Umm Shaif Gas Cap

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Saudi Arabia is advancing four battery energy storage projects totaling 2,000 MW and 8,000 MWh, backed by more than SAR4.35 billion in commitments as the kingdom builds large-scale storage capacity to support renewable power across Makkah, Hail and Qassim. Representative image.

Saudi Arabia signs $1.16bn battery deals for 2GW and 8GWh of grid storage

RMC Switchgears’ ₹344.10 crore order win, including ₹333.80 crore of PGVCL underground-cabling work, has lifted its unexecuted order backlog to about ₹1,188 crore even as the company navigates a sharp Q1 revenue decline. Representative image.

RMC Switchgears (NSE: RMC) wins Rs 344cr orders as Q1 revenue plunges 56%

Representative image of an offshore oil and gas platform in the Norwegian continental shelf, illustrating why Vår Energi ASA’s record Q1 2026 production, strong cash flow, and dividend outlook are drawing investor attention.

Ithaca Energy (LSE: ITH) lifts 2026 dividend as Rosebank moves toward first oil

Euler Motors’ new Palwal manufacturing capacity can produce up to 24,000 electric four-wheelers annually, strengthening its electric cargo vehicle expansion after FY26 revenue doubled to ₹402 crore and raising the stakes in India’s fast-growing commercial EV market. Representative image.

Can Euler Motors fill a 24,000-unit factory while moving toward breakeven?

Offshore gas infrastructure in Abu Dhabi waters, illustrating how ADNOC’s $6.2bn Umm Shaif Gas Cap project aims to expand UAE gas supply from a mature field by 2030. Representative image.

Umm Shaif Gas Cap project: Why ADNOC’s $6.2bn offshore gas development matters in 2026

ADNOC has approved a $6.2 billion final investment decision for the Umm Shaif Gas Cap project, aiming to unlock more than 600 million standard cubic feet per day of gas and associated liquids from one of Abu Dhabi’s most established offshore fields by 2030.

byVenkatesh

July 25, 2026

TotalEnergies Q2 adjusted profit hits $6bn on high oil and refining margins

TotalEnergies posted $9.8bn Q2 cash flow and cut gearing to 13.1%, yet Strait of Hormuz losses of 210 kboe/d now shape the second-half production story.

byVenkatesh

July 24, 2026