• Qatar backs joint transition to low-carbon energy

    Eng. Saad bin Sherida Al Kaabi notes that Qatar has consistently underscored its strong and supportive position regarding natural gas as a crucial component of any energy mix aimed at a realistic transition to low-carbon energy. He further mentioned that Qatar views natural gas as the essential means to achieve...
  • Electricity plays key role in making UAE sustainable

    “In the UAE, we recognize the energy security and climate challenges and have devised multiple strategies to make the sector resilient and sustainable. We recently updated the UAE Energy Strategy 2050 to reflect higher ambitions and commitment to addressing the climate and energy crises,” Al Mazrouei adds.
  • Middle East conflict alters regional energy dynamics

    Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact of geopolitics on energy security.
  • BRICS group poised to shape global economy’s future

    “This potential is further amplified by its vast human resources, and cutting-edge technological and industrial capabilities,” he adds, emphasizing that BRICS could shift global focus to urgent matters like climate change, energy security, innovation, and the promotion of investments in emerging technologies.
  • ‘Saudi Arabia committed to peaceful nuclear energy’

    "The Kingdom underscores the need for collective international efforts to enforce the provisions of the Non-Proliferation Treaty and ensure its universal adoption. We also stress the importance of countering nuclear proliferation in the Middle East," the Saudi minister adds.
  • GCC steps up to diversify Europe’s natural gas supply

    Amid Russian-Ukrainian war, Europe aims to diversify its energy sources, with Gulf countries like Qatar, UAE, Oman, and Saudi Arabia offering alternative natural gas options.
  • OFID, partners offer $60m loan to Tanzania for renewable energy

    VIENNA, AUSTRIA -  A new US$60 million loan by the OPEC Fund for International Development (OFID) and partners is expected to significantly strengthen energy security in northwest Tanzania. The project will include constructing a 166km overhead transmission line connecting the Kagera region to the national grid, replacing the current energy...
  • EU boosts 2023 growth outlook for region

    BRUSSELS, BELGIUM -  The European Commission boosted its 2023 economic growth outlook for the eurozone on Monday but it also raised the inflation forecast for the single currency area. The EU executive's spring forecast is more optimistic than that issued late last year, despite inflation proving "stickier than expected" in its...
  • UK, Netherlands vow to build world’s biggest electricity power-line

    The UK and the Netherlands have announced LionLink, a subsea energy link project that will connect offshore wind farms in the North Sea to the two countries. The largest of its kind project in the world is will be operational by the early 2030s and was announced during the North...
  • GE, IRENA sign pact at COP27 to support energy security

    SHARM EL SHEIKH, EGYPT - GE (NYSE:GE) signed a framework agreement with the International Renewable Energy Agency (IRENA) to support both climate change and energy security. The agreement was signed by Francesco La Camera, Director-General of IRENA and Roger Martella, Chief Sustainability Officer of GE at the 27th Conference of...
  • UAE president, Biden meet virtually to discuss energy transition

    The two leaders highlighted the just announced comprehensive UAE-US initiative to accelerate the energy transition.