DEWA’s annual consolidated revenue increased 15 per cent to Dhs27.35bn in 2022
Revenue rose 17 per cent to reach $529m last year, compared to $452m in 2021
State-run energy consultant Engineers India expects to finalise a nearly $25m order for a chemicals and fertiliser plant in Nigeria
Nations should aim to raise spending on technologies including carbon capture, nuclear power and hydrogen, according to Al Jaber
Saudi Aramco increased most of its prices for crude that will be shipped to its main market of Asia in March
Masdar will work closely with the government and other stakeholders in Azerbaijan to accelerate the growth of its renewable energy sector
Domestic manufacturing of these products will support the ‘Make it in the Emirates’ initiative, stimulate industrial growth and create more jobs for UAE Nationals
Energy demand last year reached 53,180 gigawatt-hours, compared to 50,401 gigawatt-hours in 2021
Oil prices have had a rocky start to 2023, with a rally in mid-January fading away by the end of the month
The bilateral initiative, which will officially launched during COP28, will focus on low-carbon hydrogen and sustainable fuel production and their respective value chains
Prices were increased by up to 10 per cent
The partnership marks QatarEnergy’s first exploration endeavour in Lebanon
The consortium has zoned in on the methanol-to-jet pathway as its chosen technology route
West Texas Intermediate was little changed above $80 a barrel after declining by almost 2 per cent on Tuesday
The IPO could raise as much as $500m
TotalEnergies holds a 26.55 per cent interest in Block 10, with OQ retaining 20 per cent and Shell holding 53.45 per cent
January 2023 will start with the creation of GE HealthCare, a company which will drive precision health to improve patient outcomes
The firm plans to grow its renewables capacity five-fold by the end of the decade
The companies will explore the possibility of pursuing projects in circular economy initiatives, including plastics production and recycling, sustainable fuels and feedstock
The three entities will explore the development of a new accelerator programme focused on AI to encourage more MBZUAI graduates to start successful businesses
The move strengthens Aramco Trading Company’s global operations and extensive portfolio, giving it incremental access to the largest oil refinery in North America
Masdar will work closely with the Kazakhstan Investment Development Fund Management Company and the Kazakh Ministry of Energy on the project
Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of carbon dioxide
Tech giant Amazon regained top spot from Apple to become the world’s most valuable brand
Construction will be done in phases, starting with the installation of 500 megawatts
The agreements will help develop onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a combined capacity of 4 gigawatts
These agreements fall within the framework of the comprehensive economic partnership signed by the UAE and Japan in September 2022
The project, which is supported by Masdar and due to commence in Fujairah in January, will use 44.01’s prize-winning CCM technology to eliminate CO2 from the atmosphere
Looking ahead, our efforts and investments across the upstream, midstream and downstream segments of the business will continue to drive our strategy in 2023 and beyond
The two leaders witnessed ongoing operations of Units 1 and 2, the completion of Unit 3, and the progress made on the fourth unit