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Featured in Energy, Oil & Gas
Nawah Energy Company Establishes World's First Nuclear Language Proficiency Standards…

Committed to effective safety communication as part of a healthy nuclear safety culture, Nawah has developed the first language standards for the nuclear industry The Innovative Nuclear English Development Center in Barakah Nuclear Energy Plant supports continuous learning and development of all employees Abu Dhabi, UAE – 13 October 2018:   Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi, has become the first company in the world to develop English language standards for nuclear plant operations. These standards play a significant role in ensuring a high level of effective safety communication as part of a healthy nuclear safety culture.   With employees from more than 40 nationalities, Nawah is the most multinational and ......read more

Masdar Signs Region's First Green Revolving Credit Facility to Drive Sustainability Goals…

Abu Dhabi, October 11, 2018 -   Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects. The facility, which is the first green RCF in the Middle East, has been arranged with the UAE’s First Abu Dhabi Bank, Societe Generale Corporate & Investment Banking, Japanese multinational banking and financial services company Sumitomo Mitsui Banking Corporation, and pan-European global banking and financial services group UniCredit - together the mandated lead arranger (MLA) and bookrunners – as part of their ongoing commitment to sustainable finance. The three-year facility includes a number of ‘green features’ ......read more

Masdar announces WiSER Pioneers Programme at Mohamed Bin Zayed Majlis for Future Generations…

Abu Dhabi, United Arab Emirates; October 11, 2018:  Masdar (Abu Dhabi Future Energy Company) has launched the Women in Sustainability, Environment and Renewable Energy (WiSER) Pioneers Programme, a year-round agenda aimed at nurturing young women aged 20-30 into the next generation of sustainability leaders through proactive engagement with policy makers, industry leaders, technical experts, entrepreneurs and community figures. The announcement was made at the second edition of the Mohamed Bin Zayed Majlis for Future Generations, held under the patronage of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The WISER Pioneers Programme, involving access to bespoke educational workshops, global networking events, and highly sought-after professional ......read more

ENEC Hosts Supplier Forum to Support Growth and Development of Local Supply Chain…

Representatives of UAE-based suppliers were updated on the status of the Barakah Project and upcoming opportunities and requirements     Abu Dhabi, UAE – 10 October 2018: The Emirates Nuclear Energy Corporation (ENEC), in collaboration with its subsidiary, Nawah Energy Company (Nawah), hosted a Supplier Forum today in Abu Dhabi. The forum brought together delegates representing a diverse range of UAE-based companies as well as employees from ENEC and Nawah.   The forum is an integral component of ENEC’s ongoing efforts to support the development and growth of a local supply chain that can meet operational service, spare part and consumable requirements for the safe, secure and efficient construction and operation of the Barakah Nuclear Energy Plant for the next 60 years or more. The forum ......read more

ADNOC and BHGE Form a Strategic Partnership to Improve Drilling Efficiencies and Grow ADNOC Drilling into a Fully-Integrated Drilling and Well Construction Business…

Strategic partnership will expand ADNOC Drilling’s capabilities into the integrated drilling and well construction segment and expand BHGE’s presence in the UAE BHGE will acquire a five percent stake in ADNOC Drilling, valuing the business at $11 billion, and the partnership will enable ADNOC Drilling to gain greater market access and new business opportunities ADNOC Drilling will obtain exclusive access to BHGE capabilities, market leading technology and equipment portfolio in the UAE to strengthen its service offering, technical expertise, improve drilling efficiencies and know-how ADNOC will capture more value from growth across its conventional and unconventional hydrocarbon resources, expand local talent development opportunities and generate greater in-country value for the UAE Abu Dhabi, UAE – ......read more

