Exxon mobil

Exxon leads in top US oilfield with $60bn buy of shale rival Pioneer

The deal combines the largest US oil company with one of the most successful names to emerge from the shale revolution

kuwait

Kuwait seeks to boost oil production, pushes on with Durra gas field

Oil Minister Saad Al Barrak said the state firm aimed for net zero carbon emissions by 2050

Masdar, MIDA to develop energy projects in Malaysia

Masdar to develop 10GW renewable energy projects in Malaysia

The partnership marks an important milestone in the pursuit of a sustainable and greener future for Malaysia

coal mine

Coal industry faces 1 million job losses from global energy transition: Report

Hundreds of coal mines are expected to close in the coming decades as countries transition to low-carbon energy sources

Abu Dhabi’s oil champion ADNOC bets on global expansion

Insights: Abu Dhabi’s oil champion ADNOC bets on global expansion

The company’s board brought forward to 2027 plans to up production capacity to five million barrels per day and approved a capital spending of $150bn

Israel crisis hits oil prices

Oil prices jump as Israel-Palestine crisis rattles markets

The eruption of the Israel-Palestine crisis threatens to derail US efforts to broker a rapprochement between regional powers

DEWA’s COP28 stand to focus on sustainability

DEWA’s COP28 stand to showcase sustainability projects

The stand will be located in the Green Zone and it will highlight the company’s efforts in energy, water and renewables

Exxon mobil

Exxon Mobil’s megadeal in Permian Basin to test climate-aware shareholders

The deal puts focus on the Permian and signals Exxon is sticking to its fundamental business

ADNOC awards multibillion gas expansion contracts

UAE’s ADNOC awards multibillion gas expansion contracts

The company is increasing gas production as consumers around the world look to switch from crude and coal toward cleaner burning fuel

UAE unveils first wind power plants ahead of COP28

UAE inaugurates first wind power plants ahead of COP28

The clean energy project is expected to power more than 23,000 homes a year and displace 120,000 tonnes of carbon dioxide

ADNOC Distribution to use biofuel for its UAE vehicle fleet

ADNOC Distribution to use biofuel to power its UAE vehicle fleet

The company’s fleet plays a crucial role in supplying fuels and liquefied petroleum gas to corporate customers

oil

OPEC+ panel holds oil policy steady as Saudi Arabia, Russia keep cuts

Saudi Arabia, Russia will continue with their respective production cuts in a bid to “balance the global oil market”

Qatar foundation stone laid for North Field Expansion Project Image courtesy QatarEnergy

Qatar begins work on major gas field expansion project

Along with LNG, the North Field expansion project will produce 6,500 tonnes per day of ethane gas, which will be used as feedstock in petrochemical industries

ADNOC, Occidental to build DAC facility in UAE

ADNOC, Occidental to advance direct air capture project in UAE

The energy firm is testing the world’s first fully sequestered CO2 injection well in a carbonate saline aquifer in Abu Dhabi

Masdar enters Tajikistan market with plans to explore 500mw clean energy projects Image WAM

Masdar enters Tajikistan through JV, eyes 500MW clean energy projects

MW Energy, a joint venture between Masdar and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources to explore the development of the projects

ADNOC Gas awards 615m contract for carbon capture projects

ADNOC awards Petrofac $615m carbon capture projects contract

The engineering, procurement and construction contract was awarded to Petrofac Emirates

UAE energy transition

UAE plans to generate 19.8 gigawatts of clean energy by 2030: Al Mazrouei

The energy transition will see UAE aiming to become a leading producer and supplier of low-carbon hydrogen as well

Abu Dhabi to host ADIPEC 2023 from Oct 2-5 Image courtesy WAM

ADIPEC 2023: Biggest-ever edition opens in Abu Dhabi on Oct 2

ADIPEC 2023 is expected to attract more than 160,000 attendees from 164 countries

UAE announces fuel prices for October 2023

UAE announces petrol, diesel prices for October

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 3 fils per litre in October

Aramco acquires stake in EIG’s MidOcean Energy

Aramco enters global LNG market with stake in MidOcean Energy

The energy firm has the option to increase its shareholding and associated rights in the future

UAE to announce petrol prices for October soon

UAE to announce petrol, diesel prices for October; will rates decrease?

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 28 fils per litre in September

ADES Holding announces share price on IPO Image courtesy Ades Group

PIF-backed ADES Holding gets $76.5bn in orders for Riyadh IPO

ADES set the final offer price for the offering at SAR13.50 per share, implying a market capitalisation of SAR15.2bn at listing

iLNG supply

Qatargas rebrands to QatarEnergy LNG

The name change reflects QatarEnergy’s continued commitment to LNG as a critical source of energy for decades to come

ACWA Power Chairman Mohammad Abunayyan

Saudi’s ACWA Power inks clean energy deals with Chinese firms

In the past, the energy company has partnered successfully with Chinese companies in installing the largest wind turbine in Central Asia among other projects

UAE among top users of solar energy in the world Image courtesy WAM

UAE is among top nations for solar energy use, reveals report

The UAE has three of the world’s largest solar sites

ENEC CEO speaks at nuclear symposium Image ENEC X

Nuclear energy to supercharge global clean energy transition: ENEC CEO

ENEC’s CEO highlighted how nuclear can sustainably power energy intensive industries such as datacenters, which utilise 4-5 per cent of total global power supply

ADNOC Gas signs multimillion LNG supply deal with PetroChina

ADNOC Gas signs multimillion LNG supply deal with PetroChina

The deal follows several significant international LNG sales agreements, including India Oil Corporation

Masdar and Africa50 MoU Image Masdar

Masdar, Africa50 align efforts to hasten clean energy transition across Africa

Africa50 and Masdar will also explore opportunities to collaborate on the implementation of the Alliance for Green Infrastructure in Africa

ADNOC Group to invest in Habshan carbon capture

UAE’s ADNOC Group to invest in Habshan carbon capture

The project will triple the company’s carbon capture capacity to 2.3 million tonnes per annum

Mohammed bin Rashid witnesses signing of agreement between Masdar and DEWA Image DEWA

Masdar, DEWA ink deal to deliver 6th phase of world’s largest single-site solar park project

The sixth phase of the project, set to be operational in stages starting from Q4 2024, will power over half a million residences while reducing carbon emissions by 2.36 million tonnes annually