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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.

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.

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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Eni Expands Oil and Gas Output in Iraq During 2025 Growth Phase

Iraq Energy Growth continues to strengthen as Eni reports higher hydrocarbon production in 2025. The company expanded output across oil and gas operations in...

Kuwait Advances Major Solar and Power Tenders Toward 2026 Awards

Kuwait solar bids shape the country’s renewable energy direction as major projects move toward award stages in 2026. Kuwait prepares to announce key decisions...

Saudi Aramco Reports Strong Earnings Growth Driven by Higher Crude Sales and Energy Demand

Aramco’s profit increased sharply in the first quarter of 2026. Stronger crude prices and rising global energy demand supported earnings across core operations. Improved...

Energy Stability Cost Shapes Global Oil Markets as Producers Absorb Hidden Financial Burden of Market Balance

Energy stability cost shapes global oil markets in ways many consumers rarely consider. It reflects the hidden financial burden that oil-producing nations carry to...

Qatar Gas Sector Drives Strong Surge in Projects Market Growth Amid Major LNG Expansion in Early 2026

Qatar gas growth emerged as a major driver of investment activity in early 2026. Strong expansion in gas contracts strengthened the country’s projects market....

UAE Oil Output Expansion Advances but Export Routes and Infrastructure Shape Growth Pace

The UAE oil output outlook has shifted after the exit from OPEC. The UAE oil output strategy now focuses on growth and flexibility. As a...

Oman Energy Growth Strengthens as PDO Signs Strategic Oil Recovery Agreement with Abraj 

Oman energy growth continues to strengthen as Petroleum Development Oman expands strategic cooperation with national companies. This latest agreement marks a major step in advanced oil...

UAE Expands National Resilience Planning Amid Rising Regional and Global Challenges

The UAE is strengthening its long-term strategy to face global uncertainty. At the core of this approach lies UAE resilience. Officials highlighted proactive planning...

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...

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

The Oman water upgrade is transforming national utility performance across the country. This Oman water upgrade strengthens infrastructure and improves efficiency. Officials continue to...