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Kuwait expands oil, gas strategy with overseas ventures, new projects

Kuwait expands oil, gas strategy with overseas ventures, new projects uwait is actively seeking international collaboration to accelerate the development of its recently announced offshore oil and...

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Libya: Oil production resumes at Sinawen field after more than three years

Libya: Oil production resumes at Sinawen field after more than three years   Arabian Gulf Oil Company (AGOCO) announced the resumption of crude oil production at the Sinawen oil field, located...

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Saudi Aramco achieves significant progress in its gas production plan

Saudi Aramco achieves significant progress in its gas production plan Saudi Aramco has announced the achievement of significant progress in its plan to expand gas production, with the start of...

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QatarEnergy wins Libya offshore exploration license

QatarEnergy wins Libya offshore exploration license QatarEnergy won an offshore exploration license in the State of Libya following the conclusion of the “Libya Bid Round”, marking...

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Mubadala Energy completes the acquisition from Eni of a 15% interest in Egypt’s Nargis Concession

Mubadala Energy, the Abu Dhabi headquartered international energy company, announces that it has completed the acquisition from Eni of a 15 percent participating interest in the Nargis Offshore Area...

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Kuwait readies $7 billion pipeline deal as Gulf turns to foreign capital

Gulf governments are stepping up infrastructure deals with foreign investors, with Kuwait set to ​launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7...

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Iraq Says Gas Flaring to Reach Zero by End-2028

Iraq’s Prime Minister Mohammed Shia al-Sudani stated on Saturday that the government is moving forward with the development of clean and renewable energy sectors. Speaking at the opening of the...

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Libya signs 25-year oil deal with TotalEnergies and ConocoPhillips

Libya signed a 25-year oil development agreement on Saturday ​with France’s TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion ‌in foreign-financed investment,...

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Oil demand to hold above 100 million bpd through 2040, says ADNOC CEO

The head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per day through 2040, while demand for both liquefied natural gas (LNG) and electricity...

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QatarEnergy and EGAS sign agreement to supply up to 24 LNG cargoes to Egypt for the summer of 2026

Qatar to supply Egypt with LNG QatarEnergy and EGAS sign agreement to supply up to 24 LNG cargoes to Egypt for the summer of 2026 QatarEnergy signed a Memorandum of Understanding (MoU) with the...

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