Saipem has recently won new offshore contracts in the Middle East and Guyana worth 720 million dollars. The first contract ...

Adnoc Gas is likely to spend upwards of $5 billion to execute three projects involving P5 long-term facilities ...

Saipem wins contracts worth $720 mln in Middle East and Guyana. Find the latest news from the maritime industry on the PortNews website.

A combination of newly imposed tariffs by the US and plummeting oil prices has caused a major decline in stock markets in the Middle East. Tadawul’s decline (by 6.78 percent) was the biggest ...

The world economy is changing rapidly, and so is the Middle East. A resource-rich and strategically situated region, ...

Stock markets across the Middle East, including the UAE, cratered on Monday, reeling from the dual blows of aggressive US tariffs and a precipitous drop in oil prices in a dramatic unravelling ...

Japan’s dependence on oil from the Middle East has risen to a record level at a time when global oil markets are haunted by Russia’s war in Ukraine and the Israel-Hamas conflict. Today ...

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...