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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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Qatar Fuel Prices Rise for December, Diesel Remains Steady

QatarEnergy announced the Qatar Fuel Prices for December 2025 on Sunday, November 30. The update reflects market adjustments and aims to align local costs...

Iraq Solar Energy Projects Aim to Cut Oil Dependence and Boost Sustainability

Iraq is accelerating its renewable-energy plans, raising the question of whether Iraq's solar energy projects can ease the country’s oil dependence. Caretaker Prime Minister Mohammed...

UAE Fuel Prices Rise As December Begins

UAE fuel prices will increase in December as global benchmarks continue to fluctuate. UAE fuel prices also appear in the national update issued on...

Clean Energy Project Powers Sheikh Wasan Village

The Rwanga Foundation’s Clean Energy initiative has successfully delivered 24-hour electricity to Sheikh Wasan village in Erbil province. The project marks a major milestone...

Khor Mor Drone Attack Halts Power Supply

A drone attack struck the Khor Mor gas field in Sulaimani province, halting natural gas transfers and triggering major power outages. Consequently, the incident...

Iraq Sanctions Waiver Request Gains Momentum Amid Lukoil Exit Pressures

Iraq sanctions waiver discussions gained momentum this week as Baghdad held further talks with Washington. The Iraq sanctions waiver request seeks six months of...

Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

Natural Gas Sector Expansion Continues Oman

Oman natural gas production continued to grow steadily by the end of September 2025, showing ongoing expansion in the country’s energy sector. Oman natural...

Iraq Oil Exports to US Rise to 195000 Barrels Per Day

Iraq oil exports to the United States rose sharply last week, reaching 195,000 barrels per day. This marks a notable increase in Baghdad’s energy...

Oman Signs Pact to Supply Green Fuel to Ships

Oman green fuel takes a major step forward as the country signs a pact to supply ships with carbon-free energy. The agreement will establish...

Kuwait Commemorates 34 Years Since Last Oil Well Fire

Well extinguishment in Kuwait marks 34 years since Iraqi forces set fire to the last of 737 oil wells in February 1991. The event...

ADNOC Drilling Acquires 80% of MB Petroleum to Expand Gulf Presence

The ADNOC Drilling will acquire an 80% stake in MB Petroleum Services, marking its second regional acquisition. This move accelerates the company’s expansion across...
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