Browsing: Middle East energy

Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton for the Bin Omar and Sindbad oil fields in Basra province, Iraq’s Ministry of Oil said. The agreement covers field management work aimed at raising crude oil

ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company said it generated $572 million in free cash flow and ended March with $4.2 billion

MENA Newswire, CAIRO: Egypt has signed two memoranda of understanding with Syria to export natural gas and petroleum products, Egypt’s Ministry of Petroleum and Mineral Resources said on Monday. The agreements, concluded between the petroleum ministries of both countries, set out

PARIS, November 12, 2025: Global demand for oil and gas will continue rising for at least the next quarter century unless governments make significant policy changes, the International Energy Agency (IEA) said in its World Energy Outlook 2025 released on