International consortium begins gas exploration in Lebanon

The drilling rig arrived at Lebanese waters last week

Suez oil discovery, exploration, part of the drill for Egypt

Need to supply domestic and European markets amid economic crisis   

Egypt oil and gas sector gets boost with new $1.4 bn investment

Will help increase oil production rate by 10 percent

Record-breaking LNG supply deals for Qatar

Qatar secured second place in global LNG exports

$5bn worth of contracts for Ruya, Qatar oilfield

The Ruya field is responsible for approximately 600,000 bpd of the nation’s crude oil production

Kuwait is Qatar’s primary supplier of ship fuel

Kuwait has sent 3 million barrels of fuel oil to Qatar in 2023

Oil prices ease back from recent highs on increased U.S. inventory, economic concerns

Brent Crude slipped slightly from recent highs, settles at $87.59 per barrel

World proven crude oil reserves soar by 17 bn barrels, reaching 1.564 bn

Saudi renews support for OPEC+ precautionary measures

Oxy Oman achieves record-breaking production in Oman’s Block 65

Production reached 6,000 barrels of oil equivalent (BOE) per day

Combatting Egypt’s power outages is losing gas

Zohr's production is currently at 2.3 billion cubic feet per day (bcfd)

India pursues 20-year gas deal: 1 million tons annually from Qatar

India’s GAIL aims to securing new supply contracts by 2030

Saudi Arabia is Japan’s top oil supplier

Japan relies heavily on crude imports

Saudi Aramco’s profits decline in Q2 2023

Q2 net income amounted to SAR112.81 bn

British ambassador to UAE praises COP28

"We think that the UAE is a great country to be hosting it"

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