Hoist & Winch has completed the installation of eight tailored electric chain and wire rope hoists at a UK dockside seed-crush and refinery facility, supporting critical maintenance operations across the site.
SmartWatt Consulting and Integrated Energy Services, an Abu Dhabi-headquartered energy technology company, has partnered with India's BSES Rajdhani Power to develop AI-enabled demand-side flexibility solutions for capital Delhi's electricity network under the Muruna Initiative.
Oil prices settled lower on Friday after the latest round of US-Iran fighting as traders grew hopeful that shipping would eventually resume in the Strait of Hormuz, but prices finished with sharp weekly gains. Brent crude futures fell by 29 cents to close at $76.01 a barrel.
Abu Dhabi-based ADNOC Logistics and Services (ADNOC L&S) on Friday announced a newbuilding order for an additional four next-generation LNG carriers with a total value of approximately $900 million (AED3.3 billion).
Ampo Poyam Valves has secured multiple contracts to supply around 15,000 engineered valves for the first five liquefaction trains of the Rio Grande LNG Project in Texas, one of the world’s largest LNG export facilities under construction.
Renewable energy continued to be the most cost-competitive source of new electricity generation in 2025, with more than 90 per cent of newly added utility-scale renewable capacity proving cheaper than the lowest-cost new fossil fuel alternatives, according to a report by the International Renewable Energy Agency.
TotalEnergies has shipped the first LNG cargo from ECA LNG Phase 1, a liquefied natural gas (LNG) export terminal currently under commissioning on Mexico’s Pacific Coast in Baja California, to Asia.
Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction.
Konecranes is set to acquire a 70 per cent stake in Mitsubishi Electric FA Industrial Products (MFK), strengthening its position in Japan’s wire rope hoist, geared motor and service markets.
Axess Group has secured contracts from Golar LNG to deliver maintenance build and integrity management services for two floating LNG (FLNG) assets following competitive tenders.
