Türkiye will unveil a revised National Energy Plan on November 5, with stronger renewable energy targets through 2040, as installed wind and solar capacity surpasses 44 GW and officials highlight rising grid investment needs to support expansion.
bp and the State of Louisiana have reached an agreement to resolve longstanding Deepwater Horizon disputes, including an early payment of approximately $350 million under a 2015 settlement and the resolution of remaining coastal zone lawsuits involving the company.
QatarEnergy has signed two long-term agreements with US-based Cheniere to purchase up to 4 million tonnes per annum (MTPA) of liquefied natural gas from Louisiana and Texas facilities, with deliveries expected to begin in 2031 and continue through 2054.
OQ Exploration and Production (OQEP) is expanding its Oman portfolio and pursuing selective overseas investments to reach 300,000 barrels of oil equivalent per day by 2030. Production rose 2.7 per cent year-on-year to 228,200 boe/d in H1 2026.
KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has secured an order for a 400kV transmission line project in Oman as part of its new orders worth Rs106 billion ($1.1 billion) across its Transmission & Distribution (T&D), civil and cables and conductors businesses.
Abu Dhabi Future Energy Company (Masdar) has signed an agreement to acquire and develop one of Greece’s largest solar projects, strengthening the country's clean energy infrastructure and supporting its ambitions as a European digital hub, while deepening the strategic partnership between the UAE and Greece.
Thailand-based PTT Exploration and Production Public Company has partnered with Italy’s integrated energy major Eni to set up a joint venture company, Seela Energies B.V., that will hold their participating stakes in the Ghasha Concession Project offshore Abu Dhabi.
Saudi Arabia and state oil giant Aramco are seeking partnerships with foreign governments to expand overseas strategic oil storage capacity, as the company anticipates a significant increase in demand following the Middle East conflict.
Saudi Aramco has ordered the evacuation of all remaining staff from its headquarters in Dhahran, eastern Saudi Arabia, and instructed employees to work remotely until further notice, various news channels have reported quoting sources.
Aamal Energy has secured a five-year procurement services contract worth more than QAR 100 million ($27 million) with a local company in Qatar, covering maintenance, repair and operations supplies, as the subsidiary expands its role in supporting industrial and energy supply chains.
