#energy

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

Empower

Dubai’s Empower awards contracts worth Dhs217m in Q1 2021

The contracts were awarded primarily for the development of company’s district cooling infrastructure in Dubai

Oman is said to study strategic options for state energy firm OQ

OQ is an integrated energy company with oil and gas exploration and production operations, refineries, a retail network and a large petrochemical business

Masdar Azerbaijan solar power

UAE’s Masdar inks deal for mega solar power project in Azerbaijan

The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership

Dubai’s DME introduces new platform to trade multiple crude grades

Dubai’s DME introduces new platform to trade multiple crude grades

Abu Dhabi summit: Regional leaders pledge to accelerate progress on climate action

A total of 11 countries have signed a group statement to ensure the success of the Paris Agreement

Injazat, Lamprell announce joint venture for digital energy solutions

JV launches with initial funding of $7m split equally between the partners

Dubai Centre for Waste Processing

Dubai to build one of the world’s largest energy-from-waste projects

A consortium of companies will build and operate the Dhs4bn Dubai Centre for Waste Processing

UAE fuel prices

UAE hikes fuel prices for April 2021

It is the second straight month that prices have risen in the UAE

Top UAE power producer joins global peers in renewables push

About 30 per cent of Taqa’s total generation will be made up of solar or wind plants

Abu Dhabi

Abu Dhabi’s Mubadala signs MoU with Snam to explore hydrogen-focused projects

The two entities will carry out technical and economic feasibility studies to explore potential projects promoting hydrogen development in the UAE and elsewhere

Saudi Aramco makes second highest profit on surging oil prices

Key Saudi Arabian oil site attacked, sending crude prices surging above $71

A storage tank in the Ras Tanura terminal was attacked by a drone while a missile also landed near a residential compound for Saudi Aramco employees in Dhahran

Dewa Jebel Ali Power Generation and Water Production Complex

Dubai’s DEWA bags Guinness record for largest single-site natural gas power facility

The complex can generate 9,547 MW of electricity

ADNOC Abu Dhabi

UAE’s ADNOC appoints new managing director, restructures to form executive board of directors

Dr Sultan Ahmed Al Jaber has been appointed as managing director of ADNOC, in addition to his current position as CEO