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 and international operations...
Tag : oil
The Gulf’s new capital play
With risks now seen as lower, more investors are willing to compete for opportunities in the Gulf than ever before...
Inside the hidden engine of sanctions
Buyers will face growing compliance risks under the latest American sanctions...
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 around 2.9 million barrels per day in 2025...
Russia’s Arctic power play
For all of Russia’s talk of Arctic dominance, its ability to sustain large-scale Arctic expansion and innovation is in doubt...
Gulf moves beyond oil reliance
With risks now seen as lower, more investors are willing to compete for opportunities in the Gulf than ever before...
Egypt’s non-oil activities witness strongest growth since October 2020
The Egyptian non-oil private sector registered its best upturn in business conditions in over five years in November, which hints at a strong end to 2025...
As Lukoil looks to quit Iraq, country faces new energy conundrum
Lukoil holds a 75% stake in the West Qurna 2 oilfield, while the rest is controlled by the state-owned South Oil Company...
Oil prices dip as Novorossiysk Port resumes loadings
Novorossiysk Port resumed oil loadings on November 16, according to media reports and LSEG data...
Oman sets stage for economic transformation
Moody’s highlighted that Oman recorded a budget surplus of 2.8% of GDP in 2024, alongside low inflation and a current-account surplus...