The system improves grid automation, fault detection, retrieval of connections and supports DEWA’s efforts to maintain supplies
Oil is up almost 50 per cent this year
The Alpha Dhabi subsidiary will build solar photovoltaic power generation plants in Libya and sell the net delivered energy to the Libyan government
German and Emirati companies signed memorandums of understanding in March for shipments from the Gulf state of blue hydrogen in the form of ammonia
To translate ambition into delivery, companies need to adopt a mindset that we call visionary pragmatism and get five things right
The bonds were largely issued as part of TAQA’s Global Medium Term Note Programme and are listed on the London Stock Exchange
Oil markets remain in backwardation, a bullish pattern that’s marked by near-term prices trading above longer-dated ones
ExxonMobil will own 25 per cent of a joint venture with QatarEnergy, with the venture in turn holding 25 per cent of the North Field East project
ADNOC will hold a 43 per cent controlling stake in Masdar’s new green hydrogen joint venture, Mubadala will retain a 33 per cent interest, and TAQA will hold a 24 per cent stake
Oil markets remain in backwardation, a bullish pattern in which near-term prices command a premium to longer-dated ones
The UAE is the first country in the Middle East to join the international Partnership for Hydrogen and Fuel Cells in the Economy
The Italian company will take a 3.1 per cent a stake in the project
The UAE is the first country in the Arab region to operate a nuclear power plant
Oil is still up more than 50 per cent this year after rebounding demand combined with upended trade flows
Crude has climbed more than 50 per cent this year
The share sales are part of Oman Investment Authority’s plan to exit state assets in a bid to bolster the country’s coffers and expand its stock exchange
The MENA region is well-positioned to supply around 10-20 per cent of the global hydrogen market by 2050, with the GCC and North Africa set to become global export hubs
Crude has rallied about 60 per cent this year as an economic rebound coincided with upended trade flows
As alternatives, ENOC has switched to more sustainable items such as paper bags, wooden straws, water dispensers with reusable bottles and recyclable lids
US inflation accelerated to a fresh 40-year high last month, raising the likelihood of more aggressive interest-rate hikes from the Federal Reserve
TotalEnergies will own 25 per cent of a joint venture with QatarEnergy, with the venture in turn holding 25 per cent of North Field East
Electrification has now spread to all segments of road transport, opines Bloomberg columnist Colin McKerracher
Consumption in top importer China is expected to rise as it lifts strict Covid restrictions
The UAE is the third largest producer in OPEC
Saudi Arabia sends more than 60 per cent of its crude exports to Asia, with China, Japan, South Korea and India being the biggest buyers
The food waste plan was created in partnership with Sharjah’s Beeah Group
The real timesaver would be installing turbines more quickly
Private equity firms, principal investors, and SWFs in the region need to respond to rapidly evolving societal goals and expectations on sustainability
The retail offering, which attracted higher retail demand than any UAE IPO in nearly 20 years, was 74 times oversubscribed
The next meeting will be held on June 30, 2022