Masdar commits to developing a 300MW/600MWh battery storage system in Uzbekistan, marking a major step in modernising the national grid and securing investments in renewable energy.
The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.
JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.
Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
SLB has unveiled Tela, an agentic artificial intelligence technology designed to automate upstream processes and enhance operational efficiency at scale.
The partnership combines industrial AI tools, continuous power supplies, and investment vehicles, with volumes and metrics aligned to the demands of high-density data centers and operational optimization in oil and gas production.
Dragon Oil, a subsidiary of Emirates National Oil Company, partners with PETRONAS to enhance technical and commercial cooperation in oil and gas exploration and production.
The Chinese wind turbine manufacturer and Saudi operator sign a seven-year framework agreement to deploy local production lines and enhance technological cooperation in several strategic markets.
Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.
ACWA Power signed $10bn worth of projects and financing agreements across Central Asia, the Gulf, China and Africa, marking a new phase in its global energy expansion.
Abu Dhabi has begun construction on the world’s first gigascale solar and battery storage project, capable of delivering 1GW of baseload renewable power, with operations expected by 2027.
The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.
VoltaGrid and Halliburton launch a strategic collaboration to deploy distributed power systems for data centres, with an initial rollout planned in the Middle East.
Vantage Drilling halted a 260-day drilling contract for the vessel Platinum Explorer following a rapid evolution of international sanctions regimes that made the campaign non-compliant with the applicable legal framework shortly after it was signed.
The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.
A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
India faces mounting pressure from the United States over its purchases of Russian oil, as Donald Trump claims Prime Minister Narendra Modi pledged to halt them.
Australian group Santos lowers its annual production forecast after an unplanned shutdown at the Barossa project and delayed recovery in the Cooper Basin.
The New Vista vessel, loaded with Abu Dhabi crude, avoided Rizhao port after the United States sanctioned the oil terminal partly operated by a Sinopec subsidiary.
Opec+ has reaffirmed its plan for a gradual increase in oil production starting from April 2025, a decision that has led to a drop in oil prices, particularly Brent. This strategy marks a shift in the cartel’s approach.
Kyrgyzstan, Kazakhstan, and Uzbekistan team up to construct the Kambar-Ata-1 hydroelectric plant, a Soviet-era project revived to address energy and water shortages in Central Asia. The $3.5bn initiative requires international investment.
During the state visit of the President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, Eni signed three collaboration agreements with Emirati companies, focusing on data centre development, the electricity interconnection between Albania and Italy, and research on critical minerals.
The U.S. government announced new sanctions targeting 22 individuals, companies, and 13 vessels accused of circumventing sanctions on Iranian oil, as part of its "maximum pressure" policy.
Veolia has signed an agreement with Emirati oil company Adnoc to streamline water consumption at its industrial sites. This strategic partnership aims to improve resource management and aligns with the French group’s expansion strategy in the Middle East.
Yemen's Oil Minister, Saeed Suleiman al-Shamasi, recently urged Iran to stop supporting Houthi rebels, as the war-torn country seeks to revive its natural gas exports. This plea was made amid a dire energy crisis and a deteriorating geopolitical situation.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Fund for Development (QDF) have signed a $100 million financing agreement to connect the Gulf power grid with Oman. This strategic project, with a total cost exceeding $700 million, aims to enhance regional energy security and efficiency.
ADNOC Gas reports a net profit of $5 billion in 2024, marking a 13% year-on-year growth. The company strengthens its position with adjusted revenues of $24.43 billion and plans strategic investments through 2029.
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After two record years of mergers and acquisitions in the oil and gas sector, upstream M&A activity is expected to slow down in 2025. Despite a deal pipeline valued at $150 billion, geopolitical tensions and restrictive fiscal policies are limiting new opportunities.
Saneg, in partnership with international players, transforms flared gas into a usable resource, reducing energy dependency while strengthening its position in a pressured energy market.
Shanghai Electric secures multiple certifications for key energy projects in Dubai, Oman, Bangladesh, and Malaysia, reinforcing its role in the energy strategies of emerging markets.
Masdar grows from 20GW to 51GW in a short period. This trajectory relies on solar, wind, and storage deployments backed by substantial financing, targeting a much higher goal in the medium term.
The Aker Solutions-Siemens Energy consortium advances on Norfolk Vanguard West and East, strategic RWE projects for offshore wind infrastructure development in Europe.
Masdar, supported by the United Arab Emirates, increased its energy capacity to 51GW in 2024, strengthening its global strategy through targeted acquisitions and key projects.
The United Arab Emirates inaugurates a groundbreaking solar energy project combining a 5.2 GW capacity with 19 GWh battery storage, ensuring continuous energy supply.
Facing water shortages worsened by climate change, Tajikistan invests in the Rogun Dam, a colossal infrastructure project that could become the world’s tallest hydroelectric dam and transform the country’s energy future.
South Africa bolsters its electric grid by awarding two 300 MWh energy storage projects to AMEA Power in the North West Province, aiming to improve energy stability.
With an $80 million international investment, Uzbekistan launches a strategic solar power plant in the Khorezm region, aiming for an annual output of 240 MWh and significant CO₂ emission reductions.
PowerChina launches a 1.5 GW solar project in the United Arab Emirates, marking a key milestone in the region's energy strategy while strengthening efforts toward a low-carbon economy transition.
