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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 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...

United Arab Emirates – Oil and Gas Market Overview

The UAE holds the seventh-largest proven oil and natural gas reserves globally, with approximately 97.8 billion barrels of oil. As a member of OPEC...

Saudi Arabia’s Balancing Act: Diplomacy, Economic Diversification, and the Energy Transition

Saudi Arabia is undergoing a significant geopolitical and economic transformation, balancing diplomacy, economic diversification, and energy transition. At the heart of this shift is...

UAE Fuel Retail Growth Boosts ADNOC Distribution Profits

UAE fuel retail growth boosts ADNOC Distribution profits as the company reports strong results in the first quarter. The business delivered record fuel volumes...
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