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.
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.
The heads of the International Energy Agency, International Monetary Fund, and World Bank on Wednesday said they will form a coordination group to maximise their response to the significant economic and energy impacts of the war in the Middle East.
Oman’s Authority for Public Services Regulation (APSR) will implement three energy projects—renewables, battery energy storage systems, and demand response—while improving service assurance standards in 2026 to boost efficiency and reliability.
The Maharlika Consortium, with WEnergy Global and CleanGrid Partners, has broken ground on 24 off-grid microgrids in the Philippines, a $35 million project and the largest private-sector rural electrification initiative in the country.
Bapco Energies, Bahrain’s integrated energy company, hereby serves notice of force majeure on its group operations which have been affected by the on-going regional conflict in the Middle East and the recent attack on its refinery complex.
KEY - The Energy Transition Expo, the Italian Exhibition Group's event of reference in Europe, Africa and Mediterranean basin on energy transition, ended on a successful note after three days of great exhibits, meetings, discussions and dialogues to map the new direction of the global energy future.
UAE-based 2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has acquired a majority stake in ISEM, a major European packaging group with interests in beauty, fashion, luxury and nutraceuticals, for AED704 million ($192 million).
The finance and energy ministers of the G7 group affirmed their readiness to take "all necessary measures" to ensure the stability of the energy market, as part of their efforts to address the economic repercussions of the war in the Middle East.
Global technology company SLB announced a three-year agreement with Azule Energy to continue and expand the use of its enterprise digital platform across Azule’s operations in Angola.