OECD net electricity generation reached 920.8 TWh in February 2026, up 0.8 per cent year-on-year. Fossil fuels supplied 45.4 per cent of output despite declining 4.7 per cent, while renewables contributed 37.8 per cent and nuclear power accounted for 15.7 per cent of generation.
Aramco, one of the world's leading energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, on Monday officially inaugurated Saudi Arabia’s first quantum computer.
The World Nuclear Association (WNA) has condemned a drone attack near the Barakah Nuclear Power Plant in the UAE, calling for stronger protection of civilian energy infrastructure under international law.
Oman Petroleum & Energy Show and Oman Sustainability Week opened on May 18, 2026 at Oman Convention and Exhibition Centre, convening global energy leaders, policymakers, investors, and sustainability experts.
BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake.
Gulf Mercantile Exchange (GME) reported its highest-ever weekly trading volume, with over 69,052 contracts traded during the week of May 11, 2026, equivalent to 69 million barrels of Oman crude, marking a two-decade high.
Nama Power and Water Procurement and O-Green signed a Power Purchase Agreement for Oman’s 2.7GW Continuous Renewable Energy Project in Mahout and Duqm, combining solar, wind and battery storage to deliver reliable round-the-clock clean electricity.
A fire broke out after a drone strike in an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant in the Al Dhafra Region in the UAE.
Tarshid, the Saudi Arabia national energy services company, has signed an agreement with Al Taiseer Group Talco Industrial Company to study the development of a solar photovoltaic system for Talco’s Riyadh facilities to support clean, sustainable energy supply.
Adnoc listed companies reported resilient Q1 2026 results, generating combined revenues of $11.8 billion, EBITDA of $3.7 billion and net profit of $2.2 billion across six portfolio companies.
