Oil
Oil prices climbed by more than 1% on Thursday, almost reversing previous session's losses, as Middle East tensions came back into focus ahead of the US election. Brent crude futures rose 95 cents, or 1.27% to $75.91, while US West Texas Inter..
The General Authority of Customs in Qatar successfully thwarted an attempt to smuggle 2,100 Lyrica pills into the country through Hamad International Airport. The incident highlights the diligent efforts of customs officials to prevent the illegal en..
Officials from the Ministry of Interior (MoI) and Qatar Customs successfully intercepted an attempt to smuggle marijuana into the country on Thursday. The MoI's Police Canine Section initially flagged several suspicious parcels believed to con..
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil reserves estimated at 3.2 billion barrels. KPC's CEO Sheikh Nawaf Saud Nas..
Qatar's non-energy private sector growth moved up a gear in June, according to the latest Purchasing Managers' Index (PMI) survey data from Qatar Financial Centre (QFC) compiled by S&P Global. Output increased at the fastest rate for a..
Saudi Arabia unveils seven new oil and gas discoveries in the Eastern Province and Empty Quarter. Energy Minister Abdul Aziz Bin Salman announced the findings, which include two unconventional oil fields, a reservoir containing light Arabian oil, ..
Captain Jassim Abdullah Al Thani, Assistant Director of Ras Laffan Security Operations and Marine Operations, highlighted the severe consequences outlined in Law No. 8 of 2004 for violations concerning offshore oil and gas facilities. Speaking to Qat..
QatarEnergy has announced the awarding of the four main Engineering, Procurement, Construction, and Installation (EPCI) contract packages related to the next development phase of the offshore Al Shaheen field (Qatar's largest oil field) to increa..
Qatar has agreed to supply Shell (SHEL.L) in Singapore with up to 18 million barrels of oil a year for five years in what the Gulf state's energy company said was its first ever five-year crude sales deal. QatarEnergy said it had agreed with S..
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