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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....
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Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

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Qatar LNG Shipment Crosses Strait Of Hormuz As Regional Tensions Ease

A Qatar LNG shipment successfully sailed through the Strait of Hormuz aboard the LNG carrier Disha. The voyage signals a possible improvement in regional maritime activity after...
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AI And Global Shipping Help Avoid Major Hormuz Supply Crisis

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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

Baghdad, Iraq: Iraq’s financial revenues exceeded $23.6 billion during the first four months of 2026, according to the Ministry of Finance. The figures highlight...

Qatar LNG Shipment Crosses Strait Of Hormuz As Regional Tensions Ease

A Qatar LNG shipment successfully sailed through the Strait of Hormuz aboard the LNG carrier Disha. The voyage signals a possible improvement in regional maritime activity after...

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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

Baghdad, Iraq: Iraq’s financial revenues exceeded $23.6 billion during the first four months of 2026, according to the Ministry of Finance. The figures highlight...

Qatar LNG Shipment Crosses Strait Of Hormuz As Regional Tensions Ease

A Qatar LNG shipment successfully sailed through the Strait of Hormuz aboard the LNG carrier Disha. The voyage signals a possible improvement in regional maritime activity after...

AI And Global Shipping Help Avoid Major Hormuz Supply Crisis

The closure of the Strait of Hormuz created fears of a severe global energy and trade crisis. However, despite widespread concerns, global supply chains...

Saudi Arabia And South Korea Strengthen Energy Partnership Through New Oil And Gas Agreement

Saudi Arabia and South Korea have taken a significant step toward expanding their energy cooperation by signing a new memorandum of understanding focused on...

Saudi Arabia Strengthens Alternative Trade Routes as Strait of Hormuz Closure Disrupts Shipping

The closure of the Strait of Hormuz continues to create major challenges for regional trade, energy exports, and global supply chains. As Gulf countries...

Saipem Secures $1 Billion Contract for Saudi Arabia’s Uthmaniyah Gas Project

Italian oilfield services company Saipem has secured a contract worth approximately $1.04 billion to develop the Uthmaniyah Gas Compression Plant in Saudi Arabia. The agreement...

Iraq Targets One Million Barrels Per Day Through Turkey and Syria Export Routes

Iraq has activated strategic plans to increase crude oil exports through alternative routes in Turkey and Syria, aiming to reach one million barrels per...

Kuwait Oil Prices Fall Alongside Global Benchmarks as Traders Monitor Supply and Demand Trends

Kuwaiti oil prices recorded a sharp decline in the latest trading session, reflecting broader weakness across global energy markets as crude benchmarks moved lower. According...

Oman Accelerates Duqm Development Through Massive Investments in Energy Storage Petrochemicals and Green Hydrogen Projects

Oman is accelerating efforts to transform Duqm into a leading global energy and industrial hub through massive investments in oil storage, petrochemicals, and green...

OPEC+ Approves Fourth Consecutive Oil Output Increase as Iraq Receives Higher Production Quota for July

OPEC+ approved a fourth consecutive increase in oil production targets on Sunday, continuing efforts to gradually restore output despite ongoing disruptions linked to the...

India and Oman Deepen Economic Cooperation Through New Trade and Logistics Partnership

India is strengthening its economic and energy security through a new trade agreement with Oman. The deal took effect on June 1 and offers...
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