Hungarian energy company MOL Group is expanding its Szarvas Biogas Plant with a new biomethane unit, marking a step in the company’s renewable energy strategy.
Alfa Laval, an expert in heat transfer, separation, and fluid handling technologies, reaffirms its long-term commitment to the Middle East during a two-day visit by Alfa Laval President and CEO Tom Erixon to the UAE.
Saudi Arabia’s Ministry of Energy announced the launch of the prequalification process for tenders related to the development, ownership, and operation of tanker-based compressed natural gas (CNG) distribution projects in the Riyadh and Eastern regions.
Envision Energy has partnered with Menderes Tekstil, an Akca Holding company, to develop the 120MW Beğendik Wind Power Project in Edirne Province, Türkiye, strengthening cooperation in renewable energy development and industrial decarbonisation.
OQ Exploration & Production (OQEP), Oman’s oil and gas exploration and production company, reported resilient Q1 2026 results, with revenue of OMR296.4 million ($770.8 million), broadly stable year-on-year, supported by higher gas sales and an under lift adjustment for oil and condensates.
Ludoil Capital, a wholly-owned subsidiary of Ludoil Energy, has signed a Sale and Purchase Agreement with GOI Energy to acquire its equity stake in ISAB, owner of the Priolo Gargallo refinery and related industrial, logistics and energy infrastructure in Sicily.
Emirates Nuclear Energy Corporation (ENEC) signed an agreement with Department of Government Enablement – Abu Dhabi to train and employ UAE Nationals, building specialised skills to support the country’s expanding civil nuclear energy sector.
Adnoc Logistics & Services (Adnoc L&S) reported Q1 2026 net profit rose 20 per cent year-on-year to $222 million, while revenue fell 10 per cent to $1.083 billion due to the scheduled completion of the Al Omairah Island mega project.
The International Energy Agency (IEA) warns the Middle East conflict-driven energy crisis is disrupting LPG supplies via the Strait of Hormuz, causing shortages and price spikes that threaten cooking fuel access for billions in developing Asia and other emerging economies.
Dana Gas reported Q1 2026 net profit of AED270 million ($74 million), up 72% year-on-year, driven by a one-off Kurdistan gas adjustment, while revenue rose to AED531 million amid higher production and gas sales in Egypt and Iraq.
