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ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...

Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

Adnoc tanker fleet continues expanding as the UAE energy company strengthens its shipping network during ongoing regional tensions. The latest investments reflect a broader...

ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...

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ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...

Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

Bahrain fuel prices have been approved for August as the government continues adjusting local fuel rates according to international market conditions. The latest pricing...

Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

Adnoc tanker fleet continues expanding as the UAE energy company strengthens its shipping network during ongoing regional tensions. The latest investments reflect a broader...

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QatarEnergy Secures Long-Term LNG Deal with Petronas

QatarEnergy and Malaysia’s national oil and gas company Petronas have signed a landmark LNG supply agreement. The 20-year deal will deliver two million tons...

QatarEnergy and Petronas Seal Historic LNG Partnership

QatarEnergy and Malaysia’s Petronas have finalized a landmark LNG partnership deal, marking a major milestone in global energy collaboration. This LNG partnership deal signals...

Türkiye and Saudi Arabia Seal Historic $2 Billion Solar Partnership

Türkiye has taken a decisive step in its energy strategy through a landmark solar agreement, highlighting strong regional cooperation and a growing commitment to...

Kurdistan Gas Strategy Sparks Global Investment Surge

Kurdistan’s gas strategy is transforming Iraq’s energy sector, signaling a shift in regional influence and investment patterns. It also highlights new deals that enhance...

Germany and Saudi Energy Cooperation Boosts Hydrogen and Green Initiatives

Germany and Saudi Arabia agreed to strengthen energy collaboration during German Economy Minister Katherina Reiche’s visit to Riyadh on Sunday. The move signals a...

Iraqi Oil Exports to US Drop Sharply in Latest Weekly Data

Iraqi Oil Exports to the US fell sharply last week, signaling changing trade patterns and supply adjustments in the global crude market.   To begin with,...

Iraq Cuts Oil Spending to Safeguard Budgets

Iraq’s oil sector cuts have started as the government plans urgent savings in 2026. Oil Minister Hayyan Abdulghani announced that upstream spending will drop...

UAE Projects Global Oil Demand Above 100 Million Barrels Per Day Through 2040

The UAE predicts that global oil demand will stay above 100 million barrels per day through 2040. Growing needs for energy and electricity will...

Kuwait to Build Power and Steam Plant in Ratqa

Kuwait Petroleum Corporation (KPC) signed an MoU with the Ministry of Electricity, Water and Renewable Energy and Kuwait Oil Company (KOC) to build the...

Iraq to Supply Chemchemal Gas to Industrial Clients by 2027

Iraq’s Chemchemal gas field will start supplying industrial clients in the Kurdistan Region in the second half of 2027. Consequently, the Chemchemal Gas Supply...

Saudi Arabia and Kuwait Advance Divided Zone Projects

Saudi Arabia and Kuwait strengthened cooperation on major Divided Zone Projects during a meeting in Al-Khafji, Saudi Arabia, on Sunday. Furthermore, the discussions highlighted...

Iraq Oil Revenues Cross $6 Billion in December

Iraqi oil revenues exceeded $6 billion in December, confirming the sector’s central role in national income. Iraqi oil revenues benefited from strong export volumes...