The three organisations said the initiative supports Saudi Arabia’s Vision 2030, which seeks to diversify the economy beyond oil by developing downstream industries
ADNOC retains ownership and operational management of the pipelines
Dubai’s premium hit a six-month high of $3.63 a barrel in mid-September
Oil prices fell on Tuesday, as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq’s Kurdistan region
As the peak demand season gradually ends, prices have yet to reflect expectations of mounting oversupply pressures
GE Vernova’s engineers executed the outage at Haveli Bahadur Shah and Balloki power plants in Punjab, Pakistan
The facility has also fostered a highly skilled Emirati-led workforce, with over 2,000 UAE nationals contributing to its development and operations alongside international experts
Yellow Door Energy has also recorded five million person-hours worked during construction and operations without a single recordable incident
IEA projections show global electricity usage from data centres reaching nearly 945 TWh by 2030, and the Middle East is emerging as a hotspot
Brent crude futures for October delivery, which expired on Friday, settled at $68.12 a barrel, down 50 cents, or 0.73 per cent
The project, which consists of two 4.8 mtpa liquefaction trains, will more than double ADNOC Gas’ existing operated LNG production capacity to around 15 mtpa
Drydocks World has previously completed more than 10 major LNG and floating storage regasification Unit (FSRU) conversion projects
The transaction will give TAQA full ownership of GS Inima, which operates about 50 projects including around 30 long-term public-private partnerships
Aramco will receive upfront proceeds of $11bn on completion, highlighting the value creation potential of its ongoing capital investment programme
CFO Youssef Salem shares insights into the operational drivers behind the company’s robust H1 numbers, its ambitious technology roadmap and key goals
The non-fuel retail segment is a key strategic focus, leveraging ADNOC Distribution’s network of over 500 stations in the UAE — more than 65 per cent of the country’s total — far surpassing competitors like ENOC and Emarat
DEWA is powering ahead with investments in solar, hydrogen, hydroelectric, and AI-powered smart grids
The deal forms part of Mubadala Energy’s strategy to expand across the gas value chain while supporting the transition to lower-emission fuels
The eight producers also reiterated their pledge to fully compensate for any overproduction since January 2024
The collaboration also reinforces Egypt’s strategy to emerge as a key player in the global hydrogen economy
The Everllence MEA MD shares the company’s focus on integrating proven technologies into existing operations to optimise efficiency
Global gasoline stocks fell by 2.7 million barrels to 228.4 million barrels, far exceeding forecasts for a 600,000-barrel draw
The report arrives at a pivotal time as organisations seek scalable solutions to meet emissions reduction targets
The deal supports nuclear innovation, UAE-Korea strategic partnership, and global clean energy transition
The partnership aligns with ENEC’s international strategy to export nuclear development expertise gained from the Barakah Nuclear Energy Plant in the UAE
The company confirmed that the cooling services will be delivered using advanced technologies that optimise energy efficiency and minimise carbon emissions
The Platts Global Energy Awards are widely considered among the highest honours in the energy sector
The transfer, which remains subject to regulatory approvals, is in line with ADNOC’s broader push to streamline its international holdings under XRG
Emirates Gas will provide tailored gas solutions, including centralised systems, tank installations, product supply in bulk and cylinders
The acquisition underscores growing investor interest in scalable sustainability solutions as the global property sector faces increasing pressure to cut emissions and modernise energy infrastructure