Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

EnerMech secures five-year ME&I maintenance contract at Ampol’s Lytton Refinery

Tue, 03 Mar 2026

EnerMech has secured a five-year contract to provide integrated mechanical, electrical, and instrumentation (ME&I) maintenance at Ampol’s Lytton Refinery, combining scaffolding, rope access, and existing services to ensure safe, efficient, and reliable operations.

Energy, Oil & Gas

Iran says Strait of Hormuz is 'closed', warns ships will be set ablaze

Tue, 03 Mar 2026

Iran’s Revolutionary Guard Corps (IRGC) declared that the Strait of Hormuz was “closed” and that any vessel attempting to pass through the waterway would be set “ablaze.”

Energy, Oil & Gas

Oman's Madayn inks investment contracts to localise three industrial projects

Mon, 02 Mar 2026

Oman's Public Establishment for Industrial Estates (Madayn) has signed three investment contracts to localise new industrial projects in the Polyethylene Terephthalate (PET) sector spanning recycled plastics, oil refining and polymer processing at its Al Suwaiq Industrial City.

Energy, Oil & Gas

Debris fall on Kuwait refinery, cause minor injuries to 2 workers

Mon, 02 Mar 2026

Debris from missiles fell at the Al-Ahmadi refinery in Kuwait early Monday, causing minor injuries to two workers, an official said.

Energy, Oil & Gas

Energy crisis looms as major plants shut down, Hormuz shipping halted

Mon, 02 Mar 2026

A sharp escalation in the Middle East conflict has triggered major disruptions across the region’s energy industry, with QatarEnergy announcing a halt to LNG production, Saudi Aramco shutting its Ras Tanura refinery and the shipping almost coming to a halt in Strait of Hormuz.

Energy, Oil & Gas

QatarEnergy stops production of LNG 'due to military attacks'

Mon, 02 Mar 2026

QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products due to military attacks on QatarEnergy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City, the company said.

Energy, Oil & Gas

Attacks on nuclear facilities will be disastrous warns IAEA

Mon, 02 Mar 2026

Armed attacks on nuclear facilities should never take place and could result in radioactive releases with grave consequences within and beyond the boundaries of the state which has been attacked, IAEA has warned.

Energy, Oil & Gas

Saudi Energy launches bids for 380kV substations, OHTL projects

Mon, 02 Mar 2026

Saudi Energy (formerly Saudi Electricity Company) has invited bids from leading utility developers and energy project specialists for setting up 380kV substations and associated overhead transmission lines (OHTL) related to upcoming Renewable Energy Projects across Saudi Arabia.

Energy, Oil & Gas

Saudi Arabia's Ras Tanura refinery shut after drone incident

Mon, 02 Mar 2026

A drone strike has forced the temporary closure of the Ras Tanura Refinery, one of the world’s largest oil processing facilities in Saudi Arabia, dealing a fresh blow to global energy markets already on edge over escalating regional tensions.

Energy, Oil & Gas

OQEP reports robust financial performance, strategic expansion plans

Mon, 02 Mar 2026

OQ Exploration and Production (OQEP) reported 2025 revenue of $1.2 billion and EBITDA of $941 million (81% margin). Operating cash flow strengthened, and the company targets 300 kboepd production by 2030 while maintaining disciplined leverage and shareholder returns.