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Featured in Energy, Oil & Gas
Schneider Electric Ranked #1 in the 2020 Gartner Supply Chain Top 25: Europe Top 15…

• Schneider climbs 2 spots since last year   Dubai, UAE, Augst 8th 2020:  Schneider Electric, the leader in digital transformation of energy management and automation, today announced it has been ranked #1 in the 2020 Gartner Supply Chain Top 25: Europe Top 15 (June 2020).   For many years Schneider Electric has given priority to the digitalization of its supply chain. The Group launched the Tailored Sustainable Connected Supply Chain 4.0 program to create a customized, sustainable and connected Supply Chain from end to end - across procurement, manufacturing, planning and delivery pillars. "Our network of suppliers, smart factories sites and distribution centers have adopted digital processes and tools to improve our energy consumption, our product quality and cost. During the past months where ......read more

Greenpeace Condemns Barakah Nuclear Power Plant as Wasteful and Dangerous…

United Arab Emirates, August 04, 2020:   Greenpeace MENA condemns the start-up of unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafrah Region of Abu Dhabi, as a wasteful investment in the wrong technology that will only deplete the scarce water resources of the “Emirates”. Julien Jreissati, programme manager at Greenpeace Middle East and North Africa, commented: "Nuclear energy is not the energy of the future, and definitely not the solution. With it we are leaving our future generations with nothing but a toxic legacy of radioactive and dangerous nuclear waste". He continued: ”The UAE has been a regional leader in developing and investing in cheap, safe and green renewable energy such as solar. This innovative country should keep its focus on capitalising on its abundant and ......read more

Safe Start-up of Unit 1 of Barakah Nuclear Energy Plant Successfully Achieved…

- Start-up is major step in process for upcoming generation of emissions-free electricity  - Process undertaken in line with regulatory requirements and highest international standards for nuclear quality and safety   02 August 2020, Abu Dhabi,  UAE: The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started up Unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafrah Region of Abu Dhabi, United Arab Emirates (UAE). This step is the most historic milestone to date in the delivery of the UAE Peaceful Nuclear Energy Program, as part of the process towards generating clean electricity for the Nation for at least the next 60 years.   Since receipt of the Operating License from the ......read more

Schneider Electric Shows They Are Acting to Build a Green and Inclusive Future for All Through H1 Extra-financial Results…

• Schneider Electric exceeds their year-end target, taking their overall performance for avoiding primary resource consumption to just over 126,000 metric tons • The Group reaffirms its commitment to achieve 2020 goals and looks ahead at the 2030 Sustainable Development Goals  • The Tomorrow Rising Fund, by the Schneider Electric Foundation, moves forward with recovery and resilience by supporting education and training programs    Dubai, United Arab Emirates, August 01, 2020:   Schneider Electric, the leader in digital transformation of energy management and automation, announces their financial and extra-financial year results. Each quarter, Schneider Electric publishes 21 indicators from the Schneider Sustainability Impact (SSI) which measures their progress towards their ......read more

Siemens Compressors Selected for Gas Reservoir Storage Project with Saudi Aramco…

• Siemens Energy to supply 20 compressor trains for a critical gas project in the Kingdom of Saudi Arabia (KSA) • The project will enable the operator to manage its surplus gas volumes efficiently to meet seasonal demands     July 29, 2020:  Siemens Energy was selected to provide centrifugal compressor systems for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project. The plant includes a gas injection facility with a capacity of 1,500 million standard cubic feet per day (MMSCFD) (42,475,270 cubic meters per day, or m3/d) and a withdrawal facility capable of processing up to 2,000 MMSCFD (56,633,693 m3/d) of gas.    Siemens Energy received the order from Samsung Engineering, who was awarded the engineering, procurement, and construction (EPC) contract for the ......read more

Earn Points With Every Purchase in New-look ADNOC Rewards…

• Earn points on all purchases that can be redeemed for products and services across ADNOC Distribution stations and ADNOC Oasis stores • 500 bonus points for members who download the app • Free car sanitization for all new members with first transaction • More than 750,000 customers already registered for ADNOC Rewards   Abu Dhabi, 29 July 2020:  ADNOC Distribution, the UAE’s leading fuel and convenience retailer, announced today an exciting enhancement to its popular rewards program, ADNOC Rewards. Starting this Eid holiday, customers can now earn loyalty points on every purchase of fuel and non-fuel products.  There are also a range of special launch offers to kick off the new program. Those who download and login to the ADNOC Distribution app for the first time will receive ......read more

EWEC Announces Partners to Develop the World's Largest Solar Power Plant…

Consortium comprising TAQA, Masdar, EDF and JinkoPower sign Power Purchase Agreement with EWEC, for a 2 GW solar power plant Competitive bid process results in record-low tariff for solar power, set at AED 4.97 fils/kWh (USD 1.35 cents/kWh)   Abu Dhabi, UAE – 26 July 2020: The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, announced the award for the world’s largest solar power plant. The project was awarded to a consortium led by Abu Dhabi National Energy Company (TAQA) and Masdar, with partners EDF and JinkoPower, for the development of the 2 GW Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project, which will be located approximately 35 kilometers from Abu Dhabi city. The ......read more

