Tag: energy

Energy, Oil & Gas

88pc of leaders say AI essential to energy transformation: report

A new report by Adnoc and Microsoft indicates that AI is transforming the energy sector, especially in distribution and emerging solutions like predictive maintenance and smart grid management. Notably, 88 per cent of respondents believe scaling AI is crucial for energy transformation....

Energy, Oil & Gas

Singapore 'seriously' considering nuclear energy

Singapore is "seriously studying the potential deployment of nuclear energy, especially newer technologies such as small modular reactors," Minister-in-charge of Energy and Science and Technology Tan See Leng said at the opening of Singapore International Energy Week....

Energy, Oil & Gas

30th Irena Council to review energy transition priorities ahead of COP30

The International Renewable Energy Agency (Irena) convenes its 30th Council meeting October 30 in Abu Dhabi to review progress on the Agency’s work and consider collective priorities to accelerate the global energy transition, as preparations advance for COP30 and the 16th Irena Assembly....

Energy, Oil & Gas

South Africa’s shale gas awakening could redefine its energy future

South Africa's decision to lift its moratorium on shale gas exploration could transform the Karoo Basin's estimated 200 trillion cubic feet of recoverable gas into production. This move is vital for diversifying the energy mix and advancing an inclusive energy transition....

Energy, Oil & Gas

UAE discusses cooperation on energy transition with G20 countries

Sharif Al Olama, UAE's Undersecretary for Energy, held bilateral meetings during the G20 Energy Meetings in South Africa with countries like Singapore and Germany. Discussions focused on energy transition, clean hydrogen, and potential cooperation in nuclear energy and LNG, including Singapore's possible membership in the Global Energy Efficiency Alliance....

Energy, Oil & Gas

Mozambique can leverage its energy wealth to drive growth: IEA

To serve a rapidly growing population, Mozambique’s significant energy resources can support government efforts to achieve universal access to electricity and clean cooking while charting a path to economic development, according to the International Energy Agency (IEA) first ever energy policy review of the country....

Energy, Oil & Gas

Riyadh gears up for inaugural Hydrogen Arabia Summit

Global energy leaders, investors, and innovators in the hydrogen sector along with senior government officials will be at the inaugural Hydrogen Arabia Summit in Riyadh this December to drive the kingdom’s hydrogen economy by utilising global expertise and tieups. ...

Energy, Oil & Gas

Trina Storage unveils 6 MWh+ energy storage system

Trina Storage, an energy storage solution and a business unit of Trinasolar, has announced the launch of its next-generation 6.25 megawatt-hour (MWh) energy storage platform in Saudi Arabia. ...

Energy, Oil & Gas

Americas LNG Summit & Exhibition 2025 to kick off on October 19

The Americas LNG Summit & Exhibition returns to Lake Charles, US, on October 19-21, 2025, bringing together energy leaders to explore the importance of LNG for economic growth, energy security and the global energy transition....

Energy, Oil & Gas

EU imports $16.9bn in green energy products

In 2024, the EU imported €11.1 billion ($12.8 billion) worth of solar panels, €2.9 billion of liquid biofuels, and €0.5 billion worth of wind turbines from extra-EU countries, totalling almost €14.6 billion ($16.9 billion) in imports of green energy products, according to data released by Eurostat, the EU’s statistical office....

Energy, Oil & Gas

Yanbu inaugurates new wind energy systems factory

Al Yamamah Steel Industries Company has launched commercial production at its Al Yamamah Wind Energy Systems Factory in Yanbu Industrial City, Saudi Arabia, with the project being supervised and supported by the Saudi Arabian Ministry of Energy....

Energy, Oil & Gas

UN report calls for responsible energy transition mineral investment

The financial system, governance and regulation of mineral exploration and mining must be reformed to ensure greater capital flows and a clean energy transition, say the authors of a new report by the UN Environment Programme-hosted International Resource Panel....

Energy, Oil & Gas

Penspen secures over $400m contracts in Mena

Penspen, an engineering and energy services consultancy, has announced record performance in the Middle East & Africa (Mena), securing project management consultancy and engineering contracts worth more than $400 million so far this year....

Energy, Oil & Gas

Algeria plans $60bn energy investment over five years

Algeria will invest $60 billion in energy projects between 2025 and 2029 as part of a large-scale strategy to boost oil, gas and hydrogen development, Energy and Mines Minister Mohamed Arkab said....

Energy, Oil & Gas

SFME, Boston Consulting Group host expert roundtable on energy's future

Sustainability Forum Middle East (SFME), a regional platform dedicated to driving net zero and nature positive solutions, in partnership with Boston Consulting Group (BCG), hosted a high-level roundtable on “The Future of Energy: Scaling Green Nuclear, Renewables & Funding Mechanisms”, marking the latest event in SFME’s 2025 Decarbonisation Roundtable Series....

Energy, Oil & Gas

IEA estimates 4,600 GW rise in global renewable capacity by 2030

Renewable electricity generation is expected to more than double globally by 2030, driven by solar PV growth, according to the International Energy Agency (IEA). Despite supply chain issues and financial pressures, global renewable power capacity could rise by 4,600 GW, equivalent to the total capacity of China, the EU, and Japan combined....