Achilles, a global leader in supply chain risk and performance management, said it has secured a major contract from Saudi petrochemical manufacturer Sipchem to support its drive for operational excellence, responsible sourcing and enhanced ESG performanc
Following the first meet since the Israel-Iran conflict, Opec+ signalled its intent to push supply more aggressively in August (500 kbd) than the market had expected, and is approaching a full unwind of the voluntary 2.2 mbd curtailment, said an expert.
ENOC Group, a leading integrated global energy player, has appointed Hussain Sultan Lootah as its Acting CEO. An industry veteran, Lootah brings deep expertise in finance, commercial strategy and project management to the new role.
Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions of dollars.
At least four leading international contractors or consortia are vying for a major contract from QatarEnergy LNG worth upto $5 billion for the next expansion phase of its massive North Field Production Sustainability (NFPS) project, said a report.
Adnoc’s Hail and Ghasha mega-project has met a key development milestone, having completed the "sail-out" and installation of critical offshore facility structures from the NMDC Energy Yard in Mussafah, Abu Dhabi.
King Abdulaziz City for Science and Technology (KACST), OSP, and Ceer have partnered to develop innovative technologies for petroleum coke conversion into graphene and local materials for advanced battery applications.
In 2024, the supply of renewable energy in the European Union (EU) increased by 3.4% compared with 2023, amounting to around 11.3 million terajoules (TJ) in 2024, according to preliminary data released by by Eurostat, the statistical office of the EU.
In 2024, the US consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to the US Energy Information Administration's Monthly Energy Review.
Saudi Arabia and Indonesia signed agreements and memoranda of understanding worth $27 billion, spanning clean energy, petrochemical industries, and aviation fuel services, during Indonesian President Prabowo Subianto’s visit to the Kingdom.