Trina Solar Unveils Vertex 600w Series Module and Expects Mass Production of 550w Series Later in Year…

Dubai, UAE – 25 July 2020: Trina Solar Co., Ltd (‘Trina Solar” or the “Company”) has announced the launch of two next-generation Vertex series modules with power output of up to 600W. The company expects to realize the mass production of a 550W series in the final quarter of this year.    Several representatives of upper, middle and lower streams of the industrial value chain of the 600W+ Photovoltaic Open Innovation Ecological Alliance, representing manufacturers of silicon, wafers, cells, modules, trackers, inverters, materials and equipment, took part in a launch event and witnessed the new next-generation Vertex series modules.    Dr Zhang Yingbin, Head of Product Strategy and Value Management at Trina Solar, said at the event: "The next-generation Vertex modules ......read more

Green Petrochem Announces Expansion Plan in Hamriyah Free Zone…

• Petrochem to lease 200,000 sq. ft. plot of land and establish additional storage facilities with expected storage capacity of 150,000 cbm    • Petrochem’s daily production capacity amounts to 800 metric tons of petrochemical products while annual refining capacity exceeds 2.1 million barrels           Sharjah, July 22, 2020:   Green Petrochem, one of the most conducive players in the oil industry across the UAE, has announced an expansion plan in the Hamriyah Free Zone to boost its storage capacity and meet the growing demand for its services.   The expansion plan was announced last recently during a ceremony held to sign a lease agreement with the Hamriyah Free Zone Authority (HFZA).  Under the contract, the petrochemical company will ......read more

Schneider Electric to Upgrade DP World's Sokhna Basin 2 With Ecostruxure Power Smart Energy Distribution System…

Technology will help save energy and maintenance costs, reduce carbon emissions, make the facility greener and future-proof it for new innovations   Dubai, United Arab Emirates, July 22, 2020:   Schneider Electric has been selected by DP World, a leading enabler of global trade, to implement an end-to-end smart energy MV, LV distribution system at DP World’s Sokhna Basin 2 Terminal, situated near the southern entrance to the Suez Canal on the Red Sea. The solution will improve safety, save on electricity and maintenance costs, and reduce carbon emissions at one of Egypt’s largest ports. The EcoStruxure Power solution is Internet-Of-Things-enabled, which will allow DP World to run a variety of digital applications, analytics and other technologies across the system, to further improve operations and ......read more

39 Photovoltaic Companies Band Together to Give Industry a Fillip as 600W+ Photovoltaic Open Innovation Ecological Alliance…

Dubai, UAE – July 16, 2020: The 600W+ Photovoltaic Open Innovation Ecological Alliance was announced today – a formation of 39 firms that aims to create a new collaborative and innovative ecosystem through open collaboration, synergizing the main resources of the industry chain and integrating core processes such as R&D, manufacturing and applications.  In a declaration adopted by the 39 members of the alliance, member companies said they will work together to build products, systems and standards for a next-generation technology platform, committing to maximize the customer values of 600W+ ultra-high power modules and other related solutions at the application end.    PV is becoming one of the strongest driving forces for energy transformation. To bring more value to customers and promote sustainable ......read more

ENEC Completes Construction of Unit 2 of the Barakah Nuclear Energy Plant…

- ENEC hands over the systems of Unit 2 to Nawah Energy Company for commissioning, marking the end of construction activities for the second of four units at Barakah - Nawah team now commences operational readiness activities. Regulatory approval from FANR required, and international assessments to take place prior to Unit 2 - Unit 2 successfully completed advanced testing, demonstrates its exemplary structural safety performance and that its systems and components meets the highest standards of safety and quality.    14 July 2020, Abu Dhabi, UAE: The Emirates Nuclear Energy Corporation (ENEC) has successfully completed the construction of Unit 2 of the Barakah Nuclear Energy Plant, the Arab World’s first nuclear energy plant located in the Al Dhafra region of Abu Dhabi.  The unit has now been officially ......read more

Empower Organises Summer Training Programme for Emirati Youth in the District Cooling Sector…

Dubai, United Arab Emirates, July 14, 2020:    Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, launched this year’s professional summer training programme for national graduates and institute students with a view to encouraging them to engage in the promising district cooling sector. A group of students have been joined to the new program from Zayed University, Al Ghurair University, the Rochester Institute of Technology and the Higher Technical College. Empower pointed out that the continuation of skill development process was put into risk due the closure of technical and vocational education centres and training institutions around the world in the wake of the Covid-19 pandemic. The situation prompted the company to take part in the efforts for ......read more

An EU Carbon Border Tax Could Impact the GCC Oil Exporters and Be the Next Disruptive Force in Global Trade…

