Kuwait announces the second oil discovery in the offshore area economy
Kuwait Oil Company announced on Monday the discovery of large commercial quantities of hydrocarbon resources in the Julayah offshore field ...
Tag: Oil
Trump intends to declare an emergency to promote oil and gas projects Economy News
An official in the new US administration said on Monday that President Donald Trump will sign an executive order declaring ...
The Syrian Oil Minister reveals tenders to purchase crude oil economy
1/20/2025-|Last updated: 1/20/202507:46 PM (Mecca time)The Minister of Oil and Mineral Resources in the Syrian caretaker government, Ghiyath Diab, revealed ...
Oil in South Sudan, the economic lifeline, is at risk of being clogged economy
The Sudanese war that has been raging for nearly two years has shed light on the oil sector in the ...
Sanctions on Russian oil raise shipping costs economy
Recent US sanctions on the Russian energy sector have caused shipping costs for Russian oil to rise by 25%, while ...
Resignation of the head of the National Oil Corporation in Libya Economy News
1/16/2025-|Last updated: 1/16/202511:29 PM (Mecca time)The National Oil Corporation of Libya announced today, Thursday, that the Prime Minister of the ...
Climate change | The Supreme Court will not hear the oil companies
(Washington) The U.S. Supreme Court announced Monday that it will not hear an appeal from oil and gas companies trying ...
US sanctions on Russia stop oil tankers and raise crude prices economy
The imposition of a new package of US sanctions on the Russian oil sector has had significant impacts on the ...
US sanctions on the Russian oil sector and Gazprom responds economy
Yesterday, the administration of US President Joe Biden imposed the broadest package of sanctions to date targeting Russian oil and ...
Oil exceeds $80 as America escalates its sanctions on Russia Economy News
10/1/2025-|Last updated: 10/1/202509:19 PM (Mecca time)The price of crude oil exceeded $80 per barrel in trading today, Friday, as the ...
