Adnoc and XRG have signed a Strategic Collaboration Agreement with Mitsui to expand cooperation across LNG, crude oil, sulfur, shipping and chemicals, while exploring international energy investments and strengthening long-term supply, logistics and market development initiatives.
Kanoo Energy, a division of The Kanoo Group, has won the 22nd Sheikh Khalifa Excellence Award (SKEA), one of the UAE’s highest honours for business excellence and private-sector impact.
Messe Frankfurt Saudi Arabia, together with Dechema, has announced that the inaugural edition of Achema Middle East will now take place from October 11–13, 2027 in Riyadh.
Heurtey Petrochem Solutions, an Axens brand, has been selected by Transition Industries to supply its Electrical Tubular Furnace technology for the Pacífico Mexinol project in Sinaloa, Mexico.
Global oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a contained geopolitical incident rather than a potentially significant threat to energy supplies, warns the CEO of financial advisory giant deVere Group.
UAE-based Global South Utilities (GSU) has signed an MoU with Guyana Power and Light to explore energy infrastructure projects, including power generation, grid modernisation and renewable energy integration to support Guyana’s sustainable development.
Axens and Egyptian Refining Company have expanded their partnership through a long-term agreement to enhance refinery efficiency, digital transformation, sustainability, and asset value using advanced technologies, services, and operational expertise.
Baker Hughes has secured multiple contracts from India’s Oil and Natural Gas Corporation (ONGC) to provide advanced wireline services aimed at improving reservoir understanding, optimising production, and supporting field development.
Proxima Fusion raised €411 million ($468 million) to advance its stellarator fusion technology, supporting the Alpha demonstrator project in Germany. The funding makes it Europe’s best-funded fusion company and accelerates commercial fusion development.
Eni has agreed to acquire a 25 per cent stake in EnergyX’s Chilean subsidiary Black Giant, which is developing a lithium project near the Salar de Punta Negra in northern Chile. The Italian energy company will invest a total of $225 million in phases as part of the partnership.
