Saadiyat

Abu Dhabi issues first district cooling licence to Saadiyat Cooling

The licence was issued to provide services to Saadiyat Island, including Saadiyat Beach, and Saadiyat Cultural District

UAE’s ADNOC keen to explore hydrogen market with India’s public, private sectors

Dr. Al Jaber said the UAE is well placed to capitalise on the potential of Hydrogen as a zero-carbon fuel

Dubai’s ENOC Group opens two new service stations in Sharjah

There are now seven ENOC service stations in Sharjah

Revealed: Top 5 most powerful Arabs in Qatar

The highest ranked Arabs originating from Qatar in Gulf Business’ annual Arab power list

Empower

Dubai’s Empower awards contracts worth Dhs217m in Q1 2021

The contracts were awarded primarily for the development of company’s district cooling infrastructure in Dubai

Revealed: Top 5 most powerful Arabs in the UAE

The highest ranking entries originating from the UAE in Gulf Business’ annual Arab power list 2021

Abu Dhabi oil giant ADNOC considers drilling, fertilizer IPOs

Deliberations on the potential listings are ongoing and no final decisions have been made

Oil steady near $59 as Fed’s Powell points to economic growth

Futures in New York traded near $59 a barrel after dropping 3.5 per cent last week

UAE’s Mubadala may join $12bn Aramco oil pipelines deal

Mubadala is in talks with US investor EIG Global Energy Partners, the lead member of the consortium

ACWA Power inaugurates kingdom’s first renewable energy project

The project was awarded to an ACWA Power led consortium

Aramco selling $12.4bn stake in pipeline rights unit

The deal is part of Saudi Arabia’s drive to open up to foreign investment and use the money to diversify its economy

Masdar Azerbaijan solar power

UAE’s Masdar inks deal for mega solar power project in Azerbaijan

The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership

SirajPower signs 7 MWp solar power deal with Al Shirawi Group

The solar rooftop project will produce 10.6 GWh of clean energy annually

Dubai’s ENOC to invest Dhs250m in digital transformation push

ENOC’s growth strategy will focus on enhancing its business and operations through digitalisation

Apollo is said to lead buyout group for $10bn Aramco deal

The buyout firm’s consortium will include US and Chinese investors

Abu Dhabi summit: Regional leaders pledge to accelerate progress on climate action

A total of 11 countries have signed a group statement to ensure the success of the Paris Agreement

Ether reaches record after Visa move, Mark Cuban comments

The digital token for the Ethereum network has nearly tripled this year

Saudis hike oil prices for key Asia market in sign of confidence

Aramco will increase its grades for Asia in May by between 20 and 50 cents a barrel

Oil climbs above $60 as OPEC+ faces critical decision on supply

Data from the US and Asia do bolster the case for OPEC+ to loosen the taps

Injazat, Lamprell announce joint venture for digital energy solutions

JV launches with initial funding of $7m split equally between the partners

Dubai Centre for Waste Processing

Dubai to build one of the world’s largest energy-from-waste projects

A consortium of companies will build and operate the Dhs4bn Dubai Centre for Waste Processing

Abu Dhabi makes bid to create new global oil benchmark

ADNOC began trading Murban futures on an Abu Dhabi exchange on Monday

UAE fuel prices

UAE hikes fuel prices for April 2021

It is the second straight month that prices have risen in the UAE

Kuwait’s state oil company to seek up to $20bn of funding

Oil accounts for 90 per cent of Kuwait’s revenue

Oil bounces back as US supply report hints at demand revival

A US inventory report showed domestic fuel consumption is at the highest in four months

Top UAE power producer joins global peers in renewables push

About 30 per cent of Taqa’s total generation will be made up of solar or wind plants

Abu Dhabi

Abu Dhabi’s Mubadala signs MoU with Snam to explore hydrogen-focused projects

The two entities will carry out technical and economic feasibility studies to explore potential projects promoting hydrogen development in the UAE and elsewhere

Aramco aims to partner with China on blue hydrogen, CEO says

Aramco is looking to work with China on blue hydrogen and ammonia, synthetic fuels and carbon capture utilization and storage

Abu Dhabi utility Taqa to weigh sale of oil and gas assets

Taqa built its oil and gas unit mostly through acquisitions

ADNOC Distribution

UAE’s ADNOC Distribution changes share dividend policy

It confirmed a minimum Dhs2.57bn dividend for 2022