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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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Oil in Bahrain Heads Toward Second Consecutive Weekly Gain

Oil prices experienced a slight dip on Friday but were still on track for a second consecutive weekly gain. By 1103 GMT, Brent crude...

Qatar’s LNG Growth Strengthens Energy Market

Qatar’s LNG growth strengthens energy market, making it a key player in the industry. The country’s natural gas reserves and low-cost operations give it...

Qatar’s Natural Gas Production to Reach 244 bcm by 2030

Qatar’s natural gas production will grow to 244 billion cubic meters (bcm) by 2030 and 300 bcm by 2050. The Gas Exporting Countries Forum...

IDC Completes First Well in Sonangol Contract in Qayyarah Oilfield

The Iraqi Drilling Company (IDC) has successfully completed its first well under a significant contract with Sonangol, a key player in the oil industry....

Iraq Seeks Gas Imports from Gulf Countries to Reduce Dependence on Iran

Iraq is actively seeking alternatives to its reliance on Iranian gas as it looks to reduce its dependency on its neighbor amid ongoing sanctions....

Qatar to Send Gas to Syria with U.S. Approval

Qatar is preparing to supply natural gas to Syria through Jordan to support the country’s struggling power sector, according to three sources familiar with...

Kuwait Aims to Boost Oil Production and Develop Durra Gas Field

Kuwait has unveiled a strategic initiative to enhance its oil production capacity and develop the Durra gas field, despite ongoing territorial disputes with Iran....

Qatar Expands LNG Fleet with New Carrier Construction in South Korea

Nakilat has started building eight new liquefied natural gas (LNG) carriers at Hanwha Ocean Shipyard in South Korea. This step is part of Qatar’s...

Qatar’s LNG Expansion: A Strategic Move Towards Global Leadership

Qatar is set to expand its liquefied natural gas (LNG) production by 85%, targeting 142 million metric tons per annum (MTPA) by 2030. This...

Iraq Implements Measures to Prevent Summer Power Outages

The Iraqi Ministry of Electricity has announced a comprehensive plan to prevent power outages this summer, following disruptions in gas supplies from Iran. The...
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