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  Local
American Aggression launches three airstrikes on Al-Tahreer District, Sana'a Airport
[28 March 2025]
American Aggression launches seven airstrikes on Al-Safra, al-Salem Districts in Saada
[28 March 2025]
Archaeological Center demands return of looted artifacts, condemns destruction of heritage
[28 March 2025]
Sana'a: Bani al-Harith tribes send Eid convoy to frontline fighters
[28 March 2025]
US aggression launches series of raids on capital Sana'a
[28 March 2025]
 
  International
The Awakening" - New Novel by French Author Laurent Gounelle
[28 March 2025]
Palestinian Minister of Religious Affairs: Israeli Enemy refuses to hand over Ibrahimi Mosque for Fourth Consecutive Friday
[28 March 2025]
Israeli Enemy releases 30 Palestinian Prisoners from its jails
[28 March 2025]
70,000 Worshippers perform prayers at Al-Aqsa despite Israeli Restrictions
[28 March 2025]
Israeli enemy airstrikes in Khan Yunis kills two
[28 March 2025]
 
  Reports
National day of resilience.. Yemen making history with indomitable will: Report
[27 March 2025]
Lebanese reject US efforts to drag Beirut into normalization with Israeli enemy
[27 March 2025]
On Tenth Anniversary of Aggression… Yemen Confronts America & Strikes Heart of Zionist Entity
[26 March 2025]
By Targeting Al-Rasool Al-Azam Hospital in Sa'ada… American Aggression Crushes Cancer Patients’ Hopes & Their Right to Life
[26 March 2025]
American Aggression Against Yemen: Proxy War for Zionist Entity & Defense of Genocidal Crimes
[26 March 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[26 March 2025]
US-Saudi-Emirati crimes on this day in history
[25 March 2025]
US-Saudi-Emirati crimes on this day in history
[24 March 2025]
US-Saudi-Emirati crimes on this day in history
[23 March 2025]
US-Saudi-Emirati crimes on this day in history
[22 March 2025]
  Economy
Arab Country Tops Largest 5 Oil Deals of 2025
Arab Country Tops Largest 5 Oil Deals of 2025
Arab Country Tops Largest 5 Oil Deals of 2025
[Thu, 06 Mar 2025 17:45:34 +0300]

Washington - Saba:
A new report from a specialized energy platform revealed that an Arab country topped the list of the five largest oil deals for 2025.

The report highlighted that Iraq led the top oil deals in February 2025, followed by Saudi Arabia and Syria. These major oil deals in February included agreements for the export, sale, and purchase of crude oil, as well as acquisitions of stakes in projects and the establishment of large-scale ventures.

The five largest oil deals of February 2025 included three deals from Iraq, one important acquisition deal by Saudi Aramco, and one deal in Syria.

One of the major deals includes the development of 9 billion barrels of oil reserves in Kirkuk's fields, under an agreement between the North Oil Company of Iraq and BP. This is the first such development after a six-year gap.

The Basra Oil Company signed two agreements with Halliburton to develop the Nahr Ben Umar and Sindbad fields. These agreements aim to increase production and enhance resource efficiency.

Additionally, Iraq's Oil Company signed a deal with the Chinese company SBS to apply artificial intelligence in the East Baghdad field, one of the largest in the country, to improve extraction efficiency and reduce downtime.

Saudi Aramco also signed a deal to acquire a 25% stake in UniOil Petroleum, one of the largest oil companies in the Philippines, further expanding its presence in refining, petrochemicals, and marketing.

Syria made its mark in the top 5 oil deals with its first oil shipment from the northeastern region to Damascus, marking a significant exchange with the new government. This deal was notable as it was the first oil shipment from the resource-rich northeastern region to Damascus.



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UPDATED ON :Fri, 28 Mar 2025 03:05:42 +0300