A tax on carbon emissions tied to imports would cut profits for foreign suppliers of oil, steel, and other goods with high greenhouse gas footprints but could pose an opportunity for GCC companies to gain a competitive edge, BCG research finds   Dubai, United Arab Emirates, July 08, 2020:   A plan being considered by the European Commission to tax the carbon emissions attributed to imported goods could create competitive advantages for foreign companies with low greenhouse gas footprints--and “serious near-term challenges” for other exporters, adding to financial strain caused by the COVID-19 crisis. The tax could slash the profits generated by imported materials such as oil, flat-rolled steel, and wood pulp by a range of 10% to 65%, and impact both EU and non-EU producers of goods such as chemicals and ......read more

Ras Al Khaimah Municipality Reports Significant Progress in Energy Efficiency…

The second annual report for the implementation of the Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040 was released on the newly launched Reem website.     Ras Al Khaimah, United Arab Emirates, July 06, 2020:  Ras Al Khaimah Energy Efficiency and Renewables Strategy 2040 has completed its second year of implementation in 2019. Last week Ras Al Khaimah Municipality released the second edition of the annual report for the strategy. The report describes progress of the strategy, including achievements, new initiatives and expected developments in the coming years. Click here to download the report from the Reem website.   The annual report highlights concrete savings of 7 GWh of electricity, 109 MIG of water and 423 GWh thermal of direct fuel savings achieved in 2019. Apart from these energy ......read more

Empower Continues Its Commitment to Implement International Standards…

Successfully renewed three ISO certifications in Quality Management System, Environmental Management System and Occupational Health and Safety Management Systems Dubai, UAE, 06 July 2020:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has successfully renewed three ISO certifications in Quality Management System (ISO 9001: 2015), Environmental Management System (ISO 14001: 2015), and Occupational Health and Safety Management Systems (OHSAS 18001: 2007), that are related to internationally recognized practices for management Systems in Quality, Environment and  Health and Safety respectively. Empower is certified for all these three International Standards since 2006, which are integrated into one platform, that adds values to ......read more

Hitachi ABB Power Grids Commences Operations…

Complementary portfolios and technology strengths to ensure continuity, enhance customer value and bring growth opportunities.    Dubai, United Arab Emirates, July 01, 2020:   In accordance with the agreement signed on December 17, 20181 , Hitachi Ltd. and ABB Ltd today announced the completion of all required procedures as planned, and the formation of Hitachi ABB Power Grids Ltd. Hitachi has an 80.1 percent stake in this new joint venture entity (which has business volume of approximately 10 billion USD2 ) and ABB holds the balance. Toshikazu Nishino, Executive Vice President of Hitachi, is the Chairman of the new entity and Claudio Facchin the CEO. The new entity is headquartered in Zurich, Switzerland, and the current management team will ensure business continuity. “Hitachi’s leading ......read more

Market Access Concludes Second Cohort With Several Corporate-startup Collaborations Announced…

• Dubai Startup Hub Market Access programme’s second cohort attracted 44 startup submissions, 55% of which came from outside the UAE   • Corporate members Emirates NBD, Sumitomo and Accenture team up with 9 startups offering cutting-edge solutions to existing challenges     Dubai, United Arab Emirates, July 01, 2020:    Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced the successful conclusion of the Market Access programme’s second cohort, which saw several high-potential startups joining forces with leading UAE corporates at a recent business pitching and matchmaking event.   The virtual event, held  on June 17th, 18th and 22nd, saw Market Access corporate members Emirates NBD, Sumitomo and Accenture team up with nine ......read more

Deloitte: Should GCC Countries Re-Calibrate Their Strategies Given Low Oil Prices?…

Dubai, United Arab Emirates, July 01, 2020:   The dual crisis engendered by the conflict over production levels within OPEC + and the reduced demand caused by the COVID-19 pandemic have prompted a global, sector-wide downturn in the Oil and Gas (O&G) industry that has left the oil-dependent economies vulnerable in terms of fiscal revenue. Demand for oil has fallen by over 18 percent since the beginning of the year, leading to a steep decline of more than 70 percent in the price of oil. Deloitte has just released its new report, Impact of oil industry crisis on the GCC and potential responses, which explores different potential responses GCC countries can take to address the impact of the oil industry crisis on their economies. “The oil industry is facing its gravest crisis in 100 years, leading to a steep decline ......read more

Empower Launches Its Summer Campaign to Rationalize District Cooling Energy Consumption…

Dubai, UAE, 29 June 2020:   As part of its efforts to raise awareness about the importance of adopting sustainability practices and provide environment friendly district cooling services, Emirates Central Cooling Systems Corporation (Empower) has launched a consumption rationalization campaign under the theme ’ Set your AC at 24°C Auto and Save’. The campaign will run until the end of summer and aims to encouraging its customers to rationalize the district cooling consumption during the summer season by setting the air- conditioner thermostat at 24°C, as well as using innovative and eco-friendly methods that help in reducing indoor temperature and monthly costs, and achieving significant savings in energy and resources.. Empower pointed out that the campaign targets all the customer segments across ......read more

