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Thursday, December 4, 2025
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CATEGORY

Saudi Arabia

Middle East Crude-Benchmarks post monthly declines as abundant supply weighs

Middle East crude benchmark spot premiums in Oman and Murban fell on Friday, while those in Dubai gained and trading surged on the last...

OPEC+ expected to hold oil output policy steady for Q1, sources say

OPEC+ is likely to leave oil output levels unchanged at its meetings on Sunday and to agree on a mechanism to assess members’ maximum...

Fossil fuels shift talks to continue outside Cop

Developed countries struggled to lead, and oil producers pushed back, but a roadmap may emerge away from Cop, write Caroline Varin and Georgia Gratton Edinburgh,...

Spain, re-elected as a member of the IMO Council and Víctor Jiménez will run again for the presidency

Spain has been re-elected as a member of the Council of the International Maritime Organization (IMO), the United Nations multilateral body that regulates international...

Profits of oil giants fall 14%

US-based ExxonMobil, Chevron, ConocoPhillips, Halliburton, Schlumberger and Baker Hughes, Dutch Shell, British bp, French TotalEnergies, Italian Eni, Norwegian Equinor and Saudi Arabia’s national oil...

Africa’s $10 Billion Port Project Restarts

Reuters reported that Tanzania will restart the Bagamoyo port project next month (December). The Bagamoyo port is part of the large Bagamoyo Special Economic...

IMO Assembly meets for first time in two years; 40 member council to be voted upon

The IMO Assembly is holding its 34th session at IMO headquarters in London fro 24 November to 3 December. The Assembly is the highest Governing Body...

ADES wins two-year BSP contract for Compact Driller jackup in Brunei

ADES Holding Company has secured a two-year contract through its wholly owned subsidiary Shelf Drilling for the Compact Driller standard jackup with Brunei Shell...

Mawani, Hizone Logistics to build container logistics park at King Abdulaziz Port in Dammam

The Saudi Ports Authority (Mawani) has signed an agreement with Hizone Logistics to establish a logistics park for container offloading and storage at King...

Inaugural World Sailing Inclusion Championships achieves major entries milestone

World Sailing, the sport’s global governing body, is celebrating a major milestone as over 150 participants representing 37 nations have registered for the inaugural...
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