Jeju Air, Jin Air and other Korean budget airlines cut 900 round-trip flights and introduced emergency measures as Middle East tensions pushed jet fuel prices sharply higher, with further flight reductions expected in coming months....
Global LNG exports fell to about 33 million tonnes in April 2026, the lowest in nearly two years, as Middle East tanker disruptions linked to the US-Israeli war with Iran impacted shipping flows....
IntrospeXion, a specialist consultancy firm providing mental health and wellbeing aid to offshore and energy workforces, has announced expansion into the Middle East through a new entity....
The European Union (EU) will urge members to cut their dependence on Middle Eastern jet fuel and look into increasing imports from the US, in new guidelines expected next week, an official source told Reuters, as the Iran war disrupts global supply....
INTECH secured a contract for the design, engineering, procurement, integration, and testing of multi-wellhead shutdown systems for gas modular skids for a leading NOC in the Middle East....
Gas and oil sites are among the most vital and high-risk pieces of critical infrastructure. This is especially true for the Mena region, which produces 30 per cent of the global oil supply and 17 per cent of the global gas supply, while having to account for active security risks and vulnerabilities that most of the world never considers....
Asia's biggest liquefied petroleum gas (LPG) importers, including India and China, are racing to replace disrupted Middle East supplies with cargoes from the Americas, driving spot premiums to record highs, analysts and traders said....
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....
Investment in renewable energy projects in the Middle East has jumped by 28 per cent, year-on-year, according to a new report from Ansarada, a mergers and acquisitions (M&A) and infrastructure procurement platform. ...
Oil prices extended gains on March 30, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the US-Israel war with Iran in the Middle East....
KEC International, a global infrastructure engineering, procurement and construction (EPC) major and a unit of key Indian conglomerate RG Group, has announced that it has secured the largest composite order from Saudi Arabia for setting up 380 kV transmission lines, substations and EHV Cabling in the kingdom. ...
European natural gas prices surged sharply by around 30 per cent on March 9, amid growing uncertainty in global energy markets and escalating military tensions in the Middle East, raising fears of prolonged supply disruptions....
India's GAIL said it will assess curbing supplies to natural gas customers after a force majeure notice from long-term supplier Petronet LNG over constraints on vessels as conflict escalates in the Middle East....
A sharp escalation in the Middle East conflict has triggered major disruptions across the region’s energy industry, with QatarEnergy announcing a halt to LNG production, Saudi Aramco shutting its Ras Tanura refinery and the shipping almost coming to a halt in Strait of Hormuz....
At least 150 tankers, including crude and LNG vessels, dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed, after US and Israeli strikes on Iran plunged the region into turmoil....
The Middle East, historically a cornerstone of global oil and gas supply, is poised to emerge as a significant hub for asset decommissioning, with around 700 offshore facilities currently awaiting action and projections indicating an increase to 1,000 structures and 300 wells by 2038....
Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region. ...
The 2026 sovereign credit outlook for the Middle East region is stable thanks to the continued economic and credit resilience despite elevated geopolitical tensions and lower oil prices, said a S&P report, adding that the average regional growth is set to accelerate slightly to about 3.5%. ...
Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to a new International Energy Agency (IEA) report. ...
Intech, an industrial automation and digitalization technology company, has secured an intelligent field operations and maintenance (I-field O&M) contract covering more than 1,000 oil and water wells at an oil and gas production facility in the Middle East....
