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Featured in Energy, Oil & Gas
10th EcoWASTE Exhibition & Forum to create blueprint for addressing region's waste challenges…

The three-day event will promote circular economy and tackle Middle East region’s waste challenges by exploring innovative product and ideas Taking place from April 16 to 18, the EcoWASTE Forum will highlight the region’s effort to curb plastic and industry waste Tadweer Group is the Strategic Partner for the 10th Year in a row Abu Dhabi, UAE, March 4, 2024: The highly anticipated EcoWASTE Exhibition & Forum will return for its 10th edition on April 16 to 18 at the Abu Dhabi National Exhibition Centre. As one of six vertical platforms within the World Future Energy Summit, the Exhibition will explore a wide variety of potential solutions to help close the loop on the Gulf’s waste challenges. Organised by RX Middle East as part of the World Future Energy Summit, with Tadweer Group as Strategic ......read more

Trina solar once again on BNEF tier 1 list for Q1 2024…

Dubai, United Arab Emirates - Trina Solar, a global leader in smart PV and energy storage solutions, has secured a place on the BNEF Tier 1 list once again, thanks to its strong bankability, the great reliability of its PV modules and its highly efficient 210mm n-type products. This consolidates its leadership in the PV and energy storage industry. According to the report for the first quarter of 2024, Trina Solar fully meets BNEF’s Tier 1 criteria, whose threshold is now much higher than was previously the case.   BNEF, a research organization in the field of new energy, is recognized globally for its credibility and expertise. Its more stringent criteria in the latest quarter for PV module Tier 1 recognition require a brand to have provided own-brand, own-manufacture products to six different projects, which have been ......read more

Environment Agency – Abu Dhabi Launches an Odorous Gas Monitoring Network…

Abu Dhabi, 27 February 2024: The Environment Agency – Abu Dhabi (EAD) has launched the ‘Abu Dhabi Odorous Gases Monitoring Network’ as part of a drive to improve environmental protection, reduce nuisance and improve citizens’ and residents’ quality of life. The project is aligned with the UAE’s environmental vision of sustainable development and pollution prevention. Throughout the multi-phased five-year project EAD will ensure that the project encompasses a variety of activities across all potential sources to ensure that they do not adversely impact the environment and local communities. Additionally, it will serve as a valuable tool for early detection and response to odorous gas releases, which cause public annoyance.  During this project, EAD will focus on continuously monitoring the ......read more

Eaton to Showcase Cutting-Edge Sustainable Energy Solutions at LEAP 2024 in Saudi Arabia…

Dubai, UAE, February 26, 2024: Intelligent power management company, Eaton, is pleased to announce its participation in the upcoming LEAP 2024, the global tech event that brings together hundreds of thousands of attendees to discover what’s next for technology. Focusing on Energy Transition and Digitalization, Eaton aims to showcase cutting-edge sustainable technologies that pave the way for a smarter and more energy efficient future.   As Saudi Arabia strides towards renewable energy, the Kingdom has set ambitious targets, with a commitment to sourcing 50% of its power from renewable sources by 2030. Along with its plans to invest $50 billion in renewable energy projects over the next decade, Saudi Arabia demonstrates the growing importance of clean energy in the region. The aforementioned represents a remarkable ......read more

The Department of Energy Reviews 2023 Performance Results and Reports…

Abu Dhabi, February 14 – H.E. Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), chaired a meeting attended by several CEOs of water and electricity companies in Abu Dhabi. The meeting focused on reviewing Abu Dhabi Water and Electricity Sector's performance results and reports for the year 2023, as well as discussing future plans for 2024. The meeting is part of the ongoing exchange of visits and cooperation between the DoE and its partners in Abu Dhabi, aiming to coordinate efforts, discuss development plans that enhance performance efficiency and excellence, and address all challenges related to the energy sector, ultimately leading to sustainable development in the emirate. The meeting, which was held at the DoE's headquarters in Abu Dhabi, was attended by His Excellency Eng. ......read more

ADNOC DISTRIBUTION REPORTS RECORD $1 BILLION EBITDA IN 2023, DELIVERING ON A KEY CAPITAL MARKETS COMMITMENT…

Company reports Y-o-Y EBITDA growth of 4.6% in 2023, and 15.4% Y-o-Y increase in underlying EBITDA ADNOC Distribution surpasses its 2023 target of opening 25-35 new service stations by adding 41 stations to its network Fuel volumes sold in GCC countries (UAE and Saudi Arabia) rise 11.8% in 2023, while non-fuel transactions grow by 12.9% Y-o-Y Convenience store conversion rate reaches 24.7%, up from 21.7% in 2022, supporting non-fuel gross profit growth of 19.6% Y-o-Y   Abu Dhabi, UAE – February 7, 2024: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today reported robust results for 2023, recording a 4.6% year-on-year growth in earnings before interest, tax, depreciation and ......read more

ADNOC Distribution marked a Year of Expansion, Transformation and Continued Fuel & Retail Growth in 2023…

• Company continued network expansion and exceeded its 2023 target to open 25-35 service stations by adding 41 new stations during the year • Non-fuel retail business delivered approximately 12.9% year-on-year growth in number of transactions and hit a four-year-high convenience store conversion rate of 24.7%  • Company launched first phase of fast and super-fast electric vehicle charging points, reaching over 50 charging points across its UAE service stations network • First nine ADNOC-branded service stations were launched in Egypt in 2023 Abu Dhabi, UAE – January 31, 2024: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced early operational results from 2023, with full financial results to be shared in February ......read more

Tabreed Achieves Significant Energy Savings with Variable Frequency Drives in Extensive Retrofit Programme…

• Increased energy efficiency marks significant step in decarbonising operations   Abu Dhabi, United Arab Emirates – 30 January 2024: Tabreed, the world’s leading district cooling company, has concluded the third phase of its ‘Tasheel’ programme – an ambitious and extensive retrofit of Variable Frequency Drives (VFDs) to increase energy efficiency and assist in the decarbonisation of its operations.    Tabreed celebrated its silver jubilee in 2023 and is the Middle East’s original district cooling provider. It is, therefore, inevitable that certain plants in its ever-expanding portfolio will feature technology that has since been superseded with more energy efficient methods with lower operational and maintenance costs. While VFDs have been available for many years, ......read more

Astana Grand Mosque takes action to Reduce Energy use by Cutting Heat Consumption by 17.5%…

• Thermal heating solution provided by Danfoss expected to achieve US$55,000 annual savings • Heating system emits less CO2 emissions, fostering a more sustainable future   The Astana Grand Mosque, the biggest mosque in Central Asia, has taken a bold step in lowering CO2 emissions and fostering a more sustainable future with the installation of a new thermal heating solution from Danfoss which reduces heat consumption by 17.5%.    Global engineering group Danfoss helped to provide the Astana Grand Mosque with an energy efficient heating solution to ensure the comfort of worshipers during the harsh Kazakh winters when temperatures can reach -50 degrees Celsius.   The new thermal heating system solution emits less CO2 emissions, fostering a more sustainable future, and it is expected to ......read more

The Gas Safety Committee and Abu Dhabi Department of Municipality and Transport Set Gas Cylinder Safety Protocols for Emirate Construction Sites…

