Trending News: Oil Pares Gains as Traders Weigh Oman-Iran TalksTrump Extends Jones Act Waiver for 90 Days, Narrows ScopePhillips 66, Kinder Morgan, HF Sinclair Approve Western Gateway Pipeline ProjectVenture Global Misses Quarterly Estimates as Lower LNG prices, Higher Costs WeighNOAA Reveals Latest Atlantic Hurricane Season PredictionVenture Global records $1.3bn quarterly profitEgypt and Libya Near $1 Billion Oil Pipeline DealBofA: Hormuz Needs 10 Times More Ships to Stabilize Oil MarketsOil Prices Climb as U.S.-Iran Peace Hopes FadeLibya Weighs Force Majeure After Drone Attacks on Zawiya Oil HubGlobal Gas Turbine Orders Hit Record High as Power Demand SurgesChina’s Teapot Refiners Poised to Ramp Up Iranian Oil BuyingHormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall AgainUniper Profits Surge as Germany Prepares to Sell Energy GiantCardinal announces ‘world’s first’ float glass carbon capture system in WashingtonUK regulator seeks views on Vivisol acquisition of Air Liquide’s home oxygen businessLONGi to Supply Hi-MO 9 Modules for Innovo Renewables’ 71 MWp Solar Portfolio in ItalyRobotics next in line to face electricity scrutinyAdnoc Gas awards $8.2bn in EPC contractsGreen Energy Stocks Show Mixed Performance As Indian Markets Decline On August 11KEC International Reports INR 5,024 Crore Revenue in Q1 FY27, Order Book and L1 Position Exceed INR 40,000 CrorePhilippines Breaks Ground On First 41 MWp Integrated Solar And 53 MWh Battery Storage Project In PampangaLloyds Metals Approves Solar And Wind Investments Under Group Captive SchemeTUI Cruises scales up bioLNG use for vessels in EuropeTrump’s Low-Key Pivot Leaves Hormuz Oil in LimboDiesel Prices Surge on Tightening Global SupplyTrump Says the US Has Swept Strait of Hormuz for MinesOil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983US Natgas Prices Climb 4% as LNG Export Flows Hit One-Month HighAI’s Volatile Power Demand Is Damaging Its Own Data CentersOil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983Russia Rebuilds Nuclear Workforce at Iran’s Bushehr PlantLatest MAST Upgrade experiments achieve milestonesContainment of first Egyptian unit takes shapeUS, EU bodies report on nuclear fuel market situationOil Edges Higher as Iran Tempers Hopes of Swift Hormuz ReopeningDATA CENTER PAUSE FALLOUT: Hundreds of Millions in Grid Deposits Linger in Uncertainty Following Texas Data Center PauseCOMMENTARY: Trump Is Aiding a Golden Age for Renewable EnergyTHE INHERITANCE: New ConocoPhillips CEO Inherits $7 Billion Cash Flow Pledge Riding on Alaska Oil ProjectUS Natgas Prices Climb 4% as LNG Export Flows Hit One-Month HighHungary’s Nuclear Power Returns as Rain Lifts Danube Water LevelsKazakhstan Weighs New Routes as Drone Strikes Squeeze Black Sea Oil ExportsHeat Waves Could Cost the EU 1% of GDP, Dutch Bank SaysU.S. Bets $400 Million on Australian Scandium Miner to Break China’s GripIndian Refiners Cut LPG Losses in AugustWhich USA Oil Major Produced the Most in 2Q 2026?Analysis: Why every IG major is betting on electronicsBiomethane financing and capacity on the rise in ItalyCiti Lifts Brent Outlook but Still Sees Oil Falling in 2027Iran Says Hormuz Stays Closed Until U.S. Meets Six Sweeping DemandsOil Prices Rise as Iran Hardens Hormuz DemandsHormuz Tensions Surge After Reports of Another Tanker StrikeADNOC Gas Unveils $8.2 Billion Expansion PushUkrainian Drone Strike Kills 12 in Major Attack on Russian Refining HubIndia Daily: India Crosses 300 GW Clean Energy, SECI Floats 922.6 kW Solar Bid, CREDA Floats ₹100 Cr Solar Tender, Torrent Gets 250 MW FDRE Approval, Gujarat BESS Seeks 180 MW Extension and More…Juniper Green Energy Wins 230 MW in SECI’s 1 GW FDRE Round-the-Clock Renewable Energy TenderCan ExxonMobil’s CO2 superhighway join decarbonisation dots?Saudi Arabia Begins Commercial Operation Of 1.1 GW Al Henakiyah Solar PlantNeoenergia Brasília to Invest R$3.1 Billion in Federal