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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....

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...

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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Saudi Arabia Hikes Oil Prices as Global Demand Accelerates

Saudi Arabia has increased the official selling price of its Arab Light crude for Asian buyers. The price rose by $1 per barrel, bringing...

Adnoc Distribution Profit Jumps 12% on Record Fuel Sales

Adnoc Distribution, the UAE’s top fuel retailer, posted a strong first-half result with a 12% surge in Adnoc profit. The company earned $358 million,...

Saudi Energy Pivot Signals Billion-Dollar Bet on a Post-Oil Future

Saudi Arabia is rapidly expanding its clean energy portfolio to reduce dependence on oil. A recent $8.3 billion deal added seven major renewable projects....

Iraq’s Baiji Plant Supercharges Oil Output and Slashes Import Costs

Iraq has inaugurated a 50-megawatt power station at the Baiji refinery in Salahuddin province. This new facility delivers consistent electricity directly to refinery units....

Aramco Shares Sink $800B as Investors Fret Over Dividends and Oil Volatility

Aramco shares have come under sharp pressure, dropping 14% and marking the worst performance among major oil companies. This decline has alarmed investors and...

Kuwait Power Grid Efficiency Improves at Control Center

Kuwait's National Control Center plays a crucial role in managing the nation's electric grid with skill and dedication. Every day, employees monitor, operate, and...

Qatar LNG Shipping Profit Rises on Strong Nakilat Performance

Qatar's LNG transport leader Nakilat reported strong financial results, driven by rising demand and efficient operations. The Qatar LNG shipping profit increased by 3.7%,...

Qatar Gas Projects Fuel Energy Growth

Qatar is rapidly scaling its natural gas infrastructure. The country aims to increase output to meet global energy needs. This plan focuses on efficiency,...

ADNOC Drilling Delivers $217M Dividend Amid Soaring Profits and Contract Wins

The UAE energy sector continues to post strong results. ADNOC Drilling recently reported a sharp increase in second-quarter revenue. The company’s revenue rose by...

Iraq Crude Oil Sales Reach $6.7 Billion in Latest Report

The Ministry of Oil has released new figures confirming a strong month for Iraq crude oil sales. In total, the country exported 98,882,613 barrels...

Iraq Allocates $172M to Boost Drilling Equipment and Operations

Iraq is pushing forward with a $172 million investment to improve its oil production capacity. The Iraqi Drilling Company (IDC) will use the funds...

Iraq Plans 12GW Solar Power Boost in Energy Shift

Iraq has announced a major step toward clean energy with a plan to produce 12GW of solar power. The Iraqi Oil Ministry confirmed this...