The European Union faces potential gas shortages in winter 2026–2027, with storage at a record seasonal low of 72.4 per cent on October 3. The bloc may need to cut gas demand by 7 per cent, or 14 billion cubic metres, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
The European Commission has selected 46 new strategic projects across 16 EU member states to strengthen critical raw material supplies, diversify sourcing and reduce dependence on external suppliers.
Prince Mohammed bin Salman Royal Reserve is pioneering a conservation initiative that combines renewable energy generation with wildlife restoration, breeding threatened Sand gazelles within an operational solar park in Saudi Arabia.
KAPSARC is participating as a National Partner in the 25th WPC Energy Congress in Riyadh, bringing its leadership and research experts into international discussions on the future of energy, technology and sustainability.
Robo.ai has announced that its controlled subsidiary, Abu Dhabi-based industrial group ALIF Holding, has presented an integrated oil spill response system concept under its proposed ALIF Maritec venture, targeting ports, oil and gas terminals, offshore facilities, shipyards and coastal industrial sites.
EnerMech has secured a contract from Subsea7 to provide pre-commissioning services for the Ginger subsea development project in Trinidad and Tobago, supporting the preparation of offshore infrastructure for safe operation.
Russia has announced that it had lifted some restrictions on diesel exports, following an agreement between Russian President Vladimir Putin and US President Donald Trump to allow Russian diesel supplies to reach US and international markets.
Oil prices fell on Friday after US President Donald Trump said Washington would not attack Iran before the November 3 midterm elections, citing what he described as productive discussions with Tehran and easing concerns over further disruption to Middle East energy supplies.
Saudi Arabia-based GAS Arabian Services Company has announced that it has secured a key contract from the Saudi Power Procurement Company (Principal Buyer) to deliver engineering, procurement, installation, testing and commissioning services for the Ghazlan 1 Sales Gas Delivery System.
National Energy Services Reunited (NESR) announced that its business segment, NESR Environmental and Decarbonization Applications (NEDA), has entered into an agreement with Aramco to execute the Aramco 2027 Lithium Demonstration Project in Saudi Arabia.
