6/1/2026 9:49:02 AM (Volume: 43 / Issue: 6)
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Tag: Energy

Energy, Oil & Gas

IEA launches tracker to monitor energy policy responses to Mideast conflict

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....

Energy, Oil & Gas

Australia halves fuel excise to counter global energy turmoil

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....

Energy, Oil & Gas

EnergyX gains Qatar support to expand deep-tech energy solution

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...

Energy, Oil & Gas

Energy sector boosts autonomous investment by 2030: study

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. ...

Energy, Oil & Gas

China's growth resilient to global energy shocks: QNB

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....

Energy, Oil & Gas

SLB industrialises AI for energy industry with NVIDIA

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....

Energy, Oil & Gas

Stronger supply chains reduce energy tech risks: IEA

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. ...

Energy, Oil & Gas

Global oil prices rise as war de-escalation efforts face roadblocks

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....

Energy, Oil & Gas

China launches first AI analysis platform for energy storage

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....

Energy, Oil & Gas

Abu Dhabi confirms readiness, efficiency of energy, water ecosystem

Abu Dhabi Department of Energy has confirmed the readiness and efficiency of the emirate's energy and water ecosystem following field visits to several of its vital utility facilities. This comes in line with its efforts to advance sustainability while strengthening energy and water security in the emirate. ...

Energy, Oil & Gas

Oil rises as Trump urges nations to help reopen Hormuz

Oil prices rose on Monday as investors weighed renewed geopolitical risk despite US President Donald Trump urging other countries to join efforts to secure the Strait of Hormuz, while Iran said the strategic waterway remained open only to countries that are not directly involved in attacks against it....

Energy, Oil & Gas

Middle East tensions spark energy supply chain shock

The Middle East conflict is causing an energy-led supply chain shock, with very different effects around the world even as market pricing suggests weeks of disruptions, not days or months, said an expert, stating that this episode adds to inflation risk in a world shaped by supply factors. ...

Energy, Oil & Gas

TAQA elects new board and chairman

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, on Friday announced that its shareholders have confirmed the composition of its new Board of Directors following the company’s Annual General Assembly....

Energy, Oil & Gas

SLB provides update on Mideast operations, first quarter outlook

SLB is monitoring the Middle East situation, prioritising employee safety, suspending travel, and demobilising operations. First-quarter revenue is expected lower, with earnings impacted. Despite disruptions, the company remains confident in its global business resilience....

Energy, Oil & Gas

Trump announces '$300bn refinery' project in Texas with Reliance backing

US President Donald Trump has announced plans for what he described as a $300 billion refinery investment in Texas backed by India’s Reliance Industries, calling it the first new oil refinery to be built in the United States in nearly 50 years and a major step toward restoring American energy dominance....

Energy, Oil & Gas

Aramco reports strong 2025 results with $104.7bn net income

Aramco reported strong 2025 results with adjusted net income of $104.7 billion, including $25.1 billion in Q4. Operating cash flow reached $136.2 billion for the year and $40.8 billion in Q4, with free cash flow of $85.4 billion....

Energy, Oil & Gas

Bapco Energies declares force majeure

Bapco Energies, Bahrain’s integrated energy company, hereby serves notice of force majeure on its group operations which have been affected by the on-going regional conflict in the Middle East and the recent attack on its refinery complex. ...

Energy, Oil & Gas

Saudi utility major Acwa names new CEO

Acwa, the world’s largest private water desalination company, has appointed Dr. Samir J. Serhan as its new Chief Executive Officer. An industry veteran, he brings more than three decades of global leadership experience across large-scale industrial and infrastructure organisations to the new role. ...

Energy, Oil & Gas

Saudi Arabia’s energy evolution champions diversification

Maintaining its unrivalled position as the world’s lowest-cost hydrocarbon producer, the Kingdom is simultaneously deploying renewables, green hydrogen and carbon capture to power energy its diversification strategy....

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