The International Air Transport Association (IATA) will host its fourth World Sustainability Symposium in Brussels on October 13-14, 2026, bringing together aviation, energy, finance and government leaders to advance policies supporting aviation’s net-zero emissions goal by 2050.
SLB has agreed to acquire Kelvion, a global provider of thermal management and heat exchange technologies, for approximately $3.4 billion in cash, as the energy technology company seeks to strengthen its position in the rapidly expanding data centre infrastructure market.
Oil prices rose on Tuesday as renewed military tensions between the United States and Iran revived concerns that the conflict could continue to disrupt crude supplies from the Middle East.
Mammoet has completed a series of heavy lifting operations for the Rig BW Maromba B Wellhead Platform (WHP) conversion project at Drydocks World Dubai, marking a key milestone in the redevelopment of the offshore asset.
Saudi Energy has strengthened its sustainability performance, scoring 68 in the 2026 S&P Global Sustainability Assessment, a 5 per cent increase from 65 last year.
KBR has been selected by the Live Oak consortium to provide front-end engineering design (FEED) services for a proposed e-NG project in Norfolk, Nebraska. The project aims to produce and export e-methane to Japan, targeting operations by 2030.
Saudi Arabia’s Arabian Drilling Company has signed a new five-year contract worth approximately SAR3 billion ($800 million) with SLB for the provision of 11 land rigs for gas-related lump-sum turnkey (LSTK) operations.
The UAE’s renewable energy capacity has increased more than 63-fold over the past decade, rising from 129 MW in 2015 to more than 8.2 GW in 2025, according to Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure.
Saudi-listed Acwa has signed an MoU with Veolia in Paris to optimise seawater desalination, combining technical expertise to improve SWRO plant design, operations and equipment selection while reducing energy consumption.
The UAE Fuel Price Committee has approved fuel prices for September 2026, with petrol prices adjusted by between 5.56 per cent and 5.87 per cent under the country’s monthly pricing mechanism.
