Oil and Gas

HomeOil and Gas

Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

Qatar LNG Shipment Crosses Strait Of Hormuz As Regional Tensions Ease

A Qatar LNG shipment successfully sailed through the Strait of Hormuz aboard the LNG carrier Disha. The voyage signals a possible improvement in regional maritime activity after...

Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

More News

Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

Baghdad, Iraq: Iraq’s financial revenues exceeded $23.6 billion during the first four months of 2026, according to the Ministry of Finance. The figures highlight...

Qatar LNG Shipment Crosses Strait Of Hormuz As Regional Tensions Ease

A Qatar LNG shipment successfully sailed through the Strait of Hormuz aboard the LNG carrier Disha. The voyage signals a possible improvement in regional maritime activity after...

Explore more

Energy Repair Cost Surges as Middle East Infrastructure Damage Widens

Energy repair cost concerns have intensified across the Middle East after recent conflict damage to critical infrastructure. The energy repair cost now reflects a...

Gulf War Damage Costs Surge to $58 Billion as Energy Infrastructure Losses Mount

War damage cost concerns continue to rise across the Gulf after new estimates highlight severe energy infrastructure losses. The war damage cost now reflects...

Iraq Seeks Revival of Oil Pipeline Route Through Saudi Arabia

Iraq oil exports remain a key focus as Baghdad works to secure more stable and diversified shipping routes. Officials continue exploring options to reduce...

Saudi Oil Exports to China Expected to Drop Sharply in May Amid Rising Middle East Tensions

Saudi oil China flows are expected to decline sharply in May as regional tensions disrupt supply chains. The ongoing conflict in the Middle East...

Oman Launches Major Energy Expansion Plan with Five New Oil and Gas Exploration Blocks to Attract Global Investment

Oman has launched a new initiative to expand its hydrocarbon sector and attract global investors. This Oman energy boost focuses on opening five new...

Gulf Economy Shock Spreads Across Middle East as Energy, Trade, and Investor Confidence Decline Amid Regional Conflict

A Gulf economy shock continues to spread across the Middle East as regional conflict intensifies. This Gulf economy shock affects trade, energy flows, and...

Saudi Arabia Restores East-West Oil Pipeline to Full Capacity After Attacks, Strengthening Export Stability

Saudi Arabia restored its East-West oil pipeline to full capacity after recent attacks. As a result, the pipeline now operates normally and supports national...

Saudi Arabia Restores Key Energy Infrastructure and Stabilizes Oil Supply After Recent Disruptions

Saudi Arabia restored major energy infrastructure after recent attacks affected key production and transport systems. Oil supply has stabilized as the kingdom brought critical...

Oman Reports Steady Growth in Natural Gas Output and Rising Energy Demand Across Key Sectors in Early 2026

Oman gas output shows steady growth as the country reports higher natural gas production levels in early 2026. Officials confirm rising figures across both...

Jet Fuel Recovery to Take Months Despite Strait of Hormuz Reopening, Airlines Warn

Jet fuel recovery will take months even if the Strait of Hormuz reopens, industry leaders warn. The key phrase jet fuel recovery emphasizes the...

Strait of Hormuz Reopens After US-Iran Ceasefire, Energy Flows Resume

Strait of Hormuz is back in operation following a two-week ceasefire agreement between the United States and Iran. The deal aims to prevent further...

Iraq Can Rapidly Restore Oil Exports if Strait of Hormuz Reopens, Says Basra Oil

Iraq says it could quickly restore crude oil exports if the Strait of Hormuz reopens. That would offer major relief after weeks of severe...