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XRG completes acquisition of stake in Azerbaijan’s Southern Gas Corridor

XRG ADNOC s international investment company has completed its acquisition of an equity stake in Southern Gas Corridor (SGC) from Azerbaijan s Ministry of Economy following the satisfaction of all conditions...

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Global LNG trade could reach 800 bcm by 2031, IEF-JOGMEC report says

The International Energy Forum (IEF) and the Japan Organisation for Metals and Energy Security (JOGMEC) have released a new report examining the changing structure of global liquefied natural gas (LNG)...

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OQT names Emmanuël Brasseur Head of LNG in Dubai

OQT Oman s global commodity trading company has appointed Emmanuël Brasseur as Head of LNG at its Dubai office strengthening its leadership as it expands its presence across global liquefied natural gas...

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Saudi tech firm Cashin signs deal with Syria to develop national fuel platform

Saudi technology company Cashin has signed a strategic partnership agreement with the Syrian government to help develop and operate a national digital platform for petroleum derivatives. The platform will...

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ADNOC, XRG, SEFE deepen cooperation across gas, LNG

XRG ADNOC and Securing Energy for Europe (SEFE) have signed a Memorandum of Understanding to explore cooperation across the natural gas and LNG value chains supporting reliable and competitively priced...

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UAE, Mongolia partner on clean energy, green hydrogen

The UAE and Mongolia have signed a Memorandum of Understanding (MoU) to strengthen cooperation in renewable energy and green hydrogen supporting both countries energy transition efforts. The agreement...

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Fertiglobe signs deal with top German firms to explore ammonia supply chain

Abu Dhabi-based Fertiglobe has announced that it has signed an agreement with leading German groups - Covestro one of the world s top manufacturers of polymer materials and MB Energy a leading supplier...

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Oman signs mining agreements worth $15.4m in exploration investments

Oman s Ministry of Energy and Minerals has signed two agreements to develop mining concession areas covering a combined 1 687 square kilometres with planned exploration investments of about RO6 million...

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Nextchem secures $144m SABIC fertiliser tech contract

MAIRE s Nextchem through nitrogen technology licensor Stamicarbon has been selected to provide the technology package for SABIC Agri-Nutrients SAN-7 large-scale fertiliser project in Al Jubail Saudi Arabia....

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$17trn invested in sustainable technologies, but progress remains uneven: Bain

Private companies and governments have invested 17 trillion in sustainable technologies over the past decade but progress has been uneven and could diverge further according to Bain & Company s fourth...

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UAE minister to deliver opening keynote at Schneider Electric's Innovation Summit

UAE Minister of Economy and Tourism Abdullah bin Touq Al Marri will deliver the keynote address at the opening of Schneider Electric s Innovation Summit Middle East & Africa 2026. Taking place at ADNEC...

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Oman refinery output falls 3.7pc by end-July

Oman s total refinery products reached 129.08 million barrels by the end of July 2026 down 3.7 per cent from the same period a year earlier according to preliminary data from the National Centre for Statistics...

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Masdar signs strategic deals to boost Germany, Europe clean energy portfolio

Abu Dhabi Future Energy Company Masdar has signed two strategic agreements with European energy partners strengthening its investment presence in Germany and supporting Europe s energy transition energy...

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Saudi pipeline shutdown raises fresh threat of oil price surge

Global oil markets face a fresh supply shock after Saudi Arabia shut down its 1 200-km East-West Pipeline following multiple drone attacks as continuing attacks on shipping in the Strait of Hormuz and...

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Oil surges above $108 as Iran war, Houthi advance threaten key shipping routes

Oil prices surged to their highest levels since May on Friday as the widening US-Iran conflict and a rapid Houthi advance in Yemen raised fears of a prolonged disruption to global crude supplies through...

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Alfa Laval launches ‘Made in Saudi’ assembly line for heat exchangers

Alfa Laval a global leader in heat transfer separation and fluid handling has launched its Made in Saudi assembly line for heat exchangers. This milestone marks a significant step forward in Alfa Laval...

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