The Group of Seven (G7) will begin a coordinated release of 100 million barrels from emergency oil and diesel stocks through the International Energy Agency (IEA) to support stability in global energy markets, according to a joint statement issued by G7 leaders, published by the office of French President Emmanuel Macron.
KBR, a global, capital-light lifecycle solutions company serving customers in high-complexity industrial, energy and infrastructure markets, has appointed Rami Qasem to its board of directors effective October 1, 2026.
Oil prices jumped more than $4 per barrel at settlement on Thursday after a report said the US was sending additional troops and another aircraft carrier to the Middle East, while China suspended oil product exports, fuelling concerns that global fuel shortages could worsen.
Siemens Energy’s full supervisory and executive boards met at the company's Dammam Hub on Wednesday (September 30).
As state utilities across the Middle East accelerate multi-gigawatt solar integration and pioneer green hydrogen megaprojects, grid reliability hinges on bankable, utility-scale energy storage.
Teledyne FLIR's A40 and A70 (Axx-Series) thermal imaging cameras have become the first models to achieve UL 2684 listing.
The Sharjah Electricity, Water and Gas Authority (Sewa) has announced that it has completed work on a key project to expand electricity distribution capacity in Khorfakkan. It will primarily supply power to Khorfakkan Resort, supporting the operation of its facilities.
Qatar Gas Transport Company Limited (Nakilat) celebrated the naming of its latest LPG/Ammonia carrier at a special ceremony held at HD Hyundai Samho shipyard in South Korea. The 'Energy North' is the first of the six new vessels to enter Nakilat's fleet.
Reazn, a specialist in recycled zinc, plans to deploy Revcoo’s CarbonCloud CO2 capture technology at its Kruisem plant in East Flanders, Belgium, with the system designed to capture up to 8,000 tonnes of CO2 annually.
Carbon capture, utilisation and storage (CCUS) adoption remains uneven across industries, but investment is expanding into hard-to-abate sectors and power generation, according to GlobalData.
