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Published on Feb 2, 2025

Opec & the world’s oil market: Past, present, and the future

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are Iran, Iraq, Saudi Arabia, Kuwait, and Venezuela. It is a permanent intergovernmental organisation. The …

Source: Oman Observer - Gov't Propaganda
Published on Feb 2, 2025

Kuwait equities outperform GCC and global markets, says report

Kuwait equities outperformed global and GCC markets driven by the anticipation of strong earnings of banking stocks and the increased deal activity in the energy and real estate sectors, with most sectors closing the month in positive territory, according …

Source: Trade Arabia - Neutral
Published on Feb 2, 2025

Iraq exports 97 million barrels of oil to South Korea in one year

Baghdad (IraqiNews.com) – Korea National Oil Corporation (KNOC), the national oil and gas company of South Korea, revealed on Sunday that the country imported 97 million barrels of oil from Iraq in 2024. Data revealed by KNOC indicated that Saudi Arabia …

Source: Iraqi News - Uncategorized
Published on 04:25 GMT

Chris Wright confirmed as US Energy Secretary

Chris Wright was confirmed as Secretary of Energy on Monday, putting the founder of an oil and gas fracking services company in charge of an agency that will play a key role in President Donald Trump’s plans for a sweeping overhaul of US energy policy. Mr …

Source: The National News - Pro-Government
Published on Feb 2, 2025

$3B volume of trade exchange bet. Egypt and Kuwait

CAIRO – 2 February 2025: The trade exchange between Egypt and Kuwait reached approximately $3 billion in 2023, according to a statement from the Ministry of Investment and Foreign Trade. Key traded commodities include cables, display screens, food products …

Source: Egypt Today - Gov't Propaganda
Published on Feb 4, 2025

What is a sovereign wealth fund and why is Trump creating one now?

Donald Trump has signed an executive order directing the US treasury and commerce departments to create a sovereign wealth fund. Treasury secretary, Scott Bessent, and Howard Lutnick, the nominee for commerce secretary, will lead the effort. “We have …

Source: The Guardian - Center-left
Published on Feb 2, 2025

Markaz: Kuwait equities outperform GCC and Global markets

(MENAFN- TRACCS) Kuwait, 02 February 2025: Kuwait Financial Centre “Markaz” released its Monthly Market Review report for January 2025. Kuwait equities outperformed global and GCC markets driven by the anticipation of strong earnings of banking stocks and …

Source: MENAFN - Uncategorized
Published on Feb 4, 2025

What is Trump's planned sovereign wealth fund and how could it buy TikTok?

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our …

Source: The Independent - Center-left
Published on Feb 2, 2025

Kuwait's KPC Announces LNG Prices For Feb.

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Feb 2 (KUNA) -- Kuwait petroleum Corporation (KPC) announced on Sunday its new liquefied natural gas (LNG) prices, namely propane and butane, for February. In a press release sent to KUNA, the KPC added that a …

Source: MENAFN - Uncategorized
Published on Jan 31, 2025

This Country’s Military Reserve Force Is Big Enough to Be Its Own Army

Military U.S. Department of Defense / Public Domain / Flickr 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 …

Source: 24/7 Wall St. - Neutral
Published on Jan 31, 2025

How new foreign ownership rules will affect Kuwait's banks

Kuwait’s decision to allow foreign ownership of local banks will woo investments, lower the cost of capital and boost stock market inflows as the country is set to be upgraded to emerging market status by MSCI, analysts said. The Arabian Gulf country’s …

Source: The National News - Pro-Government
Published on Jan 31, 2025

Kuwait's project awards surge 44% in 2024 to hit $6.5bln

Kuwait's project awards witnessed solid growth in 2024 which jumped to KD2.7 billion ($6.5 billion), up 44% over the previous year; its highest figure since 2017, according to a report by National Bank of Kuwait. Of the total project awards, the lion…

Source: Zawya - Uncategorized
Published on Jan 31, 2025

Kuwait Names CEO and CFO for New Dubai-Based Oil Trading Arm

(Bloomberg) — Kuwait Petroleum Corp.’s oil trading unit appointed company veteran Abdullatif Almukhaizeem as chief executive officer, taking the division closer to starting operations just as a clutch of Gulf state-run majors are expanding in the industry. …

