QatarEnergy has signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10, offshore Cyprus, as well as a collaboration statement, together with the Government of Cyprus and ExxonMobil.
Sasol and Topsoe have announced plans to reorganise their sustainable aviation fuel (SAF) partnership by preparing for the orderly operational wind-down of their joint venture, Zaffra, while strengthening their long-standing technology licensing collaboration through the Single Point Licensor (SPL) framework established in 2019.
Applus+ has renewed a major offshore pipeline integrity contract with a leading UAE organisation for another five years, reinforcing its long-standing partnership and technical expertise.
SLB has been awarded a seven-year contract by Kuwait Oil Company under the Ahmadi Innovation Valley initiative, supporting research, digital innovation and deployment of technologies including AI, IIoT, reservoir management and energy transition solutions.
Plenitude, controlled by Eni, has begun production at its 220 MW Villarino solar plant in Salamanca, Spain. The 286-hectare facility has over 365,000 bifacial modules and is expected to generate more than 400 GWh annually.
Global demand for liquefied natural gas (LNG) is projected to reach nearly 700 million tonnes annually by 2050, up around 65 per cent from 2025 levels, driven by growing demand for secure, flexible and lower-emission energy, according to Shell’s LNG Outlook 2026.
IMI has announced a major investment in India with the launch of a new manufacturing and engineering facility in Chennai, Tamil Nadu, strengthening its regional operations and production capabilities.
Al Maha Petroleum Products Marketing Company has highlighted its focus on digital readiness, financial discipline, governance and operational excellence at the Future Ready Finance and Tax Transformation Forum Oman.
The UAE Fuel Price Committee has announced reduced fuel prices for July 2026, bringing rates down compared to June in line with shifts in global oil markets.
AD Ports Group and IRH Global Trading have signed an MoU to explore cooperation in bunkering services and alternative marine fuels at Khalifa Port, including Liquefied Natural Gas (LNG), biofuels and methanol development.