District Power Network Through 2030Europe Weekly: OX2 Acquires 200 MW/800 MWh BESS, Centrica Signs 99 MW BESS Deal, SPEN Accelerates 30 MW BESS, Zelestra Powers Tesla with 57 MWac, ENGIE, Legrand Sign 24/7 Deal and More…GIZ Invites Bids For Eight Solar-Powered Agro-Processing Systems In UgandaQuality Power Reports 32.1% YoY Revenue Growth in Q1 FY2027, Adjusted PAT Rises 46.9%Helium Outlook Report – Q2 2026Helium Outlook Report – Q2 2026NTPC Green Energy Wins 200 MW/800 MWh BESS Project In West BengalReliability and opportunity in food and beverage supply chainsAnalysis: UK CO2 security – the diversification debate?Analysis: UK CO2 security – the diversification debate?IWDC appoints new Vice-President of Gas ProgrammesUK Rooftop Solar PV Fires Highlight the Need for Stronger Lifecycle SafetyHPERC Proposes Zonal Consumer Grievance Forums to Improve Efficiency and Reduce Costs In Himacha PradeshGujarat BESS Seeks SCOD Extension, Liquidated Damages Waiver For 180 MW/360 MWh ProjectGERC Approves INR 4.87/kWh Tariff For Torrent Power’s 250 MW FDRE Procurement In GujaratSECI Invites Bids For 922.635 kW Grid-Connected Rooftop Solar Projects Across IndiaGOBARdhan Could Catalyse More Than ₹50,000 Crore in CBG Investment by 2030Iran Says Oman Deal is in ‘Final Stages’ But US Must Act to Open Hormuz Norway’s $2.3-Trillion Fund Opposes SEC Idea to Rescind Climate ReportingDEWA Commissions 793 New 11kV Substations Across Dubai In H1 2026Waaree Renewable Technologies Secures 124 MWp Solar EPC OrderIndia Crosses 300 GW Non-Fossil Fuel Capacity, Surpasses 60% Of 2030 TargetCREDA Floats INR 100 Crore Tender For 1,000 Off-Grid Solar Power Plants In ChhattisgarhLevanta Renewables Begins Construction of 166 MWp Solar-BESS Project in PhilippinesJinkoSolar Unveils the “Sunny 365” Smart Solar-Storage System: An Integrated Solar-Storage AIDC ModelFirst Solar Backs US Section 232 Measures on Polysilicon Imports, Citing Solar Supply Chain SecurityDepartment Of Energy  Streamlines Rules For Zero-Export And Micro-Solar Systems In The PhilippinesLONGi Partners With FC Bayern Munich to Promote Solar Energy and Sustainability Through Global CollaborationFujiyama Commissions 2 GW Power Electronics Manufacturing Facility in Madhya PradeshFirst criticality for Mochovce 4Rosatom staff begin returning to Iran’s Bushehr nuclear plantORNL, Type One partner to advance fusion fuel cycleChangjiang 4 control room commissionedOil Price Uncertainty as Negotiations ContinueADNOC Reports 15 Vessel Attacks as Hormuz Risks MountSembcorp Gets Conditional Approval for 300 MW Malaysia-Singapore Renewable Power Project, with 2.2 GWp Floating Solar and 4.3 GWh BESSDelhi’s Clean Energy Transition: IEEFA-Ember Study Calls for Battery Storage and Rooftop Solar as Demand Rises to 38,482 MUUS Energy Firms Leave Rig Count Unchanged in Latest Week, Baker Hughes SaysUS Senate Passes Sweeping Russia Energy Sanctions, Next Stop US HouseNavgrun Plans 1.2 GW TOPCon G12R Manufacturing Facility, Complementing Existing 700 MW Module Capacity in IndiaLONGi to Supply Hi-MO 9 Modules for 71 MWp Solar Portfolio in ItalyIndia Remains Dependent on Imports for 90% of Oil Demand
Wed. Aug 12th, 2026
Trending News: Oil Pares Gains as Traders Weigh Oman-Iran TalksTrump Extends Jones Act Waiver for 90 Days, Narrows ScopePhillips 66, Kinder Morgan, HF Sinclair Approve Western Gateway Pipeline ProjectVenture Global Misses Quarterly Estimates as Lower LNG prices, Higher Costs WeighNOAA Reveals Latest Atlantic Hurricane Season PredictionVenture Global records $1.3bn quarterly profitEgypt and Libya Near $1 Billion Oil Pipeline DealBofA: Hormuz Needs 10 Times More Ships to Stabilize Oil MarketsOil Prices Climb as U.S.