ENEC Continues to Inspire New Generations of Future Energy Pioneers…

ENEC engages with students at Al Sila School as part of Schools Outreach Program Students learn about peaceful nuclear energy and its importance to the future growth and development of the UAE Abu Dhabi, UAE – 3 October 2018:   The Emirates Nuclear Energy Corporation (ENEC) organized a visit to Al Sila School, located in the Al Dhafra region of Abu Dhabi Emirate. During the visit, students took part in a variety of activities and learned about the UAE Peaceful Nuclear Energy Program and its importance to the future growth and development of the nation.   The visit to Al Sila comes as a part of ENEC’s ongoing Schools Outreach Program, which focuses on raising awareness and understanding of the UAE Peaceful Nuclear Energy Program, educating students of all ages on how nuclear energy is used, and ......read more

Barring Oil Or Geopolitical Risks, Gulf Banks' Financial Profile Should Stabilize in 2019…

GCC banks' financial profiles should remain stable in 2019, absent any unexpected geopolitical or oil-price shock. Bank lending growth should stabilize at around the 5% mark over the next 12 months, as higher oil prices and stronger public investments raise economic growth in the region overall. We expect profitability to stabilize--with return on assets at about 1.5%-1.7% and net interest margins at 3% on average in 2018--benefitting from the higher interest rates and significant non-interest-bearing deposits on banks' balance sheets. International operations could pose a latent risk for some GCC banks. A few banks with exposure to Turkey will see some impact on their asset quality. Three-quarters of the 24 GCC banks we rate carry a stable outlook. Negative outlooks are concentrated in Qatar and on a few banks in ......read more

WCU: Signs of life as dollar weakens and trade tensions ease…

By Ole Hansen, Head of Commodity Strategy at Saxo Bank Dubai, UAE, September 23, 2018:  The Bloomberg Commodity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2% gain occurred after some early weakness after the US announcement of additional tariffs on $200 billion worth of Chinese imports.  The broad-based recovery that followed in global stocks and currencies was driven by a combination of the US tariffs coming in at the lower 10% bracket and China, while responding with its own counter tariffs, announcing plans to cut taxes, lift consumption, and lowering its average tariff rate on imports from most of its trading partners as soon as October.  While these developments may have helped sentiment, a proper de-escalation in China / US relations has yet to ......read more

IYNC and the UAE Discuss the Way Forward for Global Nuclear Energy at IAEA General Conference…

The International Youth Nuclear Congress and the UAE Permanent Representation to the International Atomic Energy Agency co-hosted a side-event at the 62nd IAEA General Conference in Vienna, Austria Young professionals from the UAE, USA, China, Russia and France share their views on the future of nuclear energy and technology Dubai, UAE, September 20, 2018:  The International Youth Nuclear Congress (IYNC) and the United Arab Emirates (UAE) Permanent Representation to the International Atomic Energy Agency (IAEA) facilitated a discussion on the role of young people in the future of the nuclear industry with representatives from around the globe. The two organizations co-hosted a side-event at the 62nd IAEA General Conference today, with opening remarks from Ambassador Hamad AlKaabi, Permanent Representative of the UAE to the ......read more

ENEC Highlights Importance of International Cooperation and Capacity Development at the IAEA 62nd General Conference…

ENEC participates in 62nd Annual Regular Session of the IAEA General Conference, UAE side event and International Youth Nuclear Congress event ENEC CEO updated the attendees on the status of the Barakah Nuclear Energy Plant Project   Abu Dhabi, UAE – 19 September 2018: The Emirates Nuclear Energy Corporation (ENEC) participated in the 62nd  Annual Regular Session of the IAEA General Conference, taking place at the IAEA International Center in Vienna, Austria, from 17 to 21 September 2018. The ENEC delegation to the Conference is led by Eng. Mohamed Al Hammadi, Chief Executive Officer of ENEC.   Eng. Mohamed Al Hammadi delivered a speech during the special event hosted by the UAE on the side-lines of the General Conference, in which he updated attending officials and representatives from IAEA member ......read more

Masdar, ADFD and PUC partner to build solar power plant with battery storage in Seychelles…