Source: Financial Post - Center-right
Published on Feb 1, 2025

KPC: Kuwait Crude Oil Drops USD 1.05 To USD 79.79 Pb

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Feb 1 (KUNA) -- The Kuwaiti crude oil price shed during Friday's trading to reach USD 79.79 per barrel (pb), compared with USD 80.84 pb the day before, Kuwait petroleum Corporation (KPC) said Saturday. Brent …

Source: MENAFN - Uncategorized
Published on Jan 31, 2025

Qatar records 8-fold jump in contracts in oil; total contracts award at $19bln in 2024

Qatar - Qatar witnessed an almost eight-fold jump year-on-year in contracts in the oil sector, leading the total value of contracts awarded in the country reach about $19bn in 2024, according to Kamco Invest, a regional economic thinktank. The total value …

Source: Zawya - Uncategorized
Published on Feb 4, 2025

Cequence Security Triples ARR in MEA, Achieves Record Customer Wins & Strengthens Leadership Ahead of LEAP 2025

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Cequence Security, a pioneer in API security and bot management, today announced significant momentum in the Middle East and Africa (MEA) region, driven by rapid customer adoption, strategic …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on Jan 30, 2025

Kuwait's KNPC plans 20 new fuel stations

KUWAIT CITY - Kuwait National Petroleum Company (KNPC) intends to boost its annual profits by increasing the number of car fuel stations to augment its sales of gasoline in the local market to reach about six million liters by 2027. Sources said the …

Source: Zawya - Uncategorized
Published on Jan 31, 2025

Qatar Records 8-Fold Jump In Contracts In Oil Total Contracts Award At $19Bn In 2024: Kamco Invest

(MENAFN- Gulf Times) Qatar witnessed an almost eight-fold jump year-on-year in contracts in the oil sector, leading the total value of contracts awarded in the country reach about $19bn in 2024, according to Kamco Invest, a regional economic thinktank. The …

Source: MENAFN - Uncategorized
Published on Feb 3, 2025

Explainer-What is a sovereign wealth fund?

(Reuters) - President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund for the United States. WHAT IS A SOVEREIGN WEALTH FUND? Sovereign wealth funds are investment …

Source: Yahoo Finance - Label Pending

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Published on February 5, 2025 - 12:54 GMT

Oil Condition Monitoring Market to Cross USD 2.37 billion by 2032 | SNS Insider

The growth of the Oil Condition Monitoring market is driven by rising industrial automation and the increasing adoption of predictive maintenance. AUSTIN, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Market Size & Industry …

Distribution channels: Technology ...
Published on February 4, 2025 - 13:49 GMT

Onshore Oil and Gas Market will Skyrocket by 2032 and Reach Huge Market Size of 1800.0 USD Billion

As demand for energy continues to grow, onshore oil and gas market remains crucial for energy security, mainly in countries rich in reserves and infrastructure. NY, UNITED STATES, February 4, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Electronics Industry ...

Published on February 5, 2025 - 06:40 GMT

Leading Factor Driving the Marine Lubricants Market in 2025: Increased Demand For Bio-Based Lubricants Fuels Growth

Marine Lubricants Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – …

Distribution channels: Business & Economy, Companies ...
Published on February 5, 2025 - 08:30 GMT

[Latest] Global Natural Gas Storage Market Size/Share Worth USD 16,118.91 Million by 2034 at a 4.19% CAGR: Custom Market ...

