Tag: energy

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....

Energy, Oil & Gas

Global 2025 energy demand led by solar, gas: IEA report

Global energy demand growth slowed in 2025, while electricity use rose faster. Solar PV led supply growth for the first time, followed by natural gas, which accounted for 17 per cent mainly in power generation, according to a new International Energy Agency (IEA) report. ...

Energy, Oil & Gas

IMF says Mideast states face uneven fallout from Iran war

Energy disruptions from the Iran war strain Gulf oil and gas exporters, while importers like Egypt and Jordan face higher commodity prices and reduced remittances from Gulf workers, worsening economic pressures across the region, said the International Monetary Fund (IMF)....

Energy, Oil & Gas

Energy output recovery will take two years says IEA chief

Energy ​output lost in the Middle East from the ongoing ‌conflict in the region will take about two years to recover, Fatih Birol, the head of the International Energy Agency, was quoted as saying in an interview with ​the Neue Zuercher Zeitung newspaper....

Energy, Oil & Gas

District cooling enhances efficiency in challenging times: opinion

Increasing temperatures and energy demand make energy efficiency a priority. Cooling dominates electricity use in Gulf countries, reaching 70 per cent of peak building demand in Bahrain, straining grids and driving need for sustainable solutions urban growth, according to Ali Al Rumaihi is the Country Manager for Tabreed in Bahrain...

Energy, Oil & Gas

Bernstein names Adnoc Gas, Fertiglobe as ‘Best Picks’ in Mena energy

Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities....

Energy, Oil & Gas

Global shocks spur energy policy and spending surge: IEA

Recent global shocks have spurred intensive energy policymaking, increasing focus on security, resilience and affordability, and boosting public spending, according to the IEA’s State of Energy Policy 2026 report reviewing global policy changes in 2025....

Energy, Oil & Gas

ADB launches new trust fund to accelerate progress on ASEAN power grid

The Asian Development Bank (ADB) has launched a multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN)—the first such fund in the region. ...