Role of technology in education and sustainability in MENA region opens
Day 2’s discussions at the Third Sharjah FDI Forum
Sharjah, 20 September 2017: The UAE Undersecretary for Foreign Trade and Industry Affairs, Ministry of Economy, HE Abdullah bin Ahmed Al Saleh opened Day 2 of the Third Sharjah FDI Forum with promising remarks on the role foreign direct investments (FDIs) will play in fulfilling the SDG 2030’s vision, globally, saying that the UAE is both a global destination for and an exporter of FDI. Among other high-profile attendees were Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development (Shurooq); HE Marwan bin Jassim Al Sarkal, CEO of Shurooq; and HE Mohamed Ali Rashed Alabbar, Founder and Chairman of Emaar Properties.
Observing how the UAE’s ......read more
Around 100 Oasis convenience stores to feature popular school products
Abu Dhabi, 18 September, 2017: ADNOC Distribution, the UAE’s leading operator of service stations and convenience stores, has launched a ‘back-to-school’ promotion as part of a range of initiatives to help customers celebrate special events and holidays throughout the year.
Around 100 Oasis convenience stores are hosting ‘back-to-school’ promotional stands, featuring popular school products such as Minion’s stationary. ADNOC Distribution is also promoting a ‘Little Falcons’ offer until 30 September, where customers who spend AED15 or more on back-to-school supplies at 10 selected Oasis convenience stores in Abu Dhabi will receive a free collectable cooler bag.
Saeed Mubarak Al Rashdi, Acting Chief ......read more
ENEC Executives amongst 600 nuclear energy professionals participating in World Nuclear Association (WNA) Symposium, London, UK.
ENEC CEO, Eng. Mohamed Al Hammadi, updates industry leaders on evolution of ENEC and the UAE Peaceful Nuclear Energy Program
Abu Dhabi, UAE – 16 September 2017: A senior delegation from the Emirates Nuclear Energy Corporation (ENEC), led by Chief Executive Officer, Eng. Mohamed Al Hammadi, has participated in the World Nuclear Association (WNA) Symposium, taking place in London, U.K. During the opening session of the conference, Mr. Al Hammadi shared a number of lessons learned on the quality and safety-led development of the UAE Peaceful Nuclear Energy Program with the international nuclear energy community.
On the cusp of becoming the 31st country to generate ......read more
The 2nd phase upgrades the existing station infrastructure and installs new fuel pump technologies
The final phase will involve adjunct facility providing 8 fuel pumps and 6 rental spaces for cafes and fast-food restaurants
Abu Dhabi, 16 September, 2017: ADNOC Distribution, the leading operator of retail fueling services outlets in the UAE, today announced the completion of the second phase of the development and expansion of the Officers City Service Station located on the Arabian Gulf Road in Abu Dhabi.
During the second phase of the project, ADNOC Distribution has upgraded the existing station infrastructure and installed new fuel pump technologies. The service station currently provides super-98 fuel products, Special 95 and E-Plus 91, as along with Green Diesel and Natural Gas for Vehicles ......read more
Chairman’s Interim Report
On behalf of the Board of Directors of RAK Petroleum plc (the “Company”), I am pleased to present the Half-Year Financial Report for the period ending 30 June 2017.
The Company’s fundamental objective is to generate significant total shareholder returns from investments in the oil and gas industry, with a focus on the Middle East and Africa. We currently hold interests in two oil and gas companies, DNO ASA (“DNO”) and Foxtrot International LDC (“Foxtrot International”).
DNO is a publicly listed Norwegian exploration and production company focused on the Middle East-North Africa region and the North Sea with interests in oil and gas blocks in various stages of exploration, development and production, both onshore and offshore. ......read more
ADNOC’s Voyager branded engine oil and lubricant to be sold in Ethiopia and Yemen
Abu Dhabi, 13 September, 2017: ADNOC Distribution, the UAE’s leading operator of retail fuel service stations and commercial fuelling services, has signed two agreements to sell its popular Voyager branded engine oil and lubricant in Ethiopia and Yemen.
The new supply agreements with Ethiopia’s Kinsi General Trading Company and Yemen’s Myco General Trading Company are a further milestone in ADNOC Distribution’s drive to increase business, optimise performance and secure greater access to international markets.
