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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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Iraq Sanctions Waiver Request Gains Momentum Amid Lukoil Exit Pressures

Iraq sanctions waiver discussions gained momentum this week as Baghdad held further talks with Washington. The Iraq sanctions waiver request seeks six months of...

Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

Natural Gas Sector Expansion Continues Oman

Oman natural gas production continued to grow steadily by the end of September 2025, showing ongoing expansion in the country’s energy sector. Oman natural...

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,...
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