50 oil and gas companies pledge to cut operational emission in COP28 meet
DUBAI, UAE - Fifty oil and gas companies representing 40 percent of global production pledged to decarbonize their operations by 2050...
COP28 UAE
COP28 puts spotlight on state oil giants
Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but...
Abu Dhabi Ports plans uninterrupted gas supply for customers
The system modernization will take place over the next several months as part of a continuous comprehensive zone development plan.
Business
Middle East’s largest wind farm produces first carbon-free MWh
The project, Saudi Arabia's first, is being developed by leading renewable energy companies EDF Renewable and Masdar.
- The project, Saudi Arabia's first, is being developed by EDF Renewable and Masdar.
- On completion, the farm will power about 70,000 Saudi households.
Iran nuclear talks could resume in September: EU
Talks have been happening since April in Vienna to find a way to bring both sides back into full compliance
- Talks have been happening since April in Vienna to find a way to bring both sides back into full compliance
- The last round took place on June 20 with no date set for when they would continue. The EU chairs the meetings
G7 blames Iran in deadly tanker attack, US releases ‘evidence’
The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday
- The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday
- Iran has strongly denied having any link to the attack on the M/T Mercer Street
TAQA, Emirates Steel to manufacture MENA’s first green steel
The project will save energy while creating a sustainable and clean manufacturing process, says TAQA.
ADNOC sells its first cargo of blue ammonia to Itochu
The sale was made in partnership with Fertiglobe, which will produce blue ammonia at its Abu Dhabi plant for delivery...
Emerson to set up solar rooftop plant at Dubai head office
This is expected to be the largest solar rooftop plant in a single location within the Jebel Ali Free Zone.
Iran builds energy port on Persian Gulf for $350 million
Iran built the port to reportedly expedite the export of petroleum products from the South Pars energy hub, which the...
Iran rejects Israel’s ‘baseless accusations’ over ship attack
The MT Mercer Street, managed by prominent Israeli billionaire Eyal Ofer, was struck on Thursday off the coast of Oman,...
Engie roped in for energy-efficiency project at Riyadh airport
The project is aimed at reducing energy demand and costs at the airport and ensuring reliable supply through clean and...
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50 oil and gas companies pledge to cut operational emission in COP28 meet
DUBAI, UAE - Fifty oil and gas companies representing 40 percent of global production pledged to decarbonize their operations by 2050...
COP28 UAE
Company News
Ducab partners with Vestas
Business
Latest News
UAE launches its second nanosatellite DEWA SAT-2
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) successfully launched its second nanosatellite, DEWA SAT-2, aboard SpaceX’s Falcon 9...
Science
Nuclear power reactors to shut down in Germany
BERLIN, GERMANY - Germany will switch off its last three nuclear reactors on Saturday, exiting atomic power even as it seeks...
Geostrategy
ADNOC L&S to deploy five very large gas carriers
ABU DHABI, UAE - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced on...
Business
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Business
DEWA approves payment of US$1.29bn in dividend to shareholders
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) which is listed on the Dubai Financial Market (DFM) on Monday...
- DEWA general assembly was chaired by Matar Humaid Al Tayer, Chairman of the Board of Directors of the utility.
- Saeed Mohammed Al Tayer, MD and CEO of DEWA and members of the Board of Directors also took part in the meet.
Business
SDF signs $240m loan pact for Pakistan hydropower project
Dubai, UAE -- The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan's Mohmand...
- The project is co-financed by the Saudi Fund for Development, OPEC, Islamic Development Bank, and the Kuwait Fund for Arab Economic Development.
- By using renewable energy sources, the project will generate 800 MW of electricity production capacity.
Business
DEWA, Siemens Energy discuss enhancing cooperation
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed enhancing cooperation...
- DEWA is implementing clean and renewable energy and water desalination projects.
- The firm attaches great importance to research in sustainable and renewable energy.