According to the Fitch Ratings forecast for FY 2025, assuming a resumption of borrowing, 30% of Kuwait’s deficit would be ...

A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

The Middle East and North Africa region navigates the future of energy by balancing its traditional dominance in oil and gas ...

China announced a discovery of 427 million metric tons of oil reserve in the Sanmenxia Basin, setting an example for the oil and gas exploration of small and medium-sized basins nationwide, China ...

The former US President Joe Biden administration’s focus on alternative energy and reducing reliance on fossil fuels over its ...

The government has approved the budget for the next fiscal year starting from April 1, with total revenues estimated at KD 18 billion and total expenses at KD ...

The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

With a population of around 4.45 million as of 2022, Kuwait is a Western Asian country near the Persian Gulf. It is an oil-rich nation with beautiful cityscapes, scorching heat, and significant ...

BAGHDAD - The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general of the company, said ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Military reserve forces in the Middle East make up an important component of any army within the region. These units provide additional manpower and capabilities to regular military forces, should the ...