Saudi Arabia’s Energy Ministry and Modon signed an MoU to establish a natural gas compression and tanker distribution station at Dammam Third Industrial City. The project will supply CNG to industrial facilities in Dammam and Al-Ahsa, improving supply reliability and supporting industrial energy demand.
Oman and Yemen have signed two agreements in Salalah to advance an electricity interconnection project linking Dhofar with Yemen’s Al Mahra. The project will supply power to Hawf, Shahn and Al Ghaydah, strengthening energy security and supporting development.
The seven Opec+ countries that previously announced additional voluntary production adjustments in April and November 2023 will maintain their September 2026 production levels for October, following a virtual meeting on September 6 to review global oil market conditions and the outlook.
East Point Energy, a wholly owned Equinor company, has completed construction and begun commercial operations at Citrus Flatts, a 100 MW/200 MWh battery storage facility in Harlingen, Texas.
Türkiye will need to invest at least $80 billion in electricity infrastructure through 2035, said the country's power minister, adding that it has to focus on mobilising private capital, international financial institutions, development banks and long-term institutional investors.
Saudi-listed Acwa has reached the Project Commercial Operation Date (PCOD) for the utility systems serving The Red Sea destination, marking the first time a giga-project in Saudi Arabia has brought its entire utility infrastructure into commercial operation using only renewable energy and without support from the national grid.
Saudi Basic Industries Corporation (SABIC) said its subsidiary Saudi Methanol Company (AR-RAZI) has received approval from the Ministry of Energy to allocate the feedstock required to develop a new methanol production plant with an annual capacity of 1.8 million tonnes in Jubail.
Three UAE-backed solar power plants have been inaugurated in Comoros, marking a step toward strengthening the island nation’s electricity infrastructure, reducing dependence on imported diesel and expanding access to renewable energy.
Nigeria has formally begun a new phase of cooperation with the International Energy Agency (IEA), following its admission as an Association country and the signing of the first IEA-Nigeria Joint Work Programme.
Baker Hughes has secured an award from bp to provide offshore stimulation services across its UK North Sea operations, supporting new well development and enhanced recovery from mature fields.
