Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

SLB partners with Qualcomm on edge AI for energy operations

Sun, 14 Jun 2026

Global energy technology company SLB announced a memorandum of understanding with Qualcomm Technologies to enable edge AI solutions for the energy industry, supporting real-time operational decision-making across wells, facilities and production systems.

Energy, Oil & Gas

KACST develops direct seawater system for green hydrogen production

Sun, 14 Jun 2026

A research team at King Abdulaziz City for Science and Technology (KACST) has developed an innovative system to produce green hydrogen directly from seawater without desalination, marking a step forward in clean energy innovation and sustainable fuel production technologies.

Energy, Oil & Gas

Eni, Petronas launch Searah JV to combine Indonesia-Malaysia assets

Sun, 14 Jun 2026

Eni and Petronas have established Searah, a 50/50 joint venture combining key businesses in Indonesia and Malaysia, finalised seven months after their investment agreement and 16 months after signing a memorandum of understanding.

Energy, Oil & Gas

SLB, PDVSA ink deal for digitalisation of Venezuela’s O&G sector

Sun, 14 Jun 2026

SLB has signed a long-term framework agreement with Petróleos de Venezuela (PDVSA) to modernise the oil and gas sector, covering exploration, production, digital enablement, and workforce training, strengthening cooperation in field development and operational efficiency.

Energy, Oil & Gas

IEA calls for stronger government role in clean energy transition

Sun, 14 Jun 2026

A new International Energy Agency (IEA) report says stronger government action and enhanced global cooperation are essential to speed clean energy deployment this decade, warning that significant challenges remain in turning energy transition commitments into measurable implementation.

Energy, Oil & Gas

QatarEnergy strikes oil in Namibia’s PEL 0039 Block

Sun, 14 Jun 2026

QatarEnergy announced an oil discovery with encouraging results from the Merlin-1X exploration well in the Petroleum Exploration License 39 (PEL 0039), offshore Namibia.

Energy, Oil & Gas

Saudi Arabia, Yemen sign $150m petroleum supply deal

Sun, 14 Jun 2026

Saudi Arabia and Yemen have signed a $150 million agreement to supply fuel for power plants across multiple Yemeni governorates, strengthening electricity services and supporting energy stability under the Saudi Development and Reconstruction Programme for Yemen (SDRPY).

Energy, Oil & Gas

KAUST tests solar coating that keeps panels clean, captures water from air

Sun, 14 Jun 2026

Researchers at King Abdullah University of Science and Technology (KAUST) have developed a solar panel coating that helps maintain performance in dusty conditions while capturing moisture from the air, offering a practical approach for solar systems operating in arid environments.

Energy, Oil & Gas

Saudi Energy Ministry allocates new LPG filling, storage contracts

Sun, 14 Jun 2026

The Saudi Arabia Ministry of Energy announced the winning bidders for eight licenses covering the establishment, development, operation, and maintenance of liquefied petroleum gas (LPG) filling and storage facilities, as well as the wholesale distribution of LPG to consumers.

Energy, Oil & Gas

EU to mobilise up to $29bn for clean energy by 2035

Sun, 14 Jun 2026

The European Union has launched the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation (T-MED), a flagship initiative aimed at accelerating clean energy development across the Mediterranean and mobilising up to €25 billion ($29 billion) in investments by 2035.