LNG buyers are preparing to significantly reshape procurement strategies in response to disruption in the Strait of Hormuz, with greater supply diversification and stronger contractual protections emerging as key priorities, according to a new McKinsey survey.
Zakh Renewable Energy and Engineering Manufacturing, a leading industrial group in Azerbaijan, has announced the launch of its new solar panel and BIPV façade solutions manufacturing facility on a 30,000 sq m area within the Al Ghail Industrial Zone in Ras Al Khaimah.
Saudi technology company Cashin has signed a strategic partnership agreement with the Syrian government to help develop and operate a national digital platform for petroleum derivatives. The platform will integrate operational and financial processes across the petroleum derivatives value chain.
Gastech 2026 opened in Bangkok today (September 14) bringing more than 50,000 energy industry participants from 150 countries to BITEC for four days of discussions on natural gas, LNG, low-carbon solutions and AI.
Baker Hughes and Venture Global LNG are expanding their long-standing partnership through new awards supporting the Cloud Connector Pipeline and the expansion of the Plaquemines LNG facility in Louisiana, strengthening infrastructure across systems powered by Frame 5/2E gas turbines.
Wood has secured a $200 million, five-year contract from ExxonMobil PNG to provide construction services for the PNG LNG Project. The work will support brownfield developments across key facilities, including the Hides Gas Conditioning Plant, LNG facility and pipeline network.
S-Oil and Axens have reached Final Investment Decision (FID) on a new Liquid Phase Xylene Isomerisation (LPI) unit at S-Oil’s Aromatics Complex #1, following their licence agreement signed in late 2024. Start-up is scheduled for the second quarter of 2027.
Etihad Water and Electricity (EtihadWE) has announced that it has signed an agreement with German industrial major Siemens Energy for the supply of gas and steam turbines for the Al Zawra Combined Cycle Gas Turbine (CCGT) power project coming up in Ajman, UAE.
Oman’s total refinery products reached 129.08 million barrels by the end of July 2026, down 3.7 per cent from the same period a year earlier, according to preliminary data from the National Centre for Statistics and Information (NCSI).
The Gulf Petrochemicals and Chemicals Association (GPCA) will host the eighth edition of its Research and Innovation Conference for the first time in the Kingdom of Saudi Arabia, bringing together industry, government and academia to examine the future of innovation in the chemical sector.
