The tiny Middle East sultanate recently unveiled the new bid round with three lucrative onshore exploration tracts on offer, ...

Shares of energy companies ticked up as traders anticipated higher tensions in the Middle East and in trade negotiations. Oil futures fell to their lowest settlement of the year so far, after official ...

U.S. President Donald Trump will reimpose "maximum pressure" on Iran and drive its oil exports down to zero, a U.S. official ...

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

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

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 ...

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

Economic growth in the Middle East and North Africa (MENA) region will accelerate to 2.9% in 2025 from an estimated 2.1% in 2024 amid partial unwinding of oil production cuts, Moody’s Ratings said.

QatarEnergy is expected to be the most active explorer in 2025, participating in 13 high impact wells, according to Westwood Energy’s latest insight on Key Wells to Watch in 2025 ...

Solar energy is gaining traction in the Middle East where multiple countries are investing heavily in the technology.