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Featured in Energy, Oil & Gas
Public-Private Partnerships to boost Economic development in the Gulf…

Oliver Wyman releases new report highlighting the impact of PPPs on national infrastructures across major Gulf economies  Dubai, United Arab Emirates, 07 August 2018:  In recent years, since the oil price slump, plans have emerged across the Gulf to curb fiscal deficits and diversify economies, most notably through the development of national infrastructure, highlights a new report by Oliver Wyman.   Titled “How Public-Private Partnerships can support the Gulf’s Economic development,” the report highlights the significance of the private sector’s contribution to the emerging economies. Public-Private-Partnerships (PPPs) stand among the main levers being considered in the Gulf as a means to boost private sector contribution to the economy and to offload some of the financing burden from ......read more

The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018…

Winner(s) will be announced at the “Unlocking Solar Capital: Africa 2018” conference in November Dubai, UAE, August 07, 2018:  Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing support to funding, and commercial and technical knowledge. The initiative held under the theme, “Your Project, Our Expertise, For a Sustainable Future”, will be held in collaboration with Hogan Lovells, responsAbility Renewable Energy Holding, RINA and Solarplaza, and invites PV developers to submit proposals for projects based in sub-Saharan Africa that have a clear Corporate Social Responsibility (CSR) component. Candidates are asked to submit ......read more

Barakah Unit 2 Successfully Completes Significant Pre-Operational Testing…

Unit 2 Hot Functional Test (HFT) completed successfully as part of testing and commissioning in preparation for operation Nawah operators benefit from unique plant operating experience Abu Dhabi, UAE – 6 August 2018:   The Emirates Nuclear Energy Corporation (ENEC) has successfully completed Hot Functional Testing (HFT) on Unit 2 of the Barakah Nuclear Energy Plant. This significant pre-operational testing process incorporated all lessons learned from the same test on Unit 1 in order to achieve the highest international standards of quality, safety and efficiency.   ENEC worked closely with the Korea Electric Power Corporation (KEPCO), the Joint Venture partner and Prime Contractor for the Barakah project, and under the observation of the Federal Authority for Nuclear Regulation (FANR), the ......read more

Tabreed's H1 2018 Net Profit Increases 10% To AED 211.9 Million…

2 August, 2018 – Abu Dhabi, United Arab Emirates:   National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its consolidated financial results for the first half of 2018. The company continues to meet the region’s growing demand for district cooling and deliver solid performance and growth.   Financial highlights – six months ended 30 June 2018: Net profit attributable to the parent increased by 10 per cent to AED 211.9 million (H1 2017: AED 192.7 million) Group revenue increased by 2 per cent to AED 650.7 million (H1 2017: AED 639.2 million) Core chilled water revenue increased by 2 per cent to AED 617.3 million (H1 2017: AED 602.3 million) EBITDA increased by 6 per cent to AED 326.1 million (H1 2017: AED 308 ......read more

Nawah Energy Company Celebrates the Graduation of 195 ‘Energy Pioneers'…

Abu Dhabi, UAE – 25 July 2018:   Nawah Energy Company (Nawah), the nuclear operating joint venture company established by the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), celebrated the graduation of 195 students who are specializing in nuclear energy as part of the ‘Energy Pioneers’ scholarship program. The graduates successfully completed nuclear science and technology focused courses from various institutions of higher education in the UAE and abroad, including Khalifa University (Abu Dhabi), Abu Dhabi Polytechnic, and Pennsylvania State University, Texas A&M University and North Carolina State University in the United States of America.  Nawah Chief Executive Officer, Mr. Mark Reddemann, congratulated the students in his speech, and emphasized ......read more

The Sustainable City further reduces its carbon footprint by adopting B100 Bio-Diesel…

The renewable fuel alternative is manufactured from the used cooking oil produced by restaurants at The Sustainable City Dubai, United Arab Emirates, 18 July 2018:   The Sustainable City, the Middle East’s first fully operational sustainable community, has adopted B100 biodiesel to fuel the construction of the new buildings in phase 2 including Fairgreen International School, Hotel Indigo, and the innovation centre. The renewable fuel alternative is manufactured from the used cooking oil consumed by the restaurants at the community plaza, and will allow The Sustainable City to reduce its carbon footprint by up to 150 tons of carbon dioxide per year during the construction period. Faris Saeed, CEO of Diamond Developers — the company behind The Sustainable City — commented: “As The Sustainable City ......read more

DP World and EGA Sign Important Agreement to Support Aluminium Exports…

New 175,000-square metre facility in Jebel Ali Free Zone to connect to global markets Dubai, United Arab Emirates, 16 July 2018:-   DP World, UAE Region, the Middle East’s leading regional trade enabler, today signed an important Strategic Long Term Service Agreement  with Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, aimed at supporting the UAE’s position as a major exporter of the metal. The agreement extends the strategic partnership between the two companies, facilitating the storage and transportation of aluminium manufactured by EGA. As part of the agreement, EGA is leasing a dedicated storage area that is the largest the company has ever used at Jebel Ali Port and which will further ease the export of EGA’s metal ......read more