Austin, TX, USA, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Natural Gas Storage Market Size, Trends and Insights By Storage Type (Underground, Floating, Others), By Application (Residential, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on February 4, 2025 - 10:30 GMT

Asia Pacific Surf Market Projected To Witness Substantial Growth, 2025-2032 | Airborne Oil & Gas B.V, TechnipFMC plc

According to a study by Coherent Market Insights, and is expected to grow at a CAGR of 12.5% in terms of revenue over the forecast period (2025-2032). BURLINGAME, CA, UNITED STATES, February 4, 2025 /⁨EINPresswire.com⁩/ -- Asia Pacific Surf Market …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 05:54 GMT

Drill Pipe Market Expected to Reach $2.2 Billion & Growing at a CAGR of 5.4% from 2022 to 2031

significant growth, supported by increasing oil and gas exploration activities, technological advancements, and strategic initiatives by key industry players WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- The global drill …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on February 5, 2025 - 16:15 GMT

Mojo AI Selected as Darcy Partners Tech Pioneer

Mojo AI has been selected as a Technology Pioneer by Darcy Partners, a consortium of the largest oil companies in the world. SALT LAKE CITY, UT, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Mojo AI has been selected as a Technology …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 5, 2025 - 05:46 GMT

Interlocutor in Greater Sunrise Discussions, Agio Pereira, Meets with INPEX Oil Representative

Wed. 05 of February of 2025, 08:43h The Minister of the Presidency of the Council of Ministers and Interlocutor in the Greater Sunrise discussions, Agio Pereira, met on February 4th, 2025, at the Government Palace, with the representative of the Japanese …

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Published on February 5, 2025 - 20:20 GMT

Agenda Reveal For The 5th Annual Oilfield Water Markets Conference In DFW (May 6-7, 2025)

Data Forecasts. Panels On Pressure, Long Haul Disposal, Data Centers, Financing & More. 3 Drinks Receptions. E&P Roundtables. CEO Fireside Chats. Pickleball! IRVING, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- An action- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 20:05 GMT

Trade Technologies Posts Record Results for 2024

Trade Technologies Sets New Benchmarks for the Trade Digitization Journey. AUSTIN, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- For over 20 years, Trade Technologies has provided technology and services to automate and digitize …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on February 5, 2025 - 19:25 GMT

BWL Professional Bid Services Ltd Named Best Bid & Tender Services Provider 2025 in Global 100 Awards

BWL Professional Bid Services Ltd, a key subsidiary of the BWL Group, has been honored as the Best Bid & Tender Services Provider 2025. DUBLIN, IRELAND, February 5, 2025 /⁨EINPresswire.com⁩/ -- BWL Professional Bid Services Ltd, a key …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on February 5, 2025 - 17:58 GMT

Virtue Solar: Separating Fact from Fiction for Virginia Solar Customers

Solar energy can be beneficial and financially rewarding, but consumers need to avoid the pitfalls. CHARLOTTESVILLE, VA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Virtue Solar, a leading solar installation company based in …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 5, 2025 - 17:56 GMT

Stationary Battery Storage Market to Reach $221.9 Billion, Globally, by 2033 at 9.5% CAGR: AMR

Global market grows with advances in lithium-ion tech, policy support, and shifting energy needs, enabling cost-effective large-scale storage. WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published …

Distribution channels: Electronics Industry, Energy Industry ...
Published on February 5, 2025 - 17:54 GMT

Affinity Group Publishing Spotlights Latest News on Mexico, Canada, China Tariffs

Explore thousands of news articles on global trade tensions, and other trending news, labeled by political bias WASHINGTON , DC, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- With President Donald Trump's recent announcement of …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on February 5, 2025 - 17:43 GMT

Nachhaltige Lösungen für Kühlwassersysteme senken Wasserverbrauch und Kosten drastisch

Nachhaltige Lösungen für Kühlwassersysteme senken Wasserverbrauch und Kosten drastisch HEIDELBERG, GERMANY, February 5, 2025 /⁨EINPresswire.com⁩/ -- Als ein CleanWater-Tech-Pioneer revolutioniert BlueActivity die Wasserbehandlung, indem erstmalig …

Distribution channels: Chemical Industry, Energy Industry ...
Published on February 5, 2025 - 17:00 GMT

PowerPatent Unveils Advanced AI Solutions for Chemical Patent Drafting

PowerPatent's new AI tools streamline chemical patent drafting, offering robust protection with innovative features. PHILADELPHIA, PA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- PowerPatent, a leader in patent drafting and …

Distribution channels: Business & Economy, Energy Industry ...
Published on February 5, 2025 - 16:15 GMT

nZero Group ready for growth in Low Carbon Solutions and Carbon Capture business it secures senior specialist

