Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

AD Ports Group inks export hub deal with Borouge

Tue, 19 May 2026

AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, has signed a partnership agreement with Borouge, a leading petrochemical company, to explore expanded collaboration opportunities aimed at enhancing export resilience and operational flexibility.

Energy, Oil & Gas

IAEA monitoring Barakah Plant, ready to assist

Tue, 19 May 2026

The International Atomic Energy Agency (IAEA), affiliated with the United Nations (UN), is closely monitoring the situation at the Barakah Nuclear Energy Plant in Abu Dhabi through continuous coordination with the relevant UAE authorities, while expressing its full readiness to provide assistance if needed.

Energy, Oil & Gas

Italy, Oman sign 150 MW green data centre project

Mon, 18 May 2026

The Italian Pavilion at Oman Sustainability Week 2026 signed an energy partnership to develop a 150 MW hyperscale AI data centre in Oman, integrating renewable energy, enhancing efficiency and supporting low-carbon digital infrastructure aligned with Oman Vision 2040.

Energy, Oil & Gas

Abraj Energy signs strategic deals to boost sustainability, ICV

Mon, 18 May 2026

Abraj Energy Services signed strategic agreements during OPES 2026, including a five-year contract with OQ EP, partnerships with Petrogas Rima, Petrogas Rima and Imdad Energy, supporting operational sustainability, clean energy adoption, local content development and Oman’s energy sector goals.

Energy, Oil & Gas

OQ achieves 2025 emissions targets, boosts local value added by 24pc

Mon, 18 May 2026

OQ Group’s 2026 Sustainability Report highlighted progress in renewable energy, emissions reduction and local value creation, including over 2,000MW renewable capacity, achievement of 2025 emissions targets, automated emissions tracking systems and a 24 per cent increase in local value retained in Oman.

Energy, Oil & Gas

Renewables account for nearly 38pc of OECD electricity output in February: IEA

Mon, 18 May 2026

OECD net electricity generation reached 920.8 TWh in February 2026, up 0.8 per cent year-on-year. Fossil fuels supplied 45.4 per cent of output despite declining 4.7 per cent, while renewables contributed 37.8 per cent and nuclear power accounted for 15.7 per cent of generation.

Energy, Oil & Gas

Aramco, Pasqal launch Saudi Arabia’s first quantum computer

Mon, 18 May 2026

Aramco, one of the world's leading energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, on Monday officially inaugurated Saudi Arabia’s first quantum computer.

Energy, Oil & Gas

WNA calls for protection of nuclear facilities after UAE incident

Mon, 18 May 2026

The World Nuclear Association (WNA) has condemned a drone attack near the Barakah Nuclear Power Plant in the UAE, calling for stronger protection of civilian energy infrastructure under international law.

Energy, Oil & Gas

OPES, Oman Sustainability Week 2026 open in Muscat

Mon, 18 May 2026

Oman Petroleum & Energy Show and Oman Sustainability Week opened on May 18, 2026 at Oman Convention and Exhibition Centre, convening global energy leaders, policymakers, investors, and sustainability experts.

Energy, Oil & Gas

BlueFive Capital acquires 49pc Massar stake from Taqa

Mon, 18 May 2026

BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake.