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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...

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...

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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GCC Faces Economic Challenges Amid Oil Price Decline

Gulf Cooperation Council (GCC) companies are navigating a complex economic challenges landscape. The dual impact of declining oil prices and escalating trade tensions presents...

Kuwait Eyes Stake in US LNG Project for Energy Growth

Kuwait LNG strategy is exploring a key opportunity in the American energy sector. Its overseas energy arm is now in talks with Australia’s Woodside...

UAE Fuel Prices May 2025: Petrol Rises Slightly, Diesel Drops

The UAE fuel prices May 2025 have been officially announced. Starting May 1, new petrol and diesel rates will take effect across the country....

Kuwait Oil Sector Strength Grows with KNPC-KIPIC Merger

Kuwait has launched a major transformation to boost Kuwait oil sector strength by merging two major companies. The Kuwait National Petroleum Company (KNPC) and...

Iraq Oil Pipeline Talks with APIKUR End Without a Deal

Efforts to restart Iraq oil exports through the Iraq-Türkiye Pipeline remain stuck. Recent meetings in Baghdad between officials and energy companies failed to produce...

Iraq Plans Talks on Oil Pipeline Rehabilitation Through Syria

Iraq is preparing for important discussions with Syria to restart a key oil pipeline project. These talks are part of a broader Iraq oil...

Qatar and Colombia Focus on Strengthening Energy Cooperation

Qatar continues to build strong energy partnerships, focusing sharply on expanding cooperation with Colombia. In a recent meeting held in Doha, Qatar’s Minister of...

Iraq Strengthens Energy Security Through Major Projects

Iraq is making major moves to secure its energy future by cutting its reliance on imported energy. The country’s new efforts are part of...

Iraq Drilling Company Completes 13 Oil Wells Successfully

The Iraqi Drilling Company recently completed the drilling of 13 new oil wells across different oilfields. This major achievement shows the strength of Iraq's...

Iraq Oil Production Update DNO ASA Quarterly Results

DNO ASA, a prominent Norwegian oil and gas company, provided an important update on its operations in Iraq for the quarter. The company outlined...

Iraq: Chinese Firm Signs MoUs for Petrochemical Projects in Karbala

raq’s Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, along with the Governor of Karbala, attended a major signing ceremony. During the...

Iraq advances Ratawi project with new engineering contracts

Iraq moves forward with the Ratawi field redevelopment as TotalEnergies awards two contracts to Wood. These contracts support the country’s efforts to grow energy...