Acwa To Develop $700mn Mauritania Power Project

Saudi Arabia’s Acwa has finalized an agreement to develop Mauritania’s first large-scale gas-fired independent power producer (IPP) project, with a total investment value of approximately $700mn. On 1 July, Acwa anno...

Halliburton Q2 Profit Rises on Global Growth, Contracts

In the second quarter (Q2) of 2026, Halliburton posted net income of $534 million, up from $461 million last quarter. This growth was driven by a 5.5% sequential increase in revenue to $5.7 billion, an operating margin o...