Significant Milestones Achieved in Construction of Unit 3 at Barakah Nuclear Energy Plant…

All major concrete work successfully completed at Unit 3 of the Barakah Nuclear Energy Plant Major construction work completed on Unit 3 Turbine Generator and Reactor Vessel (RV) Internals Abu Dhabi, UAE – 10 July 2018:   The Emirates Nuclear Energy Corporation (ENEC) has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi. ENEC has successfully completed the major construction work including major concrete pouring, installation of the Turbine Generator, and the internal components of the Reactor Vessel (RV) of Unit 3, paving the way for the commencement of testing and commissioning.    With the accomplishment of these milestones, construction crews will begin transitioning from Unit 3 to Unit 4, taking ......read more

3rd UAE France Oil and Gas Connecting Days…

Abu Dhabi, June 25-26, 2018 Dubai, United Arab Emirates; July 3, 2018:  Business France jointly with EVOLEN, and the French Business Group hosted the third UAE France Oil and Gas Connecting Days from June 25th to 26th in Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala Petroleum.  This event was launched under the patronage of His Excellency Ludovic Pouille, Ambassador of France to the United Arab Emirates. Following the successful sessions in 2015 and 2017, under the framework of UAE France strategic dialog,  the third UAE France Oil and Gas Connecting Days aims to highlight the strong innovative capabilities of the French industry in Energy and Oil and Gas sectors and to strengthen business relationships in the fields of Oil ......read more

Submissions Open for Oil and Gas Industry's Prestigious ADIPEC Awards 2018 Edition…

ADIPEC Awards Celebrate Excellence in the Petroleum Industry Categories Highlight Outstanding Achievements Shaping the Future in an Evolving Landscape for Hydrocarbons Abu Dhabi, UAE – 3 July 2018 –   Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience of the hydrocarbons sector.   Celebrating achievements across the oil and gas industry, the ADIPEC Awards identify the leading companies, individuals, initiatives, projects and technologies that are shaping the sector’s future, in a changing energy landscape. Entries will remain open until August, and submissions can be made via the ADIPEC website.   “The ADIPEC Awards recognise outstanding people and industry ......read more

FANR Hosts IAEA Nuclear Infrastructure Review Mission…

1 July 2018, Abu Dhabi, United Arab Emirates:   The United Arab Emirates hosted the International Atomic Energy Agency (IAEA) Phase 3 Integrated Nuclear Infrastructure Review (INIR) mission from 24 to 1 July. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and achieve Milestone 3 of the IAEA’s ‘Milestones’ approach to nuclear energy infrastructure development. An international team of ten IAEA and international experts reviewed the UAE’s development since the last INIR mission conducted in 2011. The team focused on the conditions required to achieve Milestone 3, through assessing 19 infrastructure issues as outlined in the IAEA’s ‘Milestones’ approach, a ......read more

RAK Petroleum plc Report on payments to governments for the year 2017…

Dubai, UAE, June 28, 2018:  Introduction and basis for preparation    This report sets out details of the payments made to governments by RAK Petroleum plc and its subsidiary undertakings (‘RAK Petroleum’) for  the year ended 31 December 2017 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the ‘DTRs’)  and in accordance with our interpretation of the draft Industry Guidance issued for the UK’s Report on Payments to Governments Regulations  2014, as amended in December 2015 (‘the Regulations’). The DTRs require companies in the UK and operating in the extractives sector to  publically disclose payments made to governments in the countries where they undertake exploration, prospection, development and ......read more

Siemens to supply three large gas turbines to Dubai…

Dubai, UAE, June 27, 2018:  Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by the Egypt-based company El Sewedy Electric Co SAE (SWDY.CA) through its subsidiary Elsewedy Power. With an electrical generating capacity of about 815 megawatts (MW), the turbines will increase the total output of the power plant complex to more than 2.8 gigawatts (GW). The commercial commissioning of the three gas turbine trains is scheduled for spring 2020.  Siemens' scope of supply encompasses three SGT5-4000F gas turbines, three SGen5-1200A generators and the control system ......read more

Oil rallies on Opec compromise; Metals challenged by dollar and trade war…

Dubai, UAE, June 24, 2018:  The Bloomberg Commodity Index has seen its year-to-date gains disappear following four weeks of heavy selling. The broad-based index, which tracks 22 major commodities evenly split between energy, metals and agriculture, has been hurt by a stronger dollar and trade war angst as well as expectations that Opec+ will increase production in order to cap crude oil’s upside.  The current robustness of the US economy compared with the rest of the world has led to the current divergence in monetary policy between the Federal Reserve and other major central banks around the world. As a result, the global economy, especially emerging market economies carrying a heavy debt load, has seen a more challenging environment as the dollar strengthens and liquidity becomes tighter.  Adding to this, the ......read more

