Global nuclear reactors generated a record 2,702 TWh of electricity in 2025, up from 2,667 TWh the previous year, as the sector sees growing government ambitions for expansion, according to the World Nuclear Association’s World Nuclear Outlook Report.
Crude oil prices surged for a fourth consecutive session on Wednesday, with Brent approaching the psychologically important $100-a-barrel threshold as a fresh escalation in the US-Iran conflict heightened fears of prolonged disruptions to oil supplies from the Gulf.
Bahrain’s Oil and Environment Minister and Special Envoy for Climate Affairs Mohammed bin Dinah met Hussein Al Qahtani, Chairman of the Gulf Downstream Association (GDA), to discuss cooperation in refining, petrochemicals and downstream industries.
Brent crude oil futures rose to settle at $97.31 per barrel on Monday, hitting a six-week high. US West Texas Intermediate (WTI) crude climbed 1.3%, or $1.17, to reach $92.65 per barrel.
Eni and Petronas have signed a Feasibility Agreement to evaluate the development of innovative high-performance bio-gasoline from renewable feedstocks, strengthening their collaboration on sustainable fuels and supporting the decarbonisation of transport.
Acwa, in consortium with Water Transmission Company (WTCO), has signed a Technical Services Agreement with Syria’s Ministry of Energy and engineering consultancy Fichtner to assess the country’s water resources and develop seawater desalination and transmission solutions.
Saudi Arabia’s southern energy facilities were targeted in attacks on September 8, the Ministry of Energy said, triggering fires and temporarily disrupting some operations. Specialised teams responded by containing the fires, securing affected sites and assessing the damage.
Kistos has received confirmation of a Royal Decree from Oman, completing the transfer of legal ownership of onshore Blocks 3 and 4 from Mitsui E&P Middle East to the independent energy company.
Shell, Schneider Electric and Axens have installed an industrial-scale electric tubular heater at Shell’s R3 base oil project in Germany, marking a milestone in refinery electrification. The companies said the technology is Europe’s first industrial-scale installation of its kind.
TotalEnergies says its $14 billion Papua LNG project has moved closer to a Final Investment Decision after completing EPC tendering and securing nearly $4 billion in savings since 2024 through project optimisation and rebidding construction packages.
