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Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

Bahrain fuel prices have been approved for August as the government continues adjusting local fuel rates according to international market conditions. The latest pricing...
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Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

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UAE Fuel Prices Expected to Drop Again in August Amid Oil Market Volatility

UAE fuel prices may decline again in August as global oil markets continue to fluctuate. However, analysts expect only a modest reduction because supply...
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Abraj Energy Raises Revenue Forecast as Rig Activity Reaches One-Year High

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Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

Bahrain fuel prices have been approved for August as the government continues adjusting local fuel rates according to international market conditions. The latest pricing...

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Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

Bahrain fuel prices have been approved for August as the government continues adjusting local fuel rates according to international market conditions. The latest pricing...

Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

Adnoc tanker fleet continues expanding as the UAE energy company strengthens its shipping network during ongoing regional tensions. The latest investments reflect a broader...

UAE Fuel Prices Expected to Drop Again in August Amid Oil Market Volatility

UAE fuel prices may decline again in August as global oil markets continue to fluctuate. However, analysts expect only a modest reduction because supply...

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Algeria Saudi Arabia Energy Partnership Supports Long-Term Investment in Oil and Gas Exploration

The Algeria Saudi Arabia Energy Partnership is gaining momentum as both countries move forward with a significant oil and gas development agreement aimed at...

Oil Prices Fall Sharply as US Iran Diplomatic Progress Boosts Supply Expectations

Oil prices declined sharply on Monday as investors reacted to improving diplomatic signals between the United States and Iran. The latest developments increased expectations...

UAE Petrol Prices Could Drop in July as Oil Market Shift Continues After Global Tensions Ease

Oil Market Shift trends may influence fuel costs across the UAE in July. Petrol prices could decrease if crude oil values continue falling. Recent...

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...

AI And Global Shipping Help Avoid Major Hormuz Supply Crisis

The closure of the Strait of Hormuz created fears of a severe global energy and trade crisis. However, despite widespread concerns, global supply chains...

Saudi Arabia And South Korea Strengthen Energy Partnership Through New Oil And Gas Agreement

Saudi Arabia and South Korea have taken a significant step toward expanding their energy cooperation by signing a new memorandum of understanding focused on...

Saudi Arabia Strengthens Alternative Trade Routes as Strait of Hormuz Closure Disrupts Shipping

The closure of the Strait of Hormuz continues to create major challenges for regional trade, energy exports, and global supply chains. As Gulf countries...

Saipem Secures $1 Billion Contract for Saudi Arabia’s Uthmaniyah Gas Project

Italian oilfield services company Saipem has secured a contract worth approximately $1.04 billion to develop the Uthmaniyah Gas Compression Plant in Saudi Arabia. The agreement...

Iraq Targets One Million Barrels Per Day Through Turkey and Syria Export Routes

Iraq has activated strategic plans to increase crude oil exports through alternative routes in Turkey and Syria, aiming to reach one million barrels per...

Kuwait Oil Prices Fall Alongside Global Benchmarks as Traders Monitor Supply and Demand Trends

Kuwaiti oil prices recorded a sharp decline in the latest trading session, reflecting broader weakness across global energy markets as crude benchmarks moved lower. According...
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