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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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US Moves Venezuelan Oil Revenue to Qatar Account After Initial Crude Sales

The Venezuelan oil sales now sit at the center of a major geopolitical and energy development involving the United States and Qatar. US authorities...

Bahrain: TotalEnergies and Bapco Energies Launch BxT Trading to Boost Regional Oil Market Presence

TotalEnergies and Bapco Energies have officially launched BxT Trading, a joint venture designed to transform petroleum product trading in the Middle East. As a...

Kuwait Launches Oil Sector Digital Transformation to Boost Efficiency

Kuwait has officially launched a comprehensive oil digital transformation, aiming to enhance efficiency, competitiveness, and profitability. The initiative includes 24 initial digital projects, with...

Greece-Owned Oil Tanker Freed After Two-Year Captivity Near Oman

The Greece-owned oil tanker St Nikolas was reportedly released near Oman’s coast after two years in Iranian custody, raising attention amid rising US-Iran tensions....

Saudi Arabia’s Maaden Gold Resources Surge by 7.8 Million Ounces

Saudi Arabia’s Maaden has added 7.8 million ounces of gold to its mineral resources, significantly strengthening its global position. As a result, the expansion...

Saudi Industrial Output Posts Strongest Growth Since Early 2023

Saudi Arabia recorded its strongest industrial production growth since early 2023, signaling renewed momentum in the Kingdom’s energy-led economy. Official data showed the Industrial...

ADNOC Greenlights SARB Deep Gas Project to Power 300,000 Homes

ADNOC has approved the Final Investment Decision for the SARB Deep Gas Development within the Ghasha Concession. Importantly, the decision strengthens UAE energy security...

TotalEnergies, Eni, and QatarEnergy Sign Lebanon Gas Deal

Beirut, Lebanon – January 12, 2026 – Lebanon's gas deal has reached a crucial milestone as TotalEnergies, Eni, and QatarEnergy signed a joint agreement...

Kuwaiti Experts Downplay Venezuela Oil Risks for Global Market

Kuwaiti oil experts say recent events in Venezuela are unlikely to disrupt global oil markets in the short or medium term. Even after the...

Trump Targets Venezuela Oil Minerals After Iraq Lessons

US President Donald Trump has made it clear that Venezuela oil minerals are central to his administration’s latest foreign policy agenda. Following past interventions...

Production Partnerships Drive Libya Oil Expansion

Production partnerships are reshaping Libya’s upstream energy strategy as the Gulf Arab Oil Company accelerates efforts to expand output. The state-owned producer announced a...

Azerbaijan-Oman Advanced Energy Cooperation

Azerbaijan and Oman are expanding Their Energy Cooperation to strengthen ties in the oil, gas, and renewable energy sectors. Moreover, officials highlighted strategic collaboration...
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