The clean energy share is currently 11.38 per cent of Dubai’s energy mix, and will reach 13.3 per cent in Q1 2022
Oil has rallied more than 10 per cent so far this year
Its exhibition season will kick off with Intersec which will be followed by other key events including Gulfood and World Art Dubai
The joint ‘Infra Initiative’ aims to incentivise more private sector investments and mobilise funding for utility projects
Oil has roared higher in the opening days of the new year as concerns about the pandemic, especially the impact of the omicron variant, have eased off
It undertook a number of development projects and network improvements worth over Dhs480.8m in 2021
These stations are mainly spread across Mohammed bin Rashid Gardens, Airport City, Wadi Al Safa, and Al Yafra 2
Movements in the price of oil are felt more keenly and quickly than any other commodity
It marked a 107 per cent year-on-year rise over the $182m it received in 2020
On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day
Masdar is focused on developing renewable energy projects across the Middle East and North Africa and broader international markets
The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December
The contract was awarded by ADNOC Offshore to National Petroleum Construction Company following a tender process
Our plan has been to lead as an example in the energy sector on how a retail energy service provider can showcase advances in the sustainable use of energies
On Tuesday, OPEC+ agreed to hike output by 400,000 barrels per day
Haitham al-Ghais – whose three-decade oil industry career includes stints in Beijing and London – will become the group’s secretary-general in August
It sees a surplus of 1.4 million barrels a day in the first three months of 2022
The 23-nation alliance is likely to proceed with another modest monthly hike of 400,000 barrels a day as it restores production halted during the pandemic
Gulf Arab energy firms borrowed $30.5bn in 2021, the highest level in at least 25 years
Georgia, which primarily relies on hydropower for electricity generation, is looking to enhance its energy security and diversify its energy mix
Dana Gas has invested over $2bn since first entering Egypt in 2007
The project is expected to reduce the carbon footprint of ADNOC’s offshore operations by more than 30 per cent
Qatar will invest $112m in Rolls-Royce SMR, the separate unit created for the project
Oil’s drop this week has eaten into a partial recovery from a bear market at the end of November
The discoveries of up to 1 billion barrels of oil equivalent have been made at an exploration well in Onshore Block 4 concession
Companies sign Memorandum of Understanding to jointly boost innovation and AI commercialisation to support oil and gas organisations in the UAE
While oil has soared about 45 per cent this year, it slumped more than 10 per cent on November 26, the day after Thanksgiving
“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” he said
Dubai aims to become a carbon-neutral economy by 2050
The government said last month it wants to sell shares in 10 companies, and it has been encouraging private and family-owned businesses to follow suit