Mubadala Petroleum completes the acquisition of a 10 percent interest in the Shorouk Concession in Egypt…

Abu Dhabi, 20 June 2018:   Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10 percent participating interest in the offshore Shorouk Concession in Egypt, which contains the supergiant Zohr gas field. Following the completion, Eni, through its subsidiary IEOC, holds a 50 percent interest in the concession. The other partners in the concession are BP with 10 percent interest and Rosneft with 30 percent interest.  Dr. Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum signed a deed with Eni completing the sale to Mubadala Petroleum in the presence of the Egyptian Minister of Petroleum, HE Tarek El-Molla, in Cairo.  Dr. Al Katheeri said: “The acquisition of a 10 percent interest in the Shorouk concession with the producing Zohr gas field is a ......read more

National Poll Shows Strong Support for UAE Peaceful Nuclear Energy Program…

The poll on nuclear energy conducted by independent global market research company Nielsen shows that 82 percent of UAE residents are in favor of using nuclear energy for generating electricity - the highest level of support globally Al Dhafra residents show highest acceptance levels in the UAE for the construction of the Barakah plant Abu Dhabi, UAE – 20 June 2018:   An independent national poll on nuclear energy shows the UAE public strongly supports the use of peaceful nuclear energy, with 82 percent of residents in favor of using nuclear energy for generating electricity and 91 percent stating that peaceful nuclear energy is important for the nation. Global figures from similar polls conducted in other countries demonstrate that the UAE Peaceful Nuclear Energy Program enjoys the highest acceptance levels in ......read more

EU Reinforces Position at the Forefront of Global Energy Transformation, Says IRENA…

Abu Dhabi, UAE: 17 June 2018:  Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) has welcomed the European Union’s (EU) decision to increase its renewable energy target from 27 per cent to 32 per cent by 2030, highlighting that the move reinforces the EU’s position at the forefront of energy transformation and reflects the new economics of renewable energy. Responding to the announcement made by the European Commission today, Mr. Amin said: “The EU’s decision to increase its renewable energy target from 27 per cent to 32 per cent by 2030 is a move that consolidates Europe’s position at the forefront of the global energy transformation, and establishes a positive decarbonisation pathway in line with its commitments under the Paris Agreement. “It is also ......read more

Tristar Group's Jebel Ali warehouses receive DMCC's 5-star rating for second and third consecutive years…

Dubai, UAE; June 13, 2018:   Tristar Group’s two warehouses located in the Jebel Ali Industrial Area 1 and 2 were awarded 5-star rating by Dubai Multi Commodities Centre (DMCC) for the second and third consecutive years, respectively.   Shivananda Baikady, General Manager-Road Transport and Warehousing, Tristar, said: “Our specialized warehousing facilities are designed to accommodate and handle dangerous and non-dangerous goods with stringent adherence to health, safety and environmental standards.  We are proud to receive consecutive 5-star rating by DMCC  for our warehouses in Industrial Area 1 and 2. It is a reflection of excellence in our day- to-day operations. The rating is also a sound testament to our best-in-class warehousing service for major oil companies.”   All types ......read more

GCC must make the right decisions to harness the potential of renewable energy…

Renewable energy continues to attract an increasing share of global investment, with annual investments expected to grow by $130 billion, compared to 2016 figures, reaching around $370 billion in 2020.  Developing countries now account for almost half of all renewables investment, although to date there has been modest investment in the GCC Investment in GCC renewable energy could reach $16 billion in 2020 with a cumulative total of $40 billion between 2016 and 2020, provided the correct decisions and policies are adopted The GCC countries have considerable potential for renewable energy deployment Strategy& outlines six part framework for GCC to catch up  Dubai, UAE, June 5, 2018:   The Gulf Cooperation Council (GCC) states show great promise for renewable energy deployment, according to a recent ......read more

Crude spreads widen; gold still looking for a catalyst…

By Ole S Hansen, Head of Commodity Strategy at Saxo Bank Dubai, UAE, June 3, 2018:  Commodities traded lower this past week with losses being led by the energy sector while both the metals and agriculture sectors were mixed. Impacting commodities both directly and indirectly were the unfolding political crises in both Spain and Italy, together with Donald Trump’s decision to slap duties on imports of steel and aluminium from US allies while also preparing a range of tariffs on goods from China.  Both events helped increase stock market volatility while sending core bond yields lower and the dollar higher. At the same time, they also raised additional concerns about the trajectory of global growth, which is already showing signs of slowing.  Crude oil once again attracted most of the headlines as the market ......read more

Nawah Energy Company Enters Next Phase of Preparations for Barakah Unit 1 Nuclear Operations…

