Libya is advancing AI, automation and digital infrastructure across its oil sector as the National Oil Corporation targets crude production of two million barrels per day, supported by local technology development, operational efficiency and emissions reduction initiatives.
Prices of fuels and lubricants for personal transport in the European Union (EU) rose by 31.4 per cent year-on-year in September 2026, accelerating from increases of 16.9 per cent in July and 23.8 per cent in August, according to figures published by Eurostat, the EU’s statistical office.
Saudi Arabia's crude oil exports rose nearly 8 per cent in August to their highest level since March, signalling a continued recovery in shipments despite the prolonged disruption to regional energy flows caused by the Middle East conflict.
IDOM has been selected by Shanxi Installation Group to carry out the detailed design for the 500 MW Al Kamil I Solar Project in Oman, further strengthening the company’s presence in the Middle East’s growing renewable energy sector.
Bahrain’s Electricity and Water Authority (EWA) has announced that AtkinsRéalis Major Projects and Energoprojekt Entel A.D. Beograd have submitted consultancy services bids to develop the electricity transmission network for the Khalifa City Housing Project.
Dewa International has signed four MoUs with EDF Power Solutions, China Energy International Group, Capital Dynamics and Tata Consultancy Services to explore partnerships in clean energy investments, project delivery, infrastructure development and technology, supporting global expansion and sustainable growth.
TechnipFMC announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production, a subsidiary of BP, establishing a framework for the two companies to cooperate on the supply of 20,000 psi (20K) subsea tree systems for BP’s Paleogene projects in the Gulf of America.
SHARAKAT has honoured winners across nine categories at the fourth edition of the SHARAKAT Awards 2026, recognising projects and partners contributing to the development and sustainability of Saudi Arabia’s water sector.
China increased imports of Russian liquefied natural gas (LNG) by 44.3 per cent year on year to 7.19 million metric tonnes in January-September, with supplies valued at $3.92 billion, up 38.5 per cent, according to Chinese customs data reported by TASS.
The European Union (EU) has attracted over €1.2 trillion ($1.3 trillion) in sustainable investment since 2021, with more than €320 billion invested in 2025 alone, as the bloc’s green finance framework supports clean energy, decarbonisation and energy security.