Mr Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, commented: "With a combined population of approximately 130 million people, Ethiopia and Yemen offer markets that ......read more
Joint venture will operate as a UL and GCC Lab Company based in Dammam, Saudi Arabia.
Partnership will combine resources, knowledge and expertise to expand services to the region’s renewable energy market.
Dubai, September 11, 2017: Global safety science organization, UL, has announced a joint venture with Saudi-based GCC Lab aimed at strengthening the Middle East’s Renewable Energy Infrastructure.
UL’s regional base operates out of offices in Dubai and its new, state-of-the-art lab facility in Abu Dhabi. The joint venture will operate as a UL and GCC Lab Company and will be based in Dammam, Saudi Arabia, to cater to customers in parts of the Middle East, including Egypt.
The joint venture will support the region’s renewable energy market by leveraging both ......read more
Abu Dhabi, 10 September, 2017: ADNOC Distribution has announced today the new retail price of unsubsidized LPG cylinders for the month of September 2017. As per the announcement that is made on the 10th of every month, the new retail price is as follows: AED55 per 25lb, and AED110 per 50lb.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: “Our competitive LPG cylinder prices are set every month to reflect adjustments in international market prices for LPG. With our customers at the heart of our business, we are determined to build on our eminent reputation for delivering an excellent, client-focused service while meeting the nation’s energy needs and helping to sustain its rapid growth.”
For holders of Rahal e-Gas cards, ADNOC Distribution continues to offer LPG at ......read more
Umm Ghafa station opening meets growing fuel and convenience store demand in Al Ain City
ADNOC Distribution now has 362 retail service stations in the UAE
Abu Dhabi, 5 September, 2017: ADNOC Distribution, the UAE’s leading operator of fuel service stations and convenience stores, has celebrated the opening of its 362nd station in the UAE.
The new 24-hour Umm Ghafa service station in Al Ain city can serve 12 vehicles simultaneously and includes a popular Oasis convenience store, a fast food restaurant and facilities for oil change, automatic car wash, an LPG cylinder depot and a tyre centre.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, commented: "We are delighted to offer our customers in Al Ain greater service, choice and convenience with ......read more
Government and private sector leaders assemble to unlock geothermal’s 200GW of potential
Abu Dhabi, U.A.E., 5 September 2017: Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting represents the largest such ministerial gathering dedicated to geothermal energy development.
Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 gigawatts.
Entitled: ‘Working Together to Promote Geothermal Energy ......read more
Dr Mohammed Shaker shared his vision for the sector
UL presented its insight on the latest technologies and developments
Collaboration on future projects will be aimed at helping improve the sector and the lives of the Egyptian people
Abu Dhabi, 04 September 2017: The Minister of Electricity and Renewable Energy met with a global safety science firm to gain some valuable insight to the latest technologies in the sector and the safest methods of adopting them.
Dr Mohammed Shaker received the delegation from UL, a renowned expert with a long heritage of helping governments and large corporates to identify and minimize risks of new technologies being implemented.
The organizations now plan to collaborate on various aspects of electricity and renewable energy with a particular focus on ......read more
ADIPEC Programme Will Include Downstream Industry for the First Time
900 Speakers Scheduled for More Than 200 Technical and Strategic Conference Sessions
Abu Dhabi, UAE – 28 August 2017: Organisers of the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), hosted by ADNOC, have confirmed the event’s technical conference, already the world’s largest for oil and gas professionals, will see a significant increase in scope for 2017 to include the downstream industry for the first time, as well as more sessions for specialised areas including offshore and marine exploration and production.
With around 900 speakers scheduled for more than 200 sessions, the conference will bring together the industry’s most respected experts, global leaders and top decision makers, with around ......read more
On the occasion of Emirati Women’s Day, Empower recognise the contribution of the nation's women in the development of UAE
Dubai, UAE, 27 August 2017: To commemorate the outstanding contributions of the country’s women, Emirates Central Cooling Systems Corporation (Empower), paid tribute to the Emirati women for their leading role and effective participation in national development.
