Global utilities and equipment manufacturers under UNEZA have pledged coordinated action to ease supply chain pressures slowing grid expansion, amid surging demand for cables and transformers and manufacturing delays exceeding three years.
Digital Dubai, in partnership with Lootah BC Gas, has launched the first gas consumption billing service on the DubaiNow app, further advancing the emirate’s digital transformation agenda and expanding its unified digital services ecosystem.
TechnipFMC has been awarded a significant contract to supply flexible flowlines and risers by Azule Energy for the Greater PAJ development offshore Angola.
Dana Gas reported strong Egypt drilling results and confirmed full settlement of overdue receivables, receiving AED 79 million ($21.5 million) and noting continued timely payments from the Egyptian Government.
Shandong Electric Power Construction Third Engineering Company (SepcoIII) has achieved a major construction milestone on the 600MW Al Ghat Wind Farm EPC Project in Saudi Arabia, with all 80 wind turbine generators connected to the national grid and commencing power generation.
The United States has granted Iran a 60-day sanctions waiver allowing Tehran to sell oil in US dollars for the first time in decades, marking a significant breakthrough in efforts to secure a lasting peace agreement following the recent conflict in the Middle East.
Global energy markets faced their worst supply shock after the near-closure of the Strait of Hormuz cut flows from 20 million to 2.7 million barrels per day, driving record price spikes and prompting emergency stock releases and global supply adjustments, according to International Energy Agency (IEA).
Eni, through its joint venture Azule Energy, has taken the final investment decision (FID) on the Greater PAJ Project, a major offshore oil development in Angola’s Blocks 31 and 31/21, marking a key expansion in the country’s upstream sector.
Vision Golfe 2026 brought together more than 1,200 participants, five ministers, senior government officials and business leaders in Paris this week, reinforcing its position as the leading platform for economic cooperation between France and the Gulf Cooperation Council (GCC).
At least 13 people have been killed and 66 injured after an explosion at Qatar's largest gas facility in Ras Laffan industrial zone on Sunday night, according to the country's interior ministry. The blast occurred as workers were restarting operations that were previously halted in March.
