Rising energy demand and the rapid advance of artificial intelligence are reshaping the global energy sector, requiring countries to build cleaner, smarter and more resilient power systems, a senior UAE energy official said on Wednesday.
The UK risks becoming trapped in a cycle of high electricity prices, weaker industrial demand and rising infrastructure costs unless it finds ways to increase power consumption, Energy Institute President Andy Brown has warned.
Saudi-based Alkhorayef Water and Power Technologies Company said it has secured a three-year contract from the National Water Company to provide operation and maintenance services for water and wastewater facilities at Al Khobar in the kingdom's Eastern Province.
Bahrain's Electricity and Water Authority (EWA) has confirmed that the temporary power outage that affected several areas across the Kingdom has been fully resolved.
US President Donald Trump has thrown the future of a newly signed civilian nuclear cooperation agreement with Saudi Arabia into uncertainty by declaring that it will take effect only if the kingdom normalises relations with Israel, a condition that was not publicly attached to the deal when it was signed.
US Secretary of Energy Chris Wright and Saudi Minister of Energy Prince Abdulaziz bin Salman have signed a peaceful nuclear cooperation agreement, commonly known as a 123 agreement, alongside an accompanying bilateral safeguards agreement.
A power and water desalination station in Kuwait was damaged in an Iranian attack on Saturday, triggering a fire and forcing the temporary shutdown of many units, reported state media. Several firefighters and an worker were injured while battling fires at two sites targeted in the attacks.
Siemens Energy will supply six gas turbines, six generators and 20-year maintenance services for Oman’s Misfah and Duqm IPP projects, adding nearly 2.6 GW of capacity, increasing national electricity generation by almost 20% and serving more than 2 million people.
Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity.
Venezuela’s government and General Electric have signed a memorandum of understanding to modernise the national power grid, officials said. The plan targets 1 GW of added capacity within 24 months and more than 5 GW over four years, as authorities move to urgently formalise the agreement.
