Energy

Energy, UAE
ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand

ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand ADNOC Gas made a record profit of $1.4…

Energy, Saudi Arabia
Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025

Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025 Luberef, a base oil company owned by Saudi…

Abu Dhabi, Energy
Borouge’s Q2 Profit Drops 37% to $193 Million

Borouge's Q2 Profit Drops 37% to $193 Million Abu Dhabi-based petrochemical company Borouge reported a 37.2% drop in its second-quarter profit, earning…

Egypt, Energy
Egypt’s Agiba Petroleum Boosts Production by 4,100 Barrels per Day with New Well

Egypt’s Agiba Petroleum Boosts Production by 4,100 Barrels per Day with New Well Agiba Petroleum Company in Egypt has increased its daily…

Economy, Energy, Saudi Arabia
Saudi Arabia’s Non-Oil Exports Rise 6% in May to $8.3 Billion

Saudi Arabia's Non-Oil Exports Rise 6% in May to $8.3 Billion Saudi Arabia’s non-oil exports grew by 6% in May 2025 compared…

Energy, Iraq, Oil
Iraq Oil Exports Near 99 Million Barrels in June, Earning $6.7 Billion

Iraq Oil Exports Near 99 Million Barrels in June, Earning $6.7 Billion In June, Iraq exported about 98.88 million barrels of crude…

Energy, Iraq
Iraq Signs Deal With US Company SLB to Increase Gas Production at Akkas Field

Iraq Signs Deal With US Company SLB to Increase Gas Production at Akkas Field Iraq’s Ministry of Oil has signed a deal…

Energy, Saudi Arabia
ACWA Power Signs New Deal With Senegal for Desalination Plant After Cost Review

ACWA Power Signs New Deal With Senegal for Desalination Plant After Cost Review ACWA Power, a company from Saudi Arabia, has made…

Abu Dhabi, Energy, Investment
ADNOC to Move 24.9% Stake in Austria’s OMV to Its Investment Arm XRG

ADNOC to Move 24.9% Stake in Austria’s OMV to Its Investment Arm XRG The Abu Dhabi National Oil Company (ADNOC) announced on…