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QatarEnergy signs MoU for offshore Syria exploration

QatarEnergy signed a memorandum of understanding with TotalEnergies ConocoPhillips and the Syrian Petroleum Company for cooperation in oil and gas exploration offshore Syria. The agreement covers technical...

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UAE could raise oil capacity beyond 5m bpd, says Adnoc Drilling

Adnoc Drilling is prepared to support an increase in the UAE s oil production capacity beyond the planned 5 million barrels per day by 2027 pending approval from the government the company s Chief Financial...

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Edge, Adnoc collaborate on employee capability development

Edge and Adnoc have signed a Memorandum of Understanding (MoU) under which Edge will deliver capability development training to Adnoc employees through Bridge s advanced training and support programmes....

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Adnoc Gas reports resilient Q1 net income of $1.1bn

Adnoc Gas have reported a net income of 1.1 billion for Q1 2026 highlighting strong operational performance and robust financial health. The company fulfilled domestic customer requirements while efficiently...

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Acwa’s Q1 2026 results show asset base growth to $121bn

Saudi-listed Acwa announced its financial results for the first quarter ended March 31 2026. During the first quarter the company maintained the growth of its asset base with a total of 109 assets in operation...

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Qatari LNG Tanker heads for Strait of Hormuz as peace talks await Iran response

A Qatari liquefied natural gas (LNG) tanker was sailing toward the Strait of Hormuz on Saturday in what would be the first such transit since the outbreak of the US-Israel- Iran war even as uncertainty...

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Adnoc Distribution signs industrial partnership worth over $16m

Adnoc Distribution has announced new strategic partnerships with Emirates Global Aluminium (EGA) and Borouge collectively valued at over AED 60 million ( 16 million) aimed at strengthening industrial performance...

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Ta’ziz, Alpha Dhabi Sign $10bn chemicals deal in Al Ruwais

Ta ziz and Alpha Dhabi Holding announced at the Make it in the Emirates platform a strategic collaboration agreement for 10 billion in capital investment in new industrial chemicals in the Ta ziz industrial...

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DHL Express signs Bahrain SAF offtake-agreement with SAF One

DHL Express and Dubai-based SAF developer SAF One announced the signing of a offtake agreement bringing the first sustainable aviation fuel (SAF) production facility in the Middle East into DHL s global...

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Aramco CEO sees Hormuz risks delaying oil recovery to 2027

Amin Nasser President and CEO of Aramco warned that ongoing disruptions to oil exports through the Strait of Hormuz could postpone the global oil market s recovery until 2027 according to a report by Reuters...

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Mubadala invests in Hornsea 3 offshore wind farm

Mubadala Investment Company today announced a 325 million investment in Ørsted s Hornsea 3 which once completed will be the world s single largest offshore wind farm located off the Norfolk coast in the...

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Major energy, sustainability events return to Muscat from May 18

Oman Sustainability Week (OSW) and the Oman Petroleum and Energy Show (OPES) will take place from May 18 to 20 2026 at the Oman Convention and Exhibition Centre in Muscat under the patronage of the Ministry...

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Acwa secures $226m financing for 300MW wind project in Uzbekistan

Saudi-listed Acwa has signed 226 million of financing agreements for the Bash II 300 megawatts (MW) Wind Farm in Uzbekistan at the 2026 Asian Development Bank (ADB) Annual Meeting. The agreements were...

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ADNOC becomes first partner to back UAE's new industrial fund

The UAE Ministry of Industry and Advanced Technology (MoIAT) Emirates Development Bank (EDB) and ADNOC have signed a memorandum of understanding making ADNOC the first partner to support the UAE Cabinet...

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Adnoc Distribution partners with DTEK.ai for AI self-checkout rollout

DTEK.ai a UAE provider of AI and machine learning solutions for enterprises and A dnoc Distribution have signed a strategic agreement to deploy SWIFT an AI-powered self-checkout solution across Oasis by...

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Saudi Energy reports Q1 profit up 89pc and revenue up 9.4pc

Saudi Energy Company announced its financial results for the first quarter ended March 31 2026 reporting a 9.4 per cent increase in operating revenue with improved efficiency driving a net profit increase...

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