#energy

Masdar City Abu Dhabi

New tech in Abu Dhabi will extract commercial quantities of water from air

The project will be run by Aquovum, in partnership with Masdar and Khalifa University of Science and Technology

GCC’s energy space: What does the future hold?

Stakeholders across local and regional countries are keen to pursue sustainable fuels

Dubai Electricity and Water Authority

DEWA commissions 3 new substations in Dubai at an investment of Dhs430m

The substations supply Al Barsha 1, Mirdif, and Wadi Al Safa 2

Oil

Oil renews decline as US inventories expand, delta spreads

The American Petroleum Institute was said to report an 806,000 barrel gain in US crude inventories

Brent oil steadies near 8-week low after market selloff on Covid-19 resurgence

Oil has run into stiff headwinds in July after rising in seven of the past eight months

OPEC+ to meet on Sunday to discuss oil output deal

If there is a deal on Sunday, it is unclear how quickly additional supplies can be delivered to the market

OPEC+ yet to reach an agreement on oil output deal – UAE

The UAE’s energy ministry issued a statement acknowledging that talks are underway

Kuwait opens first permanent LNG facility as it looks to boost gas imports

The Al Zour LNG terminal received its first cargo of gas, from Qatar, on Monday

Oil touches highest level since Oct 2018 on warning about supply crunch

Oil has rallied more than 50 per cent this year as the vaccine rollout boosts demand in key economies

Abu Dhabi’s ADNOC joins global Hydrogen Council  

The council is a coalition of companies from over 20 countries pioneering hydrogen solutions

Saudi Aramco is said to pick JPMorgan, Goldman for gas pipeline deal

The state energy giant is preparing to gauge interest in the assets from potential investors

Saudi sets upper limit for gasoline prices as oil prices climb

The decision was made to “decrease the burden of living costs on citizens and residents”

Masdar and Germany’s Uniper to build green hydrogen plant in UAE

Abu Dhabi’s Masdar wins contract for 200MW solar power project in Armenia

The plant, spanning over 500 hectares, will be located in the Talin and Dashtadem communities of Armenia

Stuart Gulliver Aramco

Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board

Gulliver replaces Sir Mark Moody-Stuart, who had been on the board since 2007

ADNOC Reliance

ADNOC and Reliance sign agreement for chemical project in Abu Dhabi

The integrated plant will produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually

UAE eyes first net zero by 2050 goal among major petrostates

The UAE is now bidding to host the UN’s global climate talks in 2023

Dubai Electricity and Water Authority DEWA

DEWA’s desalinated water production at Jebel Ali increases to 490m imperial gallons daily

The increased production is a result of adding new units which use Sea Water Reverse Osmosis technology at DEWA’s Jebel Ali Power Plant and Desalination Complex

ENOC Link Expo 2020 Dubai

ENOC Link to provide over 1 million litres of fuel to Expo 2020 Dubai fleet

Earlier this year, ENOC launched its Service Station of the Future at the Expo 2020 Dubai site

Why clean energy’s corporate patrons are buying less this year?

Dubai to get 600MW additional clean energy this year

Clean energy is expected to account for 12 per cent of Dubai’s overall production by the end of 2021

Dubai UAE Solar energy

Dubai’s electricity capacity reaches 12,900MW

The electricity production capacity will further increase to 13,200MW with the commissioning of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park

Abu Dhabi solar car park

Abu Dhabi’s largest solar-powered car park to open at international airport

The energy generated will be used to power the car parking facility, with excess energy fed to other sections of the Abu Dhabi International Airport

petrol fuel prices

UAE raises petrol prices for June 2021

This is the fourth consecutive month that fuel prices have increased within the country

DEWA to provide free charging to non-commercial electric vehicles in Dubai under new initiative

As of February 2021, the number of electric cars in Dubai has increased to 2,473

Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27

The fuel retailer will now be among nine UAE-listed companies to be part of the index

Saudi Aramco’s profit soars in Q1 as crude prices rise

Brent crude has gained over 30 per cent this year to top $68 a barrel

Saudi Crown Prince discusses Vision 2030, reveals plan to sell Aramco stake to energy firm

The kingdom has no plans to introduce an income tax, Prince Mohammed confirmed

Aramco said to review upstream assets for potential stake sales

The company reshuffled its senior management last year and created a division focused on portfolio optimisation

Saadiyat

Abu Dhabi issues first district cooling licence to Saadiyat Cooling

The licence was issued to provide services to Saadiyat Island, including Saadiyat Beach, and Saadiyat Cultural District

UAE’s ADNOC keen to explore hydrogen market with India’s public, private sectors

Dr. Al Jaber said the UAE is well placed to capitalise on the potential of Hydrogen as a zero-carbon fuel

Dubai’s ENOC Group opens two new service stations in Sharjah

There are now seven ENOC service stations in Sharjah