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Why isn't oil at $90? Markets under-pricing Hormuz risk: deVere CEO

Global oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a contained geopolitical incident rather than a potentially significant...

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Acwa receives approval to export Saudi green hydrogen globally

Acwa has received government approval granting the company exclusive rights to export green hydrogen and its derivatives produced in Saudi Arabia to international markets including green ammonia green...

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Qatar launches new framework for industrial resource allocation

Qatar s Ministry of Commerce and Industry (MoCI) and QatarEnergy have signed Terms of Reference (ToR) to establish a joint governance framework for allocating hydrocarbon-derived resources to industrial...

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Action Energy, Kellton form GCC AI joint venture

Action Energy Company (AEC) Kuwait s local partner for integrated upstream services has partnered with global AI-led digital transformation firm Kellton to launch a joint venture aimed at accelerating...

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XRG boosts US LNG position with second Rio Grande stake buy

XRG the international investment arm of Abu Dhabi National Oil Company (Adnoc) has announced that it has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at...

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Emarat enters Armenian market with first fuel station

Emarat Petroleum Company ( Emarat) has opened its first branded service station in Yerevan Armenia marking a key step in its international expansion strategy and reinforcing the UAE s goal of strengthening...

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Bahrain announces July fuel prices

The Fuel Pricing and Monitoring Committee has announced Bahrain s approved fuel prices for July effective from July 2 under the Kingdom s pricing mechanism reflecting global market trends. Jayyid (91)...

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IMI secures major contract for wireless vibration monitoring solution in Oman

IMI a global leader in fluid and motion control engineering bespoke solutions has been awarded a new contract to supply a wireless vibration monitoring solution for a major refinery operator in Oman designed...

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Ewec opens registration for 20th Clean Energy Certificates auction

Emirates Water and Electricity Company (Ewec) has opened registration for its 20th Clean Energy Certificates (CECs) auction supporting organisations in verifying their renewable and clean energy consumption...

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Worley secures five-year Aramco deal for Saudi energy projects

Worley has secured a long-term five-year agreement as part of a pool of 11 contractors selected by Aramco to support major projects across Saudi Arabia. The contract will help deliver critical infrastructure...

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Adnoc launches global LNG marketing, trading platform

Adnoc has launched a global liquefied natural gas (LNG) marketing and trading platform in Abu Dhabi Global Market (ADGM) integrating the commercial activities of Adnoc Gas XRG and Adnoc Trading into a...

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Expert-led panel to shape Sustainability Forum Middle East's January 2027 edition

Sustainability Forum Middle East (SFME) has announced the members of its Advisory Committee which will help shape the forum s 5th Edition taking place on January 26 and 27 2027 in Bahrain. Bringing together...

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Acwa signs deals for N’Diago 230 MW gas project in Mauritania

Acwa has signed a Public-Private Partnership (PPP) and Power Purchase Agreement (PPA) for the development financing construction and operation of the N diago 230 MW Combined Cycle Gas Turbine (CCGT) power...

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BlueFive Capital to acquire 70pc stake in UAE dredging company Gulf Cobla

BlueFive Capital among the world s fastest growing investment platforms announced today that it has acquired a 70% stake in Gulf Cobla a UAE-based dredging and land reclamation company with a track record...

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Oman launches digital supply chain initiative for energy sector

Oman s Ministry of Energy and Minerals has launched a new initiative to develop integrated digital supply chain solutions for the energy sector aiming to improve procurement contract management and spending...

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TA’ZIZ, Covestro and XRG mull world-scale MDI plant in Ruwais

TA ZIZ a joint venture between ADNOC and ADQ has announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI)...

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