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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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TotalEnergies, Eni, and QatarEnergy Sign Lebanon Gas Deal

Beirut, Lebanon – January 12, 2026 – Lebanon's gas deal has reached a crucial milestone as TotalEnergies, Eni, and QatarEnergy signed a joint agreement...

Kuwaiti Experts Downplay Venezuela Oil Risks for Global Market

Kuwaiti oil experts say recent events in Venezuela are unlikely to disrupt global oil markets in the short or medium term. Even after the...

Trump Targets Venezuela Oil Minerals After Iraq Lessons

US President Donald Trump has made it clear that Venezuela oil minerals are central to his administration’s latest foreign policy agenda. Following past interventions...

Production Partnerships Drive Libya Oil Expansion

Production partnerships are reshaping Libya’s upstream energy strategy as the Gulf Arab Oil Company accelerates efforts to expand output. The state-owned producer announced a...

Azerbaijan-Oman Advanced Energy Cooperation

Azerbaijan and Oman are expanding Their Energy Cooperation to strengthen ties in the oil, gas, and renewable energy sectors. Moreover, officials highlighted strategic collaboration...

Mideast Contracts Lift Wood Regional Growth

Mideast contracts powered a strong year for Wood after the company secured more than one billion dollars in awards. The Aberdeen-based engineering and consulting...

Saudi Arabia Awards 1.2 GW Khulis Solar Tracker Contract

GameChange Solar secured a 1,200 MWp tracker contract for the Khulis Solar PV Independent Power Plant in Saudi Arabia. This contract highlights the kingdom’s...

Oil Minister Highlights Arab Energy Cooperation at OAPEC Meeting in Kuwait

OAPEC Energy Cooperation stood at the center of discussions as Arab oil ministers met in Kuwait on December 15, 2025. Arab energy cooperation and investment...

Local Firm Awarded Trunk Line Project for Kuwait Oil Co.

Kuwait Oil project advances as MECC secures a crucial trunk line contract, aiming to boost northern field production. This development is pivotal for the...

Kuwait Strengthens Border Security with Major Diesel Smuggling Operation Bust

Kuwaiti authorities successfully dismantled a diesel smuggling operation, seizing a farm in Abdali and arresting nine suspects. This diesel smuggling operation highlights the government’s...

The Oil Exports od Iraq to US Decline Amid Rising Global Imports

Iraq's oil exportsto the United States fell sharply last week, according to the US Energy Information Administration (EIA). This decline comes amid a rise...

Syrian Oil Fields Agreements Strengthen Saudi-Syrian Energy Ties

Four Saudi companies have signed agreements with the Syrian Petroleum Company to develop oil and gas fields in Syria. These deals, supervised by the...
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