TAQA’s Board of Directors also declared an interim cash dividend of Dhs675m
OPEC expects that it will need to pump an average of 28.92 million barrels a day of crude to satisfy demand during the fourth quarter
Construction of the $5bn plant in the north-west of the kingdom has started
The company’s non-fuel transactions increased by 18 per cent during the period
Oil has lost about a third of its value since early June on concerns over a global economic slowdown and aggressive monetary tightening by central banks
Abu Dhabi-based Masdar is leading a consortium that will build a 10-gigawatt wind plant in Egypt
With an aim to establish a first-of-its-kind manufacturing unit in Dubai, the agreement is part of the emirate’s strategy to become a sustainable global hub for green economy
Additional drilling operations are scheduled to be conducted during the next two years
The DoE’s regulatory framework is the first legally binding clean and renewable energy target in the Middle East for the electricity sector
Brent rose to a two-month high of $99.56 a barrel on Monday, before paring gains
The Middle East Green Initiative was launched by the Crown Prince last year as part of efforts to reduce regional carbon emissions
Kuwaiti foreign minister Sheikh Salem Abdullah Al-Jaber Al-Sabah said that the country executed many projects to preserve the environment and reduce emissions
Prompted by the Paris Agreement, scientists in 2018 published a major report finding that an additional half-degree Celsius of warming considerably upped the odds of harsher climate impacts
Infinity Power’s 6 MWp solar photovoltaic plant can provide enough electricity to power more than 5,000 homes a year
Gulf Business spoke to Ahmed Khashan, president, Gulf Countries of Schneider Electric on the company’s role in transforming the energy market both locally and globally
The conference will welcome world leaders, heads of government, and representatives of international bodies and civil societies
Comprising three mini refineries, Al-Zour is the biggest of several oil-processing facilities being added across the Middle East
With more than 2000 speakers and over 40,000 participants, the event will oversee leaders and activists share ideas, solutions and innovative projects for climate action
Advanced biofuels, made from plant-based waste material, can help cut carbon emissions in aviation and maritime sectors
The company’s Q3 2022 revenues increased 52 per cent year-on-year to total $1.32bn
The partnership will play an important role in upskilling the UAE’s technical workforce, as well as driving the development of the engineering and manufacturing knowledge pool
Held under the theme of ‘The future of energy: secure, affordable and sustainable’, ADIPEC brought together global leaders to discuss critical issues around energy security and sustainability
Oil has lost almost a third of its value since early June as concerns over a global economic slowdown filter through the market
The agreements were awarded to ADNOC Drilling Company, Schlumberger Middle East and Halliburton Worldwide Limited Abu Dhabi
The UAE has launched seven strategic hydrogen production projects and is expected to produce 14 to 22 million tonnes annually by 2050
The two nations will collaborate to advance their net-zero goals and provide funding for sustainable energy projects in emerging economies
Aramco’s net income was $41.6bn in the third quarter, slightly above analysts’ expectations
Both companies will examine short and longer term LNG supply and trading optimisation opportunities
On October 5, the Organization of Petroleum Exporting Countries and its partners announced they would lower their output targets from November
The price of Super 98 has been increased to Dhs3.32 per litre