All efforts focused on preparations for safety-led nuclear operations of the UAE’s first nuclear reactor in accordance with the highest standards of a  nuclear safety culture and quality assurance Comprehensive schedule review points to start-up of nuclear operations for Unit 1 between the end of 2019 and early 2020  Abu Dhabi, UAE – 26 May 2018:   Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi, has entered the next phase of preparation for nuclear operations. With construction of Unit 1 recently completed by the Emirates Nuclear Energy Corporation (ENEC) and Joint Venture partner, the Korea Electric Power Corporation (KEPCO), Nawah has completed a comprehensive operational readiness review to generate an updated schedule for ......read more

RDIF, Mubadala Petroleum and Gazprom Neft announce a joint venture to develop Siberian oil fields…

Dubai, UAE, May 24, 2018:  The Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) and Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, announce the creation of a joint venture with PJSC Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions. RDIF and Mubadala Petroleum will acquire a 49 percent equity stake in LLC Gazpromneft-Vostok, the operator of the fields. Mubadala Petroleum will hold a 44 percent interest and RDIF will hold the remaining 5 percent interest. Completion of the transaction is subject to customary regulatory and internal approvals. The corresponding agreement was announced today at the St. Petersburg International Economic Forum. Proved and probable reserves of hydrocarbons in the fields are about 40 million tons (approx. 300 ......read more

Strong Global Interest in Tendering Process for Oil and Gas Concessions in Ras Al Khaimah, Reveals Rakpa Chief Executive…

The recently launched licensing round has proven a draw with companies from all over the world thanks to the unique, overall proposition on offer Ras Al Khaimah, United Arab Emirates, 23, May 2018:  With proven hydrocarbon reserves in place, diverse exploration plays, easily accessible existing infrastructure, attractive production sharing terms and commercialization plans, plus a team of international experts already working on the ground, the tendering process to explore for oil and gas resources in Ras Al Khaimah has received positive interest on a global scale. Launched on 1 April 2018 to attract regional and international companies aiming to expand their portfolios in the UAE, the 2018 RAK Licensing Round is proving to be popular, with many firms already taking advantage of the data rooms being facilitated by ......read more

Regulatory Reform Key to Meeting Renewable Energy Targets in Panama…

70% renewables by 2050 target is achievable if regulations adequately reflect contribution of solar and wind power says IRENA  Dubai, UAE, May 23, 2018:  Upgrades to Panama’s regulatory environment and power system management are critical to achieving the renewable energy goals set out in the country’s National Energy Plan, per a Renewables Readiness Assessment Panama report released by the International Renewable Energy Agency (IRENA). The report was launched at high-level event in Panama City today and presented to the country’s Secretary of Energy, Dr. Victor Urrutia. A central recommendation of the report calls for amendments to the country’s regulation of Power Purchase Agreements (PPAs) for variable renewable energy sources, such as solar and wind. Currently, these renewable energy ......read more

Big Oil Production Is Still Growing Despite Capex Cuts…

May 16, 2018, United Arab Emirates:  Since mid-2014, the harsh cyclical downturn in oil prices has tested, and proved, the resilience of international oil majors' integrated business models. S&P Global Ratings recognizes the majors' downstream refining and petrochemical assets provided them with a cushion as cash flows from the upstream businesses, especially straight exploration and production businesses, plunged.  Those downstream businesses have since taken a backseat as higher oil prices, lower costs, and capital expenditure (capex) help upstream performance recover. Nonetheless, one of the concerns arising from the industry downturn has been whether the largest oil companies have been underinvesting, as a result of the huge capex cuts since 2014. In our view, ......read more

Other Top Stories from Energy, Oil & Gas
 
Masdar and Korea Energy Agency to explore renewable energy collaboration and investment…

  Abu Dhabi, United Arab Emirates, 27 March 2018:  Masdar, Abu Dhabi Future Energy Company, announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).  Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer (CEO), and ......read more

Geopolitics lift oil and gold while hurting copper…

  US places $50 billion worth of tariffs on Chinese goods     Sanctions in focus on appointment of Iran hawk John Bolton     Crude oil trades higher, industrial metals retreat Dubai, UAE, March 25, 2018:   Global growth is in the crosshairs as the US and China square off in a trade war.  By Ole Hansen The geopolitical stage looks ......read more

IRENA to Help Deliver Low-Carbon 2022 Winter Olympics in Zhangjiakou, China…

International Renewable Energy Agency to support Zhangjiakou, in Hebei Province,  become China’s first energy transition pilot city Dubai, United Arab Emirates, 24 March 2018:  The International Renewable Energy Agency (IRENA) has today signed a co-operation agreement with the People’s Government of Hebei Province, China to provide the city of Zhangjiakou with a ......read more

Masdar celebrates fifth anniversary of flagship Middle East solar energy project Shams 1…

Abu Dhabi, United Arab Emirates, March 22, 2018:  Shams Power Company, the developer, owner and operator of the UAE’s first large-scale solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month.  Located in Al Dhafra, Abu Dhabi’s western region, the 100 megawatt-capacity (MW) Shams 1 was the largest ......read more