Emirati Women’s Day was launched by HH Sheikha Fatima bint Mubarak, Chairperson of the General Women’s Union, President of the Family Development Foundation, and Chairperson of the Supreme Council for Motherhood and Childhood. The important day was added to the calendar to boost the recognition of women in the region and highlight their pivotal role in the community. The day is part of a bigger movement to increase ......read more
Dubai, UAE, 23 August 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider announced energy savings of 5.2 per cent in the second month of its summer campaign – ‘Smile at 24 degrees’, compared to the same period last year.
“As the leading district cooling services provider, we’re proud of the savings generated in the second month of our summer campaign. At Empower, we want to create an environment that will allow us to achieve the vision of the UAE leadership and help us support the businesses and people in the country benefit from a sustainable development,” said Ahmad Bin Shafar, CEO of Empower.
While the ‘Smile at 24 degrees’ campaign helps decrease the energy consumed for cooling, ......read more
Increasing India’s renewables would save 12 times more than it costs
Abu Dhabi, U.A.E., 22 August 2017: India can raise its renewable energy use to meet a quarter of the country's total final energy demand by 2030, according to the findings of a report presented today by the International Renewable Energy Agency (IRENA). Renewable energy prospects for India, a study from IRENA’s REmap programme, outlines action areas that can unlock India’s vast renewable energy potential, ensure clean and sustainable energy for generations to come, and enable the country to fulfill its pledges under the Paris Climate Agreement.
Renewable energy prospects for India describes how solar energy will play a vital role representing the second largest source of renewable energy use with 16 per cent, followed by wind at 14 per ......read more
Dubai, UAE, 20 August 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that 75 new buildings have so far been connected to its services in 2017. The company also announced good progress towards deploying its services to many other buildings in months to follow.
“This is an important milestone for us District cooling is an environment-friendly technology and the way forward to achieving a green economy. We’re pleased that developers have realised the importance of this technology and in the coming years, we will see more building owners and developers converting from conventional chilling methods to district cooling,” said Ahmad Bin Shafar, CEO of Empower.
Over the years, Empower has boosted its production and commissioned ......read more
Masdar of Abu Dhabi awards EPC contract to develop 50 MW Dhofar Wind Power Project
Muscat, Oman - August 19, 2017: Abu Dhabi’s renewable energy company, Masdar, signed an Engineering, Procurement & Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project, the first large-scale wind farm in Oman and the GCC.
The Dhofar Wind Power Project is a result of the joint development agreement that was established in 2014 between Masdar and the Rural Areas Electricity Company of Oman (RAECO). Funding for the wind farm is provided by the Abu Dhabi Fund for Development (ADFD), a leading national entity supporting global socio-economic development initiatives.
The 50 MW wind farm takes its name from the southern Omani governorate ......read more
Ceremony held to celebrate milestone event, witness the major achievements and the remaining construction and operational readiness work
Fourth reactor vessel and steam generators are the final to be installed, as per 2009 Prime Contract, positioning Barakah as a quality-driven site and one of the most efficient nuclear energy construction projects globally
Abu Dhabi, UAE – 14 August 2017: In line with the ‘Abu Dhabi Plan’, the Emirates Nuclear Energy Corporation (ENEC) has made significant progress on the construction of the Barakah Nuclear Energy Plant, with the installation of the steam generators for Unit 4, the final unit at the plant. This milestone event coincides with the successful installation of Unit 4’s Reactor Vessel (RV).
H.E. Jassim Mohammed Buatabh Al Zaabi, Chairman of the ......read more
Abu Dhabi, 10 August, 2017: ADNOC Distribution has announced today the new retail price of unsubsidised LPG cylinders for the month of August 2017. As per the announcement that is made on the 10th of every month, the new retail price is as follows: AED52 per 25lb, and AED104 per 50lb.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: “The price of LPG cylinders is decided every month in cooperation with the concerned government entities in the UAE. The prices set take into account the interests of national stakeholders, consumers and household customers while also reflecting fluctuations in international LPG prices.”
For holders of Rahal e-Gas cards, ADNOC Distribution offers LPG at subsidized prices - AED20 for 25lb and AED30 for 50lb, across Abu Dhabi and the ......read more
Empower will offer district cooling solutions to the commercial complex for a total capacity of 3,520 RT
Dubai, UAE, 9 August 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has recently connected its services to The Opus, a prestigious development located in Business Bay. Empower will offer district cooling solutions to the commercial complex for a total capacity of 3,520 RT, which will result in energy savings of approximately 50 per cent for the development.
