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Kuwait Secures $16 Billion Pipeline Infrastructure Investment with Global Partners

Kuwait pipeline deal reached a major milestone after Kuwait Petroleum Corporation completed a $16 billion infrastructure agreement with a consortium of leading international investment...
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Kuwait and Oman Reaffirm Commitment to Expanding Energy and Oil Sector Cooperation

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Fluor Secures Engineering Contract for Bahrain’s New Aromatics Facility

Bahrain aromatics project continues moving forward after Fluor secured a contract to provide engineering and design services for a new petrochemical facility. The development...
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Adnoc Approves $6.2 Billion Umm Shaif Gas Project to Expand UAE Energy Production

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Kuwait Secures $16 Billion Pipeline Infrastructure Investment with Global Partners

Kuwait pipeline deal reached a major milestone after Kuwait Petroleum Corporation completed a $16 billion infrastructure agreement with a consortium of leading international investment...

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Kuwait Secures $16 Billion Pipeline Infrastructure Investment with Global Partners

Kuwait pipeline deal reached a major milestone after Kuwait Petroleum Corporation completed a $16 billion infrastructure agreement with a consortium of leading international investment...

Kuwait and Oman Reaffirm Commitment to Expanding Energy and Oil Sector Cooperation

Kuwait Oman relations continued to strengthen as senior officials reaffirmed their commitment to closer cooperation. Kuwait Oman discussions highlighted the importance of expanding collaboration...

Fluor Secures Engineering Contract for Bahrain’s New Aromatics Facility

Bahrain aromatics project continues moving forward after Fluor secured a contract to provide engineering and design services for a new petrochemical facility. The development...

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Iraq Defends Khor Abdullah Waterway Agreement in New Appeals

Iraq continues to defend the Khor Abdullah waterway agreement through firm legal actions led by its top leaders. Both President Abdullatif Rashid and Prime...

Iraq Expands Oil Exports with Iraq Offshore Pipeline Project

Iraq continues to strengthen its oil infrastructure through the Iraq offshore pipeline project. This effort aims to boost national energy exports. To begin with, Iraq...

Kuwait Merger Strengthens Oil Sector Development

Kuwait continues to reshape its energy industry through bold moves and strategic planning. In a major step forward for Kuwait's oil sector development, the...

Kuwait Boosts Oil Future with Burgan Field Upgrade

Kuwait plans to boost production at the Burgan oilfield to support Kuwait's oil production growth. The country aims to reverse the decline in one of...

Iraq Pushes Forward with Economic Diversification and Growth Strategy

Iraq is entering a transformative period of economic development, with rising investor confidence and a strong focus on economic diversification. The country is pushing...

Iraq’s Budget Needs Oil Price of $92 Per Barrel in 2025

Iraq will need an average oil price of over $92 per barrel to balance its national budget in 2025. According to the International Monetary...

Saudi Arabia Oil Price Cut Drives Export Surge to China

The Saudi oil price drop is now reshaping global crude flows as exports to China prepare to rise sharply in May. Saudi Aramco, the...

Saudi Aramco Cuts Oil Prices to Asia to Four-Month Low

Saudi Aramco, the world’s largest oil company, lowered the price of its crude oil for Asian buyers in May 2025, marking the lowest price...

OPEC+ Producers to Gradually Increase Output for Market Stability

Eight key OPEC+ countries Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have agreed to gradually increase oil production starting in...

UAE Fuel Price Drop Brings Relief in April

The UAE April fuel prices are now lower, giving drivers across the country a reason to smile. On March 31, officials released the fuel...

Kuwait Oil Prices Drop as Global Crude Prices Slide

Kuwait oil prices drop again, showing how global trends affect local markets. Kuwait's oil price fell by USD 1.06. The price dropped from USD...

Iraq Expands Auto Gas Fueling Network

Iraq is growing its gas-powered vehicle network by opening new auto gas fueling stations in Iraq. The Ministry of Oil announced the launch of...
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