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

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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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Oil Importers Turn to Longer Routes as Global Energy Trade Faces Rising Geopolitical Risks

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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...

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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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UAE Crypto Learning Curve: Challenges and Rewards

Understanding cryptocurrency takes effort, but the rewards make it worthwhile. Many people dismiss crypto, calling it a scam or saying it has no real...

Iraq Plans to Boost Oil Production to Over 6 Million bpd by 2029

Iraq is working to increase its oil production capacity beyond 6 million barrels per day (bpd) by 2029. The Oil Ministry announced this ambitious...

Qatar Chooses L&T for North Field Gas Expansion

Qatar Energy has signed a major deal with India’s Larsen & Toubro (L&T) for a key gas project. This contract, worth between $4 billion...

Qatar’s Oil Demand Drops Below 30% as Energy Shifts

Qatar’s oil demand has dropped below 30% for the first time. Renewables and electric vehicles are reshaping global energy markets. The International Energy Agency...

Iraq Targets African Oil Markets in Expansion Plan

Iraq is exploring the possibility of expanding its oil exports to Africa. According to Iraq's oil minister, Hayan Abdul Ghani, the government is currently...

Oman Expands Oil and Gas Exploration for Energy Security

Oman has opened new oil and gas blocks for investment. Dr. Salah bin Hafiz Al-Dhahab, Director General of Investment, announced the decision. The goal...

Saudi Arabia Leads with Direct Air Capture Technology to Cut Emissions

Saudi Aramco has recently launched its first direct air capture (DAC) test unit in the Kingdom. This move marks a key development in the...

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....
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