Energy

Oil and services grow UK GCC trade to $83 bn

UK-GCC trade rose by more than 70% in FY2022-23

OPEC+ meeting on Friday, no changes in production

USA on the verge of experiencing its largest decline in oil inventories

Energy takes center stage with $30 bn Türkiye-Gulf deal

Türkiye signed lately agreements with the UAE worth an estimated $50.7 bn

Oil prices set to record largest monthly gains in over a year

Saudi to extend voluntary output cuts, tightening global supply

UAE to announce August oil prices amidst global price hikes

Globally, prices have increased around $10 in the past month

KSA new mining hub following Vale deal

KSA secures a 10 percent share in Vale

Saudi hunts for critical minerals in energy transition

Ma'aden and Ivanhoe Electric to explore for minerals in Arabian Shield

Oil prices stabilize awaiting FED interest rate decision, US stockpiles report

Oil benchmarks climbedOil steadily for four weeks in a row

Aramco acquires 10 percent stake in China’s Rongsheng Petrochemical for $3.4 bn

Saudi to supply 480,000 BPD of crude to Rongsheng's China-based complex

Global energy demand to rise 23 percent by 2045

Industry leaders to discuss $12.1 tn in new investments

Humans pump so much groundwater that we may no longer have 4 seasons

Earth’s rotational axis tilted east by more than 78.7 cm

Kuwait aims to increase oil production

Kuwait aims to solidify its position as one of the top producers within OPEC

Saudi, Japan sign energy agreement

Trade volume of $47.489 billion recorded in 2022 between KSA and Japan

Saudi, MENA top customers of Russian oil

Reports indicate that Saudi Arabia purchased 193,000 barrels per day this month

Kuwait to invest $300 bn in energy sector until 2040

Country aims to increase oil production to 3.2 mn BPD by 2024

Saudi Energy Minister: We reduce production out of need

OPEC International Seminar begins amid widespread anticipation

OPEC International Seminar touches on market stability, investment challenges

Al Mazrouei emphasizes the importance of the "central role" of OPEC and OPEC+ in market stability

Economic headwinds outweigh supply cuts, depress oil prices

Prices initially rose on Monday following the announcement of supply cuts

Egypt’s new petrochemical refining part of $19 bn 15-year investment project

Egypt’s petrochemical exports jumped 23 percent in 2022

Saudi, Russia, extend voluntary oil production cuts in August

Supporting the stability and balance of oil markets.

To avoid recurrence of energy shortages, China doubles down on gas imports

Rystad Energy expects LNG imports to rise to 138 million tons in 2033