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Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

War risk shock is rippling through global energy markets as insurers retreat from Gulf waters. Shipowners now face soaring costs and rising uncertainty. War...
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Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

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Iran Oil Crisis Could Push Prices to $100

Iran oil crisis is sending shockwaves through global energy markets as tensions escalate between Washington and Tehran. Traders are closely monitoring developments, fearing potential...
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Geopolitical Escalation Near Hormuz Raises Risk of Sharp Crude Price Spike

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Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

War risk shock is rippling through global energy markets as insurers retreat from Gulf waters. Shipowners now face soaring costs and rising uncertainty. War...

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Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

War risk shock is rippling through global energy markets as insurers retreat from Gulf waters. Shipowners now face soaring costs and rising uncertainty. War...

Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

Strait closure risk dominates global energy discussions as tensions rise in the Gulf. Consequently, oil flows and trade routes face growing uncertainty. Meanwhile, governments...

Iran Oil Crisis Could Push Prices to $100

Iran oil crisis is sending shockwaves through global energy markets as tensions escalate between Washington and Tehran. Traders are closely monitoring developments, fearing potential...

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Iraqi Centre for Oil Services Boosts National Oil Capacity

Iraq has launched a major new facility to strengthen its oil sector. The Iraqi Centre for Oil Services officially opened in Basra. This strategic...

Iraq Power Plant Operations Boosted by EthosEnergy Contract

Iraq power plant operations are entering a stronger phase with a new contract awarded to UK-based EthosEnergy. The agreement covers the Maysan Combined Cycle...

Kuwait Oil Production to Reach 3 Million BPD by 2030

Kuwait oil plan is a massive oil investment to boost national output. The country aims to raise its oil production capacity above 3 million...

Iraq FCC Project Nears Completion at South Refineries Company

The Iraq FCC project led by the South Refineries Company (SRC) is entering its final phase. Construction has reached 98%, marking a major achievement...

Oman OQBI Profit Growth Reflects Strong Industrial Strategy

The Oman OQBI profit growth reflects a powerful combination of strong sales, operational efficiency, and strategic focus. OQ Base Industries (OQBI) reported a sharp...

Sohar Polymer Project Moves Ahead with First Phase Launch

The Sohar polymer project is moving forward with strong momentum. It will launch its first phase early next year. ZL EOR Chemicals leads this...

Genel Energy Issues Q1 2025 Update on Kurdistan Operations

Genel Energy has released its Q1 2025 trading and operations update, focusing on its activities in the Kurdistan Region of Iraq. The company reported...

Aramco Q1 Profits Drop Despite Strong Dividends

To start off, Saudi oil giant Aramco reported a 4.6% Aramco Q1 profits fall in net income for the first quarter. The company posted a...

Sulzer and Manweir Strengthen Rotating Equipment Support in Qatar

To begin with, Doha, Qatar, Rotating equipment support in Qatar is getting a major upgrade as Sulzer partners with Manweir to deliver faster, high-quality...

Iraq Strengthens Energy Ties with Azerbaijan Through New Talks

Iraq energy cooperation gained momentum as Prime Minister Mohammed Shia Al-Sudani welcomed officials from Azerbaijan for high-level talks. The meeting focused on boosting strategic...

Oman Oil Profits Surge as OQEP Reports Strong Quarter

Oman oil profits continued rising as OQ Exploration and Production Company (OQEP) reported solid financial results for the first quarter. Net profit surpassed OMR74.9...

Oman is Committed to Cleaner Oil and Gas Production

For Cleaner oil and gas production Oman is committed to continue its oil and gas production while embracing cleaner, more sustainable methods. The country’s...
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