Pegaga Gas Development in Malaysia Approved…

Abu Dhabi, 21 March 2018:  Mubadala Petroleum and its partners PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and Sarawak Shell Berhad have reached the Final Investment Decision for the Pegaga gas field development in Block SK 320, offshore Malaysia. The project will now proceed to the construction and installation stage. Mubadala Petroleum is Operator of Block SK 320 with 55 percent ......read more

Dubai launches an Integrated Energy Efficiency Training Program…

TAQATI, the dedicated Program Management Office for the Dubai Demand Side Management (DSM) strategy and which is set up under Etihad Energy Service Company (Etihad ESCO), entered into a partnership with the British University in Dubai (BUiD) for the Dubai Energy Efficiency Training Program as part of its mandate. Etihad ESCO CEO Ali Al Jassim signed the agreement with BUiD Vice Chancellor Prof. ......read more

ABB records steady growth in the UAE…

Digitalization and clean energy integration transforming the energy landscape in the country Dubai, UAE, March 15, 2018:   ABB, the pioneering technology leader, has recorded steady and sustained growth in the United Arab Emirates in 2017.  “ABB is seeing profitable growth and a huge opportunity in this market as we are partners to both the energy and industrial ......read more

Abu Dhabi Fund for Development Allocates AED64 Million for Two Renewable Energy Projects in ...…

 Dual projects designed to enhance Seychelles' capacity to produce renewable energy from sustainable resources  ADFD-funded energy projects electrify thousands of homes in island nation Abu Dhabi-UAE: 12 March, 2018:   Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced an allocation of AED64.2 million for the ......read more

Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, and Italian ...…

Mubadala Petroleum signs agreement with Italian company Eni to purchase interest in Shorouk Concession • Mubadala Petroleum acquires 10 percent interest in the Shorouk Concession in Egypt   Abu Dhabi, 12 March 2018:  Mubadala Petroleum and Italy’s Eni signed an agreement to purchase a 10 percent stake in the Egyptian Shorouk Concession. The signing ceremony ......read more

Masdar to Install Rooftop Solar PV Systems at Khazna's Masdar City Facility…

Abu Dhabi, UAE, 4 March 2018 –   Masdar, Abu Dhabi Future Energy Company, a subsidiary of the Mubadala Investment Company (Mubadala), today announced that it will install a 290-kilowatt (KW) solar photovoltaic (PV) system to serve the facility of Khazna Data Centres (Khazna) in Masdar City.  In the presence of Khaled Al Qubaisi, Chief Executive Officer, Aerospace, ......read more

Henkel boasts strong sustainability record in 2017…

Sustainability performance improved once more  More than 50,000 employees serving as sustainability ambassadors Partnership launched to stop ocean plastic  Leading positions in international indices and ratings  Dubai, UAE, March 03, 2018:   “In 2017, we made clear progress in implementing our sustainability strategy and reaching our sustainability ......read more

French Electricity expertise to be showcased once again this year at Middle East Electricity'…

Discover French innovations from March 6 to 8 at the French Pavilion, Dubai World Trade Centre Dubai, UAE, March 01, 2018:  Business France is once again presenting the world-class, innovative and dynamic French electricity sector via the French Pavilion at the Middle East Electricity Exhibition from the 6th to the 8th of March. As a key platform for the introduction of new products and ......read more

ENEC Appoints Peter Dietrich as Chief Nuclear Officer…

Mr. Dietrich brings more than 27 years of international nuclear industry experience Abu Dhabi, UAE – 28 February 2018:  The Emirates Nuclear Energy Corporation (ENEC) has appointed Peter Dietrich as the Corporation’s Chief Nuclear Officer (CNO). Mr. Dietrich brings substantial international industry expertise from his 27-year career in the nuclear sector.  The position ......read more

Awareness: The key to unlocking benefits of energy efficiency…

February 24, 2018 - Awareness enhancement is a key impetus for the achievement of the Dubai Demand Side Management (DSM) targets. Behavioral changes are only possible when people and organizations are aware of their energy consumption, and of measures and practices they can adopt to reduce their consumption. Even small changes in seemingly insignificant everyday practices can go a long way in ......read more

Puma Energy Hosts “Be Road Safe” Event in Dubai…

Opportunity to help local truck drivers drive more safely  DUBAI, United Arab Emirates – 22nd February 2018 –   Puma Energy, the global integrated midstream and downstream energy company, hosted its first Be Road Safe event specifically created for the United Arab Emirates (UAE) in Dubai on Thursday, February 22nd. The event aims to promote the importance of road ......read more

ENEC Demonstrates Commitment to Environmental Protection and Sustainability during Visit by UAE ...…

Al Zeyoudi: The Barakah Nuclear Energy Plant will contribute to meeting the UAE Energy Strategy and the realization of the UAE’s voluntary commitments to the Paris Agreement The project will improve air quality by cutting down up to 21 million tonnes of carbon emissions every year Abu Dhabi-UAE – 21 February 2018 -   His Excellency Dr Thani bin Ahmed Al Zeyoudi, ......read more

