Carbon pricing revenues have more than tripled over the past decade, rising from under $30 billion in 2016 to more than $107 billion in 2025, according to the World Bank Group’s latest report.
AVEVA, a global leader in industrial software, and IFS, a global leader in AI-powered enterprise software for asset-intensive industries, today announced a technology partnership to enable complex industrial organisations to connect operational intelligence, enterprise execution and strategic capital planning.
Organisations are seeking to construct digital ecosystems to confront higher-order business challenges, whether that is innovating faster, navigating supply volatility, or decarbonising complex global operations, says a new report launched by Aveva, a global leader in industrial software, and IMD, a leading global business school.
Etihad Energy Holding reported Q1 2026 revenue of AED109.7 million ($30 million), up 64 per cent year-on-year and 325 per cent versus Gulf Navigation Company Q1 2025 revenue, following its rebranding and Brooge Energy acquisition completed in November 2025.
The latest developments in the Middle East have pushed oil higher again, reintroducing some of the “war trades” that had faded in recent weeks. Markets are still being driven by a tug-of-war between strong fundamentals and rising macro risk, but the tone has become more cautious over the past 24 hours, said an expert.
Oman Petroleum & Energy Show (OPES) 2026 and Oman Sustainability Week (OSW) 2026 concluded a high-impact three-day run at the Oman Convention and Exhibition Centre, reinforcing Oman’s growing role as a regional hub for energy transition, sustainability, and industrial innovation.
Sustainability Forum Middle East (SFME),, with Tabreed Bahrain and Boston Consulting Group, will host a June 3 roundtable in Bahrain on advancing energy efficiency under the Kingdom’s National Energy Strategy.
Al Baraka Oil Services has signed a strategic agreement with Intilft during Oman Sustainability Week to invest in innovation, research, and development, combining operational expertise and manufacturing capabilities to develop technologies that enhance industrial efficiency and support cross-sector innovation.
Oman’s Ministry of Energy and Minerals signed two agreements to improve energy efficiency in government buildings under its net-zero programme. It also expanded the “Meezan” platform through partnerships with national companies and institutions.
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, has signed a partnership agreement with Borouge, a leading petrochemical company, to explore expanded collaboration opportunities aimed at enhancing export resilience and operational flexibility.