Abu Dhabi, 08 January 2024: As part of its commitment to uphold the highest environmental and health standards at construction sites and ensure fire safety, the Gas Safety Committee, in collaboration with the Abu Dhabi Department of Municipalities and Transport (DMT), has issued a circular addressing the safe use of gas cylinders at construction sites.  The Gas Safety Committee was established in response to an initiative by the Department of Energy – Abu Dhabi, to assess the safety of liquefied petroleum gas systems in buildings across the emirate. One of the committee’s aims is to ensure the safety of its supply and usage by coordinating efforts, reviewing procedures and establishing standards for gas supply and installation activities, in order to prevent gas-related accidents in the Emirate. The Committee ......read more

Abu Dhabi's Non-oil Economy Expands 7.7% in Q3 and 8.6% in First 9 Months of 2023…

• Abu Dhabi’s non-oil GDP surges by 7.7% in Q3 and 8.6% in first 9 months of 2023 • Construction activity grows at a positive rate of 14.3% in Q3 2023 y/y • Total real GDP expands by 2.8% over the first nine months in 2023   29 December 2023, Abu Dhabi, United Arab Emirates: The Statistics Centre - Abu Dhabi (SCAD) has reported a substantial 7.7% growth in the real non-oil GDP of Abu Dhabi during the third quarter of 2023, in comparison to the same period in 2022. This growth is attributed to the success of Abu Dhabi’s comprehensive strategies aimed at fortifying its standing as a prominent economic powerhouse.   Preliminary estimates released by SCAD reveal that most of non-oil activities have sustained growth rates, contributing 52.8% to the overall economy. Despite fluctuations in ......read more

ENEC and China National Nuclear Corporation Sign MoUs to Explore Potential Collaboration on new Nuclear Energy Plants in Third Countries…

- MoU will see ENEC and CNNC work together – both companies have delivered some of the newest nuclear energy plants globally to decarbonize their power sectors. - ENEC and CNNC will also work together to identify potential cooperation in the development and deployment of High Temperature Gas Cooled Reactors (HTGR)  - Global sentiment for nuclear energy at a new high as nations look to this important source of clean electrons and molecules for energy security and sustainability    Abu Dhabi, UAE – 15 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a new Memorandum of Understanding (MoU) with China National Nuclear Corporation (CNNC). The two organizations will collaborate on identifying potential development and co-investment opportunities for new international nuclear energy ......read more

ENEC, EPRI Collaborate on Report Highlighting Nuclear's Role in Decarbonization Efforts…

Abu Dhabi, UAE – 14 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and independent, global energy R&D institute EPRI, have collaborated on a report that outlines decarbonization pathways for the upstream process in the oil and gas industry with the use of nuclear energy.  While the global community is increasingly focused on reducing dependence on fossil fuels, these resources are anticipated to remain integral to the global economy for several decades. Fossil fuels not only provide essential feedstock for the chemical and plastics industries but also serve as a reliable, on-demand energy source for sectors where electrification poses significant challenges. Approximately 8% of global greenhouse gas emissions are directly attributed to oil and gas production activities. Therefore, decarbonizing these ......read more

ENEC and X-energy Partner to Explore Deployment of Advanced Nuclear Energy Technology…

- ENEC and X-energy to assess viability of X-energy’s nuclear technology for the UAE market, and explore development partnerships in the UK and Europe, and a regional deployment framework for the Middle East, Africa, and Indian subcontinent - Partnership to explore ’Green molecule’ production, including hydrogen, and application for energy intensive and hard-to-abate sectors    Abu Dhabi, UAE – 11 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with X-energy, a leading American developer of advanced small modular nuclear reactors and fuel design engineering company, to collaborate on the advancement of nuclear energy technologies. The Memorandum of Understanding (MoU) was signed at COP28 and comes in line with ENEC’s recently ......read more

ENEC and Egypt's Nuclear Power Plants Authority Sign MOU at COP28 for Cooperation on advancing Peaceful Nuclear Energy Use…

- ENEC and Egypt’s NPPA to explore potential opportunities to support decarbonization of power sectors and heavy industries   Abu Dhabi, UAE – 09 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and Egypt’s Nuclear Power Plants Authority (NPPA), the owner and operator of Egypt’s first nuclear energy plant have signed a Memorandum of Understanding (MoU) at COP28. The MoU sets the framework for the two entities to explore opportunities of cooperation in advancing the use of peaceful nuclear energy. The MoU was signed by His Excellency (H.E.) Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, and Professor Dr Amged El-Wakeel, Board Chairman of NPPA, as global leaders and stakeholders gather at COP28 to advance climate action and policies, furthering the goals of the ......read more

UAE Announces the first Women in Nuclear Middle East Chapter to enhance the Women's Role in Advancing Nuclear Energy and achieving Net Zero…

- Egypt joins the UAE in the Win Middle East Chapter which is open for other regional countries - WiN Middle East chapter aligns with COP28 goals to increase gender equality within sustainability and decarbonization strategies  - ENEC continues to build capabilities and skills of women to play key roles across nuclear science, engineering, and technology -  Female experts are driving innovation and inspiring young women through the UAE Peaceful Nuclear Energy Program  Abu Dhabi, UAE -08 November 2023: The UAE announced today the launch of the Women in Nuclear (WiN) Middle East Chapter. The Chapter was announced at COP 28 by His Excellency Mohamed Al Hammadi, Managing Director and Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), Dominique Mouillot, President of WiN Global, and Dr Sama ......read more

Renewables Receive Major Boost with Pledges to IRENA's ETAF Platform Exceeding USD 4 Billion…

By surpassing its COP28 target fourfold, the Energy Transition Accelerator Financing Platform (ETAF) signals strong momentum for renewable energy financing in developing countries   Dubai, United Arab Emirates, December 5, 2023 – Today, with the addition of four new partners, financial pledges towards the International Renewable Energy Agency’s (IRENA) ETAF platform reached USD 4.05 billion, surpassing its original target for COP28 by more than fourfold.   The platform, established in 2021 with support from the United Arab Emirates, aims to scale up renewable energy projects that contribute to Nationally Determined Contributions (NDCs) in developing countries, while also bringing benefits to communities through enhanced energy access and security, and promoting economic growth and ......read more

ENEC and Westinghouse Sign MOU for Advanced Nuclear Reactor Technologies at COP28…

ENEC and Westinghouse will explore the potential technical and commercial deployment of the eVinci microreactor in the UAE and overseas to support achieving Net Zero by 2050   Abu Dhabi, UAE – 05 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and Westinghouse, an international leader in designing, developing and deploying commercial nuclear energy facilities, have together signed a Memorandum of Understanding (MoU) regarding the eVinci™ microreactor as a key solution for tackling the dual challenges of energy security and climate change. The MoU signing took place at COP28 between HE Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC and Patrick Fragman, President and CEO of Westinghouse, as world leaders gather in the UAE for a global stocktake on the next round of urgent ......read more

GREE Unveils Revolutionary Solar-Powered VRF System at COP28, Paving the Way for Sustainable HVAC Solutions in the UAE…

