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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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Oman Oil Profits Surge as OQEP Reports Strong Quarter

Oman oil profits continued rising as OQ Exploration and Production Company (OQEP) reported solid financial results for the first quarter. Net profit surpassed OMR74.9...

Oman is Committed to Cleaner Oil and Gas Production

For Cleaner oil and gas production Oman is committed to continue its oil and gas production while embracing cleaner, more sustainable methods. The country’s...

United Arab Emirates – Oil and Gas Market Overview

The UAE holds the seventh-largest proven oil and natural gas reserves globally, with approximately 97.8 billion barrels of oil. As a member of OPEC...

Saudi Arabia’s Balancing Act: Diplomacy, Economic Diversification, and the Energy Transition

Saudi Arabia is undergoing a significant geopolitical and economic transformation, balancing diplomacy, economic diversification, and energy transition. At the heart of this shift is...

UAE Fuel Retail Growth Boosts ADNOC Distribution Profits

UAE fuel retail growth boosts ADNOC Distribution profits as the company reports strong results in the first quarter. The business delivered record fuel volumes...

Iraq Celebrates Naft Khana Oil Field Survey

Iraq has achieved a major milestone in oil development through the Naft Khana oil field survey. The Iraqi Oil Exploration Company completed the seismic survey...

Oman Gas Pipeline Expansion Plans Move Forward

Oman gas pipeline expansion plans move forward as OQ Gas Networks (OQGN) outlines a bold strategy to grow the national gas grid. The company...

Saudi Arabia Faces Indirect Risks from US Tariffs and Oil Price Drops

Indirect risks from US tariffs are now affecting Saudi Arabia’s economy. The country avoids direct trade disruption due to oil and gas exemptions. However,...

Oman Issues New Fuel Station Regulations to Boost Sector Growth

The new fuel station regulations in Oman aim to improve safety, raise service quality, and attract more investment into the sector. The Ministry of...

Qatar Signs Landmark Condensate Agreement with Shell for Qatar condensate supply

Qatar condensate supply has taken a major step in energy trade through a long-term deal involving Qatar condensate supply. QatarEnergy signed a strategic agreement with...

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...
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