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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.

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.

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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Kuwait Oil Capacity Hits Highest Level in a Decade

Kuwait’s oil production capacity has climbed to 3.2 million barrels per day, the highest level in more than 10 years. Oil Minister Tariq Al-Roumi...

Dragon Oil Iraq Signs New Partnerships

Dragon Oil’s operations in Iraq have signed new cooperation agreements to expand oilfield services and support energy development across the country. The UAE-based company announced...

Solar Energy Iraq Karbala Launches First Industrial Solar Plant

Solar Energy Iraq takes a major step forward as the country prepares to inaugurate its first industrial-scale solar power plant in Karbala. The launch...

Qatar GTL Sets Global Standard in Energy Innovation and Efficiency

Qatar GTL has joined the World Economic Forum’s Global Lighthouse Network, marking a major milestone in industrial innovation. The facility, the world’s largest gas-to-liquids...

Oman Hydrogen Station Drives Growth in Clean Energy Market

The Oman hydrogen station opened near Muscat International Airport, marking a milestone in clean energy development. The facility produces, distributes, and packages green hydrogen...

Iraq Gas Import Deal Faces U.S. Pressure

Iraq's gas negotiations with Turkmenistan collapsed after U.S. pressure blocked plans to use Iran as a transit route. The government had hoped this deal...

Baker Hughes Powers Iraq’s Push to End Gas Flaring

Baker Hughes and Halfaya Gas Company signed a major deal in Iraq to reduce gas flaring. The agreement covers an innovative flare gas recovery...

Kuwait Oil Sector Leaders Outline Vision at Annual Forum

The Kuwait oil sector gathered senior executives in Kuwait City to outline strategies for growth, training, and sustainability. At the annual oil sector leaders’ forum, Kuwait...

Durra Gas Field Gets Kuwait Approval Amid Regional Dispute

Kuwait has secured final government approvals to advance the Durra gas field, a project central to its long-term energy strategy. Sheikh Nawaf Saud Al-Nasser...

Kurdistan Oil Contracts End as Exports Prepare

Kurdistan officially ended all contracts and obligations with its oil buyers. This move clears the way for resuming exports. Officials said resuming oil flows...

Oman Gas Output Rises Slightly in Early 2025

Oman's gas output recorded a modest gain during the first seven months of 2025, reflecting steady demand across several sectors. According to figures from...

Dukhan Solar Plant To Boost Qatar’s Renewable Capacity

Dukhan solar plant will reshape Qatar’s renewable energy landscape as QatarEnergy and Samsung C&T signed a landmark agreement in Doha. The partners will build...