5MW Ile de Romainville Solar Park being developed with financing worth AED31 million from Abu Dhabi Fund for Development as well as funds from PUC’s own equity Solar PV project to be integrated with existing 6MW Port Victoria Wind Farm and PUC’s existing power station   Abu Dhabi, United Arab Emirates; Sept 12, 2018 – Masdar, Abu Dhabi Future Energy Company, will help the Public Utilities Corporation (PUC) in building a five-megawatt (MW) solar photovoltaic (PV) power plant with battery storage in the Republic of Seychelles The project is being financed by a AED31 million loan from Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, as well as funds from PUC’s own equity.   The project’s engineering, procurement and construction (EPC) contract ......read more

Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?…

September 11, 2018 - Dubai UAE: A 2016 report by McKinsey & Company found that 14 percent of millennials said they would not work in the oil and gas industry because of its negative image – the highest percentage of any industry. With millennials set to comprise 75 percent of the workforce by 2025, it is imperative companies within the oil and gas industry do more to attract younger talent.  In recent years, the oil and gas industry has seen the landscape in which it operates undergo significant change, marked by a West-East shift in socio-political and economic power and influence. This shift in influence is perhaps most exemplified by the long-awaited free trade agreement (FTA) between the European Union (EU) and the Gulf Cooperation Council (GCC).  The six countries of the GCC represent an important ......read more

Yahsat and Hughes to Form Joint Venture to Deliver Satellite Broadband Services…

Hughes and Yahsat to provide commercial Ka-band satellite broadband service across Africa, Middle East and southwest Asia Dubai, UAE, September 10, 2018:  Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (NASDAQ: SATS), today announced an agreement to enter into a joint venture to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia. This new venture combines Hughes deep expertise as the global leader in broadband satellite networks and services with Yahsat’s unique position and knowledge as the leader in satellite broadband solutions across these regions.  Hughes will purchase a minority interest in the ......read more

SNC-Lavalin awarded West Qurna phase 2 oil field contract in Iraq…

Dubai, UAE, September 09, 2018:  SNC-Lavalin (TSX:SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq. “We continue to build on our long-term relationship with LUKOIL and to help them realize their projects successfully. Once again, we look forward to demonstrating our expertise in the delivery of professional services and our enviable reputation that has been earned in the region for over 50 years,” said Christian Brown, President, Oil & Gas, SNC-Lavalin. “We are well established in the Middle East and have worked closely with national and international oil companies and Iraq’s Ministry of Oil on projects across the value chain, ranging from professional services to engineering and ......read more

Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF) announce the completion of a transaction to jointly develop oil fields in Western Siberia…

Dubai, UAE, September 05, 2018:  Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and Omsk regions of Western Siberia.  Further to an agreement announced on 24 May 2018, Gazprom Neft has now completed its sale of a 49-percent interest in Gazpromneft-Vostok LLC, operator of 13 fields, to Mubadala Petroleum and RDIF. Following the completion of this transaction Gazprom Neft now holds a 51-percent interest in the joint venture, with Mubadala Petroleum and RDIF holding 44 percent and five percent equity, respectively. Gazpromneft-Vostok remains a subsidiary of Gazprom Neft, and will continue to operate the fields. The ......read more

Čibuk 1 wind farm in Serbia reaches key construction milestone…

Dubai, UAE, September 04, 2018:  A collaboration between Masdar, Taaleri Energia and the German development finance institution DEG to develop the largest utility-scale commercial wind project in Serbia has successfully reached a number of key milestones, and is on schedule to start production early next year. Čibuk 1 in Dolovo, situated 50km outside the capital Belgrade, has completed the construction of 33 overhead pylons allowing for the energisation of the wind farm’s substation, its connection to existing transmission lines 11km away, and the handover of the transmission operation building to its operator.    Comprising 57 wind turbines supplied by GE Renewable Energy, the 158-megawatt (MW) wind farm is expected to provide electricity to 113,000 homes and displace more than 370,000 tonnes of carbon ......read more

Atlantic Council Global Energy Forum Returns to Abu Dhabi in 2019…

Abu Dhabi, UAE, September 04, 2018:  The third annual Atlantic Council Global Energy Forum will be held in Abu Dhabi on January 12-13, 2019, again kicking off Abu Dhabi’s Sustainability Week. The two-day premier event gathers international and regional political, industry, and thought leaders to set the global energy agenda for the year and examine the longer-term geopolitical and geo-economic implications of the changing energy system. The conference agenda this year will focus on the future of oil, the digitization of energy, diversification in energy companies and countries, and will have a regional focus on East Asian energy demand and energy innovation. Last year’s event brought over 450 people to Abu Dhabi from around the world, including CEOs, Ministers, global media, and industry experts. The forum will ......read more

