Halliburton Company reported net income of $534m, or $0.64 per diluted share, for the second quarter of 2026, supported by higher revenue and improved operating income. Adjusted net income, excluding ...

Saudi Aramco’s net profit after minority interest is expected to rise 40% year-on-year to SAR119.6bn ($31.85bn) in the second quarter of 2026, according to AlJazira Capital, a news report cited. The ...

ADNOC has taken a $6.2bn final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation ...

Iran and Oman could raise $6.8bn a year by imposing transit fees on oil tankers passing through the Strait of Hormuz, according to estimates from Oxford Economics. The two countries have discussed ...

ADES has added new jack-up rig work in Nigeria and the UK North Sea as it expands its international backlog. ADES wins $229m ...

Brent rose to its highest level since June as Middle East fighting kept energy markets on edge. Brent tops $91 as US says Hormuz oil flows continue. brent crude oil, Iran, Middle East, Middle East Wat ...

Petrofac has appointed a new Board of Directors following its acquisition by a consortium led by Mason Capital and Pearlstone. The new Board will oversee Petrofac’s strategic direction, governance and ...

Shell’s investment will support lower-emissions power generation on New Providence. Shell backs Bahamas LNG terminal to ...

Harish Muhammed Bashir shares how investing in capability has shaped Astra’s rise into an integrated engineering and industrial solutions provider with regional and global ambitions. COVER STORY | ...

ePointZero has closed its $2.25bn acquisition of Traverse Midstream Partners, marking the Abu Dhabi-backed platform’s first move into US natural gas infrastructure. The all-cash transaction gives ...

US President Donald Trump has abandoned a proposal to impose a 20% transit fee on cargo shipping through the Strait of Hormuz, saying Washington will instead pursue trade and investment agreements ...

UAE crude production rose 80% in June to 3.8 million barrels per day, according to data submitted directly to the Organisation of the Petroleum Exporting Countries (OPEC), as field operations ...