Renewable energy prospects for the European Union…

Dubai, UAE, February 20, 2018:  For more than two decades, the European Union (EU) has been at the forefront of global renewable energy deployment. The adoption of long-term targets and supporting policy measures has resulted in strong growth in renewable energy deployment across the region, from a 9% share in gross final energy consumption in 2005 to 16.7% in 2015. The REmap study by the ......read more

French Electricity expertise to be showcased once again this year at Middle East Electricity…

Discover French innovations from March 6 to 8 at the French Pavilion, Dubai World Trade Centre Dubai, United Arab Emirates, 15 February 2018 –   Business France is once again presenting the world-class, innovative and dynamic French electricity sector via the French Pavilion at the Middle East Electricity Exhibition from the 6th to the 8th of March. As a key platform for the ......read more

WGS 2018: DEWA Is Shaping the Future of Utilities with an Innovative and Holistic Approach…

His Excellency Saeed Mohammed Al Tayer: Dubai is a global model for clean energy and green economy  Dubai-UAE: 14 February, 2018 –  A holistic view of the energy sector is driving innovation at the Dubai Electricity and Water Authority (DEWA), said His Excellency Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of DEWA, on day three of the sixth World ......read more

Global energy shifts set to transform the Middle East energy sector…

Recent A.T. Kearney report released during the World Government Summit identifies three key steps required for the Middle East to prepare for the future of energy   Dubai, United Arab Emirates 13 February 2018 —   Growing global diversification of the energy mix and an increased share of natural gas, renewables and electrification, is challenging conventional ......read more

Renish Group appoints new CEO for Southeast Asia to strengthen presence in the region…

February 05, 2018 – Industry experts are optimistic that the oil and gas storage industry in some key global markets is poised for significant increase driven by strong oil demand, vibrant logistics activity in the oil and gas, and robust international and domestic trade activities. The international oil storage sector is projected to rise at a compound annual growth rate of 4.2 per cent ......read more

Al Naboodah Group Enterprises expands into solar energy…

Under recently-launched Al Naboodah Electrics, the new business is dedicated to providing renewable energy solutions in partnership with Jakson Group  Dubai, UAE, January 05 2018 –   Al Naboodah Group Enterprises (ANGE), one of the UAE’s oldest and most respected family conglomerates with a diverse portfolio of businesses, is entering the solar energy space with the ......read more

UL's Global Energy Experts Educate Audience at 2018 World Future Energy Summit in Abu Dhabi…

Experts cover the latest international best practices in drone safety standards, energy storage solutions and risk management for solar and wind projects at WFES. Abu Dhabi, February 04, 2018 —   UL (Underwriters Laboratories, a safety science leader, introduced a team of energy experts from across the globe to a captivated audience at the World Future Energy Summit (WFES) in ......read more

Rosatom showcased innovative energy technologies and solutions at the World Future Energy Summit in ...…

January 29, 2018,  Abu Dhabi –   Rosatom participated in the World Future Energy Summit (WFES) that took place in Abu Dhabi, UAE, on January 15-18.  The WFES is the foremost global annual event dedicated to advancing renewable energy and clean technologies. The Summit is traditionally held as part of Abu Dhabi Sustainability Week, under the patronage of His Highness ......read more

ADNOC Distribution to open 13 new stations in the UAE and KSA in 2018…

3 new stations to open in Dubai 3 major station extensions in Abu Dhabi Abu Dhabi, UAE – January 24, 2017: ADNOC Distribution, the UAE’s leading fuels and convenience retailer, has announced plans to open at least 13 new service stations in 2018 including, for the first time, sites in Dubai and the Kingdom of Saudi Arabia.    Three new service stations are ......read more

Investments Exceeding USD 15 Billion Announced During World Future Energy Summit 2018 in Abu Dhabi…

Ground breaking technology on show from 850 exhibiting companies from 40 countries  Major water security milestones and investments announced for Abu Dhabi at International Water Summit USD 45 million worth of contracts signed by Tadweer at EcoWASTE Exhibition  Abu Dhabi, 22 January 2018:   More than USD 15 billion worth of projects and funding was announced at the ......read more

Abu Dhabi Quality and Conformity Council Awards Emirates Motor Company First Abu Dhabi ...…

Abu Dhabi-UAE:21 January 2018 –  Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has awarded Emirates Motor Company (EMC) the first Abu Dhabi Certification for Electric Vehicle Supply Equipment.  EMC, the authorised distributor of Mercedes-Benz in the emirate of Abu Dhabi and the ......read more

Nawah Energy Company participates in Climate Innovation Exchange (CLIX)…

Al Suwaidi: we are committed to implement international best practices to preserve the environment    20 January 2018, Abu Dhabi, UAE:  H.E. Engineer Awaidha Murshed Al Marar, Chairman of the Department of Energy, met with executives and directors of several national energy companies participating in the Climate Innovation Exchange (CLIX), an international platform based ......read more

