Modutec announced a majority investment in Aberdeen-based EOS Europe, an electrical services provider for energy and marine sectors, delivering projects across the UK, USA and Norway. ...
Austrian oil and gas group OMV said it expected higher energy prices to more than offset disruptions to production and sales volumes caused by the war in the Middle East, a Reuters report said....
The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group will meet on Monday to discuss the energy crisis triggered by the Iran war. ...
Oil prices have dropped sharply and stock markets have jumped after the US and Iran agreed a two-week ceasefire deal that includes the reopening of the Strait of Hormuz waterway....
Oman’s Ministry of Energy and Minerals, with be’ah, held a workshop on a national facility to manage naturally occurring radioactive material (NORM) waste, supporting efforts to build a safe, integrated system for handling radioactive waste from oil and gas activities. ...
The Black Gold Museum at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh was inaugurated on Tuesday, marking a significant milestone in Saudi Arabia’s cultural landscape....
The Maharlika Consortium, with WEnergy Global and CleanGrid Partners, has broken ground on 24 off-grid microgrids in the Philippines, a $35 million project and the largest private-sector rural electrification initiative in the country....
Oman’s Authority for Public Services Regulation (APSR) will implement three energy projects—renewables, battery energy storage systems, and demand response—while improving service assurance standards in 2026 to boost efficiency and reliability. ...
Global technology company SLB announced a three-year agreement with Azule Energy to continue and expand the use of its enterprise digital platform across Azule’s operations in Angola. ...
The European Commission (EU) has urged member states to cut their use of oil and gas—especially in transportation—due to the ongoing energy crisis and the risk of supply disruptions linked to the war in the Middle East....
The finance and energy ministers of the G7 group affirmed their readiness to take "all necessary measures" to ensure the stability of the energy market, as part of their efforts to address the economic repercussions of the war in the Middle East....
The International Energy Agency (IEA ) launched a policy tracker monitoring government responses to Middle East energy market impacts, detailing measures to conserve energy, protect consumers, and address supply disruptions and price volatility in oil, oil products, and LNG markets....
Australian Prime Minister Anthony Albanese announced a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East....
EnergyX, a South Korea-founded building energy tech company, secures major Qatari backing to establish its global HQ, expand deep-tech solutions, pursue acquisitions across GCC and Europe, and create over 100 high-skilled jobs...
Schneider Electric research shows energy and chemicals executives increasingly prioritize autonomous operations, with 31.5–44 per cent seeing it as critical. Adoption faces cost, legacy, and regulatory barriers, while delays risk higher costs, talent gaps, and competitiveness loss. ...
Qatar National Bank (QNB) said China's economic growth outlook remains broadly resilient despite mounting geopolitical tensions and volatility in global energy markets, citing structural factors that mitigate the impact of rising energy prices....
Global energy technology company SLB announced an expansion of its technology collaboration with NVIDIA to design and deploy critical AI infrastructure and models for the energy industry....
New International Energy Agency (IEA) analysis finds many energy technology supply chains contain at least one weak link, underscoring need to reduce concentration and improve industrial competitiveness. ...
Global oil prices rose on Thursday, recovering part of the previous session’s losses, as market participants reassessed the outlook for a potential de-escalation in tensions involving Iran and the United States. The conflict has continued to disrupt energy flows across a critical oil-producing region....
China launched its first AI platform for energy storage data analysis. Using AI and big data, it remotely detects defects and hazards in new energy storage equipment, generating real-time maintenance plans for prompt action....
