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Houthi Attacks on Saudi Energy Facilities Extend Oil Rally as Brent Crude Nears $100 per Barrel

Oil rally concerns grew on Tuesday after attacks targeted several Saudi energy facilities in the southern region. Oil prices climbed as the attacks raised...

OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

Houthi Attacks on Saudi Energy Facilities Extend Oil Rally as Brent Crude Nears $100 per Barrel

Oil rally concerns grew on Tuesday after attacks targeted several Saudi energy facilities in the southern region. Oil prices climbed as the attacks raised...

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Houthi Attacks on Saudi Energy Facilities Extend Oil Rally as Brent Crude Nears $100 per Barrel

Oil rally concerns grew on Tuesday after attacks targeted several Saudi energy facilities in the southern region. Oil prices climbed as the attacks raised...

Qatar Recovery Outlook Improves as Fitch Expects LNG Exports to Gradually Resume Through Hormuz

Qatar recovery is gaining support as concerns about further LNG disruptions begin to ease. Fitch Ratings has removed Qatar from its negative rating watch....

OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

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Qatar LNG supply talks advance with Japanese buyers

QatarEnergy continues negotiations with Japanese companies for a long-term Qatar LNG supply deal from the North Field. The deal would deliver at least 3 million metric...

Naft Khana oil field survey completed

The Naft Khana oil field has reached a major milestone with the completion of a seismic survey. The Oil Exploration Company completed the project faster than...

Saudi Arabia Ready for Lower Oil Prices Shift

Saudi Arabia now signals it can manage a prolonged drop in oil prices. This Saudi oil strategy shift may reshape global energy markets. Officials in Riyadh...

Saudi Arabia Prepares for Low Oil Prices with Strategic Oil Market Shift

Saudi Arabia is signaling a new direction in oil policy. Officials have started telling allies that the kingdom can manage lower oil prices. This...

GCC Faces Economic Challenges Amid Oil Price Decline

Gulf Cooperation Council (GCC) companies are navigating a complex economic challenges landscape. The dual impact of declining oil prices and escalating trade tensions presents...

Kuwait Eyes Stake in US LNG Project for Energy Growth

Kuwait LNG strategy is exploring a key opportunity in the American energy sector. Its overseas energy arm is now in talks with Australia’s Woodside...

UAE Fuel Prices May 2025: Petrol Rises Slightly, Diesel Drops

The UAE fuel prices May 2025 have been officially announced. Starting May 1, new petrol and diesel rates will take effect across the country....

Kuwait Oil Sector Strength Grows with KNPC-KIPIC Merger

Kuwait has launched a major transformation to boost Kuwait oil sector strength by merging two major companies. The Kuwait National Petroleum Company (KNPC) and...

Iraq Oil Pipeline Talks with APIKUR End Without a Deal

Efforts to restart Iraq oil exports through the Iraq-Türkiye Pipeline remain stuck. Recent meetings in Baghdad between officials and energy companies failed to produce...

Iraq Plans Talks on Oil Pipeline Rehabilitation Through Syria

Iraq is preparing for important discussions with Syria to restart a key oil pipeline project. These talks are part of a broader Iraq oil...

Qatar and Colombia Focus on Strengthening Energy Cooperation

Qatar continues to build strong energy partnerships, focusing sharply on expanding cooperation with Colombia. In a recent meeting held in Doha, Qatar’s Minister of...

Iraq Strengthens Energy Security Through Major Projects

Iraq is making major moves to secure its energy future by cutting its reliance on imported energy. The country’s new efforts are part of...