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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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Oman Steps Up LNG Push to Capture Global Energy Market

Oman’s liquefied natural gas growth drive is taking center stage as OQ Trading intensifies efforts to broaden its LNG portfolio. The state-owned energy company...

Oman Hydrogen Projects Enter Execution Phase

Oman is moving rapidly from planning to execution in its ambitious green hydrogen program. The nation’s strategy, led by Minister of Energy and Minerals...

Iraq Strengthens Economy through Gas Flaring Reduction

Iraq is moving closer to ending gas flaring in its oil fields, a shift that is expected to transform the nation both economically and...

QatarEnergy Expands Egypt Exploration with North Cleopatra Block

QatarEnergy has secured a 27% participating interest in the North Cleopatra Block offshore Egypt. The agreement comes through a deal with Shell. Under the...

Reducing Oil Dependence Remains Kuwait’s Key Economic Challenge

Kuwait continues to rely heavily on oil dependence, according to the latest IMF assessment. The International Monetary Fund (IMF) analyzed the country’s economic and...

Iraq Oil Output to Reach 5.5 Million Barrels Daily by 2025

Iraq's oil output is set to increase significantly, as the country moves to expand production by the end of 2025. Oil Minister Hayan Abdul-Ghani...

Iraq Oil Exports Generate $7.1 Billion in August Revenues

Iraq's oil exports produced an estimated $7.1 billion in revenues during August, according to the country’s oil ministry. The announcement highlights the critical role...

Fuel Prices UAE October 2025 Update As Petrol And Diesel Rise

Fuel Prices UAE for October 2025 have been confirmed, and therefore, drivers should prepare for slightly higher costs. The new announcement highlights the continuous...

Iraq Resumes Kurdish Crude Exports, Strengthening Revenue and Economic Stability

Iraq has resumed crude oil exports from the Kurdish region to Turkey, ending a two-and-a-half-year halt. The agreement allows 180,000 to 190,000 barrels per...

Aramco Contracts Boost Offshore Investments 2025

Saudi Aramco has awarded over $6 billion in offshore oil and gas contracts so far in 2025, reinforcing its position as the world’s largest...

Petrol Prices UAE October Update

Global trends guide the adjustment as the UAE prepares for a minor shift in petrol prices this October. The petrol prices hold major importance...

Oil Falls as Iraq Kurdish Pipeline Set to Resume

Oil prices fell for a fifth straight session on Tuesday after Iraq and Kurdish authorities reached a preliminary deal to restart a major oil...
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