Kuwait’s Oil Production Cut: What This Means for Investors and Businesses in the Gulf Region
Kuwait implemented a precautionary reduction in crude oil production due to ongoing attacks by Iran and threats to shipping in
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Kuwait implemented a precautionary reduction in crude oil production due to ongoing attacks by Iran and threats to shipping in
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OQ Exploration and Production posted RO 1.2 billion revenue in 2025, with EBITDA of RO 941 million (81% margin). CEO
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Opec+ may raise oil output by over 411,000 bpd in response to US-Israeli war on Iran and shipment disruptions via
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Key OPEC+ members, including Saudi Arabia and Russia, agreed to increase oil production quotas by 206,000 bpd starting April, citing
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OQ Exploration & Production SAOG aims to boost hydrocarbon output to 300,000 boe/d by 2030, up from 230,000 boe/d in
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OPEC+ is leaning towards resuming oil output increases from April, aiming to meet peak summer demand amid US-Iran tensions boosting
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The Sultanate of Oman’s refinery production rose 12.5% by December 2025, totaling 84.7 million barrels. Regular motor fuel (M-91) production
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Oman's oil production increased by 0.4% to 333.94 million barrels by November 2025, with daily output at 999,800 barrels. Despite
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The Ministry of Energy and Minerals signed an addendum to the EPSA for Oil Concession Block 5 in Al Dhahirah,
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Saudi Arabia, Russia, and six other OPEC+ members plan a slight oil production hike in a virtual meeting, continuing their
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