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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 Celebrates Naft Khana Oil Field Survey

Iraq has achieved a major milestone in oil development through the Naft Khana oil field survey. The Iraqi Oil Exploration Company completed the seismic survey...

Oman Gas Pipeline Expansion Plans Move Forward

Oman gas pipeline expansion plans move forward as OQ Gas Networks (OQGN) outlines a bold strategy to grow the national gas grid. The company...

Saudi Arabia Faces Indirect Risks from US Tariffs and Oil Price Drops

Indirect risks from US tariffs are now affecting Saudi Arabia’s economy. The country avoids direct trade disruption due to oil and gas exemptions. However,...

Oman Issues New Fuel Station Regulations to Boost Sector Growth

The new fuel station regulations in Oman aim to improve safety, raise service quality, and attract more investment into the sector. The Ministry of...

Qatar Signs Landmark Condensate Agreement with Shell for Qatar condensate supply

Qatar condensate supply has taken a major step in energy trade through a long-term deal involving Qatar condensate supply. QatarEnergy signed a strategic agreement with...

Qatar LNG supply talks advance with Japanese buyers

QatarEnergy continues negotiations with Japanese companies for a long-term Qatar LNG supply deal from the North Field. The deal would deliver at least 3 million metric...

Naft Khana oil field survey completed

The Naft Khana oil field has reached a major milestone with the completion of a seismic survey. The Oil Exploration Company completed the project faster than...

Saudi Arabia Ready for Lower Oil Prices Shift

Saudi Arabia now signals it can manage a prolonged drop in oil prices. This Saudi oil strategy shift may reshape global energy markets. Officials in Riyadh...

Saudi Arabia Prepares for Low Oil Prices with Strategic Oil Market Shift

Saudi Arabia is signaling a new direction in oil policy. Officials have started telling allies that the kingdom can manage lower oil prices. This...

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....
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