This new product line offers cutting-edge solutions that can run directly on solar power, setting the stage for sustainability in the heating, ventilation, and air conditioning (HVAC) industry Dubai, UAE (November 2023): As the world gathers for COP28 in Dubai, a pivotal moment in the global fight against climate change, GREE, the world’s best-selling HVAC manufacturer as per Euromonitor, takes centre stage by unveiling its groundbreaking Solar VRF (Variable Refrigerant Flow) air conditioning system. With its capability of running fully on solar power, this product launch not only marks a significant stride in the HVAC industry but also underscores GREE’s commitment to providing sustainable solutions that align with the environmental goals of COP28. Setting the stage for sustainability in the HVAC industry; GREE is ......read more

ENEC and GE Hitachi Sign MoU for Potential Investment and Deployment of Small Modular Technology as part of ENEC ADVANCE Program…

- MoU focuses on potential opportunities for GE Hitachi’s BWRX-300 technology advancement in the Middle East and Africa - The collaboration strengthens the UAE’s position as a leader in clean energy transition and SMR technology deployment globally   Abu Dhabi, UAE – 03 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with GE Hitachi Nuclear Energy (GE Hitachi). The MoU will identify opportunities for future investment in Small Modular Reactor (SMR) technology development to further consolidate the UAE’s position as a pioneering leader in nuclear innovation, and nuclear energy technology deployment globally.   The MoU is part of the new ENEC ADVANCE program, which aims to expedite and centralize the UAE’s approach to ......read more

Mubadala Energy Partners with Pertamina Geothermal Energy and Chevron to Explore Geothermal Opportunities in Indonesia…

Joint Study Agreement in line with Mubadala Energy’s strategy to play an active role in the energy transition by exploring investments in new energy sectors 14 November 2023 - PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia. The JSA was signed during President Joko Widodo’s visit to the United States and witnessed by the Deputy Coordinating Minister for Maritime & Investment Affairs, Jodi Mahardi , Ambassador of The Republic of Indonesia for United States of America, Rosan Roeslani, President Director & CEO PT Pertamina (Persero), Nicke Widyawati and Country Manager Chevron Indonesia, Wahyu ......read more

Global Satellite Operators' Association Releases Code of Conduct on Space Sustainability…

13th November 2023 – The Global Satellite Operators Association (GSOA) today released its Code of Conduct on Space Sustainability, calling on operators to implement responsible practices that mitigate the risk of in-orbit collision, minimize the threat of non-trackable debris, protect humans in space and limit effects on optical astronomy.    Satellite communications services provide essential connectivity that complements terrestrial networks and contributes to the delivery of universal service and coverage.  Satellite connectivity can significantly help reduce today’s digital divide, as the number of satellite broadband users is set to double to at least 500 million people by 2030.   “Satellites in all orbits deliver vital satellite connectivity and high throughput broadband services. ......read more

ADNOC Drilling and Alpha Dhabi to Establish Strategic Partnership…

Joint Venture to create dedicated platform targeting global investments in technology-enabled oilfield and energy service companies  Innovative partnership underpins ADNOC Drilling’s market-leading position as an integrated drilling services provider, powering its growth and expansion strategy Partnership highlights Alpha Dhabi's dedication to diverse and innovative ventures  Strategic collaboration between two leading Abu Dhabi entities with complementary capabilities to accelerate domestic economic development and diversification Abu Dhabi, UAE – November 10, 2023: ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) and Alpha Dhabi Holding PJSC (‘’Alpha Dhabi’’) (ADX: ALPHADHABI) have agreed ......read more

Using Energy at the Right Time can Save 40 Million Tons of CO2 Emissions Annually in the UK & EU, new Whitepaper Reveals…

New study by Danfoss shows roll-out of demand-side flexibility technology can achieve annual societal cost savings of €10.5 billion by 2030, and 7% savings on electricity bills for households Regional President at Danfoss Turkey, Middle East, and Africa, praises GCC's leading role in global green climate initiatives, stresses the need for energy efficiency solutions   A new analysis commissioned by Danfoss reveals that an ambitious but realistic roll out of demand-side flexibility technology in the EU and UK can save 40 million tons of CO2 emissions each year by 2030, more than Denmark’s domestic climate footprint. Additionally, the EU and UK can achieve an annual societal cost savings of €10.5 billion by 2030 and €15.5 billion by 2050. These savings already account for the majority of ......read more

Hitachi Energy acquires eks Energy…

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Dubai - October 31, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider. The investment also marks the establishment of a strategic partnership with Powin, who maintains a significant ownership stake in eks Energy. As the world transitions to more renewable energy sources, the global demand for battery energy storage systems (BESS) continues ......read more

EMICOOL Honored with Platinum Award at Global ESG Awards for Notable Water Conservation Initiatives…

Dubai, UAE 26th Oct 2023: Emirates District Cooling Company (EMICOOL), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis, a leading global investor in sustainable infrastructure has been recognized with the prestigious Platinum Award at the Global Environmental, Social, and Governance (ESG) Awards. The accolade celebrates EMICOOL's outstanding contributions to water conservation and sustainable practices within the community. Global ESG Awards, recognizes pioneers and celebrates companies at the forefront of fostering sustainable development and awards winners in categories aligned with the 17 UNSDGs. The key highlight of the award included EMICOOL’s water efficiency project that has made a profound and lasting impact, reiterating the ......read more

Dubai Autodrome Eliminates the Equivalent of 965 Trucks in CO2 Emissions as It Accelerates Sustainability Efforts…

• In its first full year of operations, the venue eliminated 4,544 metric tons of CO2 emissions through its state-of-the-art solar panels project – coinciding with one of its busiest motorsport seasons.   • Almost a quarter of Dubai Autodrome’s total solar energy was put back into Dubai's electricity grid, benefiting communities across the UAE.     Dubai, 25 October 2023: As part of its ongoing efforts to be a sustainable venue, Dubai Autodrome eliminated 4,544 metric tons of CO2 emissions through its solar panels project in the last 12 months, while almost a quarter of its total annual unused solar energy was put back into Dubai’s electricity grid to help serve the UAE’s communities.    The figure is the equivalent of the removal of 965 trucks from roads ......read more

Hitachi Energy Passes 150 GW in HVDC Links Integrated into the Power System, Expands Capacity to Meet Accelerating Energy Transition Demand…

• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships   • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy                 Dubai - October 24, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has enabled more than 150-gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the power system – sufficient to meet the peak power demand for Japan. The announcement follows the delivery of the first power from Dogger Bank, the world's largest offshore wind ......read more

ADNOC Gas Signs $500-700 Million LNG Supply Agreement with JERA Global Markets…

Agreement reinforces ADNOC Gas’ position as a global LNG export partner of choice   Agreement builds on the long-standing energy partnership between the UAE and Japan and underscores the Company’s growing global presence, particularly in the Asian LNG market  Latest agreement brings the total value of LNG supply deals since ADNOC Gas’ listing in March this year to between $9.4 billion and $12 billion    Abu Dhabi, UAE – October 17, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, today announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), ......read more

MMEC Mannesmann Signs MoU with Linde Group to Enhance the Growth of the Gas and Renewable Energy Sectors in Abu Dhabi…

