Saudi Power Procurement Company (SPPC) has announced that it has kicked off the qualification process for the third round of gas-fired independent power producer (IPP) projects in the kingdom. These projects will be developed under a build-own-operate (BOO) model.
Abu Dhabi Future Energy Company – Masdar, a global clean energy leader, on Monday announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure.
Meysan lawyer & Legal Consultants, a leading law firm in the region, recently participated in the celebration hosted by Kuwait National Petroleum Company (KNPC) to mark the merger of Kuwait Integrated Petroleum Industries Company (KIPIC) into KNPC.
The OPEC Fund for International Development (the OPEC Fund) is providing a $50 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank) to expand financing for small businesses and climate-focused investments across Viet Nam.
The Zayed Sustainability Prize, the UAE’s pioneering award for innovative solutions to global challenges, has officially closed submissions for its 2027 awards cycle, receiving an unprecedented 10,233 entries from 177 countries.
Positive Zero, a leading energy transition platform in the GCC, today announced the closing of a landmark financing facility of up to $375 million.
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group.
A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends and as pent-up demand is released in line with a rebound in product supplies, says an International Energy Agency (IEA) report.
Mitsubishi Power, a power solutions brand of leading industrial group Mitsubishi Heavy Industries (MHI), has announced that it has secured a contract to supply key boiler components for the conversion of heavy oil-fired boilers into dual-fuel boilers at the Jeddah South Power Plant and Shuqaiq Power Plant in Saudi Arabia.
Japan’s Kanadevia Corp has signed an agreement with Bahwan Engineering Company to jointly develop green hydrogen and low-carbon fuel projects in Oman. Under this, the duo will collaborate on project bidding, engineering, procurement, manufacturing and sales for green hydrogen and e-methane.
