Tag: energy

Energy, Oil & Gas

ADNOC committed to $150bn energy capital expenditure, says Dr Al Jaber

ADNOC remained committed to its $150 billion five-year capital expenditure (CAPEX) programme, said Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. He sought an absolute commitment to freedom of navigation through the Strait of Hormuz to to enhance global energy resilience....

Energy, Oil & Gas

OPES, Oman Sustainability Week 2026 open in Muscat

Oman Petroleum & Energy Show and Oman Sustainability Week opened on May 18, 2026 at Oman Convention and Exhibition Centre, convening global energy leaders, policymakers, investors, and sustainability experts....

Energy, Oil & Gas

Ludoil Capital to acquire ISAB refinery in major energy deal

Ludoil Capital, a wholly-owned subsidiary of Ludoil Energy, has signed a Sale and Purchase Agreement with GOI Energy to acquire its equity stake in ISAB, owner of the Priolo Gargallo refinery and related industrial, logistics and energy infrastructure in Sicily....

Energy, Oil & Gas

US breaks energy production record in 2025 with 3.4pc increase: EIA

Total energy production in the US increased to a new record of 107 quadrillion British thermal units (quads) in 2025, a 3.4 per cent increase from the previous record set in 2024, according to new data in the US Energy Information Administration (EIA) Monthly Energy Review....

Energy, Oil & Gas

Africa faces energy planning shift amid rapid AI expansion

AI is rapidly increasing global electricity demand, with data centres scaling to gigawatt levels. Africa faces a mismatch between rising AI-driven needs and incremental energy planning, requiring more reliable, large-scale, integrated power infrastructure development....

Energy, Oil & Gas

Major energy, sustainability events return to Muscat from May 18

Oman Sustainability Week (OSW) and the Oman Petroleum and Energy Show (OPES) will take place from May 18 to 20, 2026 at the Oman Convention and Exhibition Centre in Muscat, under the patronage of the Ministry of Energy and Minerals....

Energy, Oil & Gas

Aramco Q1 net income rises to $33.6bn despite disruptions

Oil giant Saudi Aramco reported a sharp rise in first-quarter profit on Sunday, citing strong operational resilience and the ability to maintain exports despite disruptions to shipping through the Strait of Hormuz....

Energy, Oil & Gas

Utilities, tech leaders to converge at EmPOWER AI 2026

Bidgely’s EmPOWER AI 2026 conference will take place May 12–14 in New York City, bringing together utility leaders, researchers, and technology experts to explore the growing role of artificial intelligence in the energy sector....