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

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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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Oman Water Services Expands Network and Cuts Losses Through Major Infrastructure Upgrade

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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....

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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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Asset Sale Signals Shift in LUKOIL’s Iraq Operations

LUKOIL, the Russian energy giant, is selling its international assets in Iraq to Switzerland’s Gunvor Group. The asset sale comes amid escalating U.S. sanctions...

Saudi Arabia’s GDP rises 5% as oil recovery drives Vision 2030 growth

The GDP of Saudi Arabia expanded by 5% in the third quarter of 2025, fueled by a rebound in oil production and strong investment...

Qatar Energy Commitment Reaffirmed at GECF Meeting in Doha

Qatar energy leadership played a central role at the 27th Ministerial Meeting of the Gas Exporting Countries Forum in Doha. The meeting focused on...

Kuwait Oil Company Drives Operational Excellence and Secures Energy Future

Kuwait Oil Company achieves record oil and gas production, advances offshore exploration, and strengthens digital transformation. KOC empowers Kuwait’s energy future with innovation, sustainability,...

Floating LNG Terminal to Boost Iraq’s Energy Security

Floating LNG terminal development will enable Iraq to access global LNG markets for the first time. Consequently, the project strengthens energy security and meets the...

TotalEnergies and Aljomaih Secure 400 MW Solar Plant Contract in Saudi Arabia

A consortium of France’s TotalEnergies and Saudi Arabia’s Aljomaih Energy & Water (AEW) has won the contract to develop, build, and operate a 400...

Excelerate Energy to Build Iraq’s First Floating LNG Terminal at Khor Al Zubair Port

Excelerate Energy, Inc. has signed a definitive agreement with a subsidiary of Iraq’s Ministry of Electricity. As a result, the deal will establish the...

Hyundai Motor Group to Launch First Middle East Plant in Saudi Arabia with 50,000 Vehicle Capacity in 2026

Hyundai Motor Group will start operations at its first Middle East plant in Saudi Arabia in late 2026. The facility will have an annual...

UAE Expands Energy Capacity as Fujairah Gas-Fired Power Plant Officially Begins Operations

The UAE has begun operating the new Fujairah gas-fired plant, marking a major step in its national energy expansion. The 2.4-gigawatt facility strengthens power...

Iraq Oil Exports Rebound to the US as Shipments Surge

Iraq’s oil exports to the United States rebounded sharply last week, showing a strong recovery in shipments. According to the US Energy Information Administration...

Oil Kuwait crude price rises amid global market rebound

Oil prices in Kuwait climbed steadily this week. The Kuwait Petroleum Corporation confirmed the increase, as crude oil rose by $1.46 to reach $64.53...

Global Oil Surplus May Shift To Shortage in Coming Years

The global oil surplus is expected to continue through this year and next, as production levels remain higher than demand. However, experts predict a shift toward...
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