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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....

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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...

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QatarEnergy and ExxonMobil Begin First LNG Shipments, Strengthening Qatar’s Global Market Role

The partnership between QatarEnergy and ExxonMobil will ship its first cargoes this quarter. This move strengthens Qatar’s position in global LNG markets and diversifies...

Iraq Rises Among Top OPEC+ Producers as Output Set to Reach 4.3 Million bpd

Iraq OPEC production climbs to a leading position as the country secures a top-three ranking under May 2026 quotas. The new figures highlight Iraq’s...

Iraq Oil Exports to US Reach 6.44 Million Barrels Despite Middle East Disruptions

Strong transatlantic energy flows have pushed Iraq oil exports higher as shipments to the United States remained resilient despite regional disruptions. The figures highlight...

Saudi Arabia’s Non-Oil Sector Contracts in March Amid Regional Tensions

Saudi Arabia’s non-oil sector contracted temporarily in March for the first time since 2020. This decline reflected the impact of geopolitical tensions in the...

Iran Allows Iraq Strait of Hormuz Access Amid U.S. Pressure, Escalating Gulf Energy Tensions

Iran has signaled that Iraq will continue using the Strait of Hormuz despite rising pressure from the United States. The move adds a new...

Iran Targets Gulf Energy and Utility Infrastructure, Raising Regional Oil and Economic Security Concerns

Iran widened its regional campaign by striking energy and industrial infrastructure across the Gulf, raising fresh concerns over oil security, utilities, and economic stability....

Oman and Iran Hold High-Level Talks to Secure Strait of Hormuz Amid Rising Regional Tensions

Oman and Iran launched high-level talks to secure the Strait of Hormuz as regional tensions intensify. This corridor remains critical for global oil flows,...

Gulf Diplomacy Intensifies as War Threatens Global Energy Security

Rising geopolitical tensions have pushed energy security talks to the forefront as global leaders respond to growing risks in the Gulf. The latest meeting...

Iraq Opens New Fuel Export Route Through Syria, Boosting Energy Trade and State Revenue

Iraq has launched a new fuel export route through Syria, opening a fresh channel for energy trade and state revenue. The move marks an...

Iraqi Fuel Convoys Enter Syria After Years, Opening New Regional Energy Route

Iraqi fuel convoys entered Syria for the first time in years, signaling a major shift in regional energy logistics. The convoy crossed through the...

Singapore Bunker Imports Decline as Kuwaiti Fuel Shipments Halt Amid Strait of Hormuz Tensions

Singapore bunker imports are declining as fuel shipments from Kuwait have effectively disappeared. The disruption follows escalating regional tensions that have limited access through...

Qatar’s Golden Pass Dilemma: Balancing Contracts and Soaring LNG Prices

QatarEnergy’s joint LNG venture with ExxonMobil, Golden Pass, reached a key milestone by producing its first cargo from the first train of its 18...