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
A supply crunch has sent oil and natural gas prices soaring since the pandemic
Unit 3, once commercially operational, will add another 1,400 megawatts of zero-carbon emission electricity capacity to the national grid
Qatar is one of the world’s biggest exporters of liquefied natural gas
West Texas Intermediate traded near $84 a barrel after closing almost 2 per cent lower on Tuesday following a volatile session
Oil and gas investments slumped from $700bn in 2014 to $300bn in 2021, according to Aramco’s chief executive officer, Amin Nasser
Arabian Drilling operates 45 rigs and had revenue of $586m last year
South Korea’s biggest company also aims to switch overseas factories entirely to renewable electricity within five years
ACWA Power owns 51 per cent of the 5 GW Sirdarya combined cycle gas turbine facility, with Silk Road Fund obtaining a 49 per cent stake
Crude futures have tumbled almost 25 per cent over the past three months