Oil & Gas News (OGN)

Tag: energy

Energy, Oil & Gas

85pc of energy insiders see greater investment appeal despite global uncertainty: Adipec report

Thu, 22 Oct 2026

Energy sector resilience has exceeded expectations, with 64% of energy insiders see greater resilience despite disruption, while 85% consider the energy sector a more attractive investment than five years ago. The Middle East is also emerging as a key growth market, according to Adipec ’s Global Energy Report 2026: Power Shift....

Energy, Oil & Gas

EU sustainable investment surpasses $1.3trn since 2021

Wed, 21 Oct 2026

The European Union (EU) has attracted over €1.2 trillion ($1.3 trillion) in sustainable investment since 2021, with more than €320 billion invested in 2025 alone, as the bloc’s green finance framework supports clean energy, decarbonisation and energy security....

Energy, Oil & Gas

Hormuz could become redundant in five years, says HSBC chief; Brent tops $110

Wed, 21 Oct 2026

The Strait of Hormuz could become redundant within five years as Gulf countries accelerate investment in alternative energy export routes following the Iran war, HSBC Group Chief Executive Georges Elhedery said, even as renewed supply concerns pushed Brent crude above $110 a barrel on Wednesday....

Energy, Oil & Gas

Global energy demand to rise 20pc by 2055, boosting gas investment needs

Thu, 15 Oct 2026

Global energy demand is projected to increase by 20% by 2055, rising from 641 exajoules (EJ) in 2024 to 768 EJ, driven by population and economic growth, according to Abubakar Abbas, senior energy forecast analyst at the Gas Exporting Countries Forum (GECF)....

Energy, Oil & Gas

24pc drop in thriving employees across Mideast energy sector, Marsh study finds

Wed, 14 Oct 2026

Employee well-being is emerging as a critical business resilience and workforce retention issue for the Middle East energy, engineering and resources (ENR) sector, with new analysis from Marsh revealing a 24 per cent decline over two years in employees reporting that they are thriving....

Energy, Oil & Gas

Bahrain stresses international cooperation at WPC Energy Congress

Tue, 13 Oct 2026

Bahrain’s Oil Minister Dr Mohammed bin Mubarak Bin Dainah has stressed the importance of international cooperation, advanced technologies and operational efficiency to strengthen energy security and support sustainable growth at the 25th WPC Energy Congress in Saudi Arabia....

Energy, Oil & Gas

L&T showcases energy, infrastructure expertise at top Saudi expo

Mon, 12 Oct 2026

Indian construction and engineering conglomerate Larsen & Toubro (L&T) is bringing its energy and infrastructure expertise into focus at the ongoing WPC Energy Congress in Riyadh. The company is playing a vital role at the event as the Industry Sponsor. ...

Energy, Oil & Gas

KAPSARC participates as national partner at 25TH WPC Energy Congress in Riyadh

Sun, 11 Oct 2026

KAPSARC is participating as a National Partner in the 25th WPC Energy Congress in Riyadh, bringing its leadership and research experts into international discussions on the future of energy, technology and sustainability....

Energy, Oil & Gas

Tarshid completes major energy efficiency retrofit project at Jazan University

Wed, 07 Oct 2026

Saudi energy company Tarshid said it has completed an energy efficiency retrofit project at Jazan University in the kingdom. ...

Energy, Oil & Gas

Saudi Arabia, Bahrain seek to deepen industrial, economic ties

Wed, 07 Oct 2026

Saudi Arabia and Bahrain discussed ways to strengthen industrial co-operation and deepen bilateral economic ties during talks in Manama, reported SPA. The meeting took place during Saudi Energy and Industry and Mineral Resources Minister Prince Abdulaziz bin Salman's visit to Bahrain. ...

Energy, Oil & Gas

Saudi Arabia restores oil flows through East-West pipeline to 5.8m bpd

Wed, 07 Oct 2026

Saudi Arabia has restored oil flows through its strategic East-West Pipeline to 5.8 million barrels per day (bpd), strengthening the Kingdom’s ability to move crude to global markets....

Energy, Oil & Gas

Oil inventories 'scarily thin', rebuilding buffers could take two years: Aramco chief

Tue, 06 Oct 2026

Global oil inventories have depleted to "scarily thin" levels, and rebuilding the world's energy buffers could take up to two years once vital shipping lanes reopen, Saudi Aramco President and CEO Amin Nasser warned Monday....

Energy, Oil & Gas

Parker Hannifin to showcase energy solutions at ADIPEC 2026

Mon, 05 Oct 2026

Parker Hannifin will showcase its motion and control technologies under the theme “Engineered to Keep Energy Moving” at ADIPEC 2026 in Abu Dhabi from November 2 to 5, highlighting solutions designed to support continuous energy operations....

Energy, Oil & Gas

KBR appoints Rami Qasem to board of directors

Fri, 02 Oct 2026

KBR, a global, capital-light lifecycle solutions company serving customers in high-complexity industrial, energy and infrastructure markets, has appointed Rami Qasem to its board of directors effective October 1, 2026....

Energy, Oil & Gas

ADIPEC 2026 to see record Asian participation as energy demand drives investment

Tue, 29 Sep 2026

ADIPEC 2026 is set to welcome its strongest-ever participation from Asia, with 353 companies and six national pavilions from China, India, Japan, Malaysia, Singapore and South Korea joining the event in Abu Dhabi from November 2-5....

Energy, Oil & Gas

Gotion wins 75pc of Saudi Arabia's first utility-scale BESS tender

Mon, 28 Sep 2026

Saudi Arabia has awarded China’s Gotion High-Tech 6 GWh of capacity under its first utility-scale battery energy storage programme, as part of the $1.16 billion G1 project, thus marking a major step in its drive to expand energy storage capacity and support its Vision 2030 energy transition goals. ...

Energy, Oil & Gas

Albudaiwi calls for stronger regional convergence

Sun, 27 Sep 2026

Advancing regional convergence and connectivity across energy, trade, transport and the digital economy constitutes a vital pathway to support economic growth. ...

Energy, Oil & Gas

25th WPC Energy Congress to bring global energy leaders to Riyadh

Thu, 24 Sep 2026

The 25th WPC Energy Congress will bring together energy ministers, industry executives, policymakers and global energy leaders in Riyadh from October 11–15, 2026, under the theme “Pathways to an Energy Future for All.”...

Energy, Oil & Gas

SLB wins major EPC contract for Bisat-B expansion in Oman

Thu, 24 Sep 2026

Global energy technology company SLB has announced that it has secured a major EPC contract from Omani group OQ Exploration & Production (OQEP) for the expansion of the sultanate's Bisat-B Production Facility. The entire project is scheduled for completion within 19 months. ...

Energy, Oil & Gas

EU energy import bill surges as oil values jump 55.8pc in Q2

Wed, 23 Sep 2026

The value of the European Union’s petroleum oil imports surged 55.8 per cent in the second quarter of 2026, while volumes remained broadly stable, rising 1.2 per cent to a monthly average of 36.7 million tonnes, according to Eurostat....

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