Digitalisation will help attract talent: AVEVA CEO

Will Artificial Intelligence (AI) and digital technologies reduce job opportunities in the industrial and energy sectors, even as the...

Breaking barriers: Women transform energy leadership

The global energy sector has always reflected larger economic and geopolitical shifts, shaped by cycles of growth, disruption, and re...

US drillers cut rigs for first time in three weeks

US energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services fir...

Shell studying merits of buying BP, says report

Shell is working with advisers to evaluate a potential acquisition of rival BP, though it is waiting for further stock and oil price ...

Oil down 2% as OPEC+ accelerates output hikes

Oil prices fell more than 2% on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring co...

OPEC+ to further speed up oil output hikes, says report

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OP...

Maire announces new contract awards worth $1.1bn

Maire, has announced that its subsidiaries Tecnimont and KT-Kinetics Technology have been granted new awards for a total amount of ap...

SABIC losses narrow to $320m in Q1

SABIC, a global leader in chemicals, reported a net loss of SAR1.2 billion ($320 million) for the first quarter of 2025, representing...

UAE supplies 41.4pc of Japan’s oil imports in March 2025

Japan imported 32.48 million barrels of crude oil from the UAE in March 2025, accounting for 41.4 per cent of its total oil imports, ...

Masdar completes acquisition of Greece's largest renewables firm

Besix secures LNG jetty contract at Sohar Port

Besix, a specialist in the design and construction of marine infrastructures, has won a significant marine infrastructure project at ...

QatarEnergy in talks with Japan on long-term LNG supply deal

QatarEnergy, is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project, five trading ...

Opec+ agrees another accelerated oil output hike for June

Opec+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day...

Adnoc lowers Murban crude OSP to $67.73 a barrel for June

The Abu Dhabi National Oil Company (Adnoc) has set the June official selling price of its benchmark Murban crude at $67.73 a barrel, it...

Global nuclear fusion project achieves milestone with strong magnet

A much-delayed nuclear fusion project involving more than 30 countries is ready to assemble the world's most powerful magnet - a ...

Independent probe ordered into Bapco incident

An independent consultant has been formally appointed to lead the investigation into a tragic incident at the Bapco Refining complex ...

TotalEnergies, OQEP break ground at Marsa LNG

TotalEnergies and OQ Exploration and Production celebrated the ground-breaking of the Marsa LNG plant, in the port of Sohar, northern...

NMDC reports 22% year-on-year rise in Q1 net profit

NMDC Group, a leading engineering, procurement, construction, and marine dredging company, reported a 22% year-on-year increase in ne...