FANR and Khalifa University Sign Collaborative Research Agreement…

2 September 2018, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR) and Khalifa University of Science and Technology (KU), have signed a collaborative research agreement focused on advancing nuclear safety research and educating the UAE’s next generation of peaceful nuclear energy professionals. The agreement was signed during a ceremony held at FANR’s headquarters by Christer Viktorsson, Director General of the Federal Authority for Nuclear Regulation, and Dr. Arif Sultan Al Hammadi, Executive Vice President of Khalifa University. According to the new agreement, FANR and KU will continue their joint work on the Advanced Thermal-hydraulic Test Loop for Accident Simulation Project Phase 2 (ATLAS-2), an international project jointly organized by the Organization for Economic Co-operation ......read more

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

Other Top Stories from Energy, Oil & Gas
 
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

At the outset of Big 5 Construction Exhibition:…

November 26, 2017 - Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, urged the construction sector to be aware of its efforts to integrate sustainable practices to help create a more sustainable built environment as the Big 5, the largest construction event in the Middle East, takes place from November 26 to 29, 2017 at the ......read more

UAE rolls out renewable energy training programme for Pacific Island countries…

Capacity building effort led by Masdar part of the ADFD-funded US$50 million UAE-Pacific Partnership Fund Next workshop planned before IRENA General Assembly at Abu Dhabi Sustainability Week 2018   Abu Dhabi, UAE: 26 November 2017:  The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has launched a two-year renewable energy training programme for ......read more

Disruption supports oil ahead of Opec meeting…

Canadian pipeline disruption sends WTI crude to a two-year high Copper is being supported by a mining strikes in Peru and Chile Gold gets a boost from a dovish FOMC and a stronger yen Opec meeting on November 30 to determine the direction of oil By Ole Hansen A pipeline disruption is sending WTI crude oil to a two-year high, strike action in South America is supporting copper, a ......read more

Masdar inaugurates one of the world's largest offshore wind farms in showcase of industry ...…

402MW Dudgeon Offshore Wind Farm now supplying 410,000 UK homes, displacing 893,000 tonnes of carbon dioxide annually Flagship project delivered ahead of schedule; significant cost efficiencies achieved Abu Dhabi Future Energy Company a 35% shareholder in Dudgeon alongside Statoil (35%) and Statkraft (30%)  Dubai, UAE, November 23, 2017:  Masdar, Abu Dhabi Future Energy ......read more

Financial Times names Masdar City best free zone for renewable energy…

Also collects awards for start-up support, R&D investment and facilities upgrades Abu Dhabi, United Arab Emirates; November 21, 2017:  Masdar City has been named “Best Free Zone for Start Up Support” by the Financial Times and has collected three other prestigious global awards.    The Global Free Zone of the Year Awards hosted by the FT’s fDi ......read more

Hydrogen could contribute to 20% of CO2 emissions reduction targets by 2050…

The Hydrogen Council reveals first-of-a-kind study showing hydrogen’s contribution as a key pillar of the energy transition Dubai, United Arab Emirates, November 21, 2017:  As global leaders gathered at COP23 in Bonn, Germany, 18 key leaders in their industry verticals, united in the Hydrogen Council coalition, came together to launch first-ever globally quantified vision of the ......read more

Quantum Eurostar to implement the largest ESCO project in the UAE leisure and entertainment sector…

Quantum Eurostar, a leading accredited ESCO in the UAE, has signed an agreement with Etihad ESCO, the energy efficiency and saving arm of the Dubai Electricity and Water Authority. Dubai- November 21, 2017:  Quantum Eurostar Energy Solutions Company (QESCO), a leading accredited ESCO in the UAE, announced ESCO projects in the UAE to undertake innovative energy management solutions ......read more

