Articles
Iraq's Khor Mor gasfield reaches production milestone
Project aimed at boosting output to be completed in the first quarter of 2026
Oil prices fall to lowest level since 2021
Asian stocks also extended losses on Friday, falling to the lowest level in two months, on fears of the impact of US tariffs on global economy
Oil prices slump as Opec+ announces surprise output increase
Brent, the international benchmark, declined nearly 6 per cent after the announcement
Taqa and Ewec partner on 1GW gas turbine plant in Abu Dhabi
Taqa will own and manage the plant, including its operation and maintenance
Oil posts third straight weekly gain amid US tariffs and curbs on Iran supply
US to levy 25 per cent tariff on all goods from any country that imports Venezuelan oil starting next week
Acwa Power to stay the course with China as trade war concerns grow
Recent trade disputes and tariffs will not disrupt Acwa Power's business, chief executive says
Trump’s tariffs to raise car prices and disrupt industry supply chains
Move aimed at 'turbocharging domestic car manufacturing' is almost certain to backfire, expert warns
Tesla set for Saudi Arabia launch as European sales collapse
Entry into the kingdom comes at a tumultuous time for the company
Western sanctions relief will not bring big oil firms back to Syria immediately
Interest in the Syrian oil and gas sector maybe limited to smaller companies with a high appetite for risk
Why X is suing India when Elon Musk is cosying up to PM Modi
Content censorship is at the centre of the lawsuit
Sheikh Tahnoon meets Mark Zuckerberg and G42 chief as UAE-US AI talks accelerate
It follows Sheikh Tahnoon’s recent meetings with US tech leaders and high-ranking officials
Saudi Aramco launches direct air capture pilot project in decarbonisation push
The plant, developed in partnership with Siemens Energy, is the kingdom's first carbon dioxide direct air capture
Oil prices climb and gold hits record as Middle East tensions flare
Global stocks gaining amid positive economic data from the US and stimulus talks in China
S&P upgrades Saudi Arabia's credit rating after two years on economic diversification efforts
The ratings agency expects the kingdom's fiscal deficit to widen this year amid a drop in oil prices
Russia needs more than a ceasefire to return to global markets, analysts say
Prospect of a Trump-brokered peace deal with Ukraine has renewed interest but investors remain cautious