Brent crude futures are trading in the low $90s as escalation in the Gulf enters a tenth consecutive day, with renewed threats to both the Strait of Hormuz and the southern Red Sea adding pressure to ...

Petrojet and Enppi have secured a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO). According to Construction Week, the agreement ...

Halliburton Company reported net income of $534m, or $0.64 per diluted share, for the second quarter of 2026, supported by higher revenue and improved operating income. Adjusted net income, excluding ...

Saudi Aramco’s net profit after minority interest is expected to rise 40% year-on-year to SAR119.6bn ($31.85bn) in the second quarter of 2026, according to AlJazira Capital, a news report cited. The ...

Abu Dhabi’s XRG is expanding its presence across the Americas, building an integrated energy and industrial platform that extends the UAE’s economic reach and reinforces its role as a long-term global ...

ADNOC has taken a $6.2bn final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation ...