Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

UAE renewable energy capacity soar 63-fold in 10 years: Minister

Thu, 22 Oct 2026

The UAE’s renewable energy capacity surged more than 63-fold, from 129 megawatts in 2015 to over 8.2 gigawatts in 2025, with clean energy accounting for 32.4% of electricity generation, said Suhail Al Mazrouei, Minister of Energy and Infrastructure.

Energy, Oil & Gas

85pc of energy insiders see greater investment appeal despite global uncertainty: Adipec report

Thu, 22 Oct 2026

Energy sector resilience has exceeded expectations, with 64% of energy insiders see greater resilience despite disruption, while 85% consider the energy sector a more attractive investment than five years ago. The Middle East is also emerging as a key growth market, according to Adipec ’s Global Energy Report 2026: Power Shift.

Energy, Oil & Gas

Enoc, DM partner to advance used cooking oil recovery

Thu, 22 Oct 2026

Enoc Group and Dubai Municipality (DM) have signed an agreement to explore opportunities for collaboration in alternative and cleaner fuels, with focus on collecting used cooking oil and converting it into biodiesel.

Energy, Oil & Gas

Libya advances AI-powered oilfield tech, targeting 2 million bpd in crude output

Thu, 22 Oct 2026

Libya is advancing AI, automation and digital infrastructure across its oil sector as the National Oil Corporation targets crude production of two million barrels per day, supported by local technology development, operational efficiency and emissions reduction initiatives.

Energy, Oil & Gas

EU fuel, lubricant prices rise 31.4pc year-on-year in September

Thu, 22 Oct 2026

Prices of fuels and lubricants for personal transport in the European Union (EU) rose by 31.4 per cent year-on-year in September 2026, accelerating from increases of 16.9 per cent in July and 23.8 per cent in August, according to figures published by Eurostat, the EU’s statistical office.

Energy, Oil & Gas

Saudi oil exports rise to five-month high despite regional disruptions

Thu, 22 Oct 2026

Saudi Arabia's crude oil exports rose nearly 8 per cent in August to their highest level since March, signalling a continued recovery in shipments despite the prolonged disruption to regional energy flows caused by the Middle East conflict.

Energy, Oil & Gas

IDOM to deliver detailed design for the 500MW Oman solar project

Wed, 21 Oct 2026

IDOM has been selected by Shanxi Installation Group to carry out the detailed design for the 500 MW Al Kamil I Solar Project in Oman, further strengthening the company’s presence in the Middle East’s growing renewable energy sector.

Energy, Oil & Gas

AtkinsRéalis, Energoprojekt Entel vying for Khalifa City power project deal

Wed, 21 Oct 2026

Bahrain’s Electricity and Water Authority (EWA) has announced that AtkinsRéalis Major Projects and Energoprojekt Entel A.D. Beograd have submitted consultancy services bids to develop the electricity transmission network for the Khalifa City Housing Project.

Energy, Oil & Gas

Dewa signs 4 MoUs with global partners during Wetex 2026

Wed, 21 Oct 2026

Dewa International has signed four MoUs with EDF Power Solutions, China Energy International Group, Capital Dynamics and Tata Consultancy Services to explore partnerships in clean energy investments, project delivery, infrastructure development and technology, supporting global expansion and sustainable growth.

Energy, Oil & Gas

TechnipFMC, bp sign MoU for supply of 20k subsea production systems

Wed, 21 Oct 2026

TechnipFMC announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production, a subsidiary of BP, establishing a framework for the two companies to cooperate on the supply of 20,000 psi (20K) subsea tree systems for BP’s Paleogene projects in the Gulf of America.