Category :Oil & Gas

Oil & Gas

The US-Iran agreement stabilises oil markets and diminishes the chances of recession

Global Business Magazine June 27, 2026

Traders noticed this new development as a signal that the worst of the crisis may have passed. It led to a sharp Read More

Oil & Gas Business

Crude is expected to trade above $80 as war fears are integrated into longer-term expectations within global oil markets

Global Business Magazine May 30, 2026

Oil prices are to stay volatile amid concerns over Middle Eastern oil supplies overshadowing diplomatic progress between the US and IranRead More

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