Abu Dhabi, UAE - 4 October: MMEC Mannesmann, the leading Emirati company specializing in the oil, gas, mining, and renewable energy sectors, has signed a Memorandum of Understanding (MoU) with Linde Group. This MoU outlines a collaborative framework between the two parties, focusing on providing innovative solutions and services that contribute to enhancing growth in the oil, gas, and renewable energy sectors in Abu Dhabi. The MoU was signed during MMEC Mannesmann's participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2023), in the presence of His Excellency Alexander Schonfelder, the Ambassador of the Federal Republic of Germany to the UAE. Eng. Anas Al Juaidi, CEO of MMEC Mannesmann, and Mr. Steffen Richter, Head of Cluster Middle East and Türkiye at Linde Group, and several officials and ......read more

Under the Framework of the Abu Dhabi Mangrove Initiative, Mubadala Energy Joins Environment Agency – Abu Dhabi's Commitment to Nature-Based Solutions, Planting 700,000 Mangroves…

Company also signs Abu Dhabi Mangrove Initiative Pledge, launched by the Environment Agency – Abu Dhabi to support a range of mangrove and blue carbon conservation initiatives. Abu Dhabi – 3 October, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, has announced a major commitment to enhancing the role of nature – based solutions by planting 100,000 mangroves a year until 2030. The company is one of the first to join forces with the Environment Agency -Abu Dhabi (EAD) and its Abu Dhabi Mangrove Initiative to accelerate conservation and research efforts around mangroves, supporting the UAE’s net zero goals and the Mangrove Alliance for Climate (MAC).  The ADMI Partner’s Pledge signed by Mubadala Energy establishes a framework to help conserve and restore mangroves and other ......read more

ADNOC Gas Awards $615m Contract for One of MENA's Largest Integrated Carbon Capture Projects…

Company awards EPC contract for carbon capture units at the Habshan gas processing plant, part of ADNOC’s wider carbon management strategy Project to capture and permanently store up to 1.5 million tons of carbon dioxide per annum as ADNOC builds unique platform to connect sources of emissions and sequestration sites Over 65% of the contract value to flow back into the UAE’s economy through ADNOC’s ICV program Abu Dhabi, UAE – October 3, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, announced today it has awarded a $615 million (AED2.26 billion) Engineering, Procurement and Construction (EPC) contract to Petrofac Emirates for constructing carbon capture ......read more

EGA Achieves Another Summer of Zero Heat-related Illnesses…

United Arab Emirates, 3 October 2023: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced today the company achieved zero heat-related illnesses for the second summer in a row. Heat-related illness is a hazard for anyone working outside in the UAE summer, and can be fatal if left untreated. EGA’s industrial processes generate additional heat, and must operate around the clock every day of the year. EGA has developed its system to combat heat-related illness over more than a decade. The company's annual ‘Beat the Heat’ programme is a comprehensive, summer-long effort across all EGA’s operations. Employees are trained to recognise early signs of heat stress in themselves and their colleagues, and are empowered and equipped to take ......read more

DP World Celebrates Gold Win for Pioneering Rooftop Solar Power Programme at Gulf Sustainability Awards 2023…

Largest distributed rooftop solar project in the Middle East with over 157,000 solar panels receives recognition for outstanding environmental sustainability efforts Dubai, UAE, October 3, 2023: DP World, a leading provider of global end-to-end supply chain solutions, was awarded Gold in the Environmental Sustainability Programme category at the Gulf Sustainability Awards 2023 in recognition of its dedication to enabling sustainable transformation through its Solar Power Programme.    DP World’s Solar Power Programme is the largest rooftop solar photovoltaic (PV) programme in the GCC, and the largest distributed rooftop solar project in the Middle East. The programme has seen the installation of over 157,000 solar panels across the expansive 57 square kilometres of the Jebel Ali Free Zone (Jafza) and Port Rashid on ......read more

Kanoo Energy Takes Center Stage at ADIPEC 2023 with Next-Gen Energy Solutions…

• Pioneering the path with a robust focus on decarbonization and state-of-the-art technology.   27th Sep, 2023, Abu Dhabi, UAE - Kanoo Energy, Part of Kanoo Industrial & Energy, is all set to participate in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. From October 2nd to 5th, at stand 12330 in hall 12 explore a realm of innovative technology solutions tailored for the Oil and gas and petrochemical sectors.   As the UAE gears up for COP28, there is an abundance of palpable energy in the air. Kanoo Energy is committed to its vision for cleaner skies, a robust economy, fortified energy security towards the energy trilemma, and a cascade of socio-economic benefits. Kanoo Energy, with its storied legacy of championing renewables and sustainability, stands at the forefront of ......read more

Adnoc Distribution Board Approves $350 Million (Aed1.285 Billion) Interim Cash Dividend for First Six Months of 2023, Equivalent to 10.285 Fils per Share…

• Company’s dividend policy sets a minimum dividend of $700 million (AED2.57 billion) for full-year 2023, subject to shareholder approval    • Since its IPO in 2017, ADNOC Distribution has consistently delivered attractive shareholder returns and has paid a total of $3.7 billion (AED13.6 billion) in dividends   • The deadline for purchasing shares to qualify for interim dividend payment is 3 October 2023     Abu Dhabi, UAE – September 26, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today announced the Board of Directors’ approval of an interim dividend of $350 million (AED1.285 billion) for the first six months of 2023, ......read more

UAE-France Energy Days: Edition 7 Brings Energy Industry Leaders Together for Collaborative Exchange…

Abu Dhabi, UAE – 22 September 2023: Reinforcing bilateral collaboration and strategic partnerships between the UAE and French energy companies was discussed during the 7th edition of the UAE-France Energy Days held on 13 September in Dubai and 14 September in Abu Dhabi 2023. In Abu Dhabi, the event was attended by senior officials from ADNOC’s upstream and downstream businesses, including Borouge. Other prominent energy players, such as Total Energies, Vinci Energies, and Fives Group, participated in the conference and presented cutting-edge engineering solutions covering a wide range of areas including renewable energies, industrial and environmental offerings, safety and maintenance, logistics, operational excellence, and training services, among others.    H.E. Nicolas Niemtchinow, French Ambassador to the ......read more

More than 250 Organisations Call for Transformative Target to Triple Renewable Power Capacity by 2030…

A global multi-stakeholder coalition highlights the urgency of action on the energy transition required from world leaders as they gather in New York with just 73 days to go until COP28   18 September 2023 | Companies and organizations representing a market value of more than $12 trillion, responsible for the majority of global renewable energy deployment and from all six populated continents have published an open letter to world leaders calling for a target to triple renewable energy capacity to 11,000GW by 2030 to be agreed at COP28 later this year.    The call for action comes from a diverse cross-section of stakeholders in the energy sector: international governmental organizations, producers, buyers, supply chain actors, civil society, environmental groups and youth. Around half of the signatories are based in ......read more

Motul Launches NGEN Range of Engine Oil in ME, Merging Performance with Sustainability…

The significant step towards showcasing a resolute commitment to sustainability, while keeping Motul’s legacy of high-performance oils in the market, reduces carbon footprint significantly in the manufacturing process. Dubai - September 12th, 2023: Motul, one of the world’s leading companies specializing in the formulation, production, and distribution of high-tech engine oils, has announced the launch of its NGEN range of engine oil in the Middle East. Motul aims to tackle new challenges in the marketplace with this new engine oil that combines sustainability and high performance.  The NGEN range is made of bio-sourced and premium regenerated base oils for passenger hybrid cars and motorbikes, respectively. The lubricant range made from renewable, non-fossil sources limits Motul’s environmental impact and ......read more

