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ADNOC Drilling Expansion into Kuwait and Oman Strengthens Gulf Oilfield Services

ADNOC Drilling expansion into Kuwait and Oman marks a strategic move to grow beyond its home base in the UAE. The company recently signed...

New Oil Discovery in Saudi Arabia and Kuwait Boosts Global Energy Supply

New oil discovery in Saudi Arabia and Kuwait has sparked global attention. Both countries jointly revealed a significant find in the Partitioned Zone. According...

ADNOC Drilling Expansion into Kuwait and Oman Strengthens Gulf Oilfield Services

ADNOC Drilling expansion into Kuwait and Oman marks a strategic move to grow beyond its home base in the UAE. The company recently signed...

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ADNOC Drilling Expansion into Kuwait and Oman Strengthens Gulf Oilfield Services

ADNOC Drilling expansion into Kuwait and Oman marks a strategic move to grow beyond its home base in the UAE. The company recently signed...

Energyhouse Reviews Offer for UAE Subsidiary Stake Amid Kuwait Energy Strategy Shift

Energyhouse, a leading Kuwaiti oil firm, received an offer to sell its UAE-based subsidiary. The subsidiary stake amounts to 92.5 percent of the UAE company. This...

New Oil Discovery in Saudi Arabia and Kuwait Boosts Global Energy Supply

New oil discovery in Saudi Arabia and Kuwait has sparked global attention. Both countries jointly revealed a significant find in the Partitioned Zone. According...

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Iraq’s Budget Needs Oil Price of $92 Per Barrel in 2025

Iraq will need an average oil price of over $92 per barrel to balance its national budget in 2025. According to the International Monetary...

Iraq Pushes Forward with Economic Diversification and Growth Strategy

Iraq is entering a transformative period of economic development, with rising investor confidence and a strong focus on economic diversification. The country is pushing...

Kuwait Boosts Oil Future with Burgan Field Upgrade

Kuwait plans to boost production at the Burgan oilfield to support Kuwait's oil production growth. The country aims to reverse the decline in one of...

Drone and AI technology to transform Saudi Arabia’s oil sector

Saudi Arabia is accelerating its oil industry modernization with drone and AI technology. A new partnership between Aramco and Japan’s Terra Drone is central...

Saudi Aramco Cuts Oil Prices to Asia to Four-Month Low

Saudi Aramco, the world’s largest oil company, lowered the price of its crude oil for Asian buyers in May 2025, marking the lowest price...

OPEC+ Producers to Gradually Increase Output for Market Stability

Eight key OPEC+ countries Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have agreed to gradually increase oil production starting in...

UAE Fuel Price Drop Brings Relief in April

The UAE April fuel prices are now lower, giving drivers across the country a reason to smile. On March 31, officials released the fuel...

Kuwait Oil Prices Drop as Global Crude Prices Slide

Kuwait oil prices drop again, showing how global trends affect local markets. Kuwait's oil price fell by USD 1.06. The price dropped from USD...

Iraq Expands Auto Gas Fueling Network

Iraq is growing its gas-powered vehicle network by opening new auto gas fueling stations in Iraq. The Ministry of Oil announced the launch of...

Uganda Signs Major Oil Refinery Deal with UAE Company

Uganda has taken a big step toward its energy goals by signing a deal with UAE-based Alpha MBM Investments. The agreement gives the company...

Iraq to Boost Oil Refining Capacity to 1.54 Million Barrels Per Day

Iraq is set to increase its oil refining capacity to 1.54 million barrels per day. Prime Minister Mohammed Shia Al-Sudani announced this significant development...

India Secures LNG Supply from Qatar Energy

India is strengthening its energy supply by securing LNG from Qatar Energy Trading. GAIL, the state-owned gas company, will start receiving shipments in April....