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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.
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Qatar’s Nakilat Says LNG Carrier Al Mayeda Was Hit by Unidentified Objects in the Gulf, No Injuries Reported

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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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Iraq’s Oil Exports Through Kurdistan Pipeline to Turkey Double to 500,000 Barrels a Day, KAR Group Chairman Says

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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.

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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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Gulf Diplomacy Intensifies as War Threatens Global Energy Security

Rising geopolitical tensions have pushed energy security talks to the forefront as global leaders respond to growing risks in the Gulf. The latest meeting...

Iraq Opens New Fuel Export Route Through Syria, Boosting Energy Trade and State Revenue

Iraq has launched a new fuel export route through Syria, opening a fresh channel for energy trade and state revenue. The move marks an...

Iraqi Fuel Convoys Enter Syria After Years, Opening New Regional Energy Route

Iraqi fuel convoys entered Syria for the first time in years, signaling a major shift in regional energy logistics. The convoy crossed through the...

Singapore Bunker Imports Decline as Kuwaiti Fuel Shipments Halt Amid Strait of Hormuz Tensions

Singapore bunker imports are declining as fuel shipments from Kuwait have effectively disappeared. The disruption follows escalating regional tensions that have limited access through...

Qatar’s Golden Pass Dilemma: Balancing Contracts and Soaring LNG Prices

QatarEnergy’s joint LNG venture with ExxonMobil, Golden Pass, reached a key milestone by producing its first cargo from the first train of its 18...

UAE Fuel Prices Surge in April as Petrol and Diesel Costs Jump Sharply

Drivers across the UAE will face a sharp rise in transport costs from April 1 after authorities approved major increases in petrol and diesel...

Saudi Crude Oil Ships to Pakistan Navigate Strait of Hormuz Amid Regional Tensions

Saudi Arabia’s crude oil cargo is en route to Pakistan after passing through the Strait of Hormuz under tightened security measures. This transit comes...

Iraq’s Oil Exports to the U.S. Jump to 270,000 Barrels Per Day as Imports Decline, EIA Data Shows

The exports of Iraqi Oil to the United States climbed sharply last week, highlighting renewed demand for Iraqi crude in the American market. The...

Iraq Oil Revenues Show Strong February Performance

Iraq oil revenues climbed close to $7 billion in February, highlighting the country’s continued reliance on crude exports. The Ministry of Oil released official...

Saudi Oil Exports to China and India Set to Fall Amid War Disruptions

The Saudi oil is set to reduce crude shipments to its largest buyers, China and India, as regional conflict disrupts production and export flows....

Qatar Halts LNG Supply After Iran Strike

QatarEnergy declared force majeure after an LNG supply disruption caused by Iranian missile strikes on its Ras Laffan Industrial City facilities. This LNG supply...

Oman Oil Prices Drop Sharply as Global Energy Markets Turn Volatile

Oman crude oil prices dropped sharply on Wednesday, sending a clear signal of ongoing turbulence in global energy markets. The official price for May...
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