Dubai Businesses Explore Opportunities in Mozambique's Growing Oil and Gas Sector…

- Dubai Chamber webinar attended by over 130 business leaders from the UAE, Mozambique and Southern Africa   - Event familiarised Dubai-based companies with competitive advantages of doing business in Mozambique and process of setting up in the African country    - Khan: Dubai-based companies that have the right level of expertise and investments to fill gaps in the Mozambican market     Dubai, United Arab Emirates, June 29, 2020:    Mozambique is on its way to becoming one of the world’s largest energy producers, and its growing oil and gas market is ripe with business opportunities that companies in Dubai can capitalise on, industry experts said during a recent Dubai Chamber webinar.   Sharing their insights, experts identified rising demand for digital solutions ......read more

Peak Demand for Fossil Fuels in 2019 Has Become a Real Possibility…

New Analysis by Boston Consulting Group Reveals That the COVID-19 Crisis May Have Accelerated Peak Demand for Fossil Fuel by More Than a Decade, Causing It to Reach Its Zenith in 2019   Dubai, United Arab Emirates, June 28, 2020:   As the short-term economic fallout of the global COVID-19 pandemic becomes increasingly visible, recent research by Boston Consulting Group (BCG) suggests that the crisis may have a significant long-term impact on global energy markets. Most notably, it may have caused demand for fossil fuels to reach its peak last year. BCG’s article, titled Have We Passed Peak Demand for Fossil Fuels? explores energy scenarios through 2030. BCG’s analysis of the future energy demand and energy mix for three economic scenarios, representing V-, U-, and L-shaped recoveries, points to a high ......read more

Emirates Insolaire Solar Panels at DEWA Innovation Centre to Generate more than 360,000 KWh Electricity Annually…

3,339 panels covering 2,000 Sqm to result in approximate cost savings worth AED 158,000 annually Dubai, UAE, 28th June 2020:   Emirates Insolaire, a pioneer in the development and application of new solar technologies and a joint venture of Dubai Investments PJSC and Swissinso SA, Switzerland has announced the undertaking  of the installation of solar panels at the DEWA Innovation Centre project, part of Dubai's Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park), being developed as the largest single-site solar park in the world based on the independent power producer model. Registering the peak power at 225 KWp, more than 3,339 customized solar panels covering an area of 2,000 Sq.m will aid towards generating more than 360,000 KWh electricity annually, resulting in approximate cost savings of AED ......read more

Crude Oil Headwinds on Virus and Technicals…

By Ole Hansen, Head of Commodity Strategy Saxo Bank   Crude oil's rally to the highest levels since early March has paused with the technical outlook beginning to look more challenging. The attention has for now turned from OPEC+ and successful production cuts to concerns that a renewed spike in COVID-19 cases may slow the process towards a further recovery in global demand. On tap today we have EIA's weekly inventory report at 14:30 GMT. What is our trading focus? OILUKAUG20 – Brent Crude Oil (August) OILUSAUG20 – WTI Crude Oil (August) XOP:arcx – Oil & Gas Exploration & Production XLE:arcx – Energy Select Sector SPDR Fund (Large-cap US energy stocks) ____________________________________________________________________________________________________ Crude oil’s ......read more

DP World Presents: Enabling Smarter Conversations Leadership in Unprecedented Times…

Dubai, United Arab Emirates, June 25, 2020:   Cyril Abiteboul, Managing Director of the Renault DP World F1 team and Keith Pelley, CEO of the European Tour, open up over the challenges they have faced and the important decisions they have had to make in the wake of the COVID-19 pandemic, as part of a three episode mini-series produced by their partner in common, DP World. The conversation highlights the contrasting personalities of each CEO, but also shines a light on their shared approach to progressive leadership and their determination to ensure sport continues to deliver for fans safely despite coronavirus.  They explore the challenges of working with hundreds of people, across multiple geographies and discuss the huge logistical complexities of their organisations in the wake of the current pandemic. Both are ......read more

Other Top Stories from Energy, Oil & Gas
 
Next Stage of Testing Completed at Unit 2 of Barakah Nuclear Energy Plant…

Structural Integrity Test (SIT) and Integrated Leak Rate Test (ILRT) successfully completed for Unit 2 SIT and ILRT demonstrate Unit 2’s exemplary structural safety performance under normal and extraordinary circumstances  Abu Dhabi, UAE – 31 March  2019:  The Emirates Nuclear Energy Corporation (ENEC) has recently completed the Structural Integrity Test ......read more

Schneider Electric accelerates its practices of gender equality and inclusion forward with 100% ...…

