The Kingdom of Saudi Arabia s 40% budget and expenditures are now being financed by non-oil revenues and notably 90% of FDI in the country is non-oil said Minister of Investment Khalid Al-Falih while speaking...

The latest 2025 NDC Synthesis Report released ahead of COP 30 in Belem paints a mixed picture of global climate ambition. And while nations are showing unprecedented commitment to cutting greenhouse gas...

NMDC Energy has announced solid financial results for the first nine months of 2025 with revenue surging 33 per cent YoY to AED 13.0 billion ( 3.5 billion) and net profit gaining 5 per cent YoY to AED...

Oman Tank Terminal Company (OTTCO) a subsidiary of OQ Group today (October 27) signed a shareholder agreement with Royal Vopak a leading global tank storage company headquartered in Netherlands for the...

The Environment Authority (EA) said that it is adopting a set of innovative financial policies and strategic initiatives to keep pace with Oman s 2050 carbon neutrality objectives. This approach it explained...

Oman Electricity Transmission Company (OETC) the sole owner and operator of Oman s electricity transmission network and a key subsidiary of Nama Group has announced the pricing and issuance of its inaugural...

OQ Exploration and Production New Ventures a fully-owned subsidiary of OQ Exploration and Production and Petronas Carigali International Ventures have formalised a strategic cooperation agreement through...

QatarEnergy has announced the commencement in July of utilisation of the long-term LNG delivery storage and regasification capacity at the Isle of Grain terminal in the UK. The capacity of up to 7.2 million...

Masdar a Abu Dhabi energy company has been awarded two solar photovoltaic (PV) projects with a combined capacity of 2 gigawatts (GW) under the sixth round of bidding in Saudi Arabia s National Renewable...

QatarEnergy has completed a farm-in transaction with Eni acquiring a 40 per cent participating interest in the North Rafah exploration block offshore the Arab Republic of Egypt. The agreement recently...

Adnoc Drilling Company has reported financial results for the third quarter (3Q) and the first nine months of 2025 . The highlights of the 9 months 2025 performance showcase significant growth with revenue...

EICT a leading Saudi Arabian ICT and systems integration company has officially launched the IO by HFCL portfolio of enterprise Wi-Fi and networking solutions in Saudi Arabia. The announcement follows...

Oman Cables Industry has officially launched the Global Sustainability Academy establishing the first institution of its kind within Oman. This initiative represents a strategic advancement in the company...

Baker Hughes has announced that it has secured a major contract from oil giant Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia s natural gas...

UAE Ministers officials and leaders in the local energy sector emphasised that World Energy Day represents a call for collective action and cooperation among various countries around the world and provides...

Terra Tech a startup specialising in battery-swapping stations has launched its first electric motorbike station in Abu Dhabi with Adnoc Distribution serving as a strategic enabler to advance the UAE s...