Construction has begun on Uzbekistan's first nuclear power plant, a project estimated to cost $9.5 billion. The launch was announced by the presidential press service, with officials saying the facility will strengthen the country's future electricity supply.
European Union (EU) imports of liquefied natural gas (LNG) continued to decline in recent months, falling by 1.2 per cent between March and May 2026, according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).
Saudi Energy (formerly Saudi Electricity Company) said it has commissioned the world’s largest grid-side grid-forming Battery Energy Storage System (BESS) project with a total installed capacity of 2.5GW, utilising BYD’s advanced energy storage technology across five strategic locations in Saudi Arabia.
With global temperatures at near-record levels and El Nino set to return, governments, businesses, communities, and individuals across the world marked World Environment Day on June 5, sounding the alarm on the need to urgently address climate change.
Despite ongoing disruption to oil flows through the Strait of Hormuz and continued uncertainty surrounding the conflict involving Iran, OPEC has maintained its forecast for global oil demand growth, citing no evidence of a slowdown in consumption.
The clean energy production capacity of Dubai Electricity and Water Authority (DEWA) now accounts for more than 21.5% of its total energy production capacity, said Saeed Mohammed Al Tayer, MD and CEO of DEWA.
The Arab Shipbuilding and Repair Yard Company (ASRY) has announced the completion of its 200th offshore rig project belonging to Gorilla Class category. The Valaris 250 offshore rig achieved a key safety milestone clocking more than 700,000 LTI-free manhours.
McDermott, via McDermott Nederland BV, has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy (PMC) Long-Term Agreement (LTA) to support delivery of large-scale energy, downstream, petrochemical and low carbon projects across Saudi Arabia.
HYXI (formerly HYXiPOWER), a global smart energy innovator, showcased its latest AI-native smart energy ecosystem at SNEC 2026 in Shanghai under the theme "Smarter Energy for All," highlighting its vision for AI-native energy autonomy across residential, C&I, and utility-scale scenarios.
IFS, a leading provider of Industrial AI software, today launched IFS Zero, an agentic emissions operating system designed for the world's most asset-intensive industries.
