INSEAD Day 4 - 728x90

Energy

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

Sharjah varsity-led study points to cheaper, sturdier fuel cells for cars

A study led by the American University of Sharjah has claimed to have improved fuel cells for hydrogen-run cars that...

White House frets anxious about high oil prices

Jen Psaki says there is enough production capacity globally US crude production peaked in Jan 2020 at nearly 13m bpd...

Oil-producing countries postpone decision on output increase

UAE objects to extending of cuts to the end of 2022 as it seeks to grow production Members consider whether...

Maersk to build petrochemicals hub at King Abdullah Port

The port aims to provide logistics services for petrochemical exporters Maersk is investing in 100,000 sq m of warehousing space...

UAE, France team up for research and development in nuclear energy

Exploring the product of green hydrogen powered by carbon-free nuclear energy part of the deal French company EDF owns the...

Saudi Arabia, UAE vying for hydrogen, ammonia exports

Both targeting Japan, a key oil, gas importer Both also eager to get into green hydrogen, ammonia industry   Saudi...

Aramco awards East-West Pipeline compounds contract to special-purpose vehicle

Saudi Aramco has signed a deal for the construction of six residential compounds along the 1,200-km East-West pipeline The contract...

GE to develop Iraq’s power infrastructure, promote clean energy

GE will help Iraq develop power infrastructure It will also promote clean energy in the country General Electric (GE) will...

Blue hydrogen market will only take off after 2030: Aramco tech chief

Aramco tech chief says blue hydrogen production can’t be scaled up before 2030 He believes it works very similar to...

Libya supplies 20% of Hawaii’s crude need

Libyan crude oil has a low sulfur content and is suitable for the production of fuel oils for Hawaiian electrics...

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...

Company News

Latest News

DEWA, Siemens discusses enhancing cooperation

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer discussed the latest advancements...

UK warns against protectionism after US green energy subsidy

London, United Kingdom - Britain on Thursday warned against the threat of protectionism as it slammed the United States for leading...

Petrofac shares surge

Petrofact and Hitachi Energy secured a $14.1bn energy deal.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

European Union deal to nearly double renewable energy by 2030

The provisional political agreement, which was reached after nightlong negotiations between the EU parliament and states, seeks to raise the...
  • The move also comes as the EU has sought to slash its dependence on Russian fossil fuels after Moscow cut gas supplies last year.
  • The figure is a compromise between the 45 percent share for renewables that was sought by EU lawmakers and the European Commission.

Aramco seeks to become China’s all-inclusive energy, chemicals source

Beijing, China - Saudi Arabia's Aramco said it wants to be an all-inclusive source of energy and chemicals for China’s...
  • Aramco CEO said the company is supplying new lower carbon products, chemicals and advanced materials, all supported by emissions reduction technologies.
  • "In particular, we see a major win-win opportunity to build a world-leading, integrated downstream sector in China," he said.

DEWA, UAE energy ministry discuss cooperation for clean energy goals

DUBAI, UAE -  MD & CEO of the Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed consolidating...
  • DEWA’s current capacity has reached 490 Million Imperial Gallons per Day of desalinated water.
  • DEWA is also working to increase the capacity of the transmission and distribution networks.