LED set to form over 50% of regional lighting market by 2020…

Dubai, UAE, November 18, 2017:  The quest for energy efficiency and ecologically friendly lighting solutions is set to drive demand for green lighting products in the Middle East. These trends are increasingly evident in the build up to Light Middle East 2017, where global lighting majors target the lucrative green lighting market. The leading trade, networking and business ......read more

ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developing Countries, Invite ...…

ADFD concessional loans will fund transformative renewable energy projects in developing countries Abu Dhabi, UAE, 16 November 2017:  The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded US$350 million ......read more

Schneider Electric at ADIPEC 2017: Real-time Data to Revolutionise Oil and Gas Industry.…

Company Showcases Latest EcoStruxure™ for Oil and Gas Solutions at Booth No. 4250, Hall 4 at Abu Dhabi National Exhibition Centre Dubai, UAE, November 16, 2017:   Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses. Building around this concept, Schneider ......read more

H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant…

Abu Dhabi, UAE – 16 November 2017:  His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Al Dhafra Region, visited the Barakah Nuclear Energy Plant to witness the latest construction milestones and receive a briefing on progress of the UAE Peaceful Nuclear Energy Program. His Highness Sheikh Hamdan was hosted by His Excellency Khaldoon Al Mubarak, Chairman ......read more

BP wins Advancements in Asset Performance category for Khazzan Gas Production project…

November 15, 2017 – BP Oman has won the prestigious BIM Advancements in Asset Performance of Utilities and Industrial Facilities category in Bentley’s Be Inspired Awards program. The announcement was made during Bentley’s annual Year in Infrastructure Conference, held in Singapore last month. The Khazzan Project in Oman is one of BP’s seven major projects in 2017, and ......read more

ADSB successfully expands into oil and gas industry despite low oil prices…

Oil price decline has led to new market opportunity, says CEO Company’s revised strategy turned AED 90.6m (US$24.7m) loss in 2014 to a net profit of AED 71m (US$19.2m) in 2016 New brand identity unveiled at ADIPEC today 14 November 2017 – Abu Dhabi, UAE:  Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, ......read more

Khalifa University Showcases Research Projects in Oil and Gas Sector at ADIPEC 2017…

Faculty and Students from Petroleum Institute Participate in Sharing of Knowledge and Experience Abu Dhabi, 14 November 2017:  The Khalifa University of Science and Technology, a research university dedicated to the advancement of learning through teaching and research and to discovery and application of knowledge, has announced it is participating through Petroleum Institute as an ......read more

Schneider Electric at ADIPEC 2017: Real-time Data to Revolutionise Oil and Gas Industry…

Company Showcases Latest EcoStruxure™ for Oil and Gas Solutions at Booth No. 4250, Hall 4 at Abu Dhabi National Exhibition Centre Dubai-UAE: 13 November, 2017:  Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses. Building around this concept, Schneider Electric, ......read more

Prestigious private & government entities extend full support to Abu Dhabi Science Festival 2017…

November 13, 2017 - Renowned private and public organizations from across the UAE are extending their full support to the 7th Abu Dhabi Science Festival (ADSF) running until the 18th of November 2017 simultaneously at both Khalifa Park and the Al Ain Zoo under the patronage of H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed ......read more

Abu Dhabi Residents Learn About Nuclear Energy and Latest Project Updates at ENEC Public Forums…

Hundreds of UAE residents attended ENEC’s latest public forums Abu Dhabi, UAE – 13 November 2017:  Hundreds of residents, members of the public and students, attended two successful public forums organized by the Emirates Nuclear Energy Corporation (ENEC) in the Emirate of Abu Dhabi. The forums were held at Baynounah Educational Complex in the Al Dhafra Region on the 6th ......read more

Empower's ‘Consultants' Meet discusses new district cooling guidelines for 2018…

Dubai, UAE, November 12 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider held ‘Consultants’ Meet’ in Dubai to discuss the new district cooling guidelines for 2018. The event was attended by over 100 guests, including district cooling technical experts, contractors and consultants. The meeting is part of a ......read more

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