G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption…

Leaders at the G20 Summit Agree to Triple total Renewable Energy Capacity and Underscore Global Need for Over USD 4 Trillion of Annual Investments Until 2030   Abu Dhabi, UAE 11 September 2023 - G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets.    In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India's G20 Presidency, titled "Low-Cost Financing for Energy Transitions", which estimates a need for over USD 4 trillion in annual investments by 2030.   According to IRENA’s “World Energy Transitions Outlook 2023”, released earlier this year in June, the ......read more

Joint Committee for Security & Safety Launches Survey to Promote Safety Compliance & Awareness at Petrol Stations…

•The bilingual survey targets all users and visitors of petrol stations across the UAE. •Comprehensive survey features nine sections, divided between two key aspects: awareness and commitment. Dubai, September 5, 2023 The Joint Committee for Security and Safety, represented by the Ministry of Energy and Infrastructure, the General Command of Civil Defense at the Ministry of Interior, and its strategic partners, has launched a comprehensive survey to measure the level of public awareness and compliance with security and safety protocols as part of the joint national awareness campaign for security and safety at gas stations 2023. The awareness campaign, which is set to run until September 25th, 2023, was carried out in partnership with prominent entities such as Emirates National Oil Company (ENOC), Abu Dhabi ......read more

Trina Solar Empowers Saudi Arabian Desalination Plant with Vertex N 700W+ Series Modules…

Dubai, UAE – 30 August 2023 – Trina Solar, the leading global PV and smart energy total solution provider, has successfully powered a groundbreaking desalination plant in Jubail, Saudi Arabia, with its cutting-edge Vertex N 700W+ series solar PV modules. The photovoltaic power station, boasting a substantial installed capacity of 45.5 MW, was recently integrated into the grid through the expertise of SEPCOIII, a subsidiary of Power China. The Jubail 3A Independent Water Plant, located in the eastern city of Jubail, represents Saudi Arabia's pioneering leap into large-scale integrated water desalination bolstered by solar energy. This innovative project serves as a landmark in the country's sustainable energy journey, generating electricity to fulfill 20% of the plant's daily energy requirements. Notably, it is ......read more

Renewables Competitiveness Accelerates, Despite Cost Inflation…

Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report   Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to ......read more

UN Declares IRENA's Founding Date as International Day for Clean Energy…

IRENA endorses UN resolution proclaiming 26th January as International Day of Clean Energy, calling it a meaningful step towards achieving a just and inclusive energy transition.   Abu Dhabi, United Arab Emirates, 25 August 2023 – Today, the United Nations General Assembly (UNGA) has adopted a resolution proclaiming the 26th January as the International Day of Clean Energy, the anniversary day of the founding of the International Renewable Energy Agency (IRENA) in 2009. By selecting the 26th January, the 193 Member States of the UNGA acknowledge IRENA’s leading role in accelerating the global, renewables-based energy transition.   Welcoming the UN resolution, IRENA Director-General Francesco La Camera said: “It is with much enthusiasm that I applaud the UN and its Member States, including the United ......read more

Partnership Forged to Accelerate the Energy Transition: Hitachi Energy and Google Cloud Combine Energy and Digital Expertise to Advance Sustainability Initiatives…

● First solution from partnership delivers comprehensive Energy Planning and  Trading data  ● Advanced data analytics, generative AI drives faster, more complete view of  energy information      Dubai: August 25, 2023 - Hitachi Energy, a global technology leader advancing a sustainable energy future for all, and Google Cloud have signed a strategic agreement to collaborate and co-create on multiple cloud software products and services designed to support the global energy transition. The first demonstration of the joint value of the relationship, Hitachi Energy’s Velocity Suite Power Prices, is now available on the Google Cloud Marketplace.     The launch of Velocity Suite Power Prices marks the first milestone in the Google Cloud and Hitachi Energy ......read more

Mubadala Energy's 2022 Sustainability Report Signals its Intensified Focus on Decarbonisation Initiatives…

Latest report covers key Environment, Social and Governance (ESG) priorities with notable enhancements on GHG emissions and energy intensity performance indicators. Abu Dhabi, 9th  August 2023:  Mubadala Energy, the Abu Dhabi-based international energy company, has today released its latest Sustainability Report. In a pivotal year for the company in which it launched a new strategy focused on expanding its business in low-carbon solutions supporting the energy transition, and unveiled a new name and brand, the company recorded substantial progress on key ESG priorities, guided by its sustainability strategy. Although 2022 saw unprecedented disruptions in the global energy industry, Mubadala Energy’s focus on embedding sustainability across its business resulted in its enhanced performance across several of its ......read more

Hitachi Energy Selected for Multi-Project Agreement to Secure Large-Scale Renewable Integration in Scotland…

Five large HVDC systems in Scotland will transmit wind power to the south, playing a key role in the UK’s energy transition Dubai, July 31, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by SSEN Transmission, part of the UK energy giant SSE plc, to supply multiple onshore high-voltage direct current (HVDC) converter stations to accelerate the integration of bulk renewables into the UK power grid. The agreement includes the deployment of up to five HVDC “power corridors,” or electricity transmission superhighways, to enable large amounts of future renewable power to be transported from northern Scotland to areas of higher consumption in the south. Each of these connection systems has a capacity of up to 2 gigawatts (GW) and a ......read more

Mubadala Energy and Pertamina Collaborate on Carbon Capture, Utilization and Storage Applications in Indonesia…

Collaboration will focus on CCUS, in line with Mubadala Energy’s commitment to delivering its low carbon energy strategy Abu Dhabi– 25 July, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, and Pertamina, the Indonesian state-owned integrated energy company, have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage (CCUS) applications in Indonesia.  In line with Mubadala Energy’s commitment to play an active role in the energy transition and explore new energy solutions including CCUS, the partnership will see both companies cooperate to conduct joint studies and, potentially, business development activities in this strategic area of carbon mitigation.  The agreement ......read more

Mubadala Energy and Masdar Collaborate on Decarbonization and Energy Transition Initiatives…

Collaboration set to leverage expertise to accelerate decarbonization of Mubadala Energy’s portfolio in line with energy transition strategy, and explore growth in targeted new energy investments Announcement comes as the United Arab Emirates prepares to host COP28, and supports the country’s net-zero and sustainability commitments. Abu Dhabi – 17 July, 2023:  Mubadala Energy, the Abu Dhabi-based international energy company and the Abu Dhabi Future Energy Company (Masdar) have entered into an agreement to explore and potentially engage in opportunities relating to decarbonization and energy transition initiatives. The partnership will see both companies jointly explore collaborations that leverage Mubadala Energy’s deep technical capabilities across its operated and non-operated portfolio, ......read more

