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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....
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Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

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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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AI And Global Shipping Help Avoid Major Hormuz Supply Crisis

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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....

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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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European Gas Prices Spike 35% After Iran Strikes Qatar LNG Hub

European gas prices surged sharply after Iran launched strikes on key energy facilities in the Gulf. The escalation has raised serious concerns about global...

Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...

Iran Strikes Qatar Refinery, Escalating Gulf Energy Crisis

Iran hits Qatar refinery in a major escalation of the regional conflict, raising immediate concerns over energy security and regional stability. The attack has...

Iraq–Kurdistan Oil Dispute Escalates Amid Regional Instability

The Iraq–Kurdistan oil dispute has intensified after Kurdish authorities refused to restart exports through the northern pipeline to Turkey. The disagreement comes as regional...

Indian Navy Escorts Oil Tanker Amid Gulf Tensions

Rising tensions in the Middle East have pushed energy security into the spotlight as an Indian oil tanker sails home under naval protection. The...

UAE Oil Production Plummets Amid Strait of Hormuz Crisis

UAE oil production has fallen by more than 50% following recent regional tensions. The conflict with Iran and the effective closure of the Strait...

UAE’s Fujairah Port Reopens Amid Strait of Hormuz Tensions

Fujairah oil port resumed operations on Sunday after drone debris caused fire and disruption the day before. Fujairah oil port is now crucial to...

Iraq Faces Fiscal Shock as Oil Exports Collapse During Gulf Conflict

A sudden drop in crude shipments now threatens Iraq’s economic stability. The Iraq oil crisis has raised serious concern among economists and policymakers. Iraq...

BGC Confirms Energy Infrastructure Stability Despite Tanker Strikes

Basra Gas Company (BGC) confirmed today that its primary facilities remain fully operational following a high-profile maritime incident. In the early hours of Thursday,...

QatarEnergy Halts LNG Exports Amid Strait of Hormuz Freeze

QatarEnergy recently halted all operations at its massive LNG production complex this Wednesday. Data confirms that no shipments have left the country for five...

Oil Prices Drop Sharply as Kuwaiti Crude Falls to $113

The price of Kuwaiti crude oil declined sharply this Tuesday as global markets reacted to shifting supply expectations. Data from the Kuwait Petroleum Corporation...

Kuwait Oil Company Triggers 30% Workforce Rotation

The Kuwait Oil Company (KOC) transitioned to an emergency "30% workforce" model this Tuesday. This precautionary measure aims to protect personnel during the ongoing...
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