MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and insurance sectors, according to the General Authority for Statistics (GASTAT)....
Tag : Oil Production
Oil prices experienced a notable increase on Monday, with U.S. crude rising 3% due to a halt in production from Libya and heightened tensions in the Middle East. The production stoppage comes as Libya's eastern...
The United Arab Emirates (UAE) is poised for accelerated economic growth in 2024, with the real gross domestic product (GDP) projected to surge by 3.9 percent, according to the Spring 2024 Gulf Economic Update (GEU)...
In a significant development for India's energy sector, Oil and Natural Gas Corporation (ONGC) has commenced oil production from its highly anticipated deep-sea project in the Krishna Godavari basin, situated in the Bay of Bengal....