energy

NEWS DESK

Middle East and North Africa emerges as one of the world’s largest clean energy pipelines as global clean industry financing doubles in pace

News Desk 09/06/2026

The Middle East and North Africa (MENA) is emerging as one of the world’s most important growth regions for clean industry financing, with 84 announced projects representing $642 billion in potential investment across clean fuels, fertilisers,  steel, and aluminum. The MENA region’s grown comes

NEWS DESK

Global Markets Climb as Investors Brace for Higher Rates and Costlier Energy – Saxo Bank

News Desk 15/05/2026

Macro:  Kevin Warsh was confirmed as the new Federal Reserve chair, with bond markets already repricing higher and raising interest rates ahead of his tenure. US retail sales rose 0.5% month-on-month in April 2026, in line with forecasts, after a downwardly revised 1.6% gain in March. Gasoline stations led with a 2.8% increase amid higher […]

NEWS DESK

Commodities weekly: Energy slumps, but physical oil stress keeps the market on edge – Saxo Bank

News Desk 12/04/2026

The Bloomberg Commodity Index (BCOM) is heading for a weekly loss of around 3.6%, marking a notable pause following an extended rally that has left the index still up some 22% year-to-date. Beneath the headline decline, however, the picture is far from uniform. The setback has been overwhelmingly driven by a sharp correction in the […]

NEWS DESK

Ceasefire Brings Relief, But Energy, Shipping and Market Risks Set to Linger

News Desk 10/04/2026

The war may be paused, but we expect several effects to linger across four fronts: energy pricing, shipping/logistics, inventories, and market risk premia. Even after a ceasefire, Hormuz does not normalize overnight.  Market prices adjust much faster than physical flows, and shipping firms may need time just to regain confidence, with port activity taking about […]

NEWS DESK

WTI ON EDGE: HORMUZ TENSIONS REIGNITE THE GEOPOLITICS OF ENERGY SUPPLY

News Desk 10/03/2026

The global oil market has once again been thrust into a period of heightened geopolitical sensitivity, with traders increasingly focused on the strategic vulnerability of the Strait of Hormuz. The narrow maritime corridor, through which roughly a fifth of the world’s oil supply transits, has become the central variable shaping price expectations for crude benchmarks, […]

NEWS DESK

Growing at 10% Annually, Chemical Engineering Prepares Future-Ready Engineers to Tackle Energy and Sustainability Challenges: AURAK

News Desk 14/01/2026

In a world defined by rapid technological change, energy transition, and pressing sustainability demands, chemical engineering continues to stand out as one of the most versatile and future-resilient engineering disciplines, according to American University of Ras Al Khaimah (AURAK). Global employment forecasts project steady growth for chemical engineers over the coming

NEWS DESK

RAKxa to Launch Four Bespoke Wellness Programmes in 2025, Targeting Optimal Energy, Hormonal Balance, Longevity and Sleep

PR News Desk 25/08/2025

As demand for prevention-focused wellness and holistic healing continues to rise, RAKxa, Thailand’s leading integrative wellness destination, has unveiled a new collection of personalised programmes for 2025. Available to purchase from 1st September, the new programmes are rooted in guest insight and shaped by global health demands, addressing four key health goals: Energy

Business Energy Oil & Gas

Do you know that these 8 countries control the world’s energy supply?

Arnold Pinto 20/07/2025

As oil superpowers Global oil production remains dominated by a handful of countries, each with significant influence over energy markets, pricing, and international policy. As geopolitical tensions and energy transitions unfold, these nations remain critical to the global energy supply chain. Middle Eastern producers, particularly Saudi Arabia, the UAE, and Iraq, remain

Appointments Energy GCC

Niko Cornelis to lead GCC operations of Engie

News Desk 02/07/2025

Amid regional energy transition French power company Engie has appointed Niko Cornelis as its new Country Manager for the Gulf Cooperation Council (GCC) region, expanding his remit in the region at a time of rising demand for renewable energy and infrastructure development. Cornelis, based in Dubai, continues in his current role as Managing Director for […]

NEWS DESK

Energy Markets on Edge : Comments from Century Financial

PR News Desk 16/06/2025

Crude prices extended Friday’s surge in early Monday trade but failed to hold higher levels, with WTI retreating to $71.56 and Brent easing to $73.25 after jumping over 13% intraday on Friday. The rally, driven by escalating Israel-Iran tensions, briefly pushed prices to multi-month highs before profit-taking and cooling momentum pulled them back toward last […]