Schneider Electric is the first multi-national company to achieve unanimous commitment by its country presidents to the UN’s guidelines on gender equality and empowerment Commitment exemplifies Schneider Electric’s practices of inclusion and furthers the company’s goals of advancing gender equality across its global footprint  Dubai, United Arab Emirates, March ......read more

Schneider Electric Partners with Vericlave to Strengthen Customers' Cyber Posture…

Fortifies end-to-end cyber portfolio to protect industrial installations Advanced technology shrinks attack surface by more than 90 percent Cuts cybersecurity deployment and ownership costs by 50 percent or more   Dubai, United Arab Emirates – March 21, 2019 –   Schneider Electric, the leader in the digital transformation of energy management and ......read more

ENOC Group to offer over 200 job opportunities at Careers UAE 2019…

Dubai, UAE; March 19, 2019: As part of its commitment towards human capital development, ENOC Group will offer over 200 job opportunities across upstream, downstream and corporate divisions within the Group to UAE nationals. These rewarding career opportunities will be showcased by the Group at the UAE Career Fair, to be held from March 19 to 21 at the Dubai World Trade Centre. ENOC is ......read more

Schneider Electric accelerates the transition to low carbon economy at the One Planet Summit 2019…

• Schneider Electric executives collaborate with other sustainability leaders on how to deliver tangible actions on the most pressing global sustainability challenges   • Company demonstrated how low carbon economy can be a reality now including business and the most vulnerable population alike    Dubai, March 18, 2019 – Almost 4 years after the adoption ......read more

Empower saves electricity worth AED 3 billion in 2018…

Cumulative saving of 1,160 Mega Watt electricity Dubai, UAE, 17 March 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has achieved total electricity savings of 1160 MW, worth AED 3 billion, in 2018 “As per its vision, Empower adopts an integrated strategy that contributes in raising customers awareness about ......read more

First edition of Abu Dhabi Engine Week coming soon to the capital…

Marks an exciting and entertaining new addition to the emirate's events calendar  Abu Dhabi, 14 March 2019 -   Abu Dhabi is set to host the inaugural Abu Dhabi Engine Week, aimed at car and adventure enthusiasts from across the UAE and wider Gulf region. From 28 March – 6 April, Engine Week will present a packed 10-day schedule of exciting activities in locations ......read more

South Energy signs agreement for its first solar project…

2MWp photovoltaic system set to provide green energy for five of Dubai South facilities Solar plant to generate more than 3,000,000kWh of clean & renewable energy annually Initiative set reduce CO2 emissions by 1,500 tons annually March 13, 2019: In line with Dubai’s efforts to increase sourcing energy needs from renewable energy and meet the goals under Dubai Clean Energy ......read more

ENEC Signs Memorandum of Understanding with ENUSA…

Emirates Nuclear Energy Corporation and ENUSA to collaborate and exchange of information and expertise in nuclear fuel services MoU signing ceremony held at ENEC headquarters in Abu Dhabi Abu Dhabi, UAE – 13 March 2019:  The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding (MoU) with Enusa Industrias Avanzadas, S.A., S.M.E. (ENUSA), defining ......read more

Industrial Sector's Business Group discusses Sharjah Chamber of Commerce and Industry's strategy to ...…

Dubai, UAE, March 13, 2019:  The   Industrial Sector’s Business Group, operating under the umbrella of the Sharjah Chamber of Commerce and Industry (SCCI), has discussed the SCCI strategy to enhance the industrial sector’s contribution to Sharjah economic growth, activate forward-looking plans and improve the industrial sector’s competitiveness in the business ......read more

Empower receives Dubai Chamber CSR label for the fifth year consecutively…

Ahmad Bin Shafar: “This recognition proves our commitment towards positive change that supports society and promotes sustainable development” Dubai, UAE, 11 March 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has been awarded Dubai Chamber CSR label, for the fifth year consecutively, for its ......read more

Region's Young Engineers Shine Light on Intelligent Energy Solutions at "Future ...…

Electro-magnetic charging stations for Electric Vehicles, Magnetic RAM for data storage and Efficient Smart House to reduce power consumption among leading entries Dubai, UAE, Thursday March 9, 2019:  Some of the region’s brightest young engineers have showcased a wave of intelligent, next-generation solutions designed to solve today’s greatest power challenges during the ......read more

HH Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance opens ...…

44th edition of region’s leading power event welcomes more than 60,000 industry professionals across three-day show 1,600 exhibitors from all corners of the globe spotlight breakthrough tech and latest solutions to feed GCC’s USD109 billion power investment needs   Dubai, UAE, Tuesday March 5, 2019: His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of ......read more

Joint task-force of Dubai government entities and ENOC make steady progress in curbing illegal ...…

Inspections reveal that several companies are yet to comply with Emirates Authority for Standardization & Metrology (ESMA) guidelines  Dubai, United Arab Emirates - March, 05, 2018:  A joint task-force comprising six Dubai Government entities and ENOC Group is taking concerted efforts to curb illegal trade of diesel in Dubai, which have seen steady progress in recent ......read more

