Oil price stares at massive gain amid Middle East crisis
Qatar Energy Minister Saad al-Kaabi stated that if the ongoing conflict forces Gulf energy producers to shut down exports within...
Jordan eyes linking gas field to pan-Arab energy pipeline
From 2015 to 2018, the pipeline was reversed to flow gas from Jordan to Egypt, powered by imported LNG through...
Capex of GCC national oil companies to hit USD 125 billion by 2027: S&P report
Domestic oil typically remains the core focus of capex, but the regional NOCs are also increasing their focus on gas...
In its first meeting of 2026, OPEC+ keeps oil output steady amid geopolitical turmoil
The eight OPEC+ members, Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman, raised oil output targets by...
Israel approves USD 35 billion natural gas deal with Egypt
In 2024, Egypt imported a record 981 million cubic feet per day of natural gas from Israel, registering a 18.2%...