WGES is organised by DEWA, the World Green Economy Organization and the Dubai Supreme Council of Energy
The agreements will see Mubadala and Taqa each acquire a 40 per cent stake in two gas-fired power plants in Uzbekistan
The agreement will see ADNOC supply DUSUP with natural gas, which will be used instead of clean coal for electricity generation at DEWA’s IPP
Natural gas prices in Europe and Asia are trading at a record high for this time of year
Oil has made a weak start to September, extending a run of three monthly losses
Mubadala Energy will expand across the gas value chain, while exploring investment opportunities in new energy sectors such as blue hydrogen and carbon capture
After the completion of the sale, the share of renewables in Sembcorp’s total energy capacity will rise to 51 per cent from 43 per cent
West Texas Intermediate traded near $89 a barrel in early Asian trade, 2.4 per cent higher than Friday’s close
The contract will increase Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic feet per day
The cargo will be delivered to Aurubis, a Hamburg-headquartered provider of non-ferrous metals and one of the largest copper recyclers worldwide
Qatar aims to develop its carbon capture and storage facilities so that it can sequester as much as 11 million tons of carbon dioxide a year by 2035
The price of Super 98 has been eased to Dhs3.41 per litre
The framework agreements, the largest of such awards in the oil and gas industry, cover ADNOC’s onshore and offshore fields and will run for five years
Commodities including oil have also faced a headwind this month from gains in the dollar
The institute joins other key organisations based in Masdar City, including the International Renewable Energy Agency, Mohammed Bin Zayed University for Artificial Intelligence and Emirates Nuclear Energy Company
The $3.5bn project will use renewable energy sources and produce 500,000 tons of green ammonia from 100,000 tons of green hydrogen annually
The Organization of Petroleum Exporting Countries and its allies convene on September 5
The total overseas investments amount to $23.2bn and its overseas equity capital is approximately $65bn
Crude prices are on course for a third consecutive monthly drop in what would be the longest losing run in more than two years
The company has bought a total of four premium offshore jack-up rigs this year
Crude is heading for a weekly gain as signs of a tightening supply outlook offset concerns over an economic slowdown
The country’s top trading partner during June was China with exports reaching SAR21bn riyals
These plants are to be built in Mesaieed Industrial City and Ras Laffan Industrial City
The DoE expects to report on the outcomes of the policy and regulatory framework before the end of the year
A stronger dollar has also added to headwinds for commodities
The projects initiated will support Uzbekistan’s aim to diversify its energy mix, as it targets 8 GW and 12 GW of solar and wind capacity by 2026 and 2030, respectively
Three opportunities stand out, including harnessing high public spending, leveraging huge SWFs and capitalising on the strength of state-owned enterprises
The OPEC chief remains confident that world oil demand will increase by almost 3 million barrels a day this year
Oil is still up around 20 per cent this year and the surge in energy prices over the first half have underpinned record earnings for producers
Aramco posted a 90 per cent year-on-year increase in net income in Q2 2022 to 48.4bn and declared a dividend of $18.8bn to be paid in Q3