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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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Sharjah National Oil Corporation and Equinor Sign Pact to Explore LPG and Downstream Ventures in the UAE

Sharjah National Oil Corporation (SNOC) and Norway's Equinor have signed a memorandum of understanding to explore joint business in liquefied petroleum gas, natural gas liquids and other downstream activities in the UAE.

Gulf Marine Services Nine-Month Revenue Rises 10% Despite $10.1 Million Hit From Gulf War

Gulf Marine Services, the Abu Dhabi-founded offshore support vessel operator, said adjusted revenue rose 10% to $151.8 million in the first nine months of 2026, even as the war in the Gulf cost it an estimated $10.1 million in lost revenue.

UAE, Bahrain and Saudi Arabia to Supply France With Just Over 10% of Its Diesel Needs

French President Emmanuel Macron secured an additional 200,000 tonnes of diesel a month from the UAE and Bahrain during his Gulf tour, the French presidency said on Tuesday.

ADNOC Refining Signs Two Contracts With France’s Technip Energies as Macron Attends Abu Dhabi Business Dialogue

ADNOC Refining and France's Technip Energies signed two contracts covering a refining capacity enhancement project and a sustainable aviation fuel project at the UAE-France Business Dialogue in Abu Dhabi.

Gulf Keystone and ShaMaran Agree $601 Million All-Share Merger to Create Larger Kurdistan Oil Producer

Gulf Keystone Petroleum and ShaMaran Petroleum agreed to merge in an all-share deal valuing ShaMaran at about $601 million, creating an oil producer with 53,000 barrels a day of pro-forma working-interest output in Kurdistan and Federal Iraq.

Qatar’s Energy Minister Meets Iran’s Acting Petroleum Minister in Doha

Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, met Hamid Bovard, Iran's Acting Minister of Petroleum, in Doha on Monday to discuss energy relations and cooperation.

ENOC Says Efficiency Programs Have Saved More Than AED478 Million Since 2014

ENOC Group has generated more than AED478 million in cumulative savings from energy and resource management initiatives since 2014, the Dubai energy company said.

Qatar Plans Two Power Plants in Lebanon and 20-Year QatarEnergy LNG Deal, Reuters Reports

Qatar plans to build two power plants in Lebanon over three years and sign a 20-year LNG supply deal under a draft proposal, Reuters reported on Monday.

Qatar and Singapore Renew LNG Cooperation Pact as Leaders Meet in Doha

Singapore and Qatar have renewed a memorandum of understanding between QatarEnergy and the Singapore government on liquefied natural gas and low-carbon technology.

Iraq’s Oil Exports Top 3.4 Million Barrels a Day in October, Oil Minister Says

Iraq's oil exports have averaged more than 3.4 million barrels per day so far in October, up from 3 million bpd in September, Oil Minister Bassem Mohammed Khudair said on Monday.

Qatar’s Deputy Prime Minister Says Energy Shock From Iran War Has Yet to Peak, Warns Against Hormuz Transit Fees

The economic shock from disrupted Gulf energy supplies has not yet peaked, Qatar's Deputy Prime Minister and Minister of State for Defence Affairs Sheikh...

Iraq’s Prime Minister Orders Oil Ministry Corruption Probe, Pledges Steps to Raise Oil Revenues

Iraqi Prime Minister Ali Falih Al-Zaidi has instructed the Federal Commission of Integrity to pursue corruption cases at the Ministry of Oil and said...