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Front Page
Fossil fuel use hits record in power-hungry world
In a landmark report, the Energy Institute (EI) has painted a vivid picture of an energy-hungry world grappling with record...
Special Features
Oman Review
Oman’s energy sectorfuels economic growth
The Sultanate's oil and gas sector is vital, contributing 72 per cent to GDP and achieving a 90 per cent Omanisation rate...
Corrosion
Corrosion in the oil and gas industry: A costly challenge
Corrosion in the oil and gas industry demands robust management strategies to mitigate significant financial and environmental...
Mining
Three technologies that will revolutionise mining vehicles
The future of mining is being transformed by electric vehicles, focusing on advancements in battery technology, fast charging...
Industry Interviews
SANKYU blends global expertise and local roots in Saudi Arabia
The leading plant engineering and logistics provider is advancing KSA's industrial sector through technological innovations and...
Advertorial
JuffaliTrucks: Leading the way with HIAB Cranes
Offering HIAB cranes is part of the company’s broader initiative to provide a one-stop shop experience for all transportation...
Africa Focus
African energy sector resilient amid upstream challenges
Despite the African upstream oil and gas sector seeing a 75 per cent drop in deal value to $3 billion in 2023, companies are...
Regional News
Aramco closes largest EMEA secondary offering
ARAMCO last month closed a significant secondary public offering of 1.545 billion ordinary shares (0.64 per cent of the company...
World News
Power from renewables to double by 2050
DNV predicts global electricity demand will double by 2050 due to reduced fossil fuel reliance. DNVs New Power Systems report...
Products & Services
Long-life NAS battery unveiled by BASF, NGK
BASF Stationary Energy Storage, a wholly owned subsidiary of BASF, and NGK Insulators (NGK), a Japanese ceramics manufacturer...
Business
Expo News - Forum set to propel Egypt’s mining sector
THE 3rd edition of the Egypt Mining Forum will spotlight Egypt’s financing roadmap, emphasizing the critical role of foreign...
Subscriber's Area
OGN TRADE News
Oil slips on mixed demand signals
Oil prices fell on mixed demand signals a day after large draws on US inventories while consumption in China, the world's largest...
Ewec issues RFPs for 400MW battery energy storage system
Emirates Water and Electricity Company (Ewec) has issued request for proposals (RFPs) to qualified developers and developer consortiu...
KBR posts Q2 net income of $199m; revenue at $1.9bn
KBR, a US based company operating in fields of science, technology and engineering, has posted a second-quarter (Q2) net income of $1...
Ewec invites bids for 2.5GW Taweelah CCGT plant
Emirates Water and Electricity Company (Ewec) has issued a Request for Proposals (RFP) for the development of the Taweelah C Independ...
EDF, Italian steel firms eye joint nuclear investments
French utility EDF signed an agreement with Italian subsidiary Edison, equipment firms Ansaldo Energia and Ansaldo Nucleare, and stee...
China's gas demand is expected to grow 6.5-7.7pc in 2024
China's natural gas demand is expected to grow between 6.5 per cent and 7.7 per cent this year to reach 420 billion to 425 billio...
Indonesia plans B40 palm oil biodiesel use in 2025
Indonesia is planning for the widespread use of the palm-oil based B40 biodiesel in 2025, replacing the current B35 blending, the ene...
Oil rises as US crude, fuel inventories seen shrinking
Oil prices rebounded, snapping three straight sessions of decline, as falling US crude inventories and growing supply risks from wild...
Borouge consortium in deal to build polyolefins complex in China
Borouge, a leading petrochemicals major said its consortium with Abu Dhabi National Oil Company and Austrian group Borealis has signe...
Dubai Islamic posts solid H1 growth; net profit up 8.6%
Dubai Islamic Bank (DIB) has registered solid growth for the first six months with the group's net pr...
Aramco signs LoI for $2.2bn Jafurah gas plant
Saudi oil giant Aramco has signed a non‐binding Letter of Intent (LoI) with a joint venture of Spanish group Técnicas Reunidas...
Oil steadies as rate cut hopes offset Gaza ceasefire
Oil prices were flat after a European Central Bank official hinted at a possible rate cut in September, offsetting pressure from rene...
Eni's biofuel unit could be valued up to $13.6bn in KKR deal
Italy's Eni is in exclusive talks, it said, with investment company KKR over the sale of a minority stake in Enilive, a deal that...
Brazil's JBS supplies animal waste for production of SAF
Brazilian meatpacker JBS is supplying animal waste from its operations abroad for the production of renewable aviation fuels and is s...
Indonesia seeks Russian oil for the first time in years
Indonesian state-controlled refiner Pertamina has added Russian oil grades to its tender lists to buy September crude, three traders ...
US senators introduce bill to speed energy project approvals
The top two lawmakers on the Senate energy committee introduced long-awaited legislation to speed permitting of power transmission, m...
German expert OCS to deliver key solutions for UAE petchem sector
Leading Abu Dhabi-based technology company Zero Gravity Technology has signed an agreement with a global German specialist to enhance q...
KBR's blue ammonia tech picked by Shell Blue Horizons in Oman
KBR has announced its blue ammonia technology has been selected by Shell for its Blue Horizons low-carbon hydrogen and ammonia projec...
