8/31/2026 8:28:10 PM (Volume: 43 / Issue: 9)
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Tag: Energy

Energy, Oil & Gas

Türkiye at energy crossroads as IEA urges faster investment in infrastructure

Türkiye is entering a pivotal phase in the development of its energy sector, with strong economic and population growth driving rising electricity demand and increasing the need for investment in infrastructure, flexibility and energy efficiency, according to a new review by the International Energy Agency (IEA)....

Energy, Oil & Gas

AI, data centres reshape energy demand, says Middle East Energy Director

The rapid growth of artificial intelligence (AI) and data centres is reshaping energy demand and increasing the focus on flexible generation, energy storage, critical power and smart energy management, according to Mark Ring, Group Director of Middle East Energy....

Energy, Oil & Gas

Ian Tyler appointed bp Chair

BP today announced that it has appointed Ian Tyler as Chair of the company following an extensive search process, including both internal and external candidates. He will assume the role immediately....

Energy, Oil & Gas

Saudi Energy signs three agreements to support AI, data centre growth

Saudi Energy has signed three strategic agreements at LEAP 2026 with HUMAIN, center3 and Huawei to strengthen energy and digital infrastructure for Saudi Arabia’s expanding AI and data centre sector, supporting future capacity, investment and technological growth....

Energy, Oil & Gas

Acwa, Veolia team up to cut desalination energy costs

Saudi-listed Acwa has signed an MoU with Veolia in Paris to optimise seawater desalination, combining technical expertise to improve SWRO plant design, operations and equipment selection while reducing energy consumption....

Energy, Oil & Gas

Venezuela's interim President says US energy pact to run for 25 years

Venezuelan interim President Delcy Rodriguez said that a new energy agreement with the US will remain in force for 25 years, targeting crude oil production of more than 1.5 million barrels per day (bpd) while preserving Venezuela’s sovereignty over its natural resources....

Energy, Oil & Gas

Senegal advances data-driven energy planning to expand electricity access

Senegal is strengthening energy planning to expand electricity access, attract investment and meet rising demand. A government-led programme, supported by international partners, is building institutional capacity and modelling expertise to accelerate power sector development....

Energy, Oil & Gas

Egypt, Adnoc Drilling explore expanded partnership

Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, met with Abdullah Al Messabi, CEO of Adnoc Drilling, to discuss strategic cooperation and the company’s potential role in Egypt’s expanded onshore and offshore drilling programme....

Energy, Oil & Gas

Abu Dhabi DoE expands US cooperation on future energy, water systems

The Department of Energy – Abu Dhabi (DoE) has signed a series of Memoranda of Understanding (MoUs) with international regulatory, academic and technology partners during an official visit to the US, strengthening cooperation on the future of the emirate’s energy and water sectors....

Drilling (Offshore & Onshore)

IntrospeXion signs deal to look after energy workers' wellbeing

Energy-focused psychological consultancy IntrospeXion has signed a contract with a major UAE-based energy operator to deliver a company-wide mental health and wellbeing programme that will support employees across onshore, remote, and offshore sites....

Energy, Oil & Gas

Canada unveils $70 billion clean energy and critical minerals push

Canada has unveiled a nearly $70 billion clean energy investment centred on hydropower expansion in Newfoundland and Labrador and Québec, in a move that could strengthen the country's position as a major supplier of clean electricity and critical minerals to international markets....

Energy, Oil & Gas

Saipem lands $1.8bn offshore EPCI contract in the Middle East

Saipem, a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, has won a key contract worth $1.8 billion to provide engineering, procurement, construction and installation (EPCI) services for an offshore project in the Middle East. ...

Energy, Oil & Gas

KIOGE 2026 marks 30 years of connecting global energy sector

The Kazakhstan International Oil & Gas Exhibition and Conference - KIOGE 2026 -- offers global companies the opportunity to showcase solutions, develop strategic partnerships and strengthen their presence in this important energy market of Central Asia....

Energy, Oil & Gas

Sohar International reaffirms support for Oman’s energy transformation

Sohar International has reaffirmed its commitment to supporting Oman’s energy sector and sustainable economic growth through a joint symposium titled “Oman’s Energy Sector in a Reshaped Gulf: Driving Economic Growth, Investment, and Global Competitiveness.”...

Energy, Oil & Gas

Acwa Power revenue soars to $1.2bn in H1; net profit plunges 28pc

Saudi utility giant Acwa Power has reported mixed first-half results, with its revenue soaring to SAR4 billion ($1.2 billion) mainly driven by higher energy sales and increased O&M services earnings, while its net profit for the six-month period fell 28% to SAR653.2 million ($174.2 million). ...

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