US President Donald Trump has directed the secretary of defense to expand domestic oil production, refining, transportation and storage capacity, Bloomberg’s Asharq Business website reported on October 23. Trump cited...
Kuwait has raised oil production to more than 2 million barrels per day (mmbbl/d) after output fell to nearly zero at the height of the Iran war, Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Al-Sabah said in an...
Türkiye could announce a new oil discovery at its Gabar field in southeastern Türkiye as the country steps up domestic exploration to reduce reliance on imported energy, Energy and Natural Resources Minister Alparslan...
Iraq plans to raise oil production from four Kirkuk oil fields to 450,000 barrels per day (bbl/d) and develop gas output of 500 million standard cubic feet per day (mmscf/d), Oil Minister Basim Al-Abadi said on Octobe...
KBR, the American engineering and technology company, has secured a deal with Aramco, the Saudi energy major, to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. The Marjan is a...
Türkiye is ready to cooperate with Syria in oil and gas exploration, including seismic surveys and exploration drilling both onshore and offshore, Reuters reported, citing Turkish Energy Minister Alparslan Bayraktar. ...
Some oil producers in the Middle East may face difficulties restoring production to pre-conflict levels by the end of 2027, even if regional trade and shipping activity gradually return to normal early next year, acco...
Iraq’s Ministry of Oil has launched drilling operations for a new exploratory well in the northern provinces, marking the first exploration activity in the region since 1978, as part of efforts to expand the country’s...
Libya’s oil production is approaching the 1.5 million barrels per day (mmbbl/d) milestone, according to the National Oil Corporation (NOC), Libya’s state-owned oil company. The NOC announced that crude oil production ...
Crude oil production from the Sinai Offshore Fields has reached its highest daily level since 2017, with output averaging around 27,000 barrels per day (bbl/d), a milestone that underscores the effectiveness of ongoin...