Energy

Energy, Oil & Gas

IMF says Mideast states face uneven fallout from Iran war

Sun, 19 Apr 2026

Energy disruptions from the Iran war strain Gulf oil and gas exporters, while importers like Egypt and Jordan face higher commodity prices and reduced remittances from Gulf workers, worsening economic pressures across the region, said the International Monetary Fund (IMF).

Energy, Oil & Gas

Energy output recovery will take two years says IEA chief

Fri, 17 Apr 2026

Energy ​output lost in the Middle East from the ongoing ‌conflict in the region will take about two years to recover, Fatih Birol, the head of the International Energy Agency, was quoted as saying in an interview with ​the Neue Zuercher Zeitung newspaper.

Energy, Oil & Gas

Saudi Energy signs final agreements with Kraken for Riyadh JV

Wed, 15 Apr 2026

Saudi Energy and Kraken signed agreements to form a Riyadh-based joint venture, accelerating digital transformation across energy and utilities in Mena, leveraging Kraken’s AI-powered operating system for utilities.

Finance & Capital Market

GCC listed companies' quarterly net profits see sharp fall in Q4

Tue, 14 Apr 2026

Quarterly net profits reported by companies listed on GCC exchanges witnessed a sharp sequential decline and reached the lowest level in 12 quarters during Q4-2025, said a Kamco research report.

Energy, Oil & Gas

E.ON warns of long-term energy price rises in Germany amid Mideast turmoil

Mon, 13 Apr 2026

German energy giant E.ON expects electricity and gas prices to continue climbing over the long term as a result of ongoing tensions in the Middle East, according to senior company officials.

Energy, Oil & Gas

District cooling enhances efficiency in challenging times: opinion

Sun, 12 Apr 2026

Increasing temperatures and energy demand make energy efficiency a priority. Cooling dominates electricity use in Gulf countries, reaching 70 per cent of peak building demand in Bahrain, straining grids and driving need for sustainable solutions urban growth, according to Ali Al Rumaihi is the Country Manager for Tabreed in Bahrain

Energy, Oil & Gas

Bernstein names Adnoc Gas, Fertiglobe as ‘Best Picks’ in Mena energy

Sun, 12 Apr 2026

Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities.

Energy, Oil & Gas

Global shocks spur energy policy and spending surge: IEA

Sun, 12 Apr 2026

Recent global shocks have spurred intensive energy policymaking, increasing focus on security, resilience and affordability, and boosting public spending, according to the IEA’s State of Energy Policy 2026 report reviewing global policy changes in 2025.

Energy, Oil & Gas

ADB launches new trust fund to accelerate progress on ASEAN power grid

Sun, 12 Apr 2026

The Asian Development Bank (ADB) has launched a multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN)—the first such fund in the region.

Energy, Oil & Gas

Modutec acquires EOS Europe to expand energy, marine solutions

Sun, 12 Apr 2026

Modutec announced a majority investment in Aberdeen-based EOS Europe, an electrical services provider for energy and marine sectors, delivering projects across the UK, USA and Norway.