2PointZero Group a next-generation investment powerhouse focused on energy and consumer sectors today completed the sale of its full 7.29 percent stake in Abu Dhabi National Energy Company PJSC (TAQA)...

Saudi Arabia s oil sector is poised for a strong recovery next year as export routes gradually normalise and crude production returns to pre-disruption levels according to Riyad Capital which forecasts...

Oman s oil exports recorded an increase of 2.7 per cent by the end of April 2026 reaching 102 734 400 barrels compared to 100 032 400 barrels by the end of April 2025. Preliminary statistics issued by...

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...

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...

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...

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...

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...

Trinasolar a global leader in smart PV and energy storage solutions has signed a memorandum of understanding (MoU) with Ecohope Solar a global PV and ESS solutions provider with offices in China Thailand...

British multinational oil and gas company bp today (June 9) announced that it is reorganising its business into two operating segments as part of efforts to simplify its structure improve performance and...

Ampo Poyam Valves has supplied a complete set of high-integrity HIPPS ball valve solutions for the North Field Production Sustainability (NFPS) Offshore Project in Qatar s North Field a key development...

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...

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....

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...

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...

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...