Nama Water Services has launched a pilot project with Hema Energy to cultivate Camelina, a biofuel crop, using recycled water. The initiative aims to transform treated wastewater into a strategic resource that supports sustainable development and clean energy goals.
Adnoc has established a new well delivery performance standard, drilling well sections of more than one mile in length within a single day in some of the UAE’s most complex carbonate formations, including 6,428 feet completed in 24 hours.
bp has launched a process to market its North Sea business for a potential sale as part of its ongoing portfolio review, aiming to simplify operations, strengthen its business and support disciplined capital allocation.
Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, covering its 35 per cent stake in Cyprus Offshore Block 12’s Aphrodite gas field, with produced gas expected to be supplied to Egypt’s Egyptian Natural Gas Holding Company.
The International Renewable Energy Agency (Irena) has invited public and private sector renewable energy developers in Central America and the Caribbean to submit project proposals for potential financing through its Climate Investment Platform (CIP) and Energy Transition Accelerator Financing (ETAF) platform.
Bahrain's Fuel Pricing and Monitoring Committee has set August fuel prices, effective August 2, reflecting global market changes, while maintaining diesel subsidies for Bahraini fishermen and reaffirming its commitment to balanced pricing in line with economic conditions.
Borouge, an Abu Dhabi–based petrochemicals company, reported a 23 per cent quarter-on-quarter increase in net profit to $191 million in the second quarter of 2026, up from $156 million in the first quarter, supported by sales volumes of 0.9 million tonnes and stronger product pricing.
Iraq and Türkiye have signed a one-year agreement to transport and load Iraqi crude oil through the Iraq-Turkey pipeline to the Turkish port of Ceyhan at a minimum rate of 750,000 barrels per day.
Abu Dhabi National Oil Company (Adnoc) has announced changes to the Official Selling Price (OSP) methodology for its Abu Dhabi crude grades following a routine commercial review. The new pricing mechanism will take effect on November 1, 2026.
The US and Israel are planning 'one of the harshest bombing campaigns to date' against energy infrastructure targets in Iran, multiple sources told CBS News, with strikes possible throughout the weekend in a move that would mark a further escalation of regional tensions.
