Swedish conglomerate Alfa Laval has appointed Alban Hohmann‑Schauly as its new Vice President of Energy unit for the Middle East, South & East Africa region. With over 16 years global experience in the energy and digital infrastructure, Alban has built a strong track record in market analysis and customer segmentation.
Venezuela will host its largest international energy investment summit from October 26–29 in Caracas, bringing together US, Venezuelan and international oil companies, investors, financiers and technical service providers to advance near-term investment opportunities across the country’s reopening energy sector.
Global automation leader Emerson has announced it will co-develop next-generation corrosion management solutions for Aramco, one of the world’s leading integrated energy and chemicals companies.
Elsewedy Electric, a leading provider of energy and infrastructure solutions in EMEA region, said the group continues its efforts to empower Saudi women and actively engage them in the workplace. Its Saudi female employees currently represent 6.5% of the group’s total workforce in the kingdom.
Bapco Energies has announced the launch of the NBH Future Energy Leaders – Scholarship and Career Development Programme, a national initiative aimed at nurturing Bahraini talent in the energy sector.
ATPI Energy has secured contracts valued at more than $50 million over the past four months, strengthening its role as a travel management partner within the global energy sector.
Inflation across the OECD, as measured by the Consumer Price Index (CPI), increased to 4 per cent in March 2026 from 3.4 per cent in February. The rise was primarily driven by a sharp increase in energy inflation.
The UAE is entering “a new chapter” in which it is reshaping its place in the global economy with “confidence, clarity, and ambition”, said Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology.
Global energy investment is expected to reach $3.4 trillion in 2026, with $2.2 trillion going to low-emissions and grid technologies and $1.2 trillion to fossil fuels, according to the IEA report.
ADNOC remained committed to its $150 billion five-year capital expenditure (CAPEX) programme, said Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. He sought an absolute commitment to freedom of navigation through the Strait of Hormuz to to enhance global energy resilience.