The Opus is commercial tower in the Business Bay district of Dubai designed by the late award winning architect Zaha Hadid. It is a lively and contemporary business destination; perfect for a strategic regional or international headquarter for multinationals and even local ......read more
Uniting industry players to develop electric vehicle market
Dubai – UAE, 08 August 2017: To support the transition of the automotive industry towards green mobility and the recent initiatives taking places in the UAE, the New Energy Vehicles Club has been created under the umbrella of the Clean Energy Business Council (CEBC) at the initiative of ENGIE, an energy company, charging station manufacturer and board member of the CEBC. The creation of the club was announced on the occasion of a webinar on green mobility welcoming 400 participants including regional and global stakeholders from the public and private sectors.
The Club’s role is to function as an electric vehicle and clean energy industry representative, connecting private sector players to relevant stakeholders in order to support the development of the ......read more
Financing provided by GCC based banks with syndication led by Emirates NBD
The raise will support the group’s global operations to realise growth plans
The Group plans to tap the Islamic Finance and Sukuk markets in Asia with focus on Indonesia and Malaysia for future potential funding
Dubai, UAE, August 1, 2017: Gulf Petrochem Group (GP), has successfully raised US$ 150 million from a group of international and local financial institutions based in the GCC. In an environment of continued low global oil prices, the financing will be used to support the group’s activities around the world.
The borrowing will take the form of an 8 year term loan which was provided by a syndicate of banks lead by Emirates NBD. IL&FS acted as the Financial Advisor.
National Bank of Fujairah will be the ......read more
Dubai, UAE. July 26, 2017: Petrofac has secured a contract extension and a new award with a combined value of more than US$100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.
The awards reflect the extensive track record Petrofac has been amassing in the country since 2010. Today’s announcement builds upon US$70 million of new awards in Iraq announced in April, giving the Group good visibility of future work in the country and securing around 250 jobs.
Mani Rajapathy, Managing Director, Engineering & Production Services East, said: “We’re delighted the IOCs in Iraq continue to choose Petrofac to support their operations. Iraq is an important market for us and, as evidenced by the number of ......read more
Milestone testing achievement represents a significant step towards the completion of Unit 2
Tests performed demonstrate commitment to achieving the highest standards of quality.
Abu Dhabi, UAE – 25 July 2017: The Emirates Nuclear Energy Corporation has successfully completed the Cold Hydrostatic Testing (CHT) at Unit 2 at the Barakah Nuclear Energy Plant located in Al Dhafra Region of Abu Dhabi. The completion of this milestone, which concluded approximately 12 months after the same tests were successfully completed on Unit 1, demonstrates a commitment to achieving the highest international quality and safety standards, across the four units of the Barakah Plant.
The CHT verifies that welds, joints, pipes and components of the reactor coolant system and associated high-pressure systems are ......read more
Mega-project at Phu Quoc Island, Vietnam to generate growth in the local area, significantly contributing to the modernization of the economy and supply channel in southern Vietnam
Strategically located, the Bonded Terminal System is set to make Vietnam a force in Southeast Asian for crude oil and refined petroleum products
H.H. Sheikh Khalifa Bin Khalid Bin Ahmed Al Hamed’s majority-owned Baron Point Petroleum seeks to finance the development and provide best-in-class, Abu Dhabi and American expertise
Abu Dhabi, 23 July 2017: Abu Dhabi-based Baron Point Petroleum Services Company L.L.C. (“Baron Point Petroleum”) has joined hands and engaged a joint-venture (“JV”) with PetroVietnam Oil Corporation (“PV Oil”), the national oil and gas company of Vietnam, to finance, ......read more
Latest addition to IoT-enabled EcoStruxure™ architecture leverages advances in power distribution to improve operational and energy efficiency
Delivers safer, more reliable and efficient power in large and critical buildings and infrastructures
Simplifies building management, tracks and reduces energy costs and improves asset and maintenance efficiency in small and medium ......read more
The meeting was held to review the assessment results of the introduction of district cooling in countries as Bosnia, Herzegovina, Chile, China, India, Serbia and Morocco among many others.
