News

Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the ...
Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed ...
Arabian Gulf Business Insight on MSN1d
Iraq finalises gas ‘swap’ deal with Turkmenistan
Iraq facing power shortfall Iran to continue gas supplies Turkmenistan will supply Iran Iraq has finalised an agreement with Turkmenistan for the supply of gas to fuel its stalled power ...
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iraq and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis ...
Arabian Gulf Business Insight on MSN2d
Iraq’s 2025 budget stymied by tariffs and conflict
Iraq is still haggling over its 2025 budget, more than six months after it was supposed to take effect. The delay is due to oil price fluctuations caused by US president Donald Trump’s planned ...
Indian Oil forecasts stable international oil prices around $65–$70 per barrel, sees limited Russian crude advantage, and ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group ...