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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 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...

Iraq Solar Energy Project Launches with 1,000 MW Basra Plant

The Iraq solar energy project now enters an exciting new phase as construction officially begins on the Shams Al-Basra station in Basra. Consequently, this...

Oman LNG Growth Strengthens with Record Output and Global Energy Goals

Oman LNG growth continues as the company reaches new milestones in production, efficiency, and sustainability. The company delivered its highest-ever output and confirmed major...

Qatar Threatens LNG Exit from EU Over Costly Climate Compliance

Qatar issued a Qatar LNG supply warning to the European Union over new sustainability rules. The Gulf state said it may stop LNG exports...

Iraq Powers Up: 640 MW Expansion at Baghdad’s Dora Plant to Boost Grid

Iraq launched a major electricity project to enhance power generation in the capital. The government began upgrading the Dora Thermal Power Station in Baghdad...

US Firm Joins Iraq’s Push for Oil and Gas Innovation

The Iraq oil and gas investment opportunities are moving forward as Prime Minister Mohammed Shia Al-Sudani welcomed senior officials from the U.S. energy firm...

UAE Port Sees Drop in Refuelling as Tensions Rise

Fujairah, one of the UAE’s most critical maritime hubs, has seen a noticeable slowdown in refuelling activity this year. Bunker fuel sales at the...

Oman Attracts $79.6 Billion FDI as Oil and Gas Drive Growth

Oman foreign investment rose sharply to $79.6 billion in early 2025, reflecting strong international confidence in the country’s economic potential. This surge comes as...

Iraq Basrah Crude Prices Rise Despite Global Oil Slump

Oil markets faced a global decline, yet Iraq Basrah crude prices moved in the opposite direction. On Tuesday, both Basrah Medium and Basrah Heavy...

KBR Strengthens Operations with New Agreement in Iraq

The Iraq oil project at Majnoon has gained fresh momentum as KBR extended its engineering, procurement, and construction management (EPCM) contract. This two-year renewal...
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