Dubai, UAE, 31 May 2017: With an aim to promote sustainable development of cities through energy efficiency, Emirates Central Cooling Systems Corporation (Empower), the world's largest ......read more
Abu Dhabi, 31 May, 2017: ADNOC Distribution has announced the opening of two new service stations in Abu Dhabi and Ras Al Khaimah, taking the total number of service stations in its UAE-wide network to 447: these include 347 stations dedicated to vehicles and boats and 100 stations serving specialised sectors.
The newly opened stations are the Tawazun service station in the Al Ajban area ......read more
Open IIoT approach helps customers digitize and bring new levels of intelligence, decision making capabilities, productivity and efficiency across multiple industries
Next-generation System Platform 2017 sets new standard for operational excellence, situational awareness and actionable intelligence, can be built on any hardware or software regardless of age or ......read more
- Fuel Assemblies ready to generate emissions-free electricity to
power the UAE, pending regulatory approval -
- Transport process focused on protecting the integrity
and exacting standards of fuel assemblies -
Abu Dhabi, UAE – 27 May 2017: The Emirates Nuclear Energy Corporation (ENEC) announced the successful receipt of the ......read more
Global energy system creating more jobs in renewables than in fossil-fuel technologies
Abu Dhabi, U.A.E., 24 May 2017 — More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy and Jobs – Annual Review 2017, released at IRENA’s 13th Council meeting, ......read more
innogy International Middle East and Dubai Carbon Centre of Excellence (Dubai Carbon) to develop Rooftop PV Projects in Dubai
Dubai, United Arab Emirates: In line with His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai’s vision and the UAE Vision 2021, it is evident that Dubai and the UAE are at the forefront of ......read more
Agency plans future work to drive sustainable energy revolution
Abu Dhabi, U.A.E., 23 May 2017 — More than 300 high-level government representatives from 110 countries and the European Union — the largest number ever represented at an IRENA Council meeting — gathered today in Abu Dhabi to attend the 13th Council of the International Renewable Energy Agency (IRENA). At the ......read more
Sunday, May 21, 2017 (Sharjah) - Sharjah National Oil Corporation (SNOC) and Sharjah Electricity and Water Authority (SEWA) have signed a full Gas Sales Agreement (GSA) targeting the supply of Natural Gas for power generation in the Emirate of Sharjah. The Agreement was signed by Sheikh Sultan Bin Ahmed Al Qasimi, Deputy Chairman of the Supreme Petroleum Council and President of SNOC and Dr. ......read more
Abu Dhabi, 17 May, 2017: ADNOC Distribution announced the opening of two new Xpress stations, marking the completion of the phase one of the construction of its Xpress station network. Launched to serve the most congested areas and roads in Abu Dhabi city and its suburbs, the Xpress station concept focuses exclusively on petrol fuelling services. A total of 10 stations have now been opened ......read more
Abu Dhabi, 17 May 2017 – The Zayed Future Energy Prize last night hosted a special reception for ambassadors from more than 30 countries to encourage international support for its upcoming 10th Anniversary edition. The event, hosted at the headquarters of the International Renewable Energy Agency (IRENA) in Masdar City, brought together diplomats as well as representatives from Abu ......read more
Mr Bin Sulayem visit Electric Way cables and electrical services center
Dubai, May 17, 2017:
DP World and its industrial park operator NIP (National Industries Park) will continue to back the Dubai Plan 2021 and play a key role in enhancing the Emirate’s position as a leading economic, industrial and commercial hub according to Group Chairman and CEO, Sultan Ahmed Bin ......read more
- H.E. Tarek El Molla, Minister of Petroleum and Mineral Resources opens Honeywell Oil & Gas Technologies Symposium in Cairo
- Honeywell Connected Plant solutions to enable Egypt to capitalize on full potential of its oil and gas reserves
Dubai, UAE - May 16, 2017 – Industrial Internet of Things (IIoT) and cloud-based solutions ......read more
- ISA UAE Automation Conference and Exhibition 2017 set to analyze challenges and opportunities for UAE’s oil and gas sector
Abu Dhabi, UAE, 15 May 2017: Oil and gas leaders from across the UAE are set to come together in Abu Dhabi on Tuesday, 16 May, as part of the 2nd ISA UAE Automation Conference and Exhibition 2017 to discuss automation and ......read more
May 14, 2017
Dubai, United Arab Emirates
The Sustainable Energy Programme Section team at the Mohammed bin Rashid Space Centre (MBRSC) participated in the International Passive House Conference in Vienna. Among the team members present at the conference were Engineer Abdulla Ahli, Manager of the Sustainable Energy Programme Section at MBRSC and Khalifa Majid Al Falasi, ......read more
Abu Dhabi, 10 May, 2017: ADNOC Distribution has announced a reduction of the retail price of unsubsidised LPG cylinders for the month of May 2017 in all service stations in the UAE.
