Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

TotalEnergies, EGAS sign MoU for offshore exploration cooperation

Wed, 13 May 2026

TotalEnergies and Egyptian Natural Gas Holding Company (EGAS) signed an MoU for exploration in Egypt’s north-west offshore area, establishing a framework for technical cooperation, including preliminary exploration work and subsurface evaluation activities.

Energy, Oil & Gas

Ketjen, Imubit to launch real-time refinery catalyst intelligence

Wed, 13 May 2026

Ketjen has partnered with Imubit to provide refiners with real-time catalyst intelligence for FCC and hydroprocessing units, combining Ketjen’s catalyst expertise and proprietary models with Imubit’s AI-powered closed-loop digital platform for improved refinery operations.

Energy, Oil & Gas

Energy security, China drive hydrogen growth: DNV

Wed, 13 May 2026

Clean hydrogen will grow 100-fold by 2060, driven by energy security and China’s scale. Investments will reach $3.2 trillion, with strongest demand from steel, aviation and maritime despite policy and electrification challenges, according to DNV forecasts.

Energy, Oil & Gas

OEG secures CCU contract extension for Bass Strait operations

Wed, 13 May 2026

OEG has secured a multi-million-dollar contract extension to support offshore drilling in Australia’s Bass Strait until 2036. The deal includes manufacturing and supplying 200 DNV-certified Cargo Carrying Units (CCUs) from its Barry Beach facility in Victoria.

Energy, Oil & Gas

AWR Trading, Blaupunkt expand UAE EV charging network

Wed, 13 May 2026

AWR Trading, part of AW Rostamani Group (AWR Group), has signed an exclusive distribution agreement with Blaupunkt, the German provider of AC and DC electric vehicle charging solutions, to support the expansion of EV charging infrastructure across the UAE.

Energy, Oil & Gas

Adnoc Distribution delivers 21pc net profit growth in Q1 2026

Wed, 13 May 2026

Adnoc Distribution, a mobility and convenience retailer in the UAE, reported strong financial and operational performance in the first quarter ended March 31, 2026, with record Q1 EBITDA at $307 million (+11.7 per cent year-on-year; YoY) and net profit at $210 million (+20.7 per cent YoY).

Energy, Oil & Gas

Iraq, Pakistan strike shipping deals with Iran as Tehran flexes its muscle

Wed, 13 May 2026

Countries striking side deals with Iran to secure oil and gas shipments through the Strait of Hormuz are raising fresh concerns among Gulf exporters, as the lack of progress in US-Iran peace talks fuels fears that Tehran could entrench its new control over one of the world’s most critical energy corridors.

Energy, Oil & Gas

ENKA, GE Vernova launch Turkey’s first HA-powered 852 MW Kırklareli plant

Tue, 12 May 2026

ENKA and GE Vernova have launched commercial operations at Türkiye’s first HA-powered 852 MW Kırklareli power plant, near the Bulgarian border, marking a key milestone in modernising the country’s power generation infrastructure.

Energy, Oil & Gas

DEWA posts record revenue of $1.76bn for first quarter

Tue, 12 May 2026

Dubai Electricity and Water Authority (DEWA), the emirate of Dubai’s exclusive electricity and water services provider, has reported a record revenue of AED6.45 billion ($1.76 billion) for the first quarter of this year.

Energy, Oil & Gas

QatarEnergy signs MoU for offshore Syria exploration

Tue, 12 May 2026

QatarEnergy signed a memorandum of understanding with TotalEnergies, ConocoPhillips, and the Syrian Petroleum Company for cooperation in oil and gas exploration offshore Syria.