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Featured in Energy, Oil & Gas
ENEC achieves 75 million safe work hours without a Lost Time Injury at Barakah Nuclear Energy Plant…

Abu Dhabi, UAE – 22 January 2019:   The Emirates Nuclear Energy Corporation (ENEC) has achieved 75 million safe work hours at the Barakah Nuclear Energy Plant, reflecting ENEC’s commitment to the highest standards of safety, security and quality in the development of the UAE Peaceful