As per the announcement that is set on the 10th of every month, the new reduced retail price is as follows: AED 45 per 25lb, reduced from the earlier marked retail price of AED 52; AED 90 per 50lb, reduced from the ......read more
Khobar, KSA, May 9, 2017: Air Liquide Arabia (ALAR) announced today the startup of the Middle East’s first hydrogen pipeline network in the industrial city of Jubail, on the east coast of Saudi Arabia. Designed to transport large volumes of hydrogen to customers in both Jubail I and Jubail II, the network contributes to the development of the downstream industry, the optimization of ......read more
Khaled Al Qubaisi appointed Chairman of Tabreed’s Board of Directors
May 9, 2017 - Abu Dhabi, UAE: National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its 2017 first quarter (Q1) financial results. The Company’s performance benefited from the new connections made last year, in addition to over 20,000 ......read more
- ENEC completes handover of Unit 1 systems to KHNP for commissioning, marking end of initial construction activities for the first of four units of the Barakah Project
- KHNP will lead the commissioning work of the first UAE-based APR-1400, as part of the scope of the 2009 Prime Contract
- Federal regulatory approval from ......read more
Dubai (May 3, 2017)– Under the patronage of the Islamic Affairs & Charitable Activities Department – Dubai, Advanced Conferences & Meetings (ACM) launched Mosque Design & Development Summit at Sheraton Grand Hotel, Dubai.
The summit was officially supported by the UAE Ministry of Infrastructure Development and Etihad ESCO and was inaugurated with a keynote address by ......read more
Modern 500 sq m showroom with high-end technology upgrades will offer seamless customer experience
BMTC announces further expansion in Abu Dhabi with all-new 300 sq m showroom in Musaffah to open in May
BMTC showrooms showcase entire portfolio of BMTC including lighting, electrical and water solutions
Dubai, UAE; May 3rd, 2017: Bahri & Mazroei Trading Company (BMTC), the ......read more
GPCA Expands Industry-Leading Responsible Care® and Gulf SQAS offerings Program Across the Supply Chain to the GCC’s Downstream Logistics Industry
Association to Highlight its Initiatives during GPCA Supply Chain Conference in Abu Dhabi
Dubai, United Arab Emirates, 1st May 2017 – The Gulf Petrochemicals and Chemicals Association (GPCA) continues to drive advancements in the ......read more
Abu Dhabi, 30 April 2017: ADNOC Distribution has launched the second development phase of the Officers City service station, located on Al Khaleej Al Arabi Street in Abu Dhabi. The implementation of this phase is designed to raise the station’s capacity to meet growing demand for its high quality services and products by increasing the number of available fuel pumps.
