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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 Gas Import Deal Faces U.S. Pressure

Iraq's gas negotiations with Turkmenistan collapsed after U.S. pressure blocked plans to use Iran as a transit route. The government had hoped this deal...

Baker Hughes Powers Iraq’s Push to End Gas Flaring

Baker Hughes and Halfaya Gas Company signed a major deal in Iraq to reduce gas flaring. The agreement covers an innovative flare gas recovery...

Kuwait Oil Sector Leaders Outline Vision at Annual Forum

The Kuwait oil sector gathered senior executives in Kuwait City to outline strategies for growth, training, and sustainability. At the annual oil sector leaders’ forum, Kuwait...

Durra Gas Field Gets Kuwait Approval Amid Regional Dispute

Kuwait has secured final government approvals to advance the Durra gas field, a project central to its long-term energy strategy. Sheikh Nawaf Saud Al-Nasser...

Kurdistan Oil Contracts End as Exports Prepare

Kurdistan officially ended all contracts and obligations with its oil buyers. This move clears the way for resuming exports. Officials said resuming oil flows...

Oman Gas Output Rises Slightly in Early 2025

Oman's gas output recorded a modest gain during the first seven months of 2025, reflecting steady demand across several sectors. According to figures from...

Dukhan Solar Plant To Boost Qatar’s Renewable Capacity

Dukhan solar plant will reshape Qatar’s renewable energy landscape as QatarEnergy and Samsung C&T signed a landmark agreement in Doha. The partners will build...

Bahrain Energy Summit Opens to Drive Sustainable Future

The Bahrain energy summit opened on September 16, showcasing global collaboration to advance sustainable growth in oil, gas, and geosciences. The Middle East Oil,...

Kuwait Petroleum Considers Pipeline Leasing to Raise Billions

Kuwait Petroleum Corp. (KPC) is considering leasing part of its pipeline network. The move aims to fund a $65 billion investment plan covering upstream,...

Shell Oman Progress Highlights National Impact

Shell Oman Marketing Company hosted a major media event in Muscat, highlighting its national impact and future ambitions. The event, themed “Powering Progress in...

Iraq Oil Market Draws Bigger Chinese Investment

A subsidiary of the Chinese state-owned ZhenHua Oil declared Iraq as its core market and promised to grow investments. The company emphasized that Iraq’s energy...

Qatar Oil Rises on Israeli Strikes in Doha

Oil prices edged higher as traders reacted to an Israeli strike in Doha targeting Hamas leadership. The operation marked Israel’s first attack in Qatar...
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