Brent crude prices currently at around $71 a barrel put fresh pressure on the kingdom’s finances. Bloomberg Economics ...

Saudi Arabia's PIF has launched a strategic review of The Line, NEOM's $500bn linear city, amid financial constraints and ...

Opec oil output rose in June, led by Saudi Arabia after an Opec+ agreement to raise production. Opec pumped 27.02 million ...

Saudi Arabia runs on two fluids – water and oil. Oil is considered by many to be the country's most important natural ...

Russia has reportedly found the world’s largest crude oil reserve beneath the British Antarctic Territory, a region long ...

Welcome to our live blog tracking the latest news and developments from the Middle East. Stay updated with real-time insights ...

Union Minister Hardeep Singh Puri asserts that India will continue to diversify its oil sources, undeterred by US President Donald Trump's secondary tariff threat.

Carbon dioxide emissions increased 1.1% in 2024 due mainly to a 1.8% increase in emissions from the Asia-Pacific region, ...

TotalEnergies said it expects lower oil and gas prices to hit its second-quarter earnings, but anticipates hydrocarbon production to rise.

As US global dominance wanes and China advances a multipolar world order, Washington's unconditional support for Israel is ...

As the global energy paradigm shifts towards sustainability, Saudi Arabia is redefining its position from an oil powerhouse to a pioneering force in renewable energy. At the heart of this ...

Following the strong response to our 2024 EPC rankings, we compiled a new list by exclusively using OGME reporting over the ...