8/1/2026 9:13:53 AM (Volume: 43 / Issue: 8)
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Tag: energy

Energy, Oil & Gas

US-Saudi Mera Oil advances final site selection for $5bn refinery project

US-Saudi consortium Mera Oil has entered the final stage of selecting a host location for its planned $5 billion integrated refinery and energy export corridor. Following three years of evaluation, three GCC sites outside the Strait of Hormuz have been shortlisted. ...

Energy, Oil & Gas

Global electricity demand growth to hit 3.6pc in 2026: IEA

The International Energy Agency (IEA) expects global electricity demand to grow 3.6 per cent in 2026 and 3.8 per cent in 2027, driven by electrification, data centres and industrial demand despite LNG market disruptions and energy price volatility....

Energy, Oil & Gas

EV acquires Scientific Data Systems to expand wellbore tech

Enersol announced that its portfolio company, EV, has acquired Houston-based Scientific Data Systems (SDS), developer of the Warrior Data Acquisition System, a widely deployed wellbore logging acquisition platform used across the global energy industry....

Energy, Oil & Gas

Iraq signs $200bn worth energy sector deals in US

Iraqi Oil Minister Bassem Mohammed Khudair said the value of the energy-sector contracts and agreements signed in Washington during during Prime Minister Ali Al-Zaidi's visit to the United States amounted to around $200 billion....

Energy, Oil & Gas

Fahnbulleh appointed UK Secretary of Energy

In a swift overhaul of the cabinet following the resignation of Keir Starmer, newly appointed Prime Minister of the UK, Andy Burnham, has named Miatta Fahnbulleh as the new Secretary of State for Energy Security and Net Zero....

Energy, Oil & Gas

UAE invests more than $85bn in US energy sector

The UAE has invested more than $85 billion in US energy assets across 19 states, supporting power generation, advanced chemicals, and energy infrastructure. The investments have been made through XRG, ADNOC, and Masdar. ...

Energy, Oil & Gas

Rosen Group completes 2 MW solar project at Lingen site

Rosen Group has commissioned a 2 MW photovoltaic system at its Lingen site, Germany, featuring 4,500 solar modules and smart energy management. The €2 million ($2.3 million) project enables 98.7 per cent on-site electricity use, advancing renewable energy goals....

Energy, Oil & Gas

Iraq signs US energy partnerships to boost oil, power infrastructure

Iraq has signed energy agreements with US firms including ExxonMobil, KBR and GE Vernova to advance oil and power projects, while progressing a Mediterranean Energy Corridor pipeline initiative with a planned capacity of two million barrels per day. ...

Energy, Oil & Gas

North Sea energy leaders named co-chairs of SPE Offshore Europe 2027

David Latin, Chair of Serica Energy, and Yaniv Friedman, Executive Chairman of Ithaca Energy, have been appointed co-chairs of the conference and executive committee for SPE Offshore Europe 2027 (OE27), which will take place at P&J Live in Aberdeen from September 7–9, 2027....

Energy, Oil & Gas

IEA warns critical mineral supply risks persist despite diversification efforts

The International Energy Agency (IEA) has warned that global supply chains for critical minerals remain highly vulnerable despite growing efforts to diversify production, with rising geopolitical tensions and export restrictions posing significant risks to energy security and industrial growth....

Energy, Oil & Gas

US, Iraq discuss deeper economic ties, energy investment

The United States and Iraq discussed expanding economic co-operation and increasing US investment in the Arab nation’s energy sector during high-level talks at the White House on Wednesday, as the two countries sought to deepen their strategic partnership. ...

Energy, Oil & Gas

Vedanta O&G named among India’s best workplaces 2026

Vedanta Oil and Gas Limited (VOGL) has been recognised among India’s Best Workplaces 2026 in the Energy, Oil & Gas industry by Great Place to Work India, marking the company’s seventh consecutive year receiving the certification....

Energy, Oil & Gas

Worley secures five-year Aramco deal for Saudi energy projects

Worley has secured a five-year agreement among 11 contractors selected by Aramco to support major Saudi projects, delivering energy infrastructure, consultancy services, and digital solutions across engineering, construction, and talent development....

Energy, Oil & Gas

Action Energy, Kellton form GCC AI joint venture

Action Energy Company (AEC) and Kellton have launched a GCC joint venture to deliver AI-powered digital oilfield and IT solutions. The partnership will roll out Kellton’s OPTIMA platform, beginning in Kuwait before expanding to Qatar, Saudi Arabia, the UAE and Oman....

Energy, Oil & Gas

Oman launches digital supply chain initiative for energy sector

Oman's Ministry of Energy and Minerals has launched a digital supply chain initiative to improve procurement, contract management and spending efficiency across the energy sector, which manages annual supply contracts worth more than RO4 billion ($10.4 billion)....

Energy, Oil & Gas

SLB secures Kuwait Oil Ahmadi Innovation Valley deal

SLB has been awarded a seven-year contract by Kuwait Oil Company under the Ahmadi Innovation Valley initiative, supporting research, digital innovation and deployment of technologies including AI, IIoT, reservoir management and energy transition solutions....

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