Endress+Hauser, Covestro, BASF and Yokogawa have completed a large-scale Ethernet-APL scalability test, validating interoperability and performance across complex, multi-vendor industrial automation environments under realistic operating conditions.
NMDC Energy, an Abu Dhabi-based engineering, procurement, and construction (EPC) services company, reported a strong first half of 2026, with revenue rising 16 per cent year on year to AED9.5 billion ($2.6 billion), driven by diversified growth across its UAE operations and international EPC projects.
TotalEnergies and Eni have approved the development of Cyprus’ Cronos gas field, with first production targeted for 2028. The project will supply European markets through Egypt’s LNG infrastructure, reaching around 2.8 million tonnes annually.
Masdar and Montenegro’s EPCG have advanced their renewable energy partnership, signing agreements for 150MW of solar projects and exploring over 400MW of pumped hydro storage under a joint venture targeting 2GW of clean energy capacity.
Fertiglobe, a major exporter of urea and net ammonia and the exclusive ammonia platform of ADNOC and XRG, today reported strong revenues of $1.1 billion, up 92% year-on-year, for the second quarter of this year.
Oil prices extended their sharp decline in early Asian trading on Tuesday as markets welcomed a fourth consecutive night without military strikes between the United States and Iran, easing immediate fears of a wider disruption to Middle East energy supplies.
Global battery energy storage system (BESS) capacity is forecast to increase sixfold between 2025 and 2030, growing at a 42 per cent CAGR, as rising electricity demand from electrification, industry and AI-driven data centres accelerates investment, according to GlobalData.
Ampo Arabia has secured the largest order in its history, winning a contract from C.A.T. Group to manufacture up to 1,200 engineered valves locally for Aramco’s Zuluf offshore expansion, supporting Saudi Arabia’s energy growth and localisation goals.
KBR has been awarded a project management consultancy (PMC) contract by Power2X for its eFuels project in Rotterdam, a major initiative aimed at accelerating Europe's transition to sustainable aviation fuel (SAF).
Swedish solar company Midsummer has secured its largest-ever order, supplying 667 kW of lightweight BOLD solar panels for an off-grid project developed with Denmark's Green Energy Group, with delivery and installation scheduled for the fourth quarter of 2026.
