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Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...

Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

Strait closure risk dominates global energy discussions as tensions rise in the Gulf. Consequently, oil flows and trade routes face growing uncertainty. Meanwhile, governments...

Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...

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Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...

Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

War risk shock is rippling through global energy markets as insurers retreat from Gulf waters. Shipowners now face soaring costs and rising uncertainty. War...

Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

Strait closure risk dominates global energy discussions as tensions rise in the Gulf. Consequently, oil flows and trade routes face growing uncertainty. Meanwhile, governments...

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Kuwait Petroleum Considers Pipeline Leasing to Raise Billions

Kuwait Petroleum Corp. (KPC) is considering leasing part of its pipeline network. The move aims to fund a $65 billion investment plan covering upstream,...

Shell Oman Progress Highlights National Impact

Shell Oman Marketing Company hosted a major media event in Muscat, highlighting its national impact and future ambitions. The event, themed “Powering Progress in...

Iraq Oil Market Draws Bigger Chinese Investment

A subsidiary of the Chinese state-owned ZhenHua Oil declared Iraq as its core market and promised to grow investments. The company emphasized that Iraq’s energy...

Qatar Oil Rises on Israeli Strikes in Doha

Oil prices edged higher as traders reacted to an Israeli strike in Doha targeting Hamas leadership. The operation marked Israel’s first attack in Qatar...

Iraq Cracks Down on Oil Smuggling to Secure National Finances

Iraq's oil smuggling concerns prompted Prime Minister Mohammed Shia Al-Sudani to order a top-level investigative committee. The group will examine allegations of crude oil...

Qatar LNG Risks Threaten Taiwan Energy Security

Reliance on Qatari LNG exposes growing risks in Taiwan’s energy supply. A Washington-based think tank urged Taiwan to reduce vulnerabilities and diversify energy sources....

Iraq Oil Exploration Firm Unlocks Growth with Seismic Survey Success

Iraq’s Oil Exploration Company finished its two-dimensional seismic survey at the “Ziggurat-Uruk” site in Muthanna and Diwaniyah provinces. The company reached this milestone ahead...

Iraq Oil Minister Visits Dora Complex

Iraq’s Minister of Oil, Hayan Abdul-Ghani, visited the Dora Oil Complex in Baghdad to review operations and encourage stronger performance. He arrived at the...

Saudi Arabia Energy Transition Accelerates with ACWA Power’s Gas and Solar Expansion

Saudi Arabia continues to reshape its energy landscape under Vision 2030. At the center of this shift, ACWA Power plays a crucial role. The...

Chevron Iraq Deal Signals Major Energy Investment Push

Iraq has signed a principles agreement with Chevron for major oil exploration and development projects. Prime Minister Mohammed Shiaa Al-Sudani personally welcomed the deal,...

Aramco Keeps Saudi LPG Prices Steady to Support Market Stability

Saudi LPG prices remain unchanged as Aramco announced steady official selling prices for September. The energy giant confirmed propane remains at $520 per tonne,...

Iraq Oil Deal Signals Chevron’s Bold Return

Chevron has returned to Iraq with a new oil development agreement. The U.S. energy giant signed a fresh deal with the Oil Ministry for...