DHL Express signed a 10-year offtake agreement with SAF One to source 250,000 metric tonnes of SAF from Bahrain starting in 2028, integrating the Middle East’s first SAF facility into DHL’s global network and supporting its 2030 sustainability targets.
Adnoc Drilling is prepared to support an increase in the UAE’s oil production capacity beyond the planned 5 million barrels per day by 2027, pending approval from the government, the company’s Chief Financial Officer told Reuters.
A Reuters survey showed that oil output Opec fell to a more than 20-year low in April, dropping 830,000 barrels per day to 20.04 million bpd as Strait of Hormuz disruptions linked to the US-Israeli conflict with Iran hit exports.
Amin Nasser, President and CEO of Aramco, warned that ongoing disruptions to oil exports through the Strait of Hormuz could postpone the global oil market’s recovery until 2027, according to a report by Reuters.
Global energy technology company announced that its OneSubsea joint venture has completed the acquisition of the subsea business of Norway-based Envirex Group (Envirex).
Edge and Adnoc have signed a Memorandum of Understanding (MoU) under which Edge will deliver capability development training to Adnoc employees through Bridge's advanced training and support programmes.
Mubadala Investment Company today announced a $325 million investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm, located off the Norfolk coast in the United Kingdom.
ADNOC Gas reported $1.1 billion net income in Q1 2026, demonstrating strong operational and financial performance despite regional uncertainty, energy-sector disruption, and maritime challenges affecting movements through the Strait of Hormuz.
AI is rapidly increasing global electricity demand, with data centres scaling to gigawatt levels. Africa faces a mismatch between rising AI-driven needs and incremental energy planning, requiring more reliable, large-scale, integrated power infrastructure development.
Adnoc is accelerating Ruwais’ industrial transformation through AED200 billion ($55 billion) in planned project awards for 2026-2028, expanding downstream investments, strengthening In-Country Value, and supporting the UAE’s Make it in the Emirates industrial growth initiative.
