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ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...
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Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

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Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

Adnoc tanker fleet continues expanding as the UAE energy company strengthens its shipping network during ongoing regional tensions. The latest investments reflect a broader...
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UAE Fuel Prices Expected to Drop Again in August Amid Oil Market Volatility

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ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...

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ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...

Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

Bahrain fuel prices have been approved for August as the government continues adjusting local fuel rates according to international market conditions. The latest pricing...

Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

Adnoc tanker fleet continues expanding as the UAE energy company strengthens its shipping network during ongoing regional tensions. The latest investments reflect a broader...

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Aramco CEO Highlights Importance of Oil and Gas During Global Conflicts in Saudi Arabia

Oil and gas are important in times of conflict, said Aramco’s CEO, addressing energy leaders at the Energy Asia Conference. He explained how the...

Saudi Arabia Faces Strain Amid Oil Supply Risk from Iran Disruption

The Saudi oil capacity challenge has taken center stage as regional conflict threatens global oil supply. After Israeli strikes on Iran, prices surged nearly...

Iraq Oil Production Plan Boosts Local Industry

The Iraq oil production strategy is gaining momentum as the government approves new steps to strengthen domestic oil production. As a result, officials aim...

Drone and AI technology to transform Saudi Arabia’s oil sector

Saudi Arabia is accelerating its oil industry modernization with drone and AI technology. A new partnership between Aramco and Japan’s Terra Drone is central...

Oman Oil Price Drops 21 Cents Amid Regional Energy Market Volatility

Oman oil price drops again, reaching $66.61 for August 2025 delivery. The decrease equals 21 cents compared to Tuesday’s closing rate of $66.82 per...

Kuwait Extends Deadlines for $1.5 Billion Oil Project Tenders

Kuwait recently extended the Kuwait oil project tender deadlines for several major energy projects worth about $1.5 billion. This move gives contractors additional time to prepare...

UAE Growth Forecast Rises on Non-Oil Expansion

The World Bank raised the UAE growth forecast to 4.6% for 2025, up from 4% in January. Strong non-oil sector performance and easing OPEC+...

Saudi Economic Growth Accelerates as Non-Oil Sector Shines

Saudi Arabia's economy showcased strong economic resilience by posting 3.4% year-on-year real GDP growth in the first quarter of 2025, according to official data released Monday....

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

Basrah Crude Oil Prices Rise Despite Global Oil Drop

Basrah crude oil prices climbed modestly, showing strength even as global oil markets trended downward. Basrah Heavy crude increased by 99 cents to $61.41...

UAE Non-Oil Growth Slows Slightly

Business activity in the UAE’s non-oil private sector eased slightly due to ongoing global tariff uncertainty. Despite this, the country’s economic fundamentals remain strong,...

Adnoc Drilling Oman Deal Secures 70% Stake in SLB Rigs

Adnoc Drilling has made a bold move in the regional oil sector. The company secured a 70% stake in SLB’s drilling operations in Oman....
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