The increase comes as the kingdom is reeling from negative effects of lower oil prices and production boosts from OPEC+ under ...

Accessing profitable export markets presents a challenge for Kazakhstan’s burgeoning – and likely profitable – oil and gas ...

With mega-projects gaining global attention, the Kingdom is fast becoming a promising market for energy, water, and smart ...

Azerbaijan’s energy ambitions are shifting from oil to offshore wind and hydrogen—opening new opportunities for NATO and energy security.

This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors reliable revenue.

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Delegation led by the First Deputy Minister of Defense of the Republic of Azerbaijan – Chief of the General Staff of the ...

With an annual capacity of up to 5 million tons, the pipeline also remains a strategic alternative for Kazakhstan, especially ...

That's because the pipelines that could be used to carry the oil on land, such as Saudi Arabia's East-West pipeline, they don't have nearly enough capacity. “Most volumes that transit the strait have ...

A US attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

Bypassing the strait Both Saudi Arabia and the United Arab Emirates have established oil pipelines that could bypass the Strait of Hormuz if it is closed or compromised.