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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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Aramco Tells Staff to Evacuate Dhahran Headquarters as Houthi Attacks on Saudi Arabia Intensify

Saudi Aramco has told staff to evacuate its headquarters in Dhahran and work remotely, Reuters and AFP reported on Thursday, as attacks by Yemen's Houthis on the kingdom intensify.

ADNOC’s XRG in Early Talks to Buy Stake in Eni’s Libya Oil and Gas Business, Reuters Reports

XRG, the international investment arm of ADNOC, is in early talks with Eni about a possible stake in the Italian company's oil and gas business in Libya, Reuters reported on Thursday.

Aramco Seeks Access to Foreign Governments’ Strategic Oil Storage and Aims to Double Capacity Abroad

Saudi Aramco is seeking access to strategic oil storage held by foreign governments and aims to double its storage capacity abroad, CEO Amin Nasser said.

81% of Energy Executives Expect AI Power Demand to Beat Forecasts, ADIPEC Survey Shows

Some 81% of energy industry decision-makers expect electricity demand from artificial intelligence to exceed current forecasts, according to ADIPEC's Global Energy Report 2026.

Brent Tops $110 as Houthi Attacks on Shaybah and Dammam Airport Prompt US to Pull Diplomats From Saudi Arabia

Brent crude rose above $110 a barrel in early trade on Thursday after deadly Houthi attacks near Saudi Aramco's Shaybah oil field and on Dammam's airport led the United States to order some diplomats to leave Saudi Arabia.

Two Killed at Aramco’s Shaybah Oil Field After Debris From Intercepted Drone Sets Contractor Vehicle Ablaze

Two foreign workers were killed and two others injured at Saudi Aramco's Shaybah oil field in Saudi Arabia's Eastern Province on Wednesday after air defenses intercepted a drone targeting one of its processing facilities, the energy ministry said.

ENOC and Dubai Municipality Agree to Explore Turning Used Cooking Oil Into Biodiesel

ENOC Group and Dubai Municipality will explore a system to collect used cooking oil from restaurants, businesses and households across Dubai and convert it into biodiesel at ENOC's Jebel Ali plant.

Macron Says France Secured Qatari LNG Equal to 2 Terawatt-Hours a Month for the Winter

French President Emmanuel Macron said France had secured Qatari LNG equal to two terawatt-hours a month for the winter, as Paris seeks to ease energy prices at home.

Saudi Kayan Narrows Third-Quarter Loss to SR94.2 Million as Higher Prices and Provision Reversal Help

Saudi Kayan Petrochemical Company's third-quarter net loss narrowed 72 percent to SR94.2 million as higher selling prices, cost cuts and a provision reversal offset lower volumes.

ADNOC to Unveil New Local Manufacturing Opportunities at October 25 Forum as Offtake Deals Reach AED80 Billion

ADNOC will announce new opportunities to manufacture industrial products in the UAE at the second Make it with ADNOC Forum on October 25, the company said.

Nakilat Nine-Month Profit Slips 1.6% to QAR1.29 Billion as Regional Conflict Weighs on Marine Services

Qatar Gas Transport Company (Nakilat) reported net profit of QAR1.29 billion ($354 million) for the first nine months of 2026, down 1.58% from QAR1.31 billion a year earlier.

First Saudi Aramco Diesel Cargo Arrives in Syria as Tanker Unloads 63,784 Tons at Baniyas

The Syrian Petroleum Company has started unloading the tanker Starling, carrying about 63,784 metric tons of diesel, at the Baniyas oil terminal in the first shipment from Saudi Aramco under an agreement between the two sides.