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SABIC reports 14pc revenue growth, 40pc rise in EBITDA in Q3 2026

Saudi Basic Industries Corporation (SABIC) reported a 14 per cent quarter-on-quarter increase in revenue and a 40 per cent rise in adjusted earnings before interest taxes depreciation and amortisation...

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OQEP expands upstream portfolio, targets 300,000 boe/d by 2030

OQ Exploration and Production (OQEP) is expanding its upstream portfolio in Oman and pursuing selective international investments as it works towards a production target of approximately 300 000 barrels...

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Thai group PTT, Eni set up JV for offshore Abu Dhabi concession

Thailand-based PTT Exploration and Production Public Company has partnered with Italy s integrated energy major Eni to set up a joint venture company Seela Energies B.V. that will hold their participating...

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Aamal Energy secures $27m procurement contract in Qatar

Aamal Company has announced that its subsidiary Aamal Energy has signed a five-year procurement services contract with a local company with an initial value exceeding QAR 100 million ( 27 million). Under...

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Sustainability cornerstone of UAE’s progress: Sheikh Ahmed

The UAE continues to advance its pioneering approach making sustainability a cornerstone of development innovation a driver of growth and international partnerships a foundation for a more prosperous future....

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85pc of energy insiders see greater investment appeal despite global uncertainty: Adipec report

The global energy system has proved more resilient than expected despite geopolitical disruption and supply-chain pressures while artificial intelligence (AI) rising electricity demand and shifting investment...

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Saudi oil exports rise to five-month high despite regional disruptions

Saudi Arabia s crude oil exports rose nearly 8 per cent in August to their highest level since March signalling a continued recovery in shipments despite the prolonged disruption to regional energy flows...

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SHARAKAT Awards 2026 recognise nine categories of water sector achievement

SHARAKAT has honoured winners across nine categories at the fourth edition of the SHARAKAT Awards 2026 recognising projects and partners contributing to the development and sustainability of Saudi Arabia...

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QatarEnergy signs long-term deals for 4 MTPA of US LNG through 2054

QatarEnergy signed two long-term Sale and Purchase Agreements (SPAs) with Cheniere for the purchase of up to 4 million tonnes per annum (MTPA) of LNG from Cheniere s Sabine Pass and Corpus Christi facilities...

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Masdar boosts Greek portfolio with major solar project buy

Abu Dhabi Future Energy Company (Masdar) has signed an agreement to acquire and develop one of Greece s largest solar projects strengthening the country s clean energy infrastructure and supporting its...

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Aramco seeks to increase overseas strategic oil storage capacity

Saudi Arabia and state oil giant Aramco are seeking partnerships with foreign governments to expand overseas strategic oil storage capacity as the company anticipates a significant increase in demand following...

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Dubai launches sixth Emirates Energy Award cycle with $1m prize pool

The Dubai Supreme Council of Energy has launched the sixth cycle of the Emirates Energy Award (EEA) for 2026 2028 with a total prize pool of 1 million across 10 categories recognising innovations and projects...

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UAE renewable energy capacity soar 63-fold in 10 years: Minister

UAE s renewable energy capacity has increased more than 63-fold over the past decade from 129 megawatts in 2015 to more than 8.2 gigawatts in 2025. Clean energy accounted for 32.4% of the country s electricity...

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Enoc, DM partner to advance used cooking oil recovery

Enoc Group and Dubai Municipality (DM) have signed an agreement to explore opportunities for collaboration in alternative and cleaner fuels with focus on collecting used cooking oil and converting it into...

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Dewa signs 4 MoUs with global partners during Wetex 2026

Dewa International has signed four memorandums of understanding (MoUs) with leading global entities during the 28th Water Energy Technology and Environment Exhibition (Wetex 2026). The agreements support...

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Bahrain, France sign MoU on peaceful uses of nuclear energy

Bahrain s Ministry of Foreign Affairs and France s Ministry for Europe and Foreign Affairs signed a memorandum of understanding (MoU) on cooperation in the peaceful uses of nuclear energy. The MoU aims...

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