INSEAD Day 4 - 728x90

Energy

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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...

UAE’s nuclear authority takes stock of cooperation agreements

Federal Authority for Nuclear Regulation’s Board of Management also approved MoU with the Ports, Customs and Free Zone Corporation.

A project to extract water from air at Masdar soon

It will evaluate the performance of US-based water technology firm AQUOVUM’s Atmospheric Water Generation technology.

Israel blames Iran for deadly attack on oil tanker off Oman

The Islamic Republic "is not only Israel's problem, but it is the world's problem. Its behaviour threatens the freedom of...

Two dead in attack on Israel-linked oil tanker off Oman

Analysts said the attack bore all the hallmarks of tit-for-tat exchanges in the "shadow war" between Israel and Iran  

France’s 1960s nuclear tests in Algeria still poison ties

Between 1960 and 1966, France conducted 17 atmospheric or underground nuclear tests deep in the Sahara desert of Algeria.

India, UAE agree on extending energy relations

India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri,  makes courtesy calls to his counterparts in major oil...

UN commission pays $600 million to Kuwait oil firm for Iraq invasion losses

The UN Compensation Commission is to pay another $1.1 billion to the Kuwait Petroleum Company as compensation.

Remote monitoring, AI: New additions to RTA’s toolkit

RTA has collaborated with Alibaba Cloud to start trial of ‘City Brain’, which analyzes big data and can eventually improve...

DEWA commissions 3 new substations costing $11.70m

Courtesy DEWA, World Bank says firms in UAE can get electricity in the shortest time in the world

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...

Company News

Latest News

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...

Germany to shut down last three remaining nuclear plants

At a time when many Western countries are ramping up nuclear power in their transition to greener energy sources, Europe's...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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.

Iran working on key pipeline to supply gas to Oman

Reza Noshadi, who heads the National Iranian Gas Company’s engineering subsidiary, said that Iran will be able to export gas...
  • In June last year, Oman and Iran signed deals to develop two gas pipelines and an oil field along their maritime border
  • Oman has close ties with Iran and played a mediating role between Tehran and Washington in the build-up to the nuclear deal in 2015

Iraq, Kurdish region sign accord to resume oil export

The deal, thrashed out in talks between federal and regional officials, spells the end of independent oil exports by the...
  • The agreement was signed in Baghdad in the presence of Prime Minister Mohamed Shia al-Sudani and Kurdish premier Masrour Barzani.
  • The deal comes two days after Iraq, Saudi Arabia and several other major oil exporters announced a sharp reduction in their production from May.