Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

ADNOC to increase crude storage in India to 30m barrels

Sat, 16 May 2026

The UAE's energy major ADNOC has announced two strategic collaboration agreements with Indian partners, reinforcing the strong and expanding UAE‑India energy partnership.

Energy, Oil & Gas

UAE fast-tracks new oil pipeline, set to double export capacity via Fujairah

Fri, 15 May 2026

The UAE is accelerating construction of a major new oil pipeline that will double ADNOC’s crude export capacity through the emirate of Fujairah, strengthening the country’s ability to ship oil to global markets without relying on the strategically vital but increasingly vulnerable Strait of Hormuz.

Energy, Oil & Gas

Tabreed delivers solid Q1 results; revenue hits $132m

Fri, 15 May 2026

UAE-based National Central Cooling Company (Tabreed) has reported solid results for the first-quarter with a revenue of AED486 million ($132.3 million) and a net profit of AED78 million ($21.2 million) for the three-month period. Its operational performance and cash generation remained resilient for Q1.

Energy, Oil & Gas

Mubadala, Kimmeridge, CPP seal $9.7bn US gas plant investment deal

Fri, 15 May 2026

Abu Dhabi-based Mubadala Energy has announced that it has made a final investment decision with Kimmeridge and Canada Pension Plan (CPP) for its Commonwealth LNG project that includes successful closing of $9.75 billion in project financing for construction of the 9.5 Mtpa gas export facility in Louisiana, US.

Energy, Oil & Gas

RWE-Masdar JV receives planning permission for 3GW offshore wind farm projects

Fri, 15 May 2026

Two major wind far projects being developed by a joint venture between RWE and Abu Dhabi Future Energy Company (Masdar) off the northeast coast of England have won the Development Consent Order.

Energy, Oil & Gas

TAQA posts $3.73bn revenue, net income stays steady

Fri, 15 May 2026

Abu Dhabi National Energy Company (TAQA) on Friday reported first-quarter revenue of AED13.7 billion ($3.73 billion), while net income attributable to shareholders remained steady at AED2.1 billion ($571.82 million).

Energy, Oil & Gas

MOL expands Szarvas Biogas Plant with biomethane unit

Thu, 14 May 2026

Hungarian energy company MOL Group is expanding its Szarvas Biogas Plant with a new biomethane unit, marking a step in the company’s renewable energy strategy.

Energy, Oil & Gas

Alfa Laval CEO reaffirms commitment to Mideast customers

Thu, 14 May 2026

Alfa Laval, an expert in heat transfer, separation, and fluid handling technologies, reaffirms its long-term commitment to the Middle East during a two-day visit by Alfa Laval President and CEO Tom Erixon to the UAE.

Energy, Oil & Gas

Saudi Arabia launches prequalification for CNG distribution projects

Thu, 14 May 2026

Saudi Arabia’s Ministry of Energy announced the launch of the prequalification process for tenders related to the development, ownership, and operation of tanker-based compressed natural gas (CNG) distribution projects in the Riyadh and Eastern regions.

Energy, Oil & Gas

Envision Energy, Menderes Tekstil sign 120MW wind deal in Turkey

Thu, 14 May 2026

Envision Energy has partnered with Menderes Tekstil, an Akca Holding company, to develop the 120MW Beğendik Wind Power Project in Edirne Province, Türkiye, strengthening cooperation in renewable energy development and industrial decarbonisation.