The second ......read more
Abu Dhabi – UAE April 29th, 2017 - SNC-Lavalin (TSX: SNC) is pleased to announce that it was awarded a contract by Saudi Aramco for engineering and project management services for the Berri Increment Program. New facilities are proposed at Saudi Aramco’s existing plants at Abu Ali and Khursaniyah to process a potential increased output of Arabian Light crude from the Berri Field on ......read more
By Ole Hansen
Head of Commodity Strategy / Saxo Bank
Commodities markets have seen big swings during the past month
Farm commodities under pressure from supply overhang and speculative selling
Precious metals surged around Easter on spike in geopolitical concerns
Gold is back testing key resistance, but could be in for short-term correction
Surprise jump in US gasoline ......read more
Global CO2 emission to reach 43 Billion tonnes by 2040
Hydrogen to play a key role in resolving the energy storage dilemma
UAE - 18 April 2017
Towns, cities and individuals must be held accountable for the energy they consume and should be rewarded and penalized accordingly, George Berbari, one of the world’s foremost voices on district cooling technologies told the prestigious ......read more
Contest promotes innovation among business and engineering students
Winning team to visit Schneider Electric’s global facilities, receive employment offers from company
Dubai-UAE: 17 April, 2017 – Schneider Electric, the global specialist in energy management and automation, has launched the seventh edition of ‘Go Green in the City,’ its annual global challenge ......read more
Empower announced recently a saving of 1000 MW of electricity, which is equal to AED 2.6 billion, as a result of using its district cooling services in 2016
Dubai, UAE, April 17 2017: Emirates Central Cooling Systems Corporation (Empower), world’s largest district cooling services provider, underlined the importance of district cooling as an environment-friendly alternative ......read more
- Over 100 UAE Ambassadors briefed on the UAE Peaceful Nuclear Energy Program
- Delegation witnessed the exceptional progress made at Barakah
Abu Dhabi, UAE – 15 April 2017: The Emirates Nuclear Energy Corporation (ENEC) and Nawah Energy Company (Nawah) welcomed 117 of the UAE’s overseas diplomats to the Barakah Nuclear Energy Plant during ......read more
ENGIE, through its subsidiary International Power SA, has been qualified in the first round of the tendering process for two renewable energy projects in Saudi Arabia. ENGIE is among the 27 companies selected for a 300 MW solar photovoltaic project, and among the 24 companies selected for a 400 MW wind farm. The shortlisted companies have been selected from a total of 128 applications.
The 300 ......read more
Abu Dhabi, UAE, April 11, 2017: ADNOC Distribution has announced a reduction of the retail price of unsubsidised LPG cylinders for the month of April 2017 in all service stations in the UAE.
As per the announcement that is set on the 10th of every month, the new reduced retail price is as follows: AED 52 per 25lb, reduced from the earlier marked retail price of AED 58; AED 104 per 50lb, ......read more
- Sultan Ahmad Bin Sulayem: CNPC’s move reinforces the company’s presence in Middle East markets and consolidates Jafza’s position as a regional hub for the oil and gas sector.
- Zhu Junfeng: New headquarters brings together 16 organisations in CNPC Group under one roof
Dubai, United Arab ......read more
• Construction in full swing on Oman’s second largest power plant
• Commercial operation to commence in less than two years
• Gas turbine project with capacity of over 1,700 Megawatts
06 April 2017 - Dubai UAE: Work is progressing fast on the construction of SOHAR III, a green-field, integrated ......read more
Empower accentuates the importance of implementing a less expensive and greener alternative to air conditioning to reduce energy consumption and carbon emissions
Dubai, UAE - 5 April, 2017: Emirates Central Cooling Systems Corporation (EMPOWER), the world's largest district cooling service provider, accentuated the importance of implementing a less expensive and greener ......read more
Purchase is significant step in firm’s global expansion
Dubai-UAE: 4 April, 2017 – The BB Energy Group (BB Energy) today announced that it has purchased Pioneer Energy, Morgan Stanley’s diesel terminal in Australia, via its wholly owned subsidiary Wala B Terminal Holding PTY Ltd. In line with BB Energy's ongoing global expansion, the acquisition is the ......read more
UAE, April 03, 2017 - Networked Energy Services Corporation (NES), a global smart grid market leader with the industry’s leading Patagonia Energy Applications Platform (EAP ™), remarks the UAE’s plan to opt for clean energy sources and deploy smart grid and meter solutions that will increase the contribution of renewable energy to the total energy mix in line with the UAE Energy ......read more
Abu Dhabi - UAE; April 2, 2017 -- Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with Abu Dhabi National Oil Company (ADNOC) and with Masdar, Abu Dhabi’s renewable energy Company, covering energy and technology collaboration, renewables, and carbon management.