Masdar Institute and Cleanergy Partner in Research on Thermal Energy Storage for the Cleanergy ...…

Dubai, UAE, January 18, 2018:  Renewable energy solutions that can deliver on-demand electricity and store energy when renewable resources are available, is the key component for transitioning into fossil fuel-free power generation. Masdar Institute of Science and Technology, which is part of the Khalifa University of Science and Technology, and the Swedish solar technology company Cleanergy ......read more

IHG® partners with Global EVRT for ‘Electric Vehicle Road Trip Middle East 2018'…

Dubai, United Arab Emirates, 17 January 2018:   InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has partnered with e-mobility think tank Global EVRT for the ‘Electric Vehicle Road Trip Middle East 2018’, starting on January 18th with an inaugural event at Crowne Plaza® Abu Dhabi – Yas Island. The collaboration will ......read more

Major Business Deals Announced on Day Two of World Future Energy Summit in Abu Dhabi…

Tadweer signs waste contracts worth AED165 million at EcoWASTE Exhibition Abdul Latif Jameel Energy Secures Financing for Mexican Solar Farm that will Power 150,000 Homes Abu Dhabi Water and Electricity Authority launches tender for world’s largest reverse osmosis desalination plant ACWA Power announces plans to become first utility scale generator to adopt SolarCoin 17 ......read more

Etihad ESCO selects Siemens & Smart4Power for retrofitting at Dubai International Airport terminals…

Etihad Energy Service Company (Etihad ESCO), a leading energy service company and a wholly-owned subsidiary of DEWA, announced its partnership with Siemens Tech and Smart4Power for the execution of an Engineering, Procurement, Construction (EPC) Project at the Dubai International Airport, which involves the implementation of energy efficiency measures at Terminal 1, Terminal 2, Terminal 3 and ......read more

11th World Future Energy Summit Opens its Doors in Abu Dhabi…

Environment Agency - Abu Dhabi (EAD) and Abu Dhabi Water and Electricity Authority unveil the world’s largest manmade water reserve 16 January 2018, Abu Dhabi:  The World Future Energy Summit (WFES) 2018 today opened its doors to some of the world’s most important sustainability stakeholders at the Abu Dhabi National Exhibition Centre. The event, and its ......read more

Sheikh Mohamed Bin Zayed along with the President of Mauritania and the Crown Prince of Jordan ...…

Abu Dhabi, UAE, 16 Jan 2018 –  His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, presented awards to nine winners of the Zayed Future Energy Prize at the awards ceremony during Abu Dhabi Sustainability Week, marking the historic 10th anniversary of the world’s preeminent sustainability award and ......read more

HH Mohammed bin Zayed attends the Opening Ceremony of Abu Dhabi Sustainability Week…

Abu Dhabi, UAE, January 16, 2018 –   His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today stated that His Highness Sheikh Khalifa Bin Zayed, President of the UAE, has always guided the UAE towards educating young people on the principles of sustainable development, in line with ......read more

MEFMA holds seminar on energy efficiency during kick off of World Future Energy Summit in Abu Dhabi…

January 15, 2018: The Middle East Facility Management Association (MEFMA) today (Monday, January 15, 2018) led a comprehensive seminar on energy efficiency simultaneous with the opening day of the World Future Energy Summit (WFES) at the Abu Dhabi National Exhibition Centre. The seminar which saw the participation of renowned FM experts forms part of MEFMA’s ongoing efforts to integrate ......read more

Empower sheds light on innovation that powers district cooling & district energy in smart cities in ...…

January 15, 2018 - Emirates Central Cooling Systems Corporation (EMPOWER), the world's largest district cooling services provider, shared new insights in innovation in district cooling and its role in developing smart cities at the latest State of Green Economy Report launched on Thursday, (January 11, 2018) at the Jumeirah Emirates Towers. Empower CEO Ahmad Bin Shafar was recognised at the ......read more

ENEC showcases strategic role of nuclear energy at World Future Energy Summit…

ENEC is a Platinum Sponsor of the 11th World Future Energy Summit, part of Abu Dhabi Sustainability Week 2018   Abu Dhabi, UAE – 15 January 2018:   The Emirates Nuclear Energy Corporation (ENEC) is participating in the World Future Energy Summit 2018 (WFES) to highlight how clean, safe and efficient nuclear energy will help the UAE meet its commitments under the Paris ......read more

Empower highlights the role of energy efficiency in the future of sustainable cooling at 11th World ...…

January 14, 2018- Emirates Central Cooling Systems Corporation (EMPOWER), the world's largest district cooling service provider, is participating at the 11th World Future Energy Summit (WFES), the leading event for the clean energy and energy efficiency, which is being held from 15 to 18 January 2017 at the Abu Dhabi National Exhibition Centre (ADNEC). The company sheds the spotlight on the ......read more

