NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, today reported a 6% increase in revenues for the first half of 2026 (H1 2026), reaching AED14.1 billion ($3.84 billion), compared to AED13.4 billion in the same period last year.
The Abu Dhabi Department of Energy (DoE) has launched its Cooling Load Manual (CLM) in support of the Abu Dhabi Energy and Water Efficiency Strategy 2030.
US-Saudi consortium Mera Oil has entered the final stage of selecting a host location for its planned $5 billion integrated refinery and energy export corridor. Following three years of evaluation, three GCC sites outside the Strait of Hormuz have been shortlisted.
The International Energy Agency (IEA) expects global electricity demand to grow 3.6 per cent in 2026 and 3.8 per cent in 2027, driven by electrification, data centres and industrial demand despite LNG market disruptions and energy price volatility.
Enersol announced that its portfolio company, EV, has acquired Houston-based Scientific Data Systems (SDS), developer of the Warrior Data Acquisition System, a widely deployed wellbore logging acquisition platform used across the global energy industry.
Iraqi Oil Minister Bassem Mohammed Khudair said the value of the energy-sector contracts and agreements signed in Washington during during Prime Minister Ali Al-Zaidi's visit to the United States amounted to around $200 billion.
In a swift overhaul of the cabinet following the resignation of Keir Starmer, newly appointed Prime Minister of the UK, Andy Burnham, has named Miatta Fahnbulleh as the new Secretary of State for Energy Security and Net Zero.
The UAE has invested more than $85 billion in US energy assets across 19 states, supporting power generation, advanced chemicals, and energy infrastructure. The investments have been made through XRG, ADNOC, and Masdar.
Rosen Group has commissioned a 2 MW photovoltaic system at its Lingen site, Germany, featuring 4,500 solar modules and smart energy management. The €2 million ($2.3 million) project enables 98.7 per cent on-site electricity use, advancing renewable energy goals.
Iraq has signed energy agreements with US firms including ExxonMobil, KBR and GE Vernova to advance oil and power projects, while progressing a Mediterranean Energy Corridor pipeline initiative with a planned capacity of two million barrels per day.