‘Water Security & Clean Energy Forum' Drives Climate-Tech Action in Abu Dhabi…

Advanced Technology Research Council, Department of Energy Join Forces to Resolve UAE’s Complex Water and Energy Challenges   Abu Dhabi-UAE: July 11, 2023 – Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch the Water Security & Clean Energy Forum. This transformative initiative brings together government and private sector entities to address the pressing water and energy challenges faced by Abu Dhabi and the wider country.     In line with the UAE’s Year of Sustainability, the forum convened industry regulators, operators, scientists, ......read more

Other Top Stories from Energy, Oil & Gas
 
Annual Renewable Power Must Triple by 2030…

 IRENA’s World Energy Transitions Outlook calls for annual renewable power additions of 1,000 GW by 2030 to keep 1.5°C climate target within reach   Abu Dhabi, United Arab Emirates, 22 June 2023 – In the first volume of the World Energy Transitions Outlook (WETO) 2023 released today, the International Renewable Energy Agency (IRENA) identifies the way forward to ......read more

Rosneft CEO Igor Sechin discusses Energy Industry Prospects…

Sechin also presented a roadmap for improving the efficiency of the Russian energy sector in the face of unprecedented external challenges Dubai, June 19, 2023 – An Energy Panel was held as part of the XXVI St Petersburg International Economic Forum and Rosneft's Chief Executive Director Igor Sechin gave the keynote speech at the event. In his report "Sodom and Gomorrah in ......read more

Hitachi Energy Wins Order for First Subsea Electricity Interconnection between France and Spain…

HVDC link improves the security and quality of power in the region, advancing the integration of emission-free energy Dubai, June 19, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture bringing together operators of the Spanish (Red ......read more

Final Unit of the Barakah Plant Commences Operational Readiness Preparations…

- Unit 4 will now undergo national and international pre-operational assessments in preparation for receipt of Operating License and Fuel Load - The three commercially operating Units at Barakah, delivered in three consecutive years, are already generating more than 30TWh of zero-emission electricity all year round. - Unit 4 is the 4th and final unit to be added to deliver 25% of the ......read more

UAE Nuclear Sector Receives Further Capability Boost with Group of Nuclear Energy Professionals ...…

Abu Dhabi, UAE, 2 June 2023: Back in 2009 when the Emirates Nuclear Energy Corporation was formed, the UAE was without a single nuclear energy engineer. ENEC wasn’t concerned however, as it followed the UAE’s leading approach to developing the national talent, and with it the national intellect, it would need to ensure the sustainable success of its civil nuclear energy program. Fast ......read more

Trina Solar Tripled South Africa Sales Volume of Panels in Q1 2023 Compared to Full Year of 2022…

Announcement of New Office and Warehouse opening in South Africa Dubai, United Arab Emirates – Trina Solar, the world's leading provider of PV and smart energy total solutions, has responded to the growing demand in South Africa by expanding its operations. With continuous investment in the South African market over the years, the company has recently opened a new office in ......read more

IRENA Council Assesses Energy Transition Progress Ahead of COP28…

Representatives from 113 Countries and the European Union discuss steps to accelerate the energy transition pathway at IRENA’s 25th Council Meeting   United Arab Emirates, 23 May 2023 – The International Renewable Energy Agency (IRENA) convened Members in Abu Dhabi today for its twenty-fifth Council meeting to outline actionable steps to accelerate a just and inclusive energy ......read more

Hitachi Energy, the Partner of Choice for Largest-ever HVDC Wind Energy Project in U.S.…

The SunZia Transmission Project, enabled by HVDC Light®, links New Mexico’s wind farms to Arizona’s grid, increasing renewable energy to the Western States.  SunZia Transmission will utilize the same corridor as the Western Spirit Transmission line, which was developed by Pattern Energy UAE, Dubai, May 14, 2023 – Hitachi Energy, a global technology leader that ......read more

Energy Industry and Technology Leaders gather in UAE to Tackle Hydrogen's unanswered Questions ...…

MoIAT launches the “Technology for Climate Action” dialogues initiative ahead of COP28 to deep dive into key enabling climate technologies Policymakers, energy companies, academics, tech firms, industrial corporations and investors gather at UAE Climate Tech to address barriers to unlocking hydrogen economy as part of the first dialogue. Abu Dhabi, UAE. 11 May 2023 – ......read more

ENEC Signs Memorandums of Understanding with key Chinese Nuclear Energy Organizations during ...…

 ENEC MD & CEO H.E. Mohamed Al Hammad, the president of WANO, visited its Shanghai branch office and received updates on their latest activities   Abu Dhabi, UAE – 7 May 2023: The Emirates Nuclear Energy Corporation (ENEC) has announced the signing of three Memorandums of Understanding (MoU) with the Nuclear Power Operations Research Institute, the China National Nuclear ......read more

MBM Holding Signs an MoU with Portland Holdings Investco Limited to Collaborate in Nuclear Medicine ...…

- The partnership aims to address global challenges, including the treatment of cancer cells and climate change   Dubai, UAE – 18 April 2023: UAE-based company MBM Holding signed a memorandum of understanding (MoU) with Portland Holdings Investco Limited, a Canadian investment company based in Ontario, to collaborate on co-investments and partnerships across various fields, ......read more

South Energy Installs Solar Panels across 10 Buildings at Sakany, Provides 35% Clean Energy from ...…

Dubai, United Arab Emirates, 4 April 2023: South Energy, a leading energy provider, has announced the successful installation of solar panels across 10 buildings at Sakany, the first leasehold staff accommodation development at Dubai South, with a capacity of 933 kWp. 35% of the buildings’ consumption will be supplied by clean energy generated from the solar plant. The new initiative by ......read more

Trina Solar and Al-Raebi Signed 500MW Deal for Yemen Market…

5-year partnership agreement will help power houses, C&I and utility projects in Yemen Dubai, UAE: 23 March 2023 - Trina Solar and Al-Raebi for Trading (Al-Raebi) signed a 5-year partnership agreement to supply 500MW of module shipments for the Yemeni market. Trina Solar will supply Al-Raebi with 100MW of its n-type i-TOPCon cell technology modules in 2023. The 5-year agreement will cater ......read more

Research Reveals Energy Concerns Impacting Business Competitiveness, the Workforce and ...…

• 92 percent of business leaders surveyed believe that fluctuating energy costs and instability still pose a threat to business competitiveness • Impacts on the workforce include reductions in investment in recruitment, training, development, and salaries • Four out of five are also concerned about the security of energy supply, with over half highlighting the impact on their ......read more

Adnoc Distribution Reinforces Commitment to Growth in 2023 and Approves Amendment to Dividend ...…

Dividend of AED 1.285 billion (10.285 fils per share) approved for H2 2022 to bring total 2022 dividend to AED 2.57 billion (20.57 fils per share) General Assembly also approves changes to the dividend policy setting 2023 at a minimum of AED 2.57 billion (20.57 fils per share) Following the successful completion of its acquisition in Egypt, ADNOC Distribution to rebrand flagship service ......read more

Ministry of Energy and Infrastructure Discusses Key Maritime Projects Proposed for COP 28…

 Al Mansouri: COP 28’s success is an overall National responsibility that requires the participation and contribution of the government and private sectors, all of society, as well as cooperation with international partners. We extend an open invitation to all to join hands to make COP 28 a successful and distinguished event  Al Malek: The UAE follows a practical and ......read more