IRENA Commission to analyse how energy transformation driven by renewables will impact foreign ...…

Abu Dhabi, U.A.E., 14 January 2017 —  The International Renewable Energy Agency (IRENA), has today launched the Global Commission on the Geopolitics of Energy Transformation, with the support of the governments of Germany, Norway and the United Arab Emirates. The Commission will examine the immediate and longer-term geopolitical implications of global energy transformation driven by ......read more

Launching Scheme of Projects and Initiatives that Enforce Water and Electricity Sustainability…

Abu Dhabi Water and Electricity Authority (ADWEA) is a key Strategic Partner of World Future Energy Summit and International Water Summit Abu Dhabi, United Arab Emirates, January 14, 2017 –  Abu Dhabi Water and Electricity Authority (ADWEA) and its Group of Companies are participating as a key strategic partner of the 2018 World Future Energy Summit and 2018 International Water ......read more

Eighth General Assembly of International Renewable Energy Agency Kicks Off in Abu Dhabi…

His Excellency Dr Thani bin Ahmed Al Zeyoudi: Renewable energy projects in the UAE have contributed to reducing its cost to the lowest level globally 50% of the country's energy will be clean by 2050 The UAE plays an active role in addressing the financing and investment challenges facing renewable energy projects Public-private sector partnerships accelerate the transition to ......read more

ENEC CEO: Barakah will be the first nuclear energy plant in the Arab world, setting new global ...…

Abu Dhabi, UAE – 13 January 2018:  The Emirates Nuclear Energy Corporation (ENEC) has participated in the second Atlantic Council Global Energy Forum in Abu Dhabi, held on 12 and 13 January by The Atlantic Council and in partnership with the UAE Ministry of Energy, ADNOC, Mubadala, and Masdar. ENEC Chief Executive Officer, Eng. Mohamed Al Hammadi, addressed participants during the ......read more

Governments to Signal Support for IRENA Key Role in Global Energy Transformation…

More than 1,100 government representatives from over 150 countries to gather in Abu Dhabi for Eighth IRENA Assembly    Abu Dhabi, UAE, 11 January 2018 –  More than 1,100 representatives of governments from 150 countries will meet in Abu Dhabi to attend the Eighth Assembly of the International Renewable Energy Agency (IRENA), taking place on January 13-14. As the ......read more

TAQATI to highlight significance of ESCOs in DSM strategy at annual RSB event…

TAQATI, the dedicated program management office for the Dubai Demand Side Management (DSM) strategy, took part in the Regulatory and Supervisory Bureau (RSB) for Electricity and Water in Dubai annual event with accredited Energy Service Companies or ESCOs, held on 10 January 2018 at the Four Seasons in DIFC. As part of the DSM Strategy implementation support and awareness improvement ......read more

Dallas Picks Ericsson for Smart Cities Traffic Solution…

Adoption of Ericsson’s Connected Urban Transport solution will help ease traffic congestion Ability to share data across cities and counties to make roads safer for commuters  Will improve the connection of systems to increase efficiency and reduce costs Dubai, UAE, January 10, 2018:  The City of Dallas has selected Ericsson (NASDAQ: ERIC) to install and host an ......read more

Abu Dhabi Quality and Conformity Council Completes Verification of Fuel Meters at ADNOC ...…

Abu Dhabi-UAE: 8 January, 2018 –   Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has completed the verification of all fuel meters used at ADNOC Distribution service stations across the emirate of Abu Dhabi. The Council confirmed that 99 per cent of the fuel meters used at 178 service ......read more

ENEC Achieves Significant Construction Milestones in Development of Barakah Nuclear Energy Plant…

Switchyard for Units 3 and 4 safely and successfully energized and connected to the UAE electricity transmission grid Key Power Transformers for Unit 2 safely energized in preparation for Plant Functional Testing  Abu Dhabi, UAE – 4 January 2018:  The Emirates Nuclear Energy Corporation (ENEC) has successfully achieved a series of significant milestones in the ......read more

Empower provides district cooling services to 17 per cent of hotels in Dubai, including three of ...…

January 03, 2018- Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has revealed that it currently supplies its highly efficient district cooling services to 17 per cent of the 674 hotels located in the emirate. The total number of hotels was recently released by the Department of Tourism and Commerce Marketing (DTCM), the ......read more

Schneider Electric Renews MoU with National Grid Saudi Arabia to Increase Electricity Reliability…

Riyadh, Saudi Arabia, January 2, 2018:  Schneider Electric and the National Grid Saudi Arabia (SA) renewed the 3-year long Memorandum of Understanding (MoU) signed 3 years ago to continue to provide the National Grid Saudi Arabia with reliable and cost-effective electricity in Saudi Arabia, through which National Grid SA and Schneider Electric will cooperate in developing and advancing ......read more

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