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Acwa signs key investment, PPA agreements under 5GW Türkiye deal

Acwa has signed an Investment Agreement Key Terms (IA Key Terms) with the Ministry of Energy and Natural Resources of Türkiye to develop 5 GW of renewable energy projects starting with Phase 1 developments...

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Licences must for petroleum, petchem activities: Saudi Ministry of Energy

Saudi Arabia s Ministry of Energy has reiterated that all activities involving petroleum and petrochemical materials must obtain the necessary licences from the ministry. This procedure aligns with the...

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Saudi Arabia, Kazakhstan expand energy, investment collaboration

Prince Abdulaziz bin Salman bin Abdulaziz Saudi Arabia s Minister of Energy met with Yermek Kosherbayev Kazakhstan s Minister of Foreign Affairs to advance bilateral cooperation between the two countries....

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Arab Energy Fund closes $346m financing for Iraq’s Block 9

The Arab Energy Fund a multilateral impact financial institution has led and closed a 346 million Reserve-Based Financing (RBL) Facility for Kuwait Energy Basra Limited (KEBL) operator of Block 9 (Faihaa...

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Oman Energy Association signs skills cooperation deal with Takamol

Oman Energy Association (OPAL) signed a strategic cooperation agreement in Muscat with the Saudi company Takamol Holding to develop professional competencies and enhance skill and qualification accreditation...

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New Terra Academia Bahrain to drive ecological transformation

Veolia Terra Academia International (TAI) and the Bahrain Institute of Banking and Finance (BIBF) has announced the launch of Terra Academia Bahrain an institution dedicated to ecological transformation...

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Oman signs concession agreement for Offshore Block (18)

Oman s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block (18) as part of its ongoing efforts to enhance exploration and production activities and expand the hydrocarbon...

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Oylz Terminals breaks ground on petroleum products storage terminal

Oylz Terminals held a groundbreaking ceremony at Khalifa Port to mark the start of construction of a new petroleum products storage terminal being developed by Oylz Terminals within the port. The facility...

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Mubadala completes acquisition of 15pc stake in Egypt’s Nargis concession

Mubadala Energy the Abu Dhabi headquartered international energy company has completed the acquisition from Eni of a 15 per cent participating interest in the Nargis Offshore Area ( Nargis ) concession...

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Emirati GSU launches 5 MWp solar plant in Berbera

Abu Dhabi-based Global South Utilities (GSU) a resources investment company has inaugurated a 5 MWp grid-connected solar photovoltaic (PV) power plant in Berbera and launched the Green Berbera Vision -...

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Amarak Chemicals launches new sulphur manufacturing unit in Jafza

Amarak Chemicals FZC an associate company of the Aries Group of Companies has commenced operations at a fully automated sulphur manufacturing facility at Jebel Ali Free Zone (Jafza) in Dubai. The facility...

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SABIC to supply raw materials for production of 3.5m tyres to PIF-Pirelli JV

The Saudi Basic Industries Corporation (SABIC) has signed an agreement with the joint venture between the Public Investment Fund (PIF) and Pirelli for the supply of polybutadiene rubber and carbon black...

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Adnoc Group's listed companies report $51.8bn in revenues for 2025

Adnoc Group s listed companies reported record financial results for the full year 2025 demonstrating sustained momentum across the Group s integrated value chain and highlighting continued delivery against...

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