Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

L&T unit wins 'ultra mega' gas compression project in Middle East

Mon, 24 Aug 2026

L&T Energy Hydrocarbon Onshore (LTEH Onshore) has signed an "ultra-mega" contract for undertaking a gas compression facilities project for a prestigious client in the Middle East against a letter of award issued in FY26, the company said.

Energy, Oil & Gas

Masdar starts commercial operations at second UK battery storage facility

Mon, 24 Aug 2026

Abu Dhabi Future Energy Company– Masdar has started commercial operations at a 35MW/70MWh battery energy storage system (BESS) in Rochdale, strengthening the company’s contribution to UK energy security and marking the latest step in its planned £1 billion ($1.4 billion) investment in British battery storage.

Energy, Oil & Gas

Equinor, Uniper sign 15-year deal for German gas supplies

Mon, 24 Aug 2026

Equinor and German energy company Uniper have signed a 15-year agreement under which Equinor will supply more than 30 terawatt-hours (TWh), or about 2.8 billion cubic metres, of natural gas annually to Germany.

Energy, Oil & Gas

Equinor joins Chevron in Namibia exploration licence

Mon, 24 Aug 2026

Equinor has signed an agreement with Harmattan Energy, a Chevron subsidiary in Namibia, to acquire a 17.4 per cent participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offshore Namibia.

Energy, Oil & Gas

Metso expands mining pump portfolio with Valmet acquisition

Mon, 24 Aug 2026

Metso has signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, along with related aftermarket spare parts and service capabilities, from Valmet, strengthening its position in slurry handling solutions for mining and industrial applications.

Energy, Oil & Gas

Rabigh Refining appoints Hassan Al Yami as president and CEO

Mon, 24 Aug 2026

Rabigh Refining and Petrochemical Company (Petro Rabigh) has appointed Eng Hassan bin Hamad Al Yami as its new President and Chief Executive Officer, following the resignation of Eng Othman bin Ali Al-Ghamdi from the post.

Energy, Oil & Gas

Egypt, Adnoc Drilling explore expanded partnership

Mon, 24 Aug 2026

Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, met with Abdullah Al Messabi, CEO of Adnoc Drilling, to discuss strategic cooperation and the company’s potential role in Egypt’s expanded onshore and offshore drilling programme.

Energy, Oil & Gas

Oman's Q2 revenues rise 13% to reach $17.17bn on higher oil income

Sun, 23 Aug 2026

Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion ($17.17 billion), compared to approximately OMR5.839 billion during the corresponding period of the previous year.

Energy, Oil & Gas

Equinor to acquire major Pennsylvania gas power plant stake

Sun, 23 Aug 2026

Equinor has agreed to acquire an 87.71 per cent interest in the Lackawanna Energy Centre, a 1,483 MW gas-fired combined-cycle power plant in Pennsylvania, for $940 million, subject to a potential price adjustment at closing.

Energy, Oil & Gas

Saudi energy ministry unveils ‘Ignite Your Ideas’ hackathon

Sun, 23 Aug 2026

Saudi Arabia’s Ministry of Energy has opened submissions for its inaugural Energy Hackathon, “Ignite Your Ideas,” aimed at developing innovative solutions to key energy-sector challenges.