Tag: ENERGY

Energy, Oil & Gas

Aramco reports $28bn net income for Q3

Aramco reported strong earnings in third quarter, underpinned by operating momentum as major projects progress. The energy major's adjusted net income for the quarter stood at $28 billion (Q3 2024: $27.7 billion)....

Energy, Oil & Gas

Focus on data, not drama - UAE minister urges energy leaders

The long-term outlook shows demand growth for every form of energy across every market and the industry's response to meet that demand should focus on the data, not the drama, said Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO. ...

Energy, Oil & Gas

Integrated Gas Company seals major deals worth over $8.8bn

The Integrated Gas Company finaliSed 19 agreements, including 14 gas sales valued at over RO3.4 billion ($8.8 billion). This move is expected to generate over RO2 billion in investments and includes strategic agreements with Occidental Oman and Energy Development Company....

Energy, Oil & Gas

Abu Dhabi Chamber to advance private sector’s role in energy

The Abu Dhabi Chamber of Commerce and Industry will advance its commitment to strengthening private sector growth and competitiveness as markets move toward cleaner, smarter and more efficient energy systems at the Abu Dhabi International Petroleum Exhibition and Conference, ADIPEC 2025....

Energy, Oil & Gas

Third ENACT Majlis to convene 100 leaders on energy, AI in Abu Dhabi

Adnoc will convene 100 global leaders from the energy, technology, investment and government sectors at the ENACT Majlis in Abu Dhabi, today (October 2), to explore how the intersection of AI, energy and investment can advance the integrated solutions needed to unlock AI’s potential to turbo-charge sustainable growth and global prosperity....

Energy, Oil & Gas

88pc of leaders say AI essential to energy transformation: report

A new report by Adnoc and Microsoft indicates that AI is transforming the energy sector, especially in distribution and emerging solutions like predictive maintenance and smart grid management. Notably, 88 per cent of respondents believe scaling AI is crucial for energy transformation....

Energy, Oil & Gas

Singapore 'seriously' considering nuclear energy

Singapore is "seriously studying the potential deployment of nuclear energy, especially newer technologies such as small modular reactors," Minister-in-charge of Energy and Science and Technology Tan See Leng said at the opening of Singapore International Energy Week....

Energy, Oil & Gas

30th Irena Council to review energy transition priorities ahead of COP30

The International Renewable Energy Agency (Irena) convenes its 30th Council meeting October 30 in Abu Dhabi to review progress on the Agency’s work and consider collective priorities to accelerate the global energy transition, as preparations advance for COP30 and the 16th Irena Assembly....

Energy, Oil & Gas

South Africa’s shale gas awakening could redefine its energy future

South Africa's decision to lift its moratorium on shale gas exploration could transform the Karoo Basin's estimated 200 trillion cubic feet of recoverable gas into production. This move is vital for diversifying the energy mix and advancing an inclusive energy transition....

Energy, Oil & Gas

UAE discusses cooperation on energy transition with G20 countries

Sharif Al Olama, UAE's Undersecretary for Energy, held bilateral meetings during the G20 Energy Meetings in South Africa with countries like Singapore and Germany. Discussions focused on energy transition, clean hydrogen, and potential cooperation in nuclear energy and LNG, including Singapore's possible membership in the Global Energy Efficiency Alliance....

Energy, Oil & Gas

Mozambique can leverage its energy wealth to drive growth: IEA

To serve a rapidly growing population, Mozambique’s significant energy resources can support government efforts to achieve universal access to electricity and clean cooking while charting a path to economic development, according to the International Energy Agency (IEA) first ever energy policy review of the country....

Energy, Oil & Gas

Riyadh gears up for inaugural Hydrogen Arabia Summit

Global energy leaders, investors, and innovators in the hydrogen sector along with senior government officials will be at the inaugural Hydrogen Arabia Summit in Riyadh this December to drive the kingdom’s hydrogen economy by utilising global expertise and tieups. ...

Energy, Oil & Gas

Trina Storage unveils 6 MWh+ energy storage system

Trina Storage, an energy storage solution and a business unit of Trinasolar, has announced the launch of its next-generation 6.25 megawatt-hour (MWh) energy storage platform in Saudi Arabia. ...

Energy, Oil & Gas

Americas LNG Summit & Exhibition 2025 to kick off on October 19

The Americas LNG Summit & Exhibition returns to Lake Charles, US, on October 19-21, 2025, bringing together energy leaders to explore the importance of LNG for economic growth, energy security and the global energy transition....

Energy, Oil & Gas

EU imports $16.9bn in green energy products

In 2024, the EU imported €11.1 billion ($12.8 billion) worth of solar panels, €2.9 billion of liquid biofuels, and €0.5 billion worth of wind turbines from extra-EU countries, totalling almost €14.6 billion ($16.9 billion) in imports of green energy products, according to data released by Eurostat, the EU’s statistical office....

Energy, Oil & Gas

Yanbu inaugurates new wind energy systems factory

Al Yamamah Steel Industries Company has launched commercial production at its Al Yamamah Wind Energy Systems Factory in Yanbu Industrial City, Saudi Arabia, with the project being supervised and supported by the Saudi Arabian Ministry of Energy....