French electricity sector experts show their loyalty to Middle East Electricity 2019 in Dubai…

United Arab Emirates - March 04, 2019: 2019- 27 French companies will be exhibiting in 2019 with Business France, the national agency supporting the international development of the French economy, at the Middle East Electricity Show in Dubai, a chance for a French excellence sector that is both innovative and dynamic to enjoy the spotlight. The event is truly a springboard for companies looking ......read more

Middle East Electricity to Define Major Forces Disrupting Global Power Sector…

Dubai, UAE – Monday 4th March, 2019:  Power industry professionals from around the world descend on Dubai tomorrow (5th March) for Middle East Electricity 2019, the 44th edition of the region’s leading event for the power industry, to debate, promote and reshape the future of a sector beset by game-changing disruption.  The power battalion are exhibiting, visiting, and ......read more

Water revolution gathers pace in Middle East as eco-friendly consumers have their say…

Culligan says changing attitudes to consumption, waste added to technology advancements are taking water treatment to sustainable future  Dubai, UAE -  27 February 2019:  The Middle East is witnessing a dramatic change of attitude towards water, how we consume it and how to minimise the amount we waste, and water treatment experts say the revolution will continue to gather pace ......read more

Power of Renewables takes centre stage at Middle East Electricity 2019 with solar impulse ...…

Directors of award-winning movie ‘Point of No Return’ will host interactive session at mega power trade show Dubai, UAE – 27 February, 2019: Directors of the multi award-winning documentary ‘Point of No Return’ will put the growing influence and versatility of renewables firmly in focus at Middle East Electricity 2019 – the leading international trade event ......read more

French electricity sector experts show their loyalty to Middle East Electricity 2019 in Dubai…

United Arab Emirates - 26 February 2019:  27 French companies will be exhibiting in 2019 with Business France, the national agency supporting the international development of the French economy, at the Middle East Electricity Show in Dubai, a chance for a French excellence sector that is both innovative and dynamic to enjoy the spotlight. The event is truly a springboard for companies ......read more

Ahmad Bin Shafar participates in the IDEA Campus Energy 2019 at New Orleans, Louisiana…

Ahmad Bin Shafar: “IDEA is committed to diversify its topics and the objectives of its activities to maximise the benefit of all parties involved in the district cooling and heating sector” Dubai, UAE, 24 February 2019:  Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, ......read more

Artificial Intelligence to Impact Regional Power Sector Jobs, says New Middle East Electricity ...…

Power generation operations and maintenance to be major beneficiaries Advanced technology dominating knowledge programme at Middle East Electricity 2019 Dubai, United Arab Emirates - 24 February, 2019:  Artificial Intelligence (A.I.) will significantly impact roles within the regional power sector according to the newly-released Middle East Electricity A.I. & Energy Report, ......read more

Mubadala Petroleum Signed South Andaman PSC in Indonesia…

Abu Dhabi, 18 February 2019:  Mubadala Petroleum announces that it has signed the Gross Split Production Sharing Contract (PSC) for South Andaman, as awarded by the Government of Indonesia pursuant to the 2018 Indonesian Third Direct Tender Round. Following the signing, Mubadala Petroleum is the operator of both the South Andaman and the adjacent Andaman I PSC and a partner in the Andaman II ......read more

The UAE's Pioneering Nuclear Energy Program Discussed During ‘Government Leadership Talks'…

Entitled “Pioneering Nuclear Energy; Emirati Leadership” the session was led by H.E. Eng. Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation  The session, held at ENEC’s headquarters in Abu Dhabi, highlighted the key role played by peaceful nuclear energy in powering the future growth and prosperity of the UAE   Abu ......read more

MHPS Is Global Market Share Leader in 2018 for Heavy Duty Gas Turbines…

J-Series Reliability and Efficiency Propel Mitsubishi Hitachi Power Systems to Global Leadership   Dubai, UAE (February 18, 2019) - Mitsubishi Hitachi Power Systems (MHPS) has achieved a major milestone in the global Power Generation sector, securing 2018 market share leadership in global orders for heavy duty gas turbines (100 MW and above). The result is based on data compiled ......read more

Etihad ESCO announces completion of Hatta Solar retrofit project…

7,756 photovoltaic (PV) solar panels installed over roofs of 554 Hatta villas Project to generate 3,612,357-kilowatt hour (KWh) of power annually Annual reduction of CO2 emissions by 2,159 tons among many benefits   UAE, 13 February 2019 – With DEWA’s support and sponsorship, Etihad Energy Services Company (Etihad ESCO), the wholly-owned subsidiary of Dubai ......read more

Nexans to present its cutting-edge umbilical offer at EGYPS 2019…

Dubai UAE, February 11, 2019 – Nexans, a global actor in cabling systems and services and an industry leader in umbilicals, will be attending the EGYPS 2019 exhibition and conference on February 11-13.  Through several umbilical deliveries in East Mediterranean, Nexans has confirmed its role as a trusted and committed partner in the in the oil and gas industry. This has also ......read more

