Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

Chinese group Jereh NER wins KOC drilling project contract

Thu, 25 Jun 2026

Leading Chinese group Jereh New Energy Regeneration and Recycling Tech (Jereh NER) has secured an oil-based drilling cuttings treatment service contract from Kuwait Oil Company. Once completed, each unit will be able to process 12 tonnes per hour, backing continuous large-scale KOC operations.

Energy, Oil & Gas

Billions still lack clean energy as SDG 7 targets slip away: report

Thu, 25 Jun 2026

A global report warns the world is off track for universal energy access by 2030, with 655 million lacking electricity and two billion using polluting cooking fuels. Sub-Saharan Africa is most affected.

Energy, Oil & Gas

Abu Dhabi awards major Bab Gas Cap concession to Adnoc, partners

Thu, 25 Jun 2026

The Supreme Council for Financial and Economic Affairs has awarded the Bab Gas Cap concession to Adnoc and international partners. The project, the world’s largest gas cap development, is expected to produce 1.5 billion cubic feet of natural gas daily.

Energy, Oil & Gas

Panametrics unveils most advanced ultrasonic flare transmitter

Wed, 24 Jun 2026

Panametrics, a Crane business and a leader in flare measurement, said it has launched the most advanced ultrasonic flare transmitter on the market, PanaFlare XGF1100, developed to improve how industries monitor and manage flare systems. It is mainly designed for use across oil & gas, chemical and other process industries,

Energy, Oil & Gas

Chevron signs 20-year power deal with Microsoft

Wed, 24 Jun 2026

Chevron and Microsoft have agreed to develop a 2.67 GW natural gas-powered facility in West Texas to supply a Microsoft data centre. Project Kilby aims to become one of the largest co-located power and data centre projects in the US.

Energy, Oil & Gas

Qatar expects LNG production recovery in coming weeks

Wed, 24 Jun 2026

Qatar expects to restore normal liquefied natural gas (LNG) production within weeks, Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani told the Financial Times.

Energy, Oil & Gas

Petronas finds new gas offshore Suriname

Wed, 24 Jun 2026

Malaysia’s Petronas has made another gas discovery in Suriname’s offshore Block 52. President Jennifer Simons said it would support future energy projects, while Petronas COO Mohd Abdul Wahab said eight discoveries in the block exceed 1 billion barrels of oil equivalent.

Energy, Oil & Gas

US launches $17.5bn nuclear loan programme

Wed, 24 Jun 2026

The US Department of Energy (DOE) has announced up to $17.5 billion in conditional loans to help utilities and energy companies secure critical components for new nuclear power plants, aiming to strengthen the domestic nuclear supply chain and accelerate reactor construction.

Energy, Oil & Gas

Saur highlights GCC water security leadership at G7, Vision Golfe 2026

Wed, 24 Jun 2026

Saur reaffirmed its commitment to Gulf water security at G7 discussions in Evian and Vision Golfe 2026 in Paris, highlighting the GCC’s growing global leadership in resilient, sustainable, and advanced water management systems.

Energy, Oil & Gas

Irena joins call to speed up electrification

Wed, 24 Jun 2026

Amid geopolitical tensions highlighting fossil fuel risks, leaders at the Global Energy Transition and Electrification Summit in London advanced electrification solutions and launched Electrify Now, with Irena urging focus on electrifying economies, not renewable generation.