Kuwait is planning to expand its oil production capacity by up to 40 percent, despite a bearish outlook for global demand and ...

BP and Iraq will sign a major deal for Kirkuk oil fields, aiming to increase production by 150K bbl/day with a more favorable ...

The volume of investment and direct trade exchange between Kuwait and Oman reached 1.26 billion Omani riyals in 2023, while ...

Kuwait-listed Heavy Engineering Industries & Shipbuilding Co. (Heisco) has secured a new credit facilities agreement for up ...

ADNOC's internationalization strategy, through shipping, downstream investments, and lower-carbon initiatives makes it a ...

Adnoc’s global expansion through the creation of ventures will present opportunities for its subsidiary, Adnoc Drilling, ...

Robust global demand and restrained supplies will support oil prices in the future, propelling the energy sector’s growth ...

An oil company in Alaska has begun producing oil from a new drill site on the North Slope. ConocoPhillips said last week that it had launched production at its Nuna project. Nuna is expected to ...

and the company managed strong shareholder returns while reducing its net debt. The variance quarter to quarter is highly susceptible to oil and natural gas prices. The company is planning to ...

Kuwait is geographically located in the trijunction of Saudi Arabia, Iran and Iraq. Kuwait historically has had a very different relationship with India. Apart from oil, Kuwait has always also ...

Oil prices in 2024 were heavily influenced by Chinese demand and Middle East tensions, while US shale producers consolidated and remained cautious about production growth. Natural gas demand ...