Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Energy, Oil & Gas
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

Over 200 Senior Energy, Petrochemical and Private Sector Leaders and CEOs Tour Ruwais As Part of the ADNOC Downstream Investment Forum…

Visit included a tour of Ruwais Industrial Complex and Ruwais City Investment and expansion of Ruwais to form centrepiece of ADNOC’s Downstream Strategy  Abu Dhabi, United Arab Emirates, May 15, 2018:  As part of the launch of the Abu Dhabi National Oil Company’s (ADNOC) new Downstream strategy at the ADNOC Downstream Investment Forum in Abu Dhabi this week, over 200 senior energy, petrochemical and private sector leaders and CEOs toured the Ruwais Industrial Complex and Ruwais City, where they viewed existing facilities and key assets and were briefed on a number of future development plans.   The expansion of the Ruwais Industrial Complex and Ruwais City is at the heart of ADNOC’s strategy to deliver a more valuable downstream business. Located in the strategically important Al ......read more

JAFZA'S PETROCHEMICAL COMPANIES GENERATE AED 16 BILLION…

DP World, UAE Region highlights sector-wide collaboration at GPCA Supply Chain Conference Dubai, United Arab Emirates, 12 May 2018:  Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED 16 billion in 2017. Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai. Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Creating better supply chains depends on industry collaboration and sharing of knowledge to help the sector identify and resolve inefficiency. Real-time data is now the norm and the need for collaboration grows as well. we understand the value it offers and are ......read more

nVent Announces Completion of Separation from Pentair…

Independent, $2.1 billion company focuses on electrical connection and protection  DUBAI, UAE – May 3, 2018 –   nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly traded company. nVent shares will begin “regular way” trading on the New York Stock Exchange on May 1, 2018, under the symbol “NVT.”  The company has a leading portfolio of electrical enclosures, electric heat tracing solutions, complete heat management systems, and electrical and fastening solutions that connect and protect critical systems across the globe where the cost of failure is high. Its innovative electrical ......read more

Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise…

Dubai, United Arab emirates, May 2, 2018:  The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies.  Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy consumption.  While global trends are disappointing, recent national experiences around the world offer encouraging signs. There is mounting evidence that with the right approaches and policies, countries can make substantial in clean ......read more

FMS Tech has been approved as an official in-vehicle monitoring system (IVMS) supplier in Oman…

FMS Tech is now one of seven exclusive suppliers approved in OPAL’s first round of approvals 29 April 2018, Dubai, United Arab Emirates:  Oman Society for Petroleum Services (OPAL) recently announced Fleet Management Systems & Technologies (FMS Tech) as one of its seven approved in-vehicle monitoring systems (IVMS) suppliers for Oil and Gas Transportation Safety Technology in its first round of approvals.  Oil & Gas Safety Standards and Regulations require multiple qualifications and approvals to be met before a company can supply to the Oil & Gas industry in Oman. This is due to several high-risk operations, that are potentially dangerous, if not managed and regulated properly. OPAL has also created an advanced set of criteria for various Oil & Gas operating standards. One of these is solely ......read more

ENEC to Focus on Safety Culture at EmiratesSkills Abu Dhabi 2018…

Abu Dhabi, United Arab Emirates, 24 April 2018:  The Emirates Nuclear Energy Corporation (ENEC) is highlighting the importance of prioritizing health and safety, during its participation in the EmiratesSkills 2018 National Competition, held at Abu Dhabi National Exhibition Centre from 23 to 25 April 2018. ENEC is the official Health and Safety sponsor and exhibitor, emphasizing the importance of establishing a strong culture of safety in everyday life as well as in the workplace. Around 600 UAE Nationals will compete in the 2018 edition of the EmiratesSkills National Competition, which is held under the patronage of H.H. Sheikha Fatima Bint Mubarak, Chairwoman of the Family Development Foundation and the Head of the General Women’s Union. Participants will demonstrate their skills in 30 different categories in ......read more

Masdar and Costa Rican Electricity Institute to advance renewable energy development…

Abu Dhabi, United Arab Emirates, April 24, 2018:  Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.  Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Eugenia Gutierrez, Member of the Board and Director of ICE, signed a memorandum of understanding to share technical knowledge and project experience. The agreement aims to promote collaboration in utility-scale and off-grid power generation, floating solar photovoltaic (PV) technology, “smart cities” technology, and battery storage. The two companies also hope to offer advisory services to other Latin American and Caribbean countries on energy diversification.  Mohamed Jameel Al ......read more

Game Changing technologies take centre stage at Middle East Static Equipment Engineering & Maintenance Conference (ME Static)…

Featuring 75 per cent international visitors, 80 per cent decision makers and 65 per cent trade visitors, the event witnessed more than 200 visitors and over 150 delegates on the first day of the event The event witnessed participation from Saudi Council of Engineers, Sahara Petrochemicals Company, Orpic, Saudi Aramco, ADNOC Gas Processing and SABIC among many others United Arab Emirates, Dubai, April 24th 2018:   The oil and gas industry has long recognised the importance of understanding and influencing the role of innovation and technological advancements for static equipment.  As the equipment’s performance is key to increased profitability, experts who gathered at the Middle East Static Equipment Engineering & Maintenance Conference held at Waldorf Astoria on 24th April, discussed varied strategies ......read more