Under the terms of the MoU between ADNOC and Saudi Aramco, the two companies ......read more
March 28, 2017: Sharjah Tatweer Forum (STF), a part of the Rubu’ Qarn Foundation for Creating Future Leaders and Innovators, has successfully organized a visit of the latest batch of participants of the Sharjah Leadership Program (SLP) to Masdar Clean Energy, a commercially driven renewable energy company based in Abu Dhabi. The visit sought to help future leaders understand the goals and ......read more
Dubai, UAE, 28 March, 2017: Emirates Maritime Arbitration Centre (EMAC) will be attending the 10th International Fujairah Bunkering & Fuel Oil Forum as a function sponsor. Taking place on 27 to 29 March at the Al Diar Siji Hotel in Fujairah, the annual event is held under the patronage of His Highness Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah & Member of the UAE Supreme ......read more
Renewable resources lead the way in smart approach to sustainable development
Dubai, UAE, March 27, 2017: In today’s era, smart energy solutions are a prerequisite for the socio-economic development of the country. The smart energy solutions not only provide access to affordable, reliable, sustainable and modern energy solutions, but also drive the country towards its sustainable ......read more
Dubai Carbon has become the local issuer of International Renewable Energy Certificate Standard (I-REC Standard) allowing end-users validate renewable energy consumption
Dubai, United Arab Emirates: Dubai Carbon has signed an agreement with I-REC Standard, the international organisation that facilitates robust attribute tracking systems for the reliable procurement of renewable electricity, ......read more
Schneider Electric’s Gulf leadership team participates in knowledge exchange with USC students
Dubai, UAE: 26 March, 2017: Schneider Electric, a global leader in energy management and automation, hosted a delegation from the University of Southern California (USC), one of the world’s leading private research universities based in Los Angeles, in early March 2017 at its ......read more
Wintershall continues on growth course
Robust portfolio ensures profitability
Positive free cash flow despite low prices
Kassel / Abu Dhabi, March 23, 2017: Wintershall is on a growth course despite the difficult conditions in the industry and attained an historic level of production in 2016 of 165 million barrels of oil equivalent (BOE). This means the company has ......read more
Reactor Coolant Loop (RCL) pipe welding completed, establishing new quality benchmark for global industry
Concrete pouring for containment building dome structure successfully completed
Abu Dhabi, UAE – 22 March 2017: The Emirates Nuclear Energy Corporation (ENEC) has successfully completed the welding of Reactor Coolant Loop piping and the Reactor Containment Building ......read more
Abu Dhabi, United Arab Emirates; March 22, 2017: EDF Group, via its subsidiary EDF Energies Nouvelles, a market leader in renewable energy electricity, has joined the Masdar-led consortium developing the 800-megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
The agreement formalising the company’s entry into the consortium was signed today by ......read more
Dubai, UAE, March 22, 2017: The clock is ticking for UAE entities as they look forward to taking their place in the UAE Pavilion – one of the largest – at the International Specialized Exhibition EXPO 2017 "Future Energy", which will be held in less than 80 days’ time.
“With less than three months remaining until EXPO 2017, we are happy to announce that ......read more
Region outgrows global average of 2.2%
Dubai, United Arab Emirates, March 21, 2017: The petrochemical industry in the Arabian Gulf region grew at 3.7%in 2016 reaching 150 million tons of capacity, according to an annual study by the Gulf Petrochemicals and Chemicals Association (GPCA), outpacing the global average growth of 2.2%. The figures emerged from ‘Arabian Gulf ......read more
A surge of mega deals is approaching and will accelerate the “merger endgame” in multiple chemicals markets.
United Arab Emirates, Dubai, 21 March, 2017: Record-high M&A activity is set to transform the chemicals industry in 2017, according to A.T. Kearney’s new Chemicals Executive M&A Report. More than $300 billion of chemicals M&A deals are in the ......read more
Decarbonisation of global energy system, led by renewables and efficiency, would create economic gains
Berlin, Germany, 20 March 2017 — Global energy-related carbon dioxide (CO2) emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released today by the International Renewable Energy Agency ......read more
Feilo Sylvania is proud to be a Gold Sponsor of this year’s RetrofitTech Summit and Awards taking place at The Meydan Hotel, Dubai from 20-21 March 2017. The company will be displaying a raft of innovative lighting solutions that offer a high quality of light, energy-efficient performance and intuitive controls specifically designed for retrofit applications.
The event is now in ......read more