Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

Giant Kuwaiti oil tanker hit off Dubai, fire extinguished

Tue, 31 Mar 2026

The Government of Dubai has confirmed that firefighting teams successfully extinguished the fire that broke out on a huge Kuwaiti oil tanker after an Iranian drone attack off Dubai waters early on Tuesday.

Energy, Oil & Gas

QatarEnergy, ExxonMobil JV marks first LNG output at Golden Pass

Tue, 31 Mar 2026

Golden Pass LNG, a QatarEnergy-ExxonMobil joint venture, achieved first LNG production from its first train, advancing operations at its 18 million tonnes-per-year Sabine Pass, Texas facility and paving the way for its first cargo delivery.

Energy, Oil & Gas

Egypt, Cyprus sign framework agreement for cooperation on natural gas

Tue, 31 Mar 2026

Egypt and Cyprus signed a natural gas cooperation framework, witnessed by Presidents Abdel Fattah El Sisi and Nikos Christodoulides, during the 9th Egypt Energy Show (EGYPES 2026), strengthening bilateral energy collaboration.

Energy, Oil & Gas

IEA launches tracker to monitor energy policy responses to Mideast conflict

Tue, 31 Mar 2026

The International Energy Agency (IEA ) launched a policy tracker monitoring government responses to Middle East energy market impacts, detailing measures to conserve energy, protect consumers, and address supply disruptions and price volatility in oil, oil products, and LNG markets.

Energy, Oil & Gas

Saudi’s ADES tops forecasts, maintains growth outlook amid conflict

Tue, 31 Mar 2026

Saudi-based oil ‌drilling group ADES Holding beat analyst expectations with a 2 per cent rise in annual net profit and reiterated its strong growth forecast for this year despite some rig suspensions last year and recent halts due to the Iran war.

Energy, Oil & Gas

TotalEnergies completes UK North Sea asset merger with NEO NEXT

Tue, 31 Mar 2026

TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK Upstream Oil & Gas business. The combined group is renamed NEO NEXT+ and TotalEnergies holds a 47.5 per cent shareholding interest in it.

Energy, Oil & Gas

Australia halves fuel excise to counter global energy turmoil

Mon, 30 Mar 2026

Australian Prime Minister Anthony Albanese announced a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East.

Energy, Oil & Gas

Mideast boosts renewable energy investment amid security push: report

Mon, 30 Mar 2026

Investment in renewable energy projects in the Middle East has jumped by 28 per cent, year-on-year, according to a new report from Ansarada, a mergers and acquisitions (M&A) and infrastructure procurement platform.

Energy, Oil & Gas

EnergyX gains Qatar support to expand deep-tech energy solution

Mon, 30 Mar 2026

EnergyX, a South Korea-founded building energy tech company, secures major Qatari backing to establish its global HQ, expand deep-tech solutions, pursue acquisitions across GCC and Europe, and create over 100 high-skilled jobs

Energy, Oil & Gas

Four global firms in race for 3GW Al Nouf 1 CCGT plant

Mon, 30 Mar 2026

Emirates Water and Electricity Company (Ewec) has announced that it has received four competitive proposals for the development of Al Nouf 1 Independent Power Producer (IPP) project. The country's largest single-site carbon-capture-ready CCGT plant, it will generate up to 3.3GW power once operational.