Regional News
Aramco posts $104bn 2025 net profit
Aramco reported strong financial results for 2025, with adjusted net income of $104.7 billion and $25.1 billion in Q4 2025.The...
Regional News
Regional News
Adnec goes green
Adnec Group, part of Abu Dhabi’s Modon, has partnered with Emirates Water and Electricity Company (EWEC) to power Adnec Centre Al Ain entirely with renewable energy...
Regional News
Shaybah NGL Expansion Complete
Sarens, a leader in heavy lifting and engineered transport, executed a major upgrade at Aramco’s Shaybah NGL plant in collaboration with Wison Engineering. The team...
Regional News
Mubadala wins Andaman Block
Mubadala Energy, an Abu Dhabi-based international energy company, has been awarded the Southwest Andaman exploration production sharing contract (PSC) under Indonesia’s...
Regional News
Solar to lead UAE power capacity
The UAE is rapidly expanding its solar photovoltaic (PV) capacity from 6.7 GW in 2025 to 32.3 GW by 2035, a CAGR of over 17 per cent, according to GlobalData...
Regional News
Oman extends 3,500MW PPAs for major gas plants
Nama Power and Water Procurement Company (Nama PWP) is set to sign new power purchase agreements (PPAs) with Oman’s leading...
Regional News
Engie to build 900-MW wind farm in Egypt
Engie has signed a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to develop...
Regional News
Aramco cuts Asian crude
Aramco has cut crude supply to Asian buyers for a second consecutive month in April, sources say, following disruptions to Strait of Hormuz trade amid the US-Israeli...
Regional News
KSA records gradual renewables growth
Saudi Arabia aims for a sustainable energy mix, with solar and nuclear potentially supplying over half of its power by 2040....
Regional News
Macquarie exits Kuwait pipeline deal
Macquarie has withdrawn from bidding for a stake in Kuwait’s $7 billion oil pipeline network due to the Iran war, citing...
Regional News
Aramco-Ketjen catalysts collaboration
Ketjen Corporation and Aramco Technologies Company (SATC) have entered a joint development agreement to co-develop next-...
Regional News
Saudi East-West pipeline pumping 7 million bpd
Saudi Arabia’s East-West pipeline, which circumvents the Strait of Hormuz, is pumping oil at its full capacity of 7...