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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.

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.

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 Expands LNG Fleet with New Carrier Construction in South Korea

Nakilat has started building eight new liquefied natural gas (LNG) carriers at Hanwha Ocean Shipyard in South Korea. This step is part of Qatar’s...

Qatar’s LNG Expansion: A Strategic Move Towards Global Leadership

Qatar is set to expand its liquefied natural gas (LNG) production by 85%, targeting 142 million metric tons per annum (MTPA) by 2030. This...

Iraq Implements Measures to Prevent Summer Power Outages

The Iraqi Ministry of Electricity has announced a comprehensive plan to prevent power outages this summer, following disruptions in gas supplies from Iran. The...