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

oil price

Saudi Arabia, Russia extend oil cuts until December, crude jumps to highest level in 2023

Oil prices rose above $90 a barrel for the first time in 2023 on the back of the announcements made by Saudi Arabia and Russia

Mubadala Capital and Petrobas sign Mou on biofuel project Image WAM

Mubadala Capital, Petrobras to collaborate on biofuel project in Brazil

Petrobras is looking at investing in a biofuel project currently being developed by Mubadala Capital in the State of Bahia, Brazil

Marco Arcelli of ACWA Power which signed deals with 6 Italina entities to promote clean energy imag ACWA Power

Clean energy: Saudi’s ACWA Power signs key agreements with these European entities

ACWA Power signed the strategic cooperation agreements at the Saudi-Italian Investment Forum held in Milan on September 4

Red Sea shipping

Saudi crude oil exports plummet as OPEC giant slashes production

Since July, the kingdom has pledged to implement a unilateral production cut of one million barrels a day on top of existing curbs

oil imports

India’s crude oil imports from Saudi Arabia surges

The world’s third largest oil importer has increased its purchase of oil from Saudi Arabia

UAE announces petrol, diesel prices for September 2023

UAE announces petrol, diesel prices for September 2023

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

DEWA files patent for advanced battery performance

DEWA’s R&D Centre files new patent for advanced battery performance

The innovation is part of the company’s efforts to promote the technologies of energy production and storage

Renewable Power Cost is impact fossil fuel prices shows IRENA report Image IRENA

This power source saved $520bn in fuel costs globally in 2022, reveals report

Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity

UN declares IRENA's founding date as International Day for Clean Energy Image courtesy WAM

UN proclaims IRENA founding date as International Day of Clean Energy

This move acknowledges IRENA’s leading role in accelerating the global, renewables-based energy transition

Fukushima Daiichi nuclear plant

The science behind Japan’s plan to empty Fukushima’s nuclear wastewater into Pacific

Japan’s Prime Minister Fumio Kishida confirmed the process will start on August 24 after a meeting of a cabinet panel

Diesel prices at a gas station at dusk.

Fuel update: Diesel inventories could get dangerously low in coming months

The current crunch highlights a dilemma that nations have in phasing out oil refineries as they try to transition away from fossil fuels

ADNOC Gas signs multi-million dollar LNG supply deal with Japex

ADNOC Gas signs multi-million dollar LNG supply deal with Japex

The LNG supply deal is valued at between $450m to $550m and builds on the bilateral relationship between the UAE and Japan

Saudi arabia investment law

Energy Capital announces first close of $150m fund

The fund aims to play a pivotal role in helping achieve the ambitious industrial development agenda of Saudi Arabia as it transforms its economy