West Texas Intermediate futures traded near $86 a barrel after sliding almost 4 per cent on Friday
Siraj Energy was established to finance, build, operate and maintain solar power facilities
The company will build about nine gigawatts of solar power and phase out roughly seven GW of conventional gas plants in this decade
Over 80 per cent of the contract value will flow back into the country’s economy under ADNOC’s In-Country Value programme
Siemens Energy will receive support to set up its Middle East Innovation Centre in Abu Dhabi, as part of the ADIO Dhs2bn Innovation Programme
ENOC Marine Lubricants will supply its Strata product range across all the ports in Nigeria
Over 80 per cent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme
The two entities will conduct periodic exercises for the energy sector to build its readiness to respond to cyber incidents
Unit 3 will add another 1,400 megawatts of zero-carbon emission electricity capacity to the national grid
ENGIE Solutions aims to support the UAE’s transition to using new means of energy sources and mobility
The analysis shows that climate policy wouldn’t stoke wage-price spirals and wouldn’t complicate the job of central banks
It’s the biggest reduction by the Organization of Petroleum Exporting Countries and its allies since 2020
RAK Energy Summit saw participation of UAE Ministry of Climate Change and Environment, IRENA, UN Industrial Development Organization
Analysts say there’s only about 2 million barrels a day of capacity that could be brought online quickly should there be a supply shutdowns
Oil slumped 25 per cent last quarter as central banks including the Federal Reserve raised rates aggressively to combat runaway inflation
The price of Super 98 has been reduced to Dhs3.03 per litre
Abraj Energy was created in 2006 and owns about 20 land rigs
Oil prices have slumped by a fifth since early August on fears over the global economy
The summit discussed topics related to the skill development of youth in global climate policies, ways to empower them and the role of the government in supporting them
Arabian Drilling plans to use the IPO proceeds to scale up its onshore and offshore fleet and expand operations in the GCC region
The partnership was announced following the signing of the Energy Security, Climate Action and Industry Accelerator Growth Pact between the UAE and Germany
The exhibition is an integrated platform for organisations in the water, energy and environment sectors to learn about the latest technologies, solutions and developments
West Texas Intermediate was steady below $77 a barrel after sinking more than 8 per cent over the previous two sessions
The project will raise Qatar’s liquefied natural gas capacity to 126 million tons
The two new rigs will join the ADNOC Drilling fleet and commence operations by the end of the year
The project will enhance energy efficiency across a range of Aldar hotels, schools, commercial, leisure, retail and residential buildings
The agreement will accelerate projects of joint interest in areas of energy security, decarbonisation and climate action
The National Hydrogen Strategy will help inform the UAE’s policy decisions regarding energy-mix diversification strategies and net-zero targets by 2050
The new agreement will see ENEC and CSFN focus on the future enhancement of a local supply chain for the UAE Peaceful Nuclear Energy Programme and the Barakah Nuclear Energy Plant
The project is expected to reduce the carbon footprint of ADNOC’s offshore operations by more than 30 per cent