Category :Oil & Gas

News Oil & Gas

Iraq Prepares to Restart Nationwide Oil Exports as Supply Routes Stabilise

Global Business Magazine May 1, 2026

Iraq Prepares to Restart Nationwide Oil Exports as Supply Routes Stabilise Iraq is preparing to resume oil exports from all major fields Read More

Business Companies GCC Oil & Gas Projects

NMDC Energy Bag Key Projects Worth Over $3 Billion This Year

Global Business Magazine October 28, 2025

NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, on Tuesday said that Read More

Business Companies Middle East Oil & Gas

Dana Gas, Crescent Petroleum Start Gas Sales in KRI

Global Business Magazine October 15, 2025

Crescent Petroleum and the Sharjah-based Dana Gas on Wednesday said that they have started the commercial gas sales from the KM250 gas Read More

Business Asia Pacific Companies Deals GCC Mergers and Acquisitions Oil & Gas

Santos Acquisition off, Says XRG-led Consortium

Global Business Magazine September 18, 2025

The XRG-led Consortium, which has conducted a comprehensive evaluation of its offer to acquire Australia’s oil and gas major Santos, announced Read More

Business Aramco Funding GCC Oil & Gas US

BlackRock’s GIP May Secure Over $10 Billion for Jafura Project

Global Business Magazine September 11, 2025

A group of investors led by BlackRock’s Global Infrastructure Partners (GIP) is in talks with lenders to secure up to $10.3 billion Read More

Business Companies Oil & Gas OPEC World

OPEC+ Countries to Raise Output Again in October

Global Business Magazine September 8, 2025

The eight OPEC+ countries - Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman - which met virtually on Sunday to Read More

Business Aramco Earnings GCC Oil & Gas

Aramco Posts Net Profit of $22.6 Billion in Q2

Global Business Magazine August 5, 2025

Lower revenue and weaker oil prices have impacted the earnings of Saudi Arabia’s Aramco, which is the world's biggest oil exporter, Read More

Business Companies Funding Oil & Gas World

Venture Global Closes $15.1 Billion Funding for LNG Project

Global Business Magazine July 29, 2025

Venture Global, an American producer and exporter of low-cost US liquefied natural gas (LNG), on Monday announced a final investment decision (FID) Read More

Business Companies Earnings GCC Oil & Gas

NMDC Energy Earns Revenue of $2.23 Billion in H1-2025

Global Business Magazine July 23, 2025

Demonstrating its strength and disciplined execution amid challenging market conditions with sustained growth, NMDC Energy, a majority-owned subsidiary of NMDC Group, on Read More

Business Companies GCC Petrochemicals Technology World

Borouge to Open Petchem Sector’s First AI Control Room

Global Business Magazine June 27, 2025

Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, said that it was collaborating with Honeywell to conduct Read More