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Irena partners with UAE export credit agency ECI

The International Renewable Energy Agency (Irena) signed a collaborative partnership agreement with Etihad Credit Insurance (ECI) the UAE s Federal export credit company. ECI is bringing a suite of innovative...

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EDF, Masdar sign 15-year power deal for Big Beau solar project

EDF power solutions North America and Masdar Abu Dhabi energy company co-owners of the BigBeau Solar Storage Project have entered into 15-year power purchase agreements covering the output from the 128...

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ASRY achieves key safety milestone with 200th offshore rig project

The Arab Shipbuilding and Repair Yard Company (ASRY) celebrated the completion of its 200th offshore rig project marking the successful delivery of the Valaris 250 (Bob Palmer) offshore rig project. The...

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IFS launches agentic emissions operating system for asset-intensive industries

IFS a leading provider of Industrial AI software today launched IFS Zero an agentic emissions operating system designed for the world s most asset-intensive industries. The new solution provides a single...

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National Finance partners with AB Energy to advance sustainable financing

National Finance a leading finance and leasing company in Oman has signed a strategic memorandum of understanding (MoU) with AB Energy to advance sustainable financing solutions. As part of the partnership...

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UAE-based GSU launches second phase of Green Berbera Initiative

Abu Dhabi-based Global South Utilities (GSU) a resources investment company announced the project commencement of a 12 MWp solar photovoltaic (PV) power plant integrated with a 70 MWh Battery Energy Storage...

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AVEVA, AWS announce collaboration to accelerate industrial intelligence in cloud

AVEVA a global leader in industrial software and Amazon Web Services (AWS) have announced a multi-year Strategic Collaboration Agreement (SCA) to accelerate the delivery of industrial intelligence in the...

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Kuwait moves ahead with KIPIC-KNPC merger

Kuwait has approved the merger of Kuwait Integrated Petroleum Industries Company (KIPIC) into Kuwait National Petroleum Company (KNPC) according to a decision by the Supreme Petroleum Council published...

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Acwa, BCDA advance 500 MW clean energy project in Philippines

Acwa Power Philippines a subsidiary of Acwa Power Company has signed a contract of lease (COL) with the Bases Conversion and Development Authority (BCDA) for a 500-hectare site within New Clark City marking...

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Dubai's clean energy production reaches 21.5% of total capacity

The clean energy production capacity of Dubai Electricity and Water Authority (DEWA) now accounts for more than 21.5% of its total energy production capacity said Saeed Mohammed Al Tayer MD & CEO of DEWA....

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Aramco selects McDermott for project management consultancy long-term agreement

McDermott via McDermott Nederland BV has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy (PMC) Long-Term Agreement (LTA) to support delivery of large-scale...

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Metal Park ties up with Swiss-based SGS for testing, lab capabilities

Metal Park the world s first integrated Asset-as-a-Service ecosystem dedicated exclusively to the metal industry has signed a strategic collaboration with SGS to strengthen inspection testing verification...

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ADNOC resumes naphtha exports via Sohar

Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha in May via the Omani port of Sohar a Reuters report said quoting traders. The alternative route could ease the supply crunch caused by the...

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'When Strait of Hormuz is strangled, the world's poorest cannot breathe'

Nearly one billion people living in the world s most vulnerable economies could face higher living costs inflation and slower growth as disruptions in the Strait of Hormuz drive up global oil prices the...

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Bapco Energies launches energy leaders scholarship programme

Bapco Energies has announced the launch of the NBH Future Energy Leaders Scholarship and Career Development Programme a national initiative aimed at nurturing Bahraini talent in the energy sector. Targeting...

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UAE reduces diesel price for June

The UAE Fuel Price Committee has approved fuel prices for June 2026 with diesel prices recording a decline compared to the previous month in a move that supports the stability of key sectors particularly...

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