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
Oil prices have retreated 6 per cent this month as the contagious delta variant triggers renewed lockdowns in China and other key Asian consumers
UAE’s Masdar has partnered on the construction of the 400MW Dumat Al Jandal facility
The 145-megawatt Cirata Floating Photovoltaic Power Plant is expected to begin commercial operations in Q4 2022
West Texas Intermediate was slightly higher after slumping 3.6 per cent on Monday
The project will be run by Aquovum, in partnership with Masdar and Khalifa University of Science and Technology
Stakeholders across local and regional countries are keen to pursue sustainable fuels
The substations supply Al Barsha 1, Mirdif, and Wadi Al Safa 2
The American Petroleum Institute was said to report an 806,000 barrel gain in US crude inventories
Oil has run into stiff headwinds in July after rising in seven of the past eight months
If there is a deal on Sunday, it is unclear how quickly additional supplies can be delivered to the market
The UAE’s energy ministry issued a statement acknowledging that talks are underway
The Al Zour LNG terminal received its first cargo of gas, from Qatar, on Monday
Oil has rallied more than 50 per cent this year as the vaccine rollout boosts demand in key economies
The council is a coalition of companies from over 20 countries pioneering hydrogen solutions
The state energy giant is preparing to gauge interest in the assets from potential investors
The decision was made to “decrease the burden of living costs on citizens and residents”
The plant, spanning over 500 hectares, will be located in the Talin and Dashtadem communities of Armenia
Gulliver replaces Sir Mark Moody-Stuart, who had been on the board since 2007
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
The UAE is now bidding to host the UN’s global climate talks in 2023
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
Earlier this year, ENOC launched its Service Station of the Future at the Expo 2020 Dubai site
Clean energy is expected to account for 12 per cent of Dubai’s overall production by the end of 2021
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
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
This is the fourth consecutive month that fuel prices have increased within the country
As of February 2021, the number of electric cars in Dubai has increased to 2,473