The UAE Fuel Price Committee has announced fuel prices for May 2026 maintaining the diesel price in a step aimed at supporting the continuity of vital sectors particularly logistics and supply chains contributing...

Oil prices continued to climb on Thursday with no sign of easing as markets priced in a prolonged supply squeeze from the Middle East following stalled negotiations and firm signals from Donald Trump that...

Oil prices went up further on Wednesday extending a multi-day rally as the Iran and US blockades of the Strait of Hormuz continued. Reports said the US will extend its blockade of Iranian ports. US President...

A liquefied natural gas (LNG) tanker managed by UAE s ADNOC has crossed the Strait of Hormuz and appears to be near India ship-tracking data quoted by Reuters showed. The 136 357 cu m tanker which is managed...

Oil prices surged past the 105 threshold on Friday as an escalating maritime standoff between Iran and the United States in the Strait of Hormuz rattled global energy markets. Benchmark Brent crude rose...

Abu Dhabi Future Energy Company Masdar is celebrating 20 years as a global leader in renewable energy. Established on April 23 2006 by His Highness Sheikh Mohamed bin Zayed Al Nahyan through Mubadala Investment...

Alpha Nero a Dubai-founded luxury retail residential fit-out and shopfitting specialist has completed a solar energy installation across its UAE facilities in partnership with CleanMax Enviro Energy Solutions...

Masdar Abu Dhabi energy company and Elektroprivreda Crne Gore (EPCG) Montenegro s national power utility have agreed to form a 50/50 joint venture (JV) to develop large-scale renewable energy projects...

Borouge an Abu Dhabi based petrochemicals company reported a resilient performance in Q1 2026 despite regional instability and logistics disruptions. The company generated revenue of 1.2 billion with adjusted...

Saudi Basic Industries Corporation (Sabic) a global leader in chemicals returned to profit in the first quarter of 2026 posting net earnings of SAR13.2 million ( 3.52 million) compared with a SAR1.21 billion...

NMDC Energy has announced its financial results for the first quarter of 2026 stating that it maintained operational continuity across all its projects as a result of integrated efforts coordination with...

Enoc Group an integrated global energy player and Emirates Petroleum Company (Emarat) have signed a Memorandum of Understanding (MoU) to establish a Business Continuity Plan (BCP) framework. This strategic...

Oil production across the Gulf sharply curtailed by the Iran conflict is expected to stage a strong recovery within months once the Strait of Hormuz fully reopens according to Goldman Sachs offering a...

Sulzer has signed a long-term corporate procurement agreement (CPA) with Aramco. The agreement sets a framework for the supply of centrifugal pumps spare parts and aftermarket services across Aramco s...

QatarEnergy has celebrated the first LNG export cargo from the Golden Pass LNG project in Sabine Pass Texas in the US a joint venture between QatarEnergy and ExxonMobil. Marking an important step towards...

The Saudi Power Procurement Company (Principal Buyer) has commenced the qualification process for the second group of Battery Energy Storage System (BESS) projects consisting of a total of six projects....