Hitachi Energy to Supply the UAE's First Charging Infrastructure for Electric Truck Fleets…

Fast-charging Grid-eMotion® Fleet will help the country progress towards its goal of net-zero emissions by 2050 Dubai, United Arab Emirates, February 21, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has won an order from Admiral Global DMCC, a Dubai regional headquartered e-mobility and energy solutions provider for industries, to ......read more

ADNOC Distribution Reports Strong 2022 Earnings with Ebitda of AED 3.52 Billion and Net Profit of ...…

UAE’s largest fuel and convenience retailer reports Y-o-Y growth in EBITDA by 15% and Net Profit by 22%, with total fuel volumes increasing by 8% and commercial volumes up by 19% during 2022 ADNOC Distribution maintained growth momentum throughout Q4 2022 by opening 21 new UAE service stations, expanding local network beyond 500 sites mark Non-fuel retail transactions increased by 15% ......read more

Dubai Supreme Council of Energy highlights importance of energy retrofits and building retrofit ...…

January 31, 2023: The Dubai Supreme Council of Energy (DSCE) conducted an awareness workshop for Dubai Government entities, during which it highlighted in detail the importance of energy retrofits associated with financing solutions and DSCE Directive No. 1 of 2015 regarding building retrofits and audits for government entities. Additionally, DSCE invited Etihad and the Department of Finance ......read more

Middle East Embracing Major Multi-Billions Energy Sector Transition, Says New Report…

• Middle East Energy Outlook Forecasts Tapering Down of Regional Demand  • Region Set For Investment In Future-Proof Tech To Deliver Resilience & Cost Efficiencies   Dubai, UAE – 23 January 2023: The Middle East is now embracing a major energy sector transition towards a decentralised, decarbonised, and digitalised future with regional nations looking to ......read more

Adnoc Distribution to Decarbonize Operations and Reduce Carbon Intensity by 25% by 2030…

Company to cut emissions, install solar panels at service stations and use biofuels to power its fleet of vehicles New sustainability milestones unveiled during Abu Dhabi Sustainability Week will future proof ADNOC Distribution’s business and deliver sustainable long-term shareholder value  ADNOC Distribution becomes first UAE fuel retailer to tap into sustainability linked ......read more

ADSW 2023 Highlights Role of Private Sector to Sustain UAE's $43bn Investment in Clean Energy…

• Sustainable financing solutions help in funding transformative green projects and to accelerate the private sector’s energy transition   UAE - Dubai 19, January 2023 – The UAE is investing heavily in environmentally friendly energy projects and witnessing significant increases in its clean energy production. The nation’s commitment is exemplified through ......read more

IBM and MBZUAI advance AI for Climate and Culture…

AI Center of Excellence will focus on finding carbon neutral solutions for existing energy resources and improving access to new AI technologies for Arabic speakers    Abu Dhabi, United Arab Emirates, January 18, 2023 - Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in collaboration with IBM (NYSE: IBM) formally launched an AI Center of Excellence on Tuesday, January ......read more

His Excellency Mohamed Al Hammadi: Barakah Plant is a Catalyst of Innovation in the Clean Energy ...…

January 17, 2023:  His Excellency (HE) Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC) commented on the importance of the visits of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Yoon Suk Yeol, President of the Republic of Korea, to the Barakah Nuclear Energy Plant. The visit represents the ......read more

Hitachi Energy and Sun Africa and UGT Renewables to help Accelerate the Energy Transition…

The strategic collaboration will provide fully financed utility-scale solar photovoltaic plants to speed up progress to net zero. Dubai, January 13, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has signed a memorandum of understanding with Sun Africa and its sister company, UGT Renewables, to collaborate ......read more

Trina Solar Maintains AAA Ranking In Latest PV ModuleTech Bankability Ratings…

Dubai, UAE – 10, January 2023: Trina Solar has maintained its AAA status for the third consecutive quarter in the PV ModuleTech bankability rankings released by PV Tech for Q4 2022. The company’s continued presence within the highest category validates its ongoing high performance level in manufacturing capacity, technology innovation, product shipments and financial status and ......read more

The National Water and Energy Center- UAEU, and the Fujairah Research Center conducts research on ...…

Al Ain, January 6th, 2023: The National Water and Energy Center at the United Arab Emirates University, in cooperation with the Fujairah Research Center and the Fujairah Environment Authority, conducted water resources- related studies in the Emirate of Fujairah. This research is aligned with the UAE Water Security Strategy 2036, which aims to ensure the sustainability of water during natural ......read more

Hitachi Energy to help French City of Clermont-Ferrand Electrify its Bus Network and Progress ...…

Grid-eMotion® Flash will help to reduce emissions, traffic and noise in the metropolitan area and create a better quality of life for people   Dubai, UAE - December 20, 2022 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, recently announced it has won an order to supply its Grid-eMotion® Flash ultrafast charging system ......read more

Energy Efficiency is the Best Way for Industry to Cut Costs and Reduce Emissions Right Now…

• ABB UAE hosts an energy efficiency symposium in Dubai with industry and infrastructure leaders. • Improving energy efficiency will reduce energy bills and emissions substantially in the short- to mid-term, without compromising productivity • Industry is the world’s largest consumer of electricity, natural gas and coal, and accounts for 42 percent of electricity ......read more

Emirates Climate Change Council Explores Progress on Local Climate Initiatives, Development of ...…

Abu Dhabi-UAE: 14 December, 2022 – The Emirates Climate Change Council held its second meeting of 2022. Presided over by Her Excellency Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, the gathering reviewed the progress of national climate initiatives and discussed the next steps. The Minister said: “The UAE has presented a leading model of tackling the ......read more

Ministry of Energy and Infrastructure Launches First-of-its-kind Service Manual, using Augmented ...…

The Ministry was keen to present its services using advanced methods and technologies to enhance awareness of the added value of its various services across five different sectors      Abu Dhabi, UAE - 12th December 2022: In line with its vision to be a leader in customer service, the Ministry of Energy and Infrastructure (MOEI) launched its government service manual that is ......read more

National Bank of Fujairah Leading by Example on Sustainability…

Industry-leading products, services and internal initiatives reducing carbon footprint and environmental impact Supports the UAE Energy Strategy 2050 to transform the national economy 12 December 2022: National Bank of Fujairah (NBF) is putting sustainability at the heart of its Environmental, Social and Governance (ESG) agenda, taking decisive action both externally and internally to ......read more

Veolia Joins BEEAH Group and Masdar to Operate and Maintain Region's First Waste to Energy Plant…

Sharjah, UAE, 5 December 2022: Veolia Near & Middle East, the global leader in optimised resource management, BEEAH Group, the Middle East's sustainability pioneer, and Masdar, the global leader in renewable energy solutions, have formed a joint venture to operate and maintain the Sharjah Waste to Energy Plant – the region's first of its kind at commercial-scale. The ......read more

Alfa Laval Supplies Heat Exchangers to the World's Largest Green Hydrogen Plant…

Alfa Laval has signed an agreement to deliver compact heat exchangers to the world’s largest green hydrogen plant, which is to be constructed in the Middle East. The facility, powered by renewable energy, will be part of the city of Neom, built from scratch in the northwestern desert, with the ambition of establishing a new model for sustainable living. According to International Energy ......read more

