Gulf Petrochemical Industries Company (GPIC) confirms that a number of its operational units were subject to an attack by Iranian drones, in the early hours of Sunday ( April 5) morning. The attack triggered fires across the affected units.
Global utility major Acwa Power has announced that two of its solar independent power producer (IPP) plants in Saudi Arabia have been subject to temporary dispatch limitations following instructions from the grid operator, citing concerns over reactive power fluctuations affecting grid stability.
Türkiye raised electricity and natural gas prices, increasing household electricity prices by 25 per cent and household natural gas prices by an average of 25 per cent, citing rising global and domestic energy costs.
Maysan Oil Company, owned by the Iraqi Ministry of Oil, announced late Saturday (April 4) that its warehouses in the Bazarkan's oil field in Maysan Province were subjected to an unidentified drone attack.
The Kuwait Petroleum Corporation (KPC) announced that in the early hours of Sunday, April 5, 2026, the oil sector complex located in Shuwaikh - housing both KPC and the Ministry of Oil-was targeted by unmanned aerial vehicles (drones), resulting in a fire at the site.
The Kuwait Ministry of Electricity, Water and Renewable Energy announced that two power and water desalination plants were targeted by an Iranian drone attack early on Sunday morning (April 5)
Indonesia’s exports of crude palm oil (CPO) and its derivatives rose significantly to $4.69 billion in the first two months of 2026, up from $3.71 billion during the same period last year.
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the US, a joint venture between QatarEnergy and Exxon Mobil from June, two sources familiar with the matter told Reuters.
China plans to upgrade some outdated petrochemical plants and phase out others by 2029, using lists compiled by local governments, according to a government document issued by the industry ministry and other departments.
The UAE is strengthening its role as a global clean energy investment hub through major 2026 projects by national firms, supporting sustainable energy delivery across Asia, Africa and Europe while boosting growth and reducing carbon emissions.