-Iran Peace Hopes FadeLibya Weighs Force Majeure After Drone Attacks on Zawiya Oil HubGlobal Gas Turbine Orders Hit Record High as Power Demand SurgesChina’s Teapot Refiners Poised to Ramp Up Iranian Oil BuyingHormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall AgainUniper Profits Surge as Germany Prepares to Sell Energy GiantCardinal announces ‘world’s first’ float glass carbon capture system in WashingtonUK regulator seeks views on Vivisol acquisition of Air Liquide’s home oxygen businessLONGi to Supply Hi-MO 9 Modules for Innovo Renewables’ 71 MWp Solar Portfolio in ItalyRobotics next in line to face electricity scrutinyAdnoc Gas awards $8.2bn in EPC contractsGreen Energy Stocks Show Mixed Performance As Indian Markets Decline On August 11KEC International Reports INR 5,024 Crore Revenue in Q1 FY27, Order Book and L1 Position Exceed INR 40,000 CrorePhilippines Breaks Ground On First 41 MWp Integrated Solar And 53 MWh Battery Storage Project In PampangaLloyds Metals Approves Solar And Wind Investments Under Group Captive SchemeTUI Cruises scales up bioLNG use for vessels in EuropeTrump’s Low-Key Pivot Leaves Hormuz Oil in LimboDiesel Prices Surge on Tightening Global SupplyTrump Says the US Has Swept Strait of Hormuz for MinesOil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983US Natgas Prices Climb 4% as LNG Export Flows Hit One-Month HighAI’s Volatile Power Demand Is Damaging Its Own Data CentersOil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983Russia Rebuilds Nuclear Workforce at Iran’s Bushehr PlantLatest MAST Upgrade experiments achieve milestonesContainment of first Egyptian unit takes shapeUS, EU bodies report on nuclear fuel market situationOil Edges Higher as Iran Tempers Hopes of Swift Hormuz ReopeningDATA CENTER PAUSE FALLOUT: Hundreds of Millions in Grid Deposits Linger in Uncertainty Following Texas Data Center PauseCOMMENTARY: Trump Is Aiding a Golden Age for Renewable EnergyTHE INHERITANCE: New ConocoPhillips CEO Inherits $7 Billion Cash Flow Pledge Riding on Alaska Oil ProjectUS Natgas Prices Climb 4% as LNG Export Flows Hit One-Month HighHungary’s Nuclear Power Returns as Rain Lifts Danube Water LevelsKazakhstan Weighs New Routes as Drone Strikes Squeeze Black Sea Oil ExportsHeat Waves Could Cost the EU 1% of GDP, Dutch Bank SaysU.S. Bets $400 Million on Australian Scandium Miner to Break China’s GripIndian Refiners Cut LPG Losses in AugustWhich USA Oil Major Produced the Most in 2Q 2026?Analysis: Why every IG major is betting on electronicsBiomethane financing and capacity on the rise in ItalyCiti Lifts Brent Outlook but Still Sees Oil Falling in 2027Iran Says Hormuz Stays Closed Until U.S. Meets Six Sweeping DemandsOil Prices Rise as Iran Hardens Hormuz DemandsHormuz Tensions Surge After Reports of Another Tanker StrikeADNOC Gas Unveils $8.2 Billion Expansion PushUkrainian Drone Strike Kills 12 in Major Attack on Russian Refining HubIndia Daily: India Crosses 300 GW Clean Energy, SECI Floats 922.6 kW Solar Bid, CREDA Floats ₹100 Cr Solar Tender, Torrent Gets 250 MW FDRE Approval, Gujarat BESS Seeks 180 MW Extension and More…Juniper Green Energy Wins 230 MW in SECI’s 1 GW FDRE Round-the-Clock Renewable Energy TenderCan ExxonMobil’s CO2 superhighway join decarbonisation dots?Saudi Arabia Begins Commercial Operation Of 1.1 GW Al Henakiyah Solar PlantNeoenergia Brasília to Invest R$3.1 Billion in Federal District Power Network Through 2030Europe Weekly: OX2 Acquires 200 MW/800 MWh BESS, Centrica Signs 99 MW BESS Deal, SPEN Accelerates 30 MW BESS, Zelestra Powers Tesla with 57 MWac, ENGIE, Legrand Sign 24/7 Deal and More…GIZ Invites Bids For Eight Solar-Powered Agro-Processing Systems In UgandaQuality Power Reports 32.1% YoY Revenue Growth in Q1 FY2027, Adjusted PAT Rises 46.9%Helium Outlook Report – Q2 2026Helium Outlook Report – Q2 2026NTPC Green Energy Wins 200 MW/800 MWh BESS Project In West BengalReliability and opportunity in food and beverage supply chainsAnalysis: UK CO2 security – the diversification debate?Analysis: UK CO2 security – the diversification debate?IWDC appoints new Vice-President of Gas ProgrammesUK Rooftop Solar PV Fires