The Italian Pavilion at Oman Sustainability Week 2026 signed an energy partnership to develop a 150 MW hyperscale AI data centre in Oman, integrating renewable energy, enhancing efficiency and supporting low-carbon digital infrastructure aligned with Oman Vision 2040.
Abraj Energy Services signed strategic agreements during OPES 2026, including a five-year contract with OQ EP, partnerships with Petrogas Rima, Petrogas Rima and Imdad Energy, supporting operational sustainability, clean energy adoption, local content development and Oman’s energy sector goals.
OQ Group’s 2026 Sustainability Report highlighted progress in renewable energy, emissions reduction and local value creation, including over 2,000MW renewable capacity, achievement of 2025 emissions targets, automated emissions tracking systems and a 24 per cent increase in local value retained in Oman.
OECD net electricity generation reached 920.8 TWh in February 2026, up 0.8 per cent year-on-year. Fossil fuels supplied 45.4 per cent of output despite declining 4.7 per cent, while renewables contributed 37.8 per cent and nuclear power accounted for 15.7 per cent of generation.
Aramco, one of the world's leading energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, on Monday officially inaugurated Saudi Arabia’s first quantum computer.
The World Nuclear Association (WNA) has condemned a drone attack near the Barakah Nuclear Power Plant in the UAE, calling for stronger protection of civilian energy infrastructure under international law.
Oman Petroleum & Energy Show and Oman Sustainability Week opened on May 18, 2026 at Oman Convention and Exhibition Centre, convening global energy leaders, policymakers, investors, and sustainability experts.
BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake.
Gulf Mercantile Exchange (GME) reported its highest-ever weekly trading volume, with over 69,052 contracts traded during the week of May 11, 2026, equivalent to 69 million barrels of Oman crude, marking a two-decade high.
Nama Power and Water Procurement and O-Green signed a Power Purchase Agreement for Oman’s 2.7GW Continuous Renewable Energy Project in Mahout and Duqm, combining solar, wind and battery storage to deliver reliable round-the-clock clean electricity.
