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.
AMPO POYAM VALVES has designed and manufactured more than 5,550 cryogenic and non-cryogenic gate, globe and check valves for the North Field South (NFS) Onshore LNG Facilities project in Ras Laffan, Qatar.
Türkiye is entering a pivotal phase in the development of its energy sector, with strong economic and population growth driving rising electricity demand and increasing the need for investment in infrastructure, flexibility and energy efficiency, according to a new review by the International Energy Agency (IEA).
OQ Alternative Energy (OQAE) and Asyad Group have signed an offtake term sheet to explore the use of green hydrogen for mobility applications in Oman, linking the country’s emerging hydrogen capabilities with low-carbon transport solutions.
Emirates Green Building Council is set to bring together industry leaders, policymakers, innovators and students for World Green Building Week, with its UAE programme focused on spotlighting female leadership in the sector as well as accelerating the shift towards low-carbon construction.
