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UAE Petrol Prices Increase as Global Oil Markets Hit Multi-Year Highs Amid Supply Risks

The oil price surge continues to reshape global energy markets and fuel costs. The oil price surge has pushed crude benchmarks to multi-year highs....

UAE Oil Shift Sparks New Global Fuel Price Scenarios and Market Volatility

The UAE oil shift is drawing global attention as markets react to changing supply dynamics. This UAE oil shift signals a turning point for...

UAE Petrol Prices Increase as Global Oil Markets Hit Multi-Year Highs Amid Supply Risks

The oil price surge continues to reshape global energy markets and fuel costs. The oil price surge has pushed crude benchmarks to multi-year highs....

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UAE Petrol Prices Increase as Global Oil Markets Hit Multi-Year Highs Amid Supply Risks

The oil price surge continues to reshape global energy markets and fuel costs. The oil price surge has pushed crude benchmarks to multi-year highs....

Oman Energy Infrastructure Expands as OQGN Records Strong Financial Results and Capacity Growth

OQGN growth continues to strengthen Oman’s energy infrastructure and financial performance. OQGN growth reflects rising demand and strong operational expansion across the country. OQ Gas...

UAE Oil Shift Sparks New Global Fuel Price Scenarios and Market Volatility

The UAE oil shift is drawing global attention as markets react to changing supply dynamics. This UAE oil shift signals a turning point for...

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Iraq Oil Exports to US Rise to 195000 Barrels Per Day

Iraq oil exports to the United States rose sharply last week, reaching 195,000 barrels per day. This marks a notable increase in Baghdad’s energy...

Oman Signs Pact to Supply Green Fuel to Ships

Oman green fuel takes a major step forward as the country signs a pact to supply ships with carbon-free energy. The agreement will establish...

Kuwait Commemorates 34 Years Since Last Oil Well Fire

Well extinguishment in Kuwait marks 34 years since Iraqi forces set fire to the last of 737 oil wells in February 1991. The event...

ADNOC Drilling Acquires 80% of MB Petroleum to Expand Gulf Presence

The ADNOC Drilling will acquire an 80% stake in MB Petroleum Services, marking its second regional acquisition. This move accelerates the company’s expansion across...

Iraq Cancels Lukoil Oil Cargoes Over Sanctions Concerns

Iraq canceled three crude oil cargoes from Lukoil oil company in November due to US and UK sanctions on the Russian company, according to...

Aramco Reports Strong Q3 2025 Earnings and Expands Gas Targets

Aramco reported solid third-quarter 2025 results, showing resilience and strategic progress across its energy and digital operations. The energy giant recorded adjusted net income...

Saudi Aramco Recalls Two Arabian Drilling Jackups for 2026 Restart

Saudi Aramco has instructed Arabian Drilling, the kingdom’s largest drilling contractor, to restart two of its suspended offshore jackup rigs. This move strengthens offshore...

AI Agreement and UAE-US Energy Partnership Strengthen Innovation

AI agreement and UAE-US Energy are shaping a new era of collaboration in energy, technology, and industrial innovation. The latest agreement aims to expand...

Adnoc Calls for Massive Investment to Power AI and Data Centres

Adnoc is calling for massive investment in energy infrastructure to meet the growing demands of AI and global data centres. Dr Sultan Al Jaber,...

Iraq Oil Exports to US Drop Significantly, EIA Reports

Iraqi oil exports to the United States fell sharply last week, according to the US Energy Information Administration (EIA). The decline highlights changes in...

Opec+ V8 Members to Approve Modest Oil Production Increase

Saudi Arabia, Russia, and six other OPEC+ members are expected to approve a modest increase in oil production during their online meeting. The decision...

QatarEnergy awards EPC contract to Samsung C&T Corporation

QatarEnergy has awarded Samsung C&T Corporation the engineering, procurement, and construction (EPC) contract for a major carbon capture and sequestration (CCS) project at Ras...