Highlight the Need for Stronger Lifecycle SafetyHPERC Proposes Zonal Consumer Grievance Forums to Improve Efficiency and Reduce Costs In Himacha PradeshGujarat BESS Seeks SCOD Extension, Liquidated Damages Waiver For 180 MW/360 MWh ProjectGERC Approves INR 4.87/kWh Tariff For Torrent Power’s 250 MW FDRE Procurement In GujaratSECI Invites Bids For 922.635 kW Grid-Connected Rooftop Solar Projects Across IndiaGOBARdhan Could Catalyse More Than ₹50,000 Crore in CBG Investment by 2030Iran Says Oman Deal is in ‘Final Stages’ But US Must Act to Open Hormuz Norway’s $2.3-Trillion Fund Opposes SEC Idea to Rescind Climate ReportingDEWA Commissions 793 New 11kV Substations Across Dubai In H1 2026Waaree Renewable Technologies Secures 124 MWp Solar EPC OrderIndia Crosses 300 GW Non-Fossil Fuel Capacity, Surpasses 60% Of 2030 TargetCREDA Floats INR 100 Crore Tender For 1,000 Off-Grid Solar Power Plants In ChhattisgarhLevanta Renewables Begins Construction of 166 MWp Solar-BESS Project in PhilippinesJinkoSolar Unveils the “Sunny 365” Smart Solar-Storage System: An Integrated Solar-Storage AIDC ModelFirst Solar Backs US Section 232 Measures on Polysilicon Imports, Citing Solar Supply Chain SecurityDepartment Of Energy  Streamlines Rules For Zero-Export And Micro-Solar Systems In The PhilippinesLONGi Partners With FC Bayern Munich to Promote Solar Energy and Sustainability Through Global CollaborationFujiyama Commissions 2 GW Power Electronics Manufacturing Facility in Madhya PradeshFirst criticality for Mochovce 4Rosatom staff begin returning to Iran’s Bushehr nuclear plantORNL, Type One partner to advance fusion fuel cycleChangjiang 4 control room commissionedOil Price Uncertainty as Negotiations ContinueADNOC Reports 15 Vessel Attacks as Hormuz Risks MountSembcorp Gets Conditional Approval for 300 MW Malaysia-Singapore Renewable Power Project, with 2.2 GWp Floating Solar and 4.3 GWh BESSDelhi’s Clean Energy Transition: IEEFA-Ember Study Calls for Battery Storage and Rooftop Solar as Demand Rises to 38,482 MUUS Energy Firms Leave Rig Count Unchanged in Latest Week, Baker Hughes SaysUS Senate Passes Sweeping Russia Energy Sanctions, Next Stop US HouseNavgrun Plans 1.2 GW TOPCon G12R Manufacturing Facility, Complementing Existing 700 MW Module Capacity in IndiaLONGi to Supply Hi-MO 9 Modules for 71 MWp Solar Portfolio in ItalyIndia Remains Dependent on Imports for 90% of Oil Demand
Wed. Aug 12th, 2026

NESR Breaks Ground on 180,000 sq m Facility at King Salman Energy Park to Advance Energy Localisation and Innovation

Representational image. Credit: Canva

King Salman Energy City (KSBC) has announced the groundbreaking of a 180,000-square-metre facility by National Energy Services Reunited (NESR) within the King Salman Energy Park (Spark), marking a significant step toward advancing Saudi Arabia’s energy localisation and innovation goals.

According to a KSBC , the project underscores NESR’s commitment to supporting the localisation of the Kingdom’s energy sector, while driving innovation and sustainability in alignment with Saudi Vision 2030.

The facility is set to play a key role in strengthening local capabilities and fostering industrial development in the energy services sector, aligning with broader national objectives of economic diversification and technological advancement.

Established in 2017, NESR is one of the largest national oilfield services companies operating across the Middle East, North Africa, and Asia Pacific regions. It holds the distinction of being the first national energy company from the MENA region to be listed on the Nasdaq.

The development at Spark represents a strategic move in building advanced infrastructure to support energy transformation, creating opportunities for job growth, knowledge transfer, and greater private sector participation in Saudi Arabia’s evolving energy ecosystem.

 

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