SABIC a global leader in chemicals reported a net loss of SAR1.2 billion ( 320 million) for the first quarter of 2025 representing a 36% improvement compared to a net loss of SAR1.9 billion in the previous...

TotalEnergies and OQ Exploration and Production on Thursday celebrated the ground-breaking of the Marsa LNG plant in the port of Sohar northern Oman. This comes one year after the final investment decision...

Adnoc Distribution has announced that its earnings before interest taxes depreciation and amortisation (EBITDA) surpassed 1 billion for the second consecutive year reflecting the strength of its operational...

Adnoc Murban Sukuk a special purpose vehicle for issuing Shari a compliant trust certificates has priced its inaugural offering of Shari a compliant trust certificates under its International Sukuk Programme...

Fugro a leading geo-data specialist will be a main geotechnical sponsor at the International Geotechnical Innovation Conference (IGIC) 2025 taking place from May 5- 6 in Jeddah Saudi Arabia. The conference...

Specialist services provider to the offshore energy industry Interocean Marine Service (Interocean) has announced the launch of its Middle East entity alongside two key regional appointments to drive continued...

The global boom in artificial intelligence (AI) is prompting some countries to delay their energy transition plans for fear of missing out on the economic potential of a rapidly evolving trillion-dollar...

Adnoc Distribution a leading fuel distributor and convenience store operator has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure increasing its charging points...

An independent consultant has been formally appointed to lead the investigation into a tragic incident at the Bapco Refining complex on May 2. The incident which involved process safety equipment resulted...

NMDC Group a leading engineering procurement construction and marine dredging company reported a 22% year-on-year increase in net profit for Q1 2025 from AED 641 million ( 174 million) in Q1 2024 to AED...

QatarEnergy inaugurated the Ras Laffan and Mesaieed solar PV power plants with a combined capacity of 875 megawatts (MW) which will more than double the State of Qatar s solar energy production to 1 675...

NMDC Energy a majority-owned subsidiary of NMDC Group has reported strong financial results for the period ending March 31 with robust performance defined by healthy project activity and diversified revenue...

The transformative impact of emerging technologies particularly AI is projected to generate an annual economic value of 11 trillion to 18 trillion by revolutionising industries such as energy logistics...

Dragon Oil a fully owned entity of Dubai government has signed a series of strategic agreements and MoUs with leading global players including Baker Hughes Egyptian and Turkish Petroleum as part of its...

Adnoc has launched a mobile application called Make it with Adnoc to boost local manufacturing and accelerate industrial growth in the UAE. The app provides real-time visibility of products Adnoc plans...

The global nuclear power sector is experiencing steady growth due to the need for low-carbon baseload power energy security and decarbonizing industrial sectors. New capacity additions advancements in...