Gulf Petrochemicals and Chemicals Association (GPCA) Marks Earth Day with New Report Release…

On the important occasion of Earth Day, GPCA is pleased to announce the release of the 4th Progress Report, highlighting a major increase in global efforts to prevent marine litter Dubai, United Arab Emirates, 22 April 2018 – The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf region, today marks Earth Day with the release of the 4th Progress Report, highlighting a huge jump in projects worldwide to prevent marine litter from coming into our oceans. The report, which was released by the Global Plastics Alliance (GPA), a collaboration among plastics industry associations and other allied industries associations around the world, reveals that projects made under the “Global Declaration” for solutions on marine litter, have more than tripled to around 355 ......read more

Government of Ras Al Khaimah Makes Key Appointments to Ras Al Khaimah Petroleum Authority…

- Nishant Dighe Chief Executive Officer of RAKPA Ras Al Khaimah, United Arab Emirates, 19 April 2018:   After the recent announcement of the Government of Ras Al Khaimah appointing His Highness Sheikh Ahmed Bin Saud Bin Saqr Al Qasimi as Chairman of Ras Al Khaimah Petroleum Authority (“RAKPA”), Nishant Dighe is appointed as Chief Executive Officer of RAKPA. Nishant Dighe, also the Chief Executive Officer of RAK Gas, is appointed to RAKPA on an interim basis until completion of the award of the petroleum rights under RAK’s 2018 petroleum licensing round (“the Licensing Round”), at which time a permanent appointment will be made.  On 2 April 2018, the Government of Ras Al Khaimah announced the official launch of the Licensing Round and the establishment of RAKPA – the new regulator ......read more

Final Dome Structure Completed at Barakah Nuclear Energy Plant…

    Construction of Reactor Containment Building Dome Structure for Unit 4 successfully completed; the final unit of the Barakah Plant     Unit 4 Reactor Coolant Loop (RCL) pipe welding and setting of key equipment also completed Abu Dhabi, United Arab Emirates, 10 April 2018:  Reaching another milestone in the development of the Barakah Nuclear Energy Plant, the Emirates Nuclear Energy Corporation (ENEC) has successfully completed the Reactor Containment Building (RCB) dome for Unit 4, the final unit of the Barakah Nuclear Energy Plant, located in the Al Dhafrah region of Abu Dhabi. The Unit’s Reactor Coolant Loop (RCL) pipe welding, and the setting of key equipment have also been completed. The completion of Unit 4’s dome structure signifies the majority completion of the main ......read more

Mubadala Petroleum Signed Andaman I PSC in Indonesia…

Abu Dhabi, 09 April, 2018:  Mubadala Petroleum announces that it has signed the Production Sharing Contract (PSC) for Andaman I, as awarded by the Government of Indonesia in the 2017 Indonesian Licence Round.  Mubadala Petroleum is the operator of the Andaman I PSC and a partner in the Andaman II PSC, operated by Premier Oil, which was also signed last week. The Andaman I and II PSCs are adjacent and located in the underexplored but proven North Sumatra basin offshore Aceh, a region that Mubadala Petroleum has been involved in since 2011 through joint study agreements.  The PSCs have the potential to unlock a new material gas play for domestic consumption in North Sumatra and indeed long term export to regional markets.   The work commitment for the Andaman I exploration block is to conduct sub surface ......read more

Global Renewable Generation Continues its Strong Growth, New IRENA Capacity Data Shows…

Sector adds record 167 gigawatts (GW) of generating capacity, expands 8.3% in 2017 Abu Dhabi, UAE, 07 April 2018:   By the end of 2017, global renewable generation capacity increased by 167 GW and reached 2,179 GW worldwide. This represents a yearly growth of around 8.3%, the average for seven straight years in a row, according to new data released by the International Renewable Energy Agency (IRENA).  Renewable Capacity Statistics 2018 is the most comprehensive, up-to-date and accessible figures on renewable energy capacity statistics. It contains nearly 15,000 data points from more than 200 countries and territories.      “This latest data confirms that the global energy transition continues to move forward at a fast pace, thanks to rapidly falling prices, technology improvements and ......read more

Other Top Stories from Energy, Oil & Gas
 
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

Saudi Arabia, European Union Experts Discuss Cooperation on Energy Efficiency…

Dubai, UAE, January 2, 2018:   An “EU - Saudi Arabia Energy Efficiency Meeting” taking place in conjunction with HVACR Expo Saudi (14-16 January 2018, Jeddah Centre for Forums & Events) will gather key decision makers and experts from both the European Union and Saudi Arabia. A high level “EU - Saudi Arabia Energy Efficiency Meeting” is taking place in ......read more

