The offer price of Dhs2.30 per share remains unchanged
Benchmark Brent crude is currently trading around $75 a barrel, up 45 per cent this year
The $1.2bn IPO by ACWA Power International had initial demand amounting to several billion dollars
Only by deploying efficient solutions can the world address both the climate crisis and the growing demand for energy and other services
The UAE was looking at sectors including defense, energy and food security
Unit 2 will add a further 1,400MW of clean electricity to the grid when at full capacity
The solar carport covers an area of 7,209 sqm and will produce 1.7 GWh of clean energy annually, offsetting more than 1,205 metric tons of carbon emission
ADNOC Drilling is expected to list on the ADX on or around October 3, 2021
Renewables are on track to overtake fossil fuels as the world’s largest source of electricity within five years
ADNOC Drilling is the largest national drilling company in the Middle East by rig fleet size
Carbon accounting isn’t as rigorous without strong regulations, writes Bloomberg columnist Akshat Rathi
In a first, Pakistani companies will invest in and explore for oil and gas in an Abu Dhabi concession
Price for diesel was reduced to Dhs2.38 per litre from Dhs2.45 in August
The company will migrate from the current SAP business suite to S/4HANA on SAP cloud as part of the digital transformation
The announcement comes within five months of the start of commercial operations of Unit 1
By 2030, Uzbekistan aims to deploy 5GW of solar and 3GW of wind power capacity, meeting 25 per cent of its electricity needs
Oil’s red-hot rally over the first half of the year has been interrupted by delta
The contracted services are to be primarily carried out in the UAE
Asia is set to send excess diesel supplies to Europe and possibly to the US as the delta variant dents demand
The inclusion is expected to attract more foreign investors into ADNOC Distribution shares
The fuel crisis has exacerbated power blackouts and resulted in miles-long lines at gasoline stations
The appetite for liquefied natural gas is expected to grow by 3.4 per cent a year through 2035, outpacing other fossil fuels
Oil’s impressive first-half rally has lost momentum in July and August
Blue ammonia is made from hydrogen, a gas seen as key to the global energy transition
It is the first stage of the 900MW fifth phase that uses solar photovoltaic bifacial technologies with Single Axis Tracking to increase energy production
The delta variant has spurred fresh curbs on mobility in many nations including China, harming energy consumption
The investment will expand the capacity of ADNOC’s Al Nouf field from 160,000 barrels per day (bpd) to 175,000 bpd by 2024
A transaction would boost Aramco’s sales of crude to India
Al Qubaisi reportedly has over 15 years of diversified experience in the investments and energy sectors
The plant will start producing power in second half of 2022