Energy

Energy, Oil & Gas

EMDAD unveils new identity as NMDC Emdad

Fri, 30 Oct 2026

EMDAD, a leading integrated service provider for the energy, utilities, and industrial sectors, has announced its official rebranding to NMDC Emdad.

Energy, Oil & Gas

88pc of leaders say AI essential to energy transformation: report

Thu, 30 Oct 2025

A new report by Adnoc and Microsoft indicates that AI is transforming the energy sector, especially in distribution and emerging solutions like predictive maintenance and smart grid management. Notably, 88 per cent of respondents believe scaling AI is crucial for energy transformation.

Retail & Wholesale

Food prices to rise 10%, energy 32% this year globally, says World Bank

Thu, 29 Oct 2026

Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity Markets Outlook, released on Wednesday.

Energy, Oil & Gas

Abu Dhabi Chamber reports 6,224 active energy-sector members

Thu, 29 Oct 2026

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced that its active energy-sector membership reached 6,224 as of October 2026, with more than 2,500 companies joining since the beginning of 2024. New registrations in the sector rose by 11% in 2025 compared with 2024.

Energy, Oil & Gas

Hitachi signs MoU with US to boost energy for data centres, AI

Wed, 29 Oct 2025

Hitachi signed a Memorandum of Understanding (MoU) with the US Department of Commerce to enhance energy infrastructure for data centres and promote sustainable AI growth.

Energy, Oil & Gas

Singapore 'seriously' considering nuclear energy

Wed, 29 Oct 2025

Singapore is "seriously studying the potential deployment of nuclear energy, especially newer technologies such as small modular reactors," Minister-in-charge of Energy and Science and Technology Tan See Leng said at the opening of Singapore International Energy Week.

Energy, Oil & Gas

30th Irena Council to review energy transition priorities ahead of COP30

Wed, 29 Oct 2025

The International Renewable Energy Agency (Irena) convenes its 30th Council meeting October 30 in Abu Dhabi to review progress on the Agency’s work and consider collective priorities to accelerate the global energy transition, as preparations advance for COP30 and the 16th Irena Assembly.

Energy, Oil & Gas

South Africa’s shale gas awakening could redefine its energy future

Wed, 29 Oct 2025

South Africa's decision to lift its moratorium on shale gas exploration could transform the Karoo Basin's estimated 200 trillion cubic feet of recoverable gas into production. This move is vital for diversifying the energy mix and advancing an inclusive energy transition.

Energy, Oil & Gas

AfDB urges Congo to channel oil windfalls into debt reduction

Wed, 28 Oct 2026

The African Development Bank (AfDB) has recommended Congo to introduce an automatic mechanism to capture additional oil revenues when crude prices exceed budget assumptions, as the country seeks to strengthen fiscal stability, reduce debt and attract investment into its energy sector.

Energy, Oil & Gas

ADNOC Drilling posts $1.07bn profit, launches new growth strategy

Tue, 27 Oct 2026

ADNOC Drilling reported record revenue of $3.7 billion and net profit of $1.07 billion for the first nine months of 2026, as it launched its Drill-to-Operate strategy to expand services across the well lifecycle and diversify revenue streams.