Empower sheds spotlight on the technology best practices in district cooling during its Second ...…

December 25, 2017 - Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, recently highlighted the district cooling guidelines for 2018, at the second consultants’ meet held in Dubai. The event was organised as part of a series of the similar events conducted by the company, aimed at educating on Empower’s practices about ......read more

Thermal energy storage as district cooling component boosts Empower's energy efficiency targets…

December 17, 2017– Producing chilled water during off-peak hours and storing them for later use to cool buildings at peak time is one of the key energy efficiency drivers for Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider. Through Thermal Energy Storage (TES) technology, the district cooling company eases the power grid ......read more

ARTS Energy Ni-MH battery technology: New ENDURANCE range offering a 10-year lifetime in outdoor ...…

United Arab Emirates December 17, 2017:  French company ARTS Energy, one of the world's leading battery manufacturers, will be presenting its new generation of nickel-metal hydride (Ni-MH) batteries for professional autonomous solar energy solutions and backup applications on January 15-18, 2018 at the WFES & IWS trade fair in Abu Dhabi (French Pavilion).    ARTS ......read more

Schneider Electric commits to 100% renewable electricity by 2030, doubling energy productivity…

Company reaffirms position at forefront of global sustainability efforts through joining The Climate Group's EP100, RE100 initiatives   Dubai, UAE: 13 December, 2017 –   Schneider Electric, the leader in digital transformation of energy management and automation, has committed to obtaining 100 percent of its electricity from renewable sources and doubling its energy ......read more

Middle Eastern countries recorded exports of US$ 765.8 billion and imports of US$ 665.2 billion in ...…

Middle East sustains its position as a top global trading partner The region records highest export growth in 2016 and 2017;   Dubai, UAE, 11 December 2017:  The Middle East remains the world’s most important trading partner in the region despite a fall in oil prices, according to a report by World Trade Organisation (WTO). The report stated that the Middle Eastern ......read more

World Future Energy Summit 2018 to map transition to a sustainable economy and lead ‘cleantech' ...…

More than 30,000 delegates and attendees from up to 175 countries are expected to visit Abu Dhabi for WFES 2018 Events including Solar Expo, Energy Efficiency Expo and Energy Storage and Batteries Expo will showcase innovative solutions WFES 2018 will also include the Climate Innovation Exchange (CLIX), which aims to match the world’s top “cleantech” entrepreneurs with ......read more

Empower measures customers' happiness on district cooling…

December 05, 2017 - Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, kicked off its Customer Satisfaction Survey (CSS) 2017-2018, the fourth edition of its efforts to measure the quality of its services and the happiness of its over 85,000 customers across Dubai. The company has been conducting customer surveys since 2008 to ......read more

Arabian Gulf chemical industry pioneers recognized at inaugural GPCA Legacy Award “Al Rowad”…

Regional pioneers bestowed posthumous honors for extraordinary contributions to petrochemicals industry Dubai, United Arab Emirates, 29 November 2017 –  The Gulf Petrochemicals and Chemicals Association (GPCA) honored pioneers of the chemicals and petrochemicals industry in the Arabian Gulf posthumously at the first-ever GPCA Legacy Award “Al-Rowad” (ÇáÑøæÇÏ) ......read more

Countries Meet to Chart the Future of IRENA in Driving the Global Energy Transformation…

IRENA’s 14th Council Meeting Begins in Abu Dhabi Abu Dhabi, U.A.E., 29 November 2017:  More than 350 government representatives from 115 countries — including Ministers and high-level officials — gathered today in Abu Dhabi to attend the 14th Council of the International Renewable Energy Agency (IRENA). At the outset of the meeting, the Council re-elected China ......read more

Regional Chemical Industry Must Embrace Change as an Opportunity, Say Speakers at the 12th GPCA ...…

Saudi Arabia’s Minister of Energy, Industry and Mineral Resources delivers inaugural address, urges industry-wide transformation and value creation  Dubai, United Arab Emirates, 28 November 2017 –  The inaugural address at the 12th Annual GPCA Forum was delivered by H.E. Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources, Saudi Arabia, who called for ......read more

Italian leading player DAB targets 20% growth in the GCC water management technology market…

At Big 5 Dubai 2017 DAB launches the world’s best energy-efficient water management solutions for urban development Dubai, UAE, November 28, 2017:   November 28, 2017: DAB Water Technology, an Italian frontrunner in the global water management industry, brings to Dubai a selection of wide line-up, focusing on those products that are of particular interest for the Middle East. ......read more

Figures' GCC chemical industry to sustain region's non-oil economic growth…

The UAE chemical industry has the highest contribution among all GCC states, accounting for 52% of manufacturing revenue Dubai, United Arab Emirates, 28 November 2017 :   Data released in a new report by the Gulf Petrochemicals and Chemicals Association (GPCA) has highlighted the role of the chemical industry in diversifying the regional economy and accelerating ......read more

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