Saudi Arabia’s state-owned oil company Aramco has signed a non-binding letter of intent (LoI) with a joint venture between Spain’s Técnicas Reunidas and China’s Sinopec for the potential development ...

Halliburton Company reported net income of $534m, or $0.64 per diluted share, for the second quarter of 2026, supported by higher revenue and improved operating income. Adjusted net income, excluding ...

Saudi Aramco’s net profit after minority interest is expected to rise 40% year-on-year to SAR119.6bn ($31.85bn) in the second quarter of 2026, according to AlJazira Capital, a news report cited. The ...

In a tragic turn of events, two individuals have lost their lives following an accident at the Atshana factory of Saudi Chemical Company Limited, located in the northern outskirts of Riyadh. The ...

ADES has added new jack-up rig work in Nigeria and the UK North Sea as it expands its international backlog. ADES wins $229m ...

ADNOC has taken a $6.2bn final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation ...

Abu Dhabi’s XRG is expanding its presence across the Americas, building an integrated energy and industrial platform that extends the UAE’s economic reach and reinforces its role as a long-term global ...

Brent rose to its highest level since June as Middle East fighting kept energy markets on edge. Brent tops $91 as US says Hormuz oil flows continue. brent crude oil, Iran, Middle East, Middle East Wat ...

Iran and Oman could raise $6.8bn a year by imposing transit fees on oil tankers passing through the Strait of Hormuz, according to estimates from Oxford Economics. The two countries have discussed ...

Shell’s investment will support lower-emissions power generation on New Providence. Shell backs Bahamas LNG terminal to ...

Oil markets surged after UAE tankers were hit and Washington reinstated restrictions on Iranian ports. Oil tops $85 as Hormuz ...

BB Energy will receive three crude cargoes as both sides pursue a longer-term settlement. BB Energy secures three South Sudan ...