Türkiye is entering a pivotal phase in the development of its energy sector, with strong economic and population growth driving rising electricity demand and increasing the need for investment in infrastructure, flexibility and energy efficiency, according to a new review by the International Energy Agency (IEA).
The rapid growth of artificial intelligence (AI) and data centres is reshaping energy demand and increasing the focus on flexible generation, energy storage, critical power and smart energy management, according to Mark Ring, Group Director of Middle East Energy.
The 25th WPC Energy Congress will bring together energy ministers, industry executives, policymakers and global energy leaders in Riyadh from October 11–15, 2026, under the theme “Pathways to an Energy Future for All.”
Global energy technology company SLB has announced that it has secured a major EPC contract from Omani group OQ Exploration & Production (OQEP) for the expansion of the sultanate's Bisat-B Production Facility. The entire project is scheduled for completion within 19 months.
The value of the European Union’s petroleum oil imports surged 55.8 per cent in the second quarter of 2026, while volumes remained broadly stable, rising 1.2 per cent to a monthly average of 36.7 million tonnes, according to Eurostat.
US President Donald Trump has proposed a $10 billion fund to rebuild war-damaged energy infrastructure and develop oil and gas export routes that bypass the Strait of Hormuz, with $5 billion in US funding and a matching $5 billion contribution from Gulf and other regional partners.
Surging electricity demand from AI, data centres, and industrial electrification is colliding with geopolitical instability, infrastructure constraints, and persistent energy gaps, according to the World Energy Council’s 2026 World Energy Trilemma report.
Bilfinger has announced that it has secured a major contract from Shinas Marine Fuels to provide Front-End Engineering Design (FEED) consultancy services for the Phase 1 of its oil terminals project in Oman. The work includes provision of consultancy expertise to help define the project's technical and commercial framework.
BP today announced that it has appointed Ian Tyler as Chair of the company following an extensive search process, including both internal and external candidates. He will assume the role immediately.
Saudi Energy has signed three strategic agreements at LEAP 2026 with HUMAIN, center3 and Huawei to strengthen energy and digital infrastructure for Saudi Arabia’s expanding AI and data centre sector, supporting future capacity, investment and technological growth.