ENEC Marks Innovation Week with a Focus on Youth, Artificial Intelligence and Sustainability…

ENEC Innovation Week activities included an Innovation Majlis, hackathons, and collaboration with academia to foster innovative thinking and the pursuit of excellence Abu Dhabi, UAE - 07 February 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of ......read more

ENEC Marks Innovation Week with a Focus on Youth, Artificial Intelligence and Sustainability…

ENEC Innovation Week activities included an Innovation Majlis, hackathons, and collaboration with academia to foster innovative thinking and the pursuit of excellence Abu Dhabi, UAE - 06 February 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of ......read more

TSSC continues to raise the bar on cold chain innovation with latest sustainable solutions…

February 04, 2019: Technical Supplies & Services Company (TSSC), a leading manufacturer of advanced building materials and systems in the Middle East and a member of Harwal Group, announced that its latest innovative technologies for the cold chain industry continue to gain traction, serving the ever-growing demand for energy-efficient solutions in the region in line with the highest ......read more

ENEC's CEO Highlights Strategic Importance of UAE Peaceful Nuclear Energy Program at Abu Dhabi ...…

Eng. Mohamed Al Hammadi addresses UAE high ranking military students at Abu Dhabi University ENEC CEO delivers series of lectures on the role of UAE Peaceful Nuclear Energy Program in advancing the nuclear energy industry locally and internationally     Abu Dhabi, UAE – 2 February 2019: Eng. Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy ......read more

Saudi Plastic and Petrochemical Exhibition 2019 set to launch with government and private sector ...…

Big opportunities to help increase petrochemical output in the Kingdom to USD 453.3 billion by 2030 January 23, 2019 –   Under the patronage of His Royal Highness Prince Mishaal Bin Majid bin Abdulaziz Al Saud, Governor of Jeddah, the Jeddah Centre for Forums and Events is set to host the 16th edition of the Saudi Plastic and Petrochemical Exhibition, organized by Riyadh ......read more

Empower achieves steady growth in 2018 with Net Profit exceeding AED 800 Mn …

Empower also achieved the milestone of Revenues crossing the mark of AED 2.0 bn for the first time Total Cooling Capacity reached to 1.43 million RT in 2018 Customer base expanded to 100,000 and the total number of buildings served by Empower DCS reaches to 1,090. Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, ......read more

ENOC ‘Women in Energy Awards' recognises achievements in the energy sector…

Eight women from diverse backgrounds within the energy sector win inaugural awards   Dubai, UAE; January 22, 2019:  ENOC Group’s inaugural ‘Women in Energy Awards’ honoured eight women in a first-of-its-kind award ceremony held to recognise women’s achievements within Dubai’s energy sector.    The biennial awards which were previously ......read more

Crescent Petroleum signs MoU to sponsor Special Olympics…

Sharjah, UAE January 20, 2019:   Crescent Petroleum, the Middle East's first and largest private exploration and production company, has signed a memorandum of understanding (MoU) with the Local Organizing Committee (LOC) for Special Olympics World Games Abu Dhabi 2019 to sponsor the World Games taking place 14-21 March, underscoring its commitment to empowering people of ......read more

Space, AI, renewable energy to get priority as sectors open for more foreign investment in 2019 - ...…

 Legislation recognising ICOs as securities among legal reforms to act as a beacon for increased foreign investment, says STA senior partner Dubai, UAE, 19 January, 2019:   Space, artificial intelligence and renewable energy are priority sectors in the UAE, and it is expected they will be amongst those to be opened up to higher levels of foreign investment in 2019, according to ......read more

The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resources Visits Barakah ...…

H.E. Eng. Khalid bin Abdulaziz Al-Falih witnessed the significant progress being made at Barakah     16 January 2019:   H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Energy, Industry, and Mineral Resources for the Kingdom of Saudi Arabia (KSA) expressed his appreciation for the significant development of the Barakah Nuclear Energy Plant in a recent visit to ......read more

RAK Petroleum plc: Changes in Share Capital…

Dubai, UAE, January 16, 2019:  RAK Petroleum plc, the Oslo-listed oil and gas investment company, announces that, as the result of a request by Afaq Al Roya Trading (LLC) to release the restrictions on its 9,000,000 Restricted Class A Shares, and a request by another shareholder to release the restrictions on his 180,000 Restricted Class A Shares, 9,180,000 Restricted Class A Shares have ......read more

ENEC Showcases Commitment to Sustainability at the World Future Energy Summit…

ENEC sponsoring and exhibiting at WFES 2019 ENEC committed to sustainable working practices across all aspects of its business Abu Dhabi, UAE – 16 January 2019:   The Emirates Nuclear Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, are participating for the seventh year in the World Future Energy Summit (WFES) 2019 as ......read more

