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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.
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Qatar’s Nakilat Says LNG Carrier Al Mayeda Was Hit by Unidentified Objects in the Gulf, No Injuries Reported

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Aramco Completes Purchase of 49% Stake in PIF’s AI Company Humain, Contributing About SR9.9 Billion in Cash

Aramco has closed its acquisition of a 49% stake in HUMAIN, with the Public Investment Fund keeping 51% of the Saudi AI company.
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Iraq’s Oil Exports Through Kurdistan Pipeline to Turkey Double to 500,000 Barrels a Day, KAR Group Chairman Says

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Qatar’s Nakilat Says LNG Carrier Al Mayeda Was Hit by Unidentified Objects in the Gulf, No Injuries Reported

Qatar Gas Transport Co. (Nakilat) said its LNG carrier Al Mayeda was hit by unidentified objects while sailing in the Gulf on Oct. 30, with no crew injuries.

Aramco Completes Purchase of 49% Stake in PIF’s AI Company Humain, Contributing About SR9.9 Billion in Cash

Aramco has closed its acquisition of a 49% stake in HUMAIN, with the Public Investment Fund keeping 51% of the Saudi AI company.

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Kuwait Reports Damage to Oil Facilities Following Iranian Missile and Drone Strikes

Kuwait Attacks have intensified regional tensions after missile and drone strikes damaged an important oil facility on Saturday. The latest escalation triggered emergency responses...

Iraq Seeks Higher OPEC Oil Output Quota to Boost Economic Growth and Energy Investment

Iraq OPEC Talks continue as Baghdad works with the Organization of the Petroleum Exporting Countries to secure a higher oil production quota. Iraq OPEC...

Oman Advances 4GW Solar Projects to Accelerate Clean Energy Goals Under Vision 2040

Oman Solar Projects continue gaining momentum as the country moves forward with plans to expand renewable energy capacity. Oman Solar Projects form an important...

EGA Production Resumes at Al Taweelah Alumina Refinery as Abu Dhabi Accelerates Recovery After Major Shutdown and Advances Toward Full Output by the End...

EGA Production has resumed at the Al Taweelah alumina refinery in Abu Dhabi after a major shutdown earlier this year. Emirates Global Aluminium restarted...

Oman Oil Marketing Wins RO 29.4 million Government Deal to Supply Fuel and Build New Fuel Stations

Oman Oil Marketing has secured a major government contract valued at RO 29.4 million, strengthening its long-term position in the country's energy sector. The...

Bahrain and US Discuss Stronger Energy Cooperation During High-Level Meeting

Bahrain energy cooperation received fresh attention as senior officials explored new opportunities to strengthen ties with the United States. Bahrain energy remains a key...

Oil Prices Surge as Renewed US-Iran Tensions Raise Concerns Over Global Energy Supplies and Strait of Hormuz Shipping

Oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran increased concerns about global energy supplies. The latest developments...

Saudi Arabia Studies Red Sea Oil Pipeline Expansion to Reduce Strait of Hormuz Dependence

Saudi pipeline plans have gained fresh attention as the Kingdom explores new options to strengthen regional energy exports. The proposed project could improve crude...

Abu Dhabi Family Office Invests Over $1 Billion in Global LNG Company MidOcean

MidOcean investment reached a major milestone after an Abu Dhabi-based investment company committed more than $1 billion to the global liquefied natural gas (LNG)...

Iraq Nears Deal with Qatar-US Consortium to Develop New Oil Export Pipelines

Iraq pipelines could enter a major new phase after the government approved plans for a Qatar-US consortium to begin studying new oil export routes....

OPEC+ Approves August Oil Production Increase of 188,000 Barrels Per Day to Support Market Stability

OPEC+ Output will increase in August after seven major producers agreed to raise crude production while continuing efforts to support market stability. The latest...

Oil output recovery continues across the Middle East as UAE exports reach record levels, supply chains stabilize, and regional energy infrastructure strengthens.

The oil output recovery across the Middle East continues to strengthen as production levels move closer to normal conditions. Oil output recovery has gained...
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