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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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Aramco Shares Sink $800B as Investors Fret Over Dividends and Oil Volatility

Aramco shares have come under sharp pressure, dropping 14% and marking the worst performance among major oil companies. This decline has alarmed investors and...

Kuwait Power Grid Efficiency Improves at Control Center

Kuwait's National Control Center plays a crucial role in managing the nation's electric grid with skill and dedication. Every day, employees monitor, operate, and...

Qatar LNG Shipping Profit Rises on Strong Nakilat Performance

Qatar's LNG transport leader Nakilat reported strong financial results, driven by rising demand and efficient operations. The Qatar LNG shipping profit increased by 3.7%,...

Qatar Gas Projects Fuel Energy Growth

Qatar is rapidly scaling its natural gas infrastructure. The country aims to increase output to meet global energy needs. This plan focuses on efficiency,...

ADNOC Drilling Delivers $217M Dividend Amid Soaring Profits and Contract Wins

The UAE energy sector continues to post strong results. ADNOC Drilling recently reported a sharp increase in second-quarter revenue. The company’s revenue rose by...

Iraq Crude Oil Sales Reach $6.7 Billion in Latest Report

The Ministry of Oil has released new figures confirming a strong month for Iraq crude oil sales. In total, the country exported 98,882,613 barrels...

Iraq Allocates $172M to Boost Drilling Equipment and Operations

Iraq is pushing forward with a $172 million investment to improve its oil production capacity. The Iraqi Drilling Company (IDC) will use the funds...

Iraq Plans 12GW Solar Power Boost in Energy Shift

Iraq has announced a major step toward clean energy with a plan to produce 12GW of solar power. The Iraqi Oil Ministry confirmed this...

Iraq Solar Energy Project Launches with 1,000 MW Basra Plant

The Iraq solar energy project now enters an exciting new phase as construction officially begins on the Shams Al-Basra station in Basra. Consequently, this...

Oman LNG Growth Strengthens with Record Output and Global Energy Goals

Oman LNG growth continues as the company reaches new milestones in production, efficiency, and sustainability. The company delivered its highest-ever output and confirmed major...

Qatar Threatens LNG Exit from EU Over Costly Climate Compliance

Qatar issued a Qatar LNG supply warning to the European Union over new sustainability rules. The Gulf state said it may stop LNG exports...

Iraq Powers Up: 640 MW Expansion at Baghdad’s Dora Plant to Boost Grid

Iraq launched a major electricity project to enhance power generation in the capital. The government began upgrading the Dora Thermal Power Station in Baghdad...
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