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Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile...
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Gulf Economy Shock Spreads Across Middle East as Energy, Trade, and Investor Confidence Decline Amid Regional Conflict

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Iran Targets Gulf Energy and Utility Infrastructure, Raising Regional Oil and Economic Security Concerns

Iran widened its regional campaign by striking energy and industrial infrastructure across the Gulf, raising fresh concerns over oil security, utilities, and economic stability....
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Singapore Bunker Imports Decline as Kuwaiti Fuel Shipments Halt Amid Strait of Hormuz Tensions

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Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile...

More News

Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile...

Gulf Economy Shock Spreads Across Middle East as Energy, Trade, and Investor Confidence Decline Amid Regional Conflict

A Gulf economy shock continues to spread across the Middle East as regional conflict intensifies. This Gulf economy shock affects trade, energy flows, and...

Iran Targets Gulf Energy and Utility Infrastructure, Raising Regional Oil and Economic Security Concerns

Iran widened its regional campaign by striking energy and industrial infrastructure across the Gulf, raising fresh concerns over oil security, utilities, and economic stability....

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Energyhouse Reviews Offer for UAE Subsidiary Stake Amid Kuwait Energy Strategy Shift

Energyhouse, a leading Kuwaiti oil firm, received an offer to sell its UAE-based subsidiary. The subsidiary stake amounts to 92.5 percent of the UAE company. This...

Kuwait Extends Deadlines for $1.5 Billion Oil Project Tenders

Kuwait recently extended the Kuwait oil project tender deadlines for several major energy projects worth about $1.5 billion. This move gives contractors additional time to prepare...

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

Adnoc Drilling Oman Deal Secures 70% Stake in SLB Rigs

Adnoc Drilling has made a bold move in the regional oil sector. The company secured a 70% stake in SLB’s drilling operations in Oman....

Kuwait Oil Production to Reach 3 Million BPD by 2030

Kuwait oil plan is a massive oil investment to boost national output. The country aims to raise its oil production capacity above 3 million...

GCC Faces Economic Challenges Amid Oil Price Decline

Gulf Cooperation Council (GCC) companies are navigating a complex economic challenges landscape. The dual impact of declining oil prices and escalating trade tensions presents...

Kuwait Eyes Stake in US LNG Project for Energy Growth

Kuwait LNG strategy is exploring a key opportunity in the American energy sector. Its overseas energy arm is now in talks with Australia’s Woodside...

Kuwait Oil Sector Strength Grows with KNPC-KIPIC Merger

Kuwait has launched a major transformation to boost Kuwait oil sector strength by merging two major companies. The Kuwait National Petroleum Company (KNPC) and...

Kuwait Merger Strengthens Oil Sector Development

Kuwait continues to reshape its energy industry through bold moves and strategic planning. In a major step forward for Kuwait's oil sector development, the...

Kuwait Boosts Oil Future with Burgan Field Upgrade

Kuwait plans to boost production at the Burgan oilfield to support Kuwait's oil production growth. The country aims to reverse the decline in one of...

Kuwait Oil Prices Drop as Global Crude Prices Slide

Kuwait oil prices drop again, showing how global trends affect local markets. Kuwait's oil price fell by USD 1.06. The price dropped from USD...

Kuwait Aims to Boost Oil Production and Develop Durra Gas Field

Kuwait has unveiled a strategic initiative to enhance its oil production capacity and develop the Durra gas field, despite ongoing territorial disputes with Iran....
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