Energy Markets

Iceland tops global energy resilience rankings

Arnold Pinto 08/05/2025

Study analyses 79 nations Iceland is the most energy-resilient country in the world, according to a new global study launched after a catastrophic blackout on April 28, 2025, plunged parts of Spain and Portugal into darkness. The research, conducted by TRG Datacenters, analysed energy systems in 79 nations and ranked their ability to recover from […]

Aviation Energy Sustainability

Azzera adds new ReFuelEU module to CELESTE platform to simplify compliance

Arnold Pinto 02/03/2025

To comply with EU mandate Sustainability solutions provider Azzera has unveiled a powerful new module to help business and commercial aviation operators comply with the European Union’s (EU) ReFuelEU mandate. This latest addition to Azzera’s CELESTE platform strengthens the company’s commitment to simplifying emissions management and sustainability compliance,

Energy

JetWind Power Corporation targets global expansion

Arnold Pinto 24/02/2025

With its unique technology JetWind Power Corporation, the American innovator behind the world’s first patented Energy-Capturing Pods (ECPs), is poised for international expansion as its revolutionary technology attracts global attention. The company’s groundbreaking system, already in action at Dallas Love Field Airport, captures aircraft-generated wind to generate

NEWS DESK

Commodities Weekly: Energy market strength and Trump rhetoric fuel ongoing surge– Saxo Bank MENA

PR News Desk 21/02/2025

“There are decades where nothing happens; and there are weeks where decades happen” is a quote often attributed to Vladimir Lenin. Whether or not it originated from him, it aptly describes the recent and rapid changes initiated by the Trump administration in Washington. In our most recent Commodity Weekly, which highlighted how broad strength had […]

NEWS DESK

Energy Vault to Supply Victorian Government-Owned Renewable Energy Company

PR News Desk 13/02/2025

Energy Vault (NYSE: NRGV) (“Energy Vault” or the “Company”), a global leader in sustainable energy storage solutions, today announced an agreement with Victorian government-owned renewable energy company, the State Electricity Commission (SEC) for the delivery and integration of a 100 MW/200 MWh battery energy storage system (BESS) at the SEC Renewable Energy

NEWS DESK

Pine Island New Energy Partners and Type One Energy Announce Collaboration

PR News Desk 13/02/2025

Pine Island New Energy Partners (PINEP), a private equity firm, and Type One Energy, the leading stellarator fusion company in the market, today announced their strategic collaboration to accelerate the maturation of a more robust supply chain for the fusion energy industry. As the global fusion sector moves aggressively toward commercialization, the need to refine […]

NEWS DESK

Broad Strength Drives Commodities Sector to 26-month High– Saxo Bank MENA

PR News Desk 06/02/2025

A strong start to the year has seen one of the leading commodities indices reach a 26-month high, potentially signalling a breakout of a two-year horizontal range that emerged following the 2020–2022 pandemic- and Ukraine war-led surge and subsequent correction. Overall, the Bloomberg Commodity Total Return Index (BCOMTR) trades up 5.9% so far this year […]

NEWS DESK

Bureau Veritas Continues to Build Capabilities in the Energy

PR News Desk 17/11/2024

Bureau Veritas, a global leader in Testing, Inspection, and Certification services, today announced the acquisition of Versatec Energy B.V., an independent and specialized technical advisory company for the offshore and onshore energy industry. This acquisition is in line with the LEAP | 28 strategy to create a new stronghold in the fast-growing renewables segment,

Oil & Gas UAE

AI and finance dominate ADIPEC 2024 agenda in Abu Dhabi

Arnold Pinto 03/11/2024

From November 4 to 7 Abu Dhabi, the global energy industry hub, will host the 40th edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) from November 4 to 7, 2024. Organised by dmg events, the event will convene over 184,000 attendees, including more than 1,800 innovators and experts from the energy, artificial […]

NEWS DESK

Kinaxis Announces Deal to Transform Energy Sector Supply Chains

PR News Desk 14/10/2024

Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced a co-development deal with ExxonMobil, one of the largest integrated fuels, lubricants and chemical companies in the world, to create supply chain technology solutions designed specifically for the energy sector. Empowered by the growing demand for energy products that