National Central Cooling Company (Tabreed) has announced robust results for the first half delivering a revenue of AED1.13 billion ($307 million) supported by fixed capacity charges and ongoing capacity expansion. The connected capacity grew 15% to hit 1.58 million refrigeration tonnes (RT).
A consortium comprising EDF power solutions, Al Khadra Partners and OQ Alternative Energy (OQAE) has reached financial close for the 120-megawatt (MW) Jaalan Bani Bu Ali (JBB) Wind Independent Power Project in Oman.
Diesel prices in the US and Europe have risen sharply amid disruptions to supplies of refined oil products, including diesel fuel. US ultra-low sulfur diesel futures surged 7.4% to settle at $4.19 per gallon on Monday, while in Europe, the diesel refining margins witnessed a 10% drop.
Saudi Aramco Base Oil Company (Luberef) has announced that it had extended its utilities sales and land lease agreement with its majority stakeholder and global oil giant Aramco through 2030, supporting the continued operation of its key facility in Jeddah as well as Group I base oil production.
Adnoc Logistics and Services (Adnoc L&S) posted record 2026 results, with second-quarter revenue surging 98 per cent to $2.584 billon, EBITDA jumping 176 per cent to $1.106 billon and net profit rising 303 per cent to $951 millon.
The Kazakhstan International Oil & Gas Exhibition and Conference - KIOGE 2026 -- offers global companies the opportunity to showcase solutions, develop strategic partnerships and strengthen their presence in this important energy market of Central Asia.
Oil prices extended their rally on Tuesday after surging about 5% in the previous session, as fresh demands by US President Donald Trump and Iran's insistence on major concessions from Washington cast renewed doubt over efforts to reopen the strategically vital Strait of Hormuz.
Acwa Field Services, the field maintenance and technical services subsidiary of Saudi-listed Acwa, has acquired the steam turbine services business of EthosEnergy in Wrocław, Poland.
Malaysia’s palm oil stockpiles rose 3.32 per cent to 2.63 million tonnes in July 2026 from 2.54 million tonnes in June, according to the Malaysian Palm Oil Board (MPOB). The increase was driven by higher crude palm oil (CPO) inventories, which climbed 7.24 per cent to 1.43 million tonnes from 1.33 million tonnes.
French mining equipment specialist Aramine has launched Aramac, a new company focused exclusively on the design, manufacture and distribution of underground mining equipment and complementary solutions.
