the White House. "So we'll make a decision. We move very quickly." [13]
References
| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | Pioggia di missili sull’Arabia Saudita: impianti in fiamme, 73 feriti e il petrolio vola verso i 100 dollari | 0 | 21.53 | 08-09-2026 |
| 2 | Взрывы прозвучали у штаб-квартиры Saudi Aramco на востоке Саудовской Аравии | 0 | 9.78 | 13-10-2026 |
| 3 | Oil tops $100 for first time since May after Houthi tanker strikes, Trump threats | 0 | 16.12 | 23-07-2026 |
| 4 | Saudi crude exports fall for third straight month to a record low, data shows | 0 | 7 | 21-07-2026 |
| 5 | Houthis claim strikes on Saudi oil tankers in Red Sea (VIDEO) | 0 | 8.18 | 23-07-2026 |
| 6 | Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping | 0 | 6.69 | 13-09-2026 |
| 7 | Drone strike damages Saudi Arabia’s largest oil hub – reports | 0 | 10.35 | 29-07-2026 |
| 8 | Oil hits over 1-week low on hopes of boost to diplomacy in Iran war | 0 | 10.55 | 21-09-2026 |
| 9 | Нефтяной тупик: Саудовская Аравия теряет все маршруты для экспорта | 0 | 8.92 | 03-08-2026 |