.jpg)
Construction completed on $8.5bn Neom hydrogen project
Saudi Arabia’s $8.5bn Neom Green Hydrogen project has completed construction and entered commissioning, with commercial operations targeted for 2027.
Gates-Backed TerraPower to Announce Second Nuclear Plant This Year
Bill Gates-backed TerraPower plans to announce its second nuclear project this year, targeting data center power demand as AI drives growing interest in advanced nuclear energy.
Oil Prices Hit Near Three-Week High as US-Iran Peace Hopes Fade
Oil prices climbed to near three-week highs as fading prospects for a U.S.-Iran agreement and continued restrictions through the Strait of Hormuz renewed concerns over prolonged Middle East energy supply disruptions.
UAE Says Iran Fired Two Missiles at Country as War Drags On
The United Arab Emirates said two ballistic missiles were fired toward the country from Iran, with both missiles falling into the sea. The UAE's Defense Ministry said one missile dropped within the UAE's territorial waters and the other outside.
Tanker Stops in Hormuz as Iran Raises Efforts to Control Strait
A fuel tanker has made an erratic series of turns and come to a halt near Iran’s Qeshm Island, as the country steps up efforts to control the Strait of Hormuz.
Egypt lays foundation stone for first energy storage systems plant in Middle East, Africa
Egypt has broken ground on the Middle East and Africa’s first dedicated battery energy storage systems (BESS) manufacturing plant. Developed by Sungrow Power in the Egypt-China TEDA Zone in Ain Sokhna.
Aramco Profit Jumps 33% as US-Iran War Boosts Oil Prices
Adjusted net income climbed to $33.4 billion in the second quarter as higher oil prices more than offset lower production caused by the closure of the Strait of Hormuz
Europe's Rivers Are Drying Up. Its Power Grid Is Paying the Price.
As heat waves push European rivers to record lows, nuclear reactors and hydro plants are throttling back amid record cooling demand
Oil falls after Trump cancels attack on Iran to seek nuclear deal
Brent crude sank as much as $4.49 a barrel, or roughly 5%, to $83.44
Iran Redirects Six Violating Vessels to Safe Route in Strait of Hormuz
Iran redirects 6 vessels to safe route in Strait of Hormuz after they violated designated shipping route
IRGC: Two Oil Tankers Halted in Strait of Hormuz, Four Others Forced to Turn Back
Iran's IRGC strikes two oil tankers in Strait of Hormuz, warns US against interference
Speculation About LNG Shipments as Qatar Sends Carrier Through Hormuz
QatarEnergy’s Al Areesh LNG carrier crossed the Strait of Hormuz for the first time in nearly three weeks, fueling speculation over a broader return of Qatari LNG shipments