Exalto Emirates supports UAE Energy Strategy 2050 through Enviro-friendly Products at ADIBS 2022…

The company aims to enable the sustainable development of Abu Dhabi’s leisure marine sector through its distinctive capabilities and comprehensive range of marine products from globally renowned brands Abu Dhabi – 27th of November 2022: In line with its support to the UAE Energy Strategy 2050, Exalto Emirates showcased some of its most advanced and enviro-friendly marine products ......read more

Trina Solar Announces Its Q3 2022 Financial Results…

Achieving Revenue of USD 8.8 Billion and Module Shipments of 28.79GW  Dubai, UAE - 22 November 2022: Trina Solar (688599.SH), a leading global PV and smart energy total solutions provider, reported its third quarter 2022 financial results on October 30, announcing revenue of about USD 8.8 billion (RMB 58.2 billion) in the first three quarters, up 82.56% year-over-year.  Trina ......read more

Empower: District Cooling Contributes to Combating Climate Change…

Dubai – UAE, Thursday, November 18, 2022:  Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, underscores, on the occasion of the 27th UN Climate Change Conference of the Parties (COP27), which is being held in the Egyptian city of Sharm El-Sheikh from 6 to 18 November, that adopting environmentally friendly ......read more

Trina Solar's Vertex Modules Receive Carbon Footprint Certificate by TÜV Rheinland…

Dubai, UAE - 15 November, 2022: Trina Solar’s Vertex modules were recently awarded Carbon Footprint Certificate by TÜV Rheinland. The products cover a full range of 210mm P-type solar modules from Vertex S 410W to Vertex 670W, with industry-leading carbon emissions ranging from 395kg/kW to 430kg/kW, 30kg/kW to 40kg/kW lower compared with high-efficiency modules in the market. The ......read more

ADNOC Distribution Announces Record Earnings for First Nine Months of 2022…

• The UAE’s largest fuel and convenience retailer reports 26% year-on-year growth in EBITDA and 39% in net profit • Total fuel volumes up 7%, with a 9% increase in non-fuel retail gross profit, driven by customer-centric initiatives and higher traffic at stations • Continued growth momentum with 47 new stations opened since the beginning of the year with about 80% of ......read more

Hitachi Energy Provides Highly Secure, Always-on Connectivity to Enable Grid Modernization and ...…

The compact TRO610 industrial wireless router increases field asset and application visibility to enable greater grid stability and enhanced customer services Dubai, November 3, 2022 – Hitachi Energy today introduced the TRO610 cellular router that provides state-of-the-art communications and cybersecurity, purpose-built to support industrial internet of things (IIoT) applications for ......read more

ENEC and Atlantic Council sign three-year Agreement for Nuclear Energy Collaboration…

 The agreement highlights ENEC’s commitment to broadening the global dialogue on the role of nuclear energy in decarbonizing the energy sector, support the clean energy transition and tackle the climate change.       01, November 2022: The Emirates Nuclear Energy Corporation (ENEC) has signed a three-year agreement with the Atlantic Council to collaborate ......read more

Hitachi Energy focuses on advancing a Sustainable Energy future at ADIPEC 2022…

Hitachi Energy’s leading-edge solutions are contributing to UAE’s ‘2050 Net-Zero Initiative’   Abu Dhabi – November 1, 2022: Hitachi Energy, a global technology leader that is advancing a sustainable future for all, will present a broad portfolio of leading-edge technologies and services for the energy transition at the Abu Dhabi International Petroleum ......read more

Abu Dhabi's World Future Energy Summit To Provide Crucial Sustainability Blueprint As COP28 Looms ...…

• World Future Energy Summit 2023 to unlock timely business opportunities and energy innovation as region’s COP27 and COP28 hosting drive Summit Expansion • Returning Climate and Environment Expo & Forum to showcase practical solutions around pressing issues  • Hydrogen Innovation Hub joins Summit line-up, providing a dedicated space to showcase the potential ......read more

Energy World To Descend On Abu Dhabi For ADIPEC 2022 To Tackle Challenge Of Energy Security and ...…

• ADIPEC 2022 to take place in Abu Dhabi as industry and governments work to achieve energy security and advance climate goals at the same time.   • Record number of government ministers to attend ADIPEC, which is focused on the theme: ‘The Future of Energy: Secure, Affordable and Sustainable’   • During ADIPEC week United Nations Environment ......read more

Abu Dhabi Department of Energy inks MoU with Cyber Security Council to bolster security of the ...…

Abu Dhabi, United Arab Emirates - 14 October 2022: The Abu Dhabi Department of Energy (DoE) announced today that it had signed a Memorandum of Understanding (MoU) with the Cyber Security Council, aimed at enhancing security of the UAE’s energy sector. The DoE will cooperate with other Abu Dhabi government entities in an effort to improve government performance, within the fast-paced digital ......read more

Over 40 Global Ministers To Speak At ADIPEC 2022…

• Global policymakers attending ADIPEC 2022 in record numbers, including eight ministers from the MENA region   • UAE and Abu Dhabi at the heart of the global dialogue on the future of energy through influential events like ADIPEC, as it prepares to host COP28 in 2023   • More than 350 sessions to spotlight ADIPEC 2022 theme: ‘Shaping the Future of ......read more

Yellow Door Energy Closes $400 Million Equity Raise To Develop Sustainable Energy Projects In MEA…

Leading sustainable energy partner for businesses to deploy over $1 billion worth of projects in the Middle East, Africa and beyond Dubai, UAE – October 12, 2022: Yellow Door Energy (“YDE”), the leading sustainable energy partner for businesses, has today announced the closing of a new equity raise to continue its development of sustainable energy projects in the Middle East, ......read more

Hitachi Energy Is Ahead Of Schedule With Its Purpose-driven Growth Plan…

Hitachi announced acquisition of remaining shares from ABB ahead of schedule further supporting Hitachi Energy's 2030 Plan   Dubai: October 01, 2022 - Hitachi Energy Ltd ("Hitachi Energy") today announced that Hitachi, Ltd. (TSE: 6501, "Hitachi") has signed a share transfer agreement for the remaining 19.9% shares from ABB Ltd (SIX: ABBBN, "ABB"), ......read more

ADNOC Diadnoc Distribution Board Approves AED 1.285 Billion Interim Cash Dividend For First Six ...…

Company’s dividend policy sets a dividend of minimum AED 2.57 billion (20.57 fils per share) for full-year 2022 Final day for purchasing shares to fulfil eligibility for interim dividend payment is 5 October 2022 The policy reflects the company’s strong financial position and cash gen-eration ability   Abu Dhabi, UAE – 28 September 2022: ADNOC Distribution ......read more

ISO Annual Meeting 2022 In Abu Dhabi Ends With Call To Harmonize Standards To Drive Positive, ...…

Ministry of Industry and Advanced Technology calls on standardization bodies to build on outcomes and takeaways of the ISO Annual Meeting 2022 Egypt, Brazil, Costa Rica and Italy join ISO Council, Dr. Sung Hwan Cho announced as President-elect More than 5,300 delegates took part in over 30 thematic sessions and workshops exploring how standards can support trade, economic growth, and climate ......read more

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