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Oman refining sector shows mixed performance in April 2026

Oman s refining and petrochemical sector showed mixed performance in April 2026 according to preliminary data released by the National Centre for Statistics and Information (NCSI) with notable growth in...

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Saudi Arabia, Korea deepen energy ties with new agreement

Saudi Arabia and South Korea signed a memorandum of understanding (MoU) to deepen cooperation in the oil and gas sector strengthening their energy partnership and expanding collaboration across key areas...

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KACST develops direct seawater system for green hydrogen production

A research team at King Abdulaziz City for Science and Technology (KACST) has developed an innovative system for producing green hydrogen directly from seawater without the need for prior desalination...

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Saudi Arabia, Yemen sign $150m petroleum supply deal

A Saudi-Yemeni agreement valued at 150 million was signed under the patronage of Yemeni Prime Minister Dr. Shaya Zindani to supply petroleum derivatives for power plants across various Yemeni governorates...

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Masdar to purchase nearly 50pc stake in Repsol’s Spain renewables business

Spanish energy company Repsol and Abu Dhabi-based renewable energy developer Masdar have signed an agreement under which Masdar will acquire a 49.99% stake in a renewable energy portfolio in Spain. The...

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2PointZero sells stake in TAQA to Abu Dhabi Power

2PointZero Group a next-generation investment powerhouse focused on energy and consumer sectors today completed the sale of its full 7.29 percent stake in Abu Dhabi National Energy Company PJSC (TAQA)...

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Saudi oil sector set for strong 2027 rebound; normal output seen by Sept

Saudi Arabia s oil sector is poised for a strong recovery next year as export routes gradually normalise and crude production returns to pre-disruption levels according to Riyad Capital which forecasts...

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Oman’s total oil exports increase by 2.7pc

Oman s oil exports recorded an increase of 2.7 per cent by the end of April 2026 reaching 102 734 400 barrels compared to 100 032 400 barrels by the end of April 2025. Preliminary statistics issued by...

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Expro secures two-year UAE well testing contract

Expro a provider of energy services has secured a two-year contract with a major UAE operator to deliver well testing and flowback services for unconventional wells in the UAE. The contract covers the...

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Mena emerges as $642bn hub for clean industry investment

The Middle East and North Africa (Mena) region is emerging as a major global hub for clean industrial investment with 84 announced projects representing around 642 billion in potential spending across...

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QatarEnergy strikes oil in Namibia’s PEL 0039 Block

QatarEnergy announced an oil discovery with encouraging results from the Merlin-1X exploration well in the Petroleum Exploration License 39 (PEL 0039) offshore Namibia. Merlin-1X is the tenth well drilled...

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Saudi Energy Ministry allocates new LPG filling, storage contracts

The Saudi Arabia Ministry of Energy announced the winning bidders for eight licenses covering the establishment development operation and maintenance of liquefied petroleum gas (LPG) filling and storage...

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Qatar rejects claims on energy production decisions

Qatar s International Media Office has strongly rejected the allegations published by The Washington Post on June 12 that the country s energy production decisions were ever coordinated with Iran or intended...

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Trinasolar, Ecohope Solar sign MoU to distribute latest Vertex G3 modules

Trinasolar a global leader in smart PV and energy storage solutions has signed a memorandum of understanding (MoU) with Ecohope Solar a global PV and ESS solutions provider with offices in China Thailand...

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bp simplifies organisational structure; announces key appointments

British multinational oil and gas company bp today (June 9) announced that it is reorganising its business into two operating segments as part of efforts to simplify its structure improve performance and...

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Ampo provides critical valve system for QatarEnergy offshore project

Ampo Poyam Valves has supplied a complete set of high-integrity HIPPS ball valve solutions for the North Field Production Sustainability (NFPS) Offshore Project in Qatar s North Field a key development...

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