SPA with Indian Oil involves the export of up to 1.2 million tpa of LNG to be sourced from the company’s Das Island ...

The Middle East will again dominate front-page ... drill” strategy urging U.S. oil and gas companies to ramp up production, are increasing pressure on OPEC+. Without a clear overall strategy ...

Saudi deep tech and AI pioneer nybl has announced a technology collaboration with US-based global energy company NOV, to enhance AI offerings to the oil & gas industry and advance upstream production ...

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil ...

KOC last year unveiled a giant oil and gas discovery within its Al-Nokhatha offshore field, east of the Kuwaiti island ... Kuwait’s oil production capacity currently stands at 2.9 million ...

Crude oil futures climbed to a two-week high Tuesday, as concerns over sanctions on Russian and Iranian oil supplies as well as rising Middle East tensions outweighed worries that a potential trade ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

The rally came as investors weighed the potential for renewed instability in the Middle East, a region responsible for nearly one-third of global oil production. Concerns over escalating conflict ...

The industrial production index for December 2024 showed a 0.4 percent year-on-year decrease in the mining and quarrying ...

ABU DHABI, Jan 17 (Reuters) - The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended oil production cuts, it said on Friday in ...

ERBIL, Kurdistan Region - The Iraqi parliament on Sunday voted to amend the federal budget bill in a major step that is ...