Iran and China have pushed back against US President Donald Trump’s threat to impose what Washington says will be the “toughest sanctions in history” on Tehran, warning that unilateral economic pressure could further destabilise the region and damage global trade.
Oil prices remained near their highest level in more than three weeks on Friday as the deadlock over the Strait of Hormuz and a sharp escalation in US economic pressure on Iran raised fresh concerns about global energy supplies.
US-based Powerus has won a contract to deploy networked counter-UAS detection, tracking, classification and early-warning capabilities to support the protection of critical oil and gas infrastructure in the Middle East.
Energy-focused psychological consultancy IntrospeXion has signed a contract with a major UAE-based energy operator to deliver a company-wide mental health and wellbeing programme that will support employees across onshore, remote, and offshore sites.
Ebara Elliott Energy (EEE) and Doosan Enerbility have signed a memorandum of understanding (MOU) to co-develop advanced gas turbine-driven centrifugal compressors for the liquefied natural gas (LNG) industry.
Chevron Corporation, through its subsidiary Cabinda Gulf Oil Company Limited (CABGOC), has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola.
bp and the Government of the Bolivarian Republic of Venezuela have signed agreements to advance offshore gas development, including the award of an exploration and production licence for Phase 2 of the Loran field in the Plataforma Deltana area.
Venezuela signed oil-related contracts with two US companies as the government of the South American country seeks to attract investment and boost crude production, a report said.
Intersolar Middle East 2026 will bring together solar and renewable energy industry leaders in Dubai next month, with the three-day conference focusing on the region's accelerating energy transition, energy security and the growing role of solar power and energy storage.
US President Donald Trump has threatened to impose sweeping economic punishment on any country that provides a “lifeline” to Iran, escalating pressure on Tehran as the confrontation over the strategically vital Strait of Hormuz enters a critical phase and diplomatic efforts to end the nearly six-month-old war appear increasingly uncertain.
