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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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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....

Qatar to Send Gas to Syria with U.S. Approval

Qatar is preparing to supply natural gas to Syria through Jordan to support the country’s struggling power sector, according to three sources familiar with...

Kuwait Aims to Boost Oil Production and Develop Durra Gas Field

Kuwait has unveiled a strategic initiative to enhance its oil production capacity and develop the Durra gas field, despite ongoing territorial disputes with Iran....
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