Saudi energy minister on the country's Crown Prince: His ability to lead the kingdom is unshaken ...…

For CNN Business, John Defterios spoke to Saudi Minister of Energy, Industry and Mineral Resources, Khalid A. Al-Falih.  During the interview, Al-Falih told CNN he doesn't "see a big economic recession" but that corrective actions are "easily within our control." As the United States Secretary of States Mike Pompeo prepares to meet Saudi Crown Prince Mohammed Bin ......read more

Sultan Awards Oil & Gas Exploration Concession to Italy's Eni…

HH Ruler of Sharjah Receives Eni Ceo Claudio Descalzi    SHARJAH, Sharjah Government Media Bureau, January 14, 2019:  His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received this morning (Sunday) in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company, in the presence of HH Sheikh Ahmed bin ......read more

Global Energy Forum: His Excellency Khalid Al-Falih's address on day three…

Dubai, UAE, January 13, 2019:  As part of the third Global Energy Forum, His Excellency Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia delivered the opening address for day three of the Forum.  His Excellency Al-Falih later joined Frederick Kempe, President and CEO of the Atlantic Council, on a panel titled 'An Update On ......read more

Emirates Nuclear Energy Corporation Celebrates 3rd Barakah Excellence Awards…

Winners of 3rd edition of Barakah Excellence Awards announced during special ceremony Awards part of ENEC’s internal recognition program designed to promote and encourage excellence Abu Dhabi, UAE – 12 January 2019:  The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, Nawah Energy Company and Barakah One Company, celebrated the third edition of its ......read more

Plastics to be the main driver for crude oil demand…

ArabPlast 2019, closed on a grand note witnessing the participation of more than 900 companies from 32 countries Advanced economies currently use up to 20 times more plastic than developing economies on a per capita basis, underscoring the huge potential for global growth Dubai, United Arab Emirates, 10 January 2019:   Industry experts at ArabPlast 2019 indicated that plastics ......read more

Siemens outlines economic, societal contribution to UAE in new report…

90% of Siemens’ contribution to UAE gross value added is in non-oil sector Company works with more than 800 SMEs in the UAE AED 425-million software grant to five UAE universities, equipping over 3,850 students with digital experience Its energy-efficient solutions reduce CO2 emissions by 4.76 million metric tons  Dubai, UAE, January 07, 2019:  For the second ......read more

Easa Saleh Al Gurg Group partners with Petronas for lubricants distribution in the UAE…

Dubai, UAE, January 06, 2019:  Dubai-based multidimensional conglomerate Easa Saleh Al Gurg Group (ESAG) inked a new partnership with Petronas Lubricants International (PLI), a wholly-owned subsidiary of Malaysia’s national oil corporation, Petronas, which will see its range of automotive lubricants available in the UAE within the first quarter of 2019. With the deal, ESAG will ......read more

SRS Middle East makes Sharjah its headquarters for the Middle East Region…

The group will invest Dh160 million in the Hamriyah Free Zone in order to provide industrial services for the oil sector Dubai, UAE, January 05, 2019:  SRS Middle East FZE, which is a joint venture that consists of Global Petro Storage (GPS), Innova Refining Industries, and Chemie Tech LLC, has announced its decision to select Sharjah as the destination for its latest investment projects ......read more

ENEC Partners with Al Dhafra Festival in Abu Dhabi to Promote Social Engagement and UAE Cultural ...…

ENEC stand provided visitors with information about peaceful nuclear energy and included a range of educational activities Abu Dhabi, UAE – 02 January 2019:   The Emirates Nuclear Energy Corporation (ENEC) participated in the Al Dhafra Festival, which took place in Madinat Zayed, in the Al Dhafra Region of Abu Dhabi, between 17 December 2018 and 1 January 2019. ENEC’s ......read more

Schneider Electric Calls to Massively Expand Training in Energy Sector…

Decentralized renewable energy solutions will guarantee electricity access to millions, while creating millions of jobs Training programs, particularly in the low energy access countries, are not adequacy developed The Powering Jobs campaign wants all stakeholders to recognize the challenge and step up their efforts  Dubai (United Arab Emirates), 23 December 2018 –  ......read more

Oil and Gas Industry Set to Accelerate Move to Digital in 2019…

by Ron Beck Energy Industry Marketing Director, AspenTech Dubai, UAE, December 18, 2018:  Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) ......read more

ENEC Completes Significant Tests of Unit 3 at Barakah Nuclear Energy Plant…

Cold Hydrostatic Testing successfully completed at Unit 3 Significant step towards the completion of Unit 3 of the Barakah plant Abu Dhabi, UAE – 16 December 2018:   The Emirates Nuclear Energy Corporation (ENEC) has successfully completed Cold Hydrostatic Testing (CHT) at Unit 3 of the Barakah Nuclear Energy Plant in Abu Dhabi, UAE. The testing, which is a crucial step ......read more

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