Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

AI, machine learning transform predictive maintenance in power sector: GlobalData

Wed, 12 Aug 2026

Artificial intelligence (AI) and machine learning (ML) are reshaping predictive maintenance across the power industry, enabling utilities to detect asset deterioration, identify potential failures and improve maintenance decisions. As digitalisation expands across generation, transmission and distribution networks, these technologies are strengthening safety, efficiency and grid resilience, according to GlobalData.

Energy, Oil & Gas

KBR to support low-carbon ammonia project in Morocco

Wed, 12 Aug 2026

KBR has been selected by ORNX Green Hydrogen to provide technology licensing and pre-front-end engineering design (Pre-FEED) services for a planned large-scale low-cost ammonia project in Morocco’s Laâyoune region.

Energy, Oil & Gas

Acwa completes work on $8.5bn green hydrogen project at NEOM

Wed, 12 Aug 2026

A consortium of Saudi utility giant Acwa Power and US group Air Products has completed construction work on the $8.5-billion green hydrogen project at Oxagon within Saudi Arabia’s mega futuristic city NEOM, and commercial operations are set to begin next year, said a report.

Energy, Oil & Gas

Europe has electrolyser capacity, but too few hydrogen projects: EIC

Wed, 12 Aug 2026

European electrolyser manufacturers currently have enough capacity to meet near-term hydrogen orders, but a shortage of investable projects is leaving factories underused and putting the region’s 2030 hydrogen ambitions at risk, according to a report by the Energy Industries Council (EIC).

Energy, Oil & Gas

Sokoyo completes QatarEnergy lighting units installation work

Wed, 12 Aug 2026

Sokoyo, a top Chinese manufacturer of solar street lights, has announced that it has completed the lighting units installation work for QatarEnergy at its Ras Laffan and Masaieed solar project facilities. The power project is being developed by Samsung C&T Corp.

Energy, Oil & Gas

Data helps airlines find new ways to save fuel: IATA

Wed, 12 Aug 2026

Data and industry collaboration are becoming increasingly important tools for airlines seeking to reduce fuel consumption as rising energy prices put further pressure on profitability, according to Stuart Fox, Director, Flight and Operations at the International Air Transport Association (IATA).

Energy, Oil & Gas

SAR Gruppen, TWMA sign deal to boost Norwegian drilling waste services

Wed, 12 Aug 2026

SAR Gruppen and TWMA have signed an agreement to strengthen drilling waste management services for operators on the Norwegian Continental Shelf, with TWMA set to install its RotoMill technology at SAR Gruppen’s facility in Risavika, Tananger.

Energy, Oil & Gas

Wood Nobel Energy secures Nakhchivan thermal power plant contract

Wed, 12 Aug 2026

Wood Nobel Energy has secured the front-end engineering design (FEED) contract for the Nakhchivan Combined Cycle Thermal Power Plant in Azerbaijan, supporting plans to expand electricity generation and export capacity in the Nakhchivan Autonomous Republic.

Energy, Oil & Gas

ADNOC firms deliver $25.3bn H1 revenue as growth investments advance

Wed, 12 Aug 2026

Abu Dhabi National Oil Company's six listed firms - ADNOC Distribution, Borouge, Fertiglobe and ADNOC Drilling as well as its gas and logistics units - reported a combined revenue of $25.3 billion in H1 with big investments and project awards likely to support growth across the portfolio.

Energy, Oil & Gas

EIA raises oil forecast as shipping disruption persists despite Trump claims

Wed, 12 Aug 2026

The US Energy Information Administration has sharply raised its forecast for oil prices this year, warning that severe restrictions on shipping through the Strait of Hormuz are likely to persist through August despite President Donald Trump's repeated assertions that the strategic waterway is open.