Mike Shepherd appointed to lead the nZero Group’s business development initiatives across the emerging energy transition market for CO2 and H2 measurement. ELLESMERE PORT, CHESHIRE, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- nZero …

Distribution channels: Business & Economy, Chemical Industry ...
Published on February 5, 2025 - 16:15 GMT

Mojo AI Selected as Darcy Partners Tech Pioneer

Mojo AI has been selected as a Technology Pioneer by Darcy Partners, a consortium of the largest oil companies in the world. SALT LAKE CITY, UT, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Mojo AI has been selected as a Technology …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 5, 2025 - 15:39 GMT

[Latest] Graphene Market is Projected as the Fastest Growth Opportunities by 2028

The global graphene market size was valued at $0.3 billion in 2023, and is projected to reach $1.4 billion by 2028, growing at a CAGR of 34.6% from 2024 to 2028 WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Electronics Industry, Energy Industry ...
Published on February 5, 2025 - 15:15 GMT

Freen OÜ to Represent Estonia at Hannover Messe 2025

Freen OÜ, an Estonian leader in metalwork and renewable energy solutions, will showcase at Hannover Messe 2025 on the joint stand with Enterprise Estonia (EIS). KOHTLA-JäRVE, ESTONIA, February 5, 2025 /⁨EINPresswire.com⁩/ -- Freen OÜ, Estonian …

Distribution channels: Conferences & Trade Fairs, Energy Industry ...
Published on February 5, 2025 - 14:17 GMT

Ocean Economy Market is Probable to Influence the Value of US$ 3,782.96 Billion With a CAGR of 6.8% Projected by 2034

The growing approval of coastal and marine tourism is driving the market demand. NEW YORK CITY, NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Our ocean economy market report has been prepared using advanced methodologies and research …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 14:00 GMT

ReElement Technologies and Novare Announce Partnership to Build Critical Minerals Refining Facility in Africa

The partnership will establish Africa’s first fully integrated critical mineral refining platform employing local talent FISHERS, IN, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- ReElement Technologies Corporation (“ReElement”), a …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on February 5, 2025 - 13:30 GMT

Simon Chassar Joins EmberOT Industrial Security Startup as Advisory Board Member

Security Visionary and Former Claroty & NTT CRO Joins EmberOT to Drive Innovation in Critical Infrastructure Protection CHANDLER, AZ, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- EmberOT, a leading provider of industrial asset and …

Distribution channels: Building & Construction Industry, Chemical Industry ...
Published on February 5, 2025 - 13:11 GMT

Energy Storage Systems Market Size To Reach USD 542 Billion by 2032, Growing At CAGR of 9.2%

The Energy Storage Systems Market was valued at USD 230 Bn and is expected to grow to USD 542 Bn in 2032. Between 2023 and 2032, at a CAGR of 9.2%. NEW YORK, NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- The global Energy Storage …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:10 GMT

Small Modular Reactors (SMRs) Market is Estimated to Skyrocket with 23.16% CAGR by 2032

NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to latest market research report released by Wise Guy Reports small modular reactors smrs Market Size was estimated at 4.6 (USD Billion) in 2023 and it is expected to grow from 5 …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:10 GMT

Nickel Iron Alkaline Battery Market is Projected to Grow with Remarkable CAGR and Market Size

Nickel iron alkaline battery market CAGR (growth rate) is expected to be around 3.49% during the forecast period (2024 - 2032). NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research report released by …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:10 GMT

Direct Methanol Fuel Cell DMFC Market is Forecasted to Grow with 16.03% CAGR by 2032

With the growing demand for clean, efficient, and sustainable energy solutions, Direct Methanol Fuel Cell DMFC market is positioned for substantial growth. NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to latest market …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:09 GMT

Direct Drive Wind Turbine Market is Projected to Hit Market Size 20.5 (USD Billion) by 2032 with 7.51% CAGR

Direct Drive Wind Turbine market has seen steady growth driven by increasing investments in renewable energy infrastructure and supportive government policies. NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Energy Industry ...