Latin America has significant untapped geothermal potential, with resources estimated at up to 70 gigawatts (GW), yet less than 6 per cent has been developed, according to discussions hosted by the International Renewable Energy Agency (Irena), the Global Geothermal Alliance (GGA), and the Government of El Salvador.
Annual investment in nuclear energy must triple to $250 billion, requiring around $6 trillion by 2050 to expand global capacity and support the full nuclear value chain, the World Nuclear Association said in its inaugural investment guide.
National Energy Services Reunited (NESR), an international provider of integrated energy services in the Mena region, has secured contract awards worth $300 million in Kuwait over five years, covering its Production Services and Drilling & Evaluation segments.
Envision Energy, a global green technology company, has partnered with Sasol, an international energy and chemicals firm, to advance a design study for a potential green hydrogen system at Sasol’s Sasolburg operations in South Africa.
King Fahad Industrial Port in Yanbu has received nine wind turbines and related equipment aboard the Pacific Titan to support Saudi Arabia’s renewable energy expansion and upcoming Starah and Shaqra wind projects under the National Renewable Energy Programme.
Saudi Arabia’s Al Henakiyah (1) Solar PV Plant, part of the Kingdom’s National Renewable Energy Programme supervised and implemented by the Ministry of Energy, has a capacity of 1,100 MW, enough to supply electricity to approximately 190,000 homes annually.
Fugro Survey India has secured a three-year contract from Vantage International Management Company to provide remotely operated vehicle (ROV)-based deepwater drill support services for ONGC’s offshore drilling operations in India.
JCB, Japan’s only international payment brand, has achieved an 82.4 per cent reduction in its own greenhouse gas (GHG) emissions in FY2025 compared with FY2013, meeting its emissions reduction target and advancing efforts toward carbon neutrality.
McDermott and Doosan Enerbility have signed a memorandum of understanding (MOU) to explore potential strategic collaboration opportunities in the power generation market.
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has identified Abu Dhabi as one of the world’s most strategically positioned regions in the emerging hydrogen economy, according to its June 2026 report, Abu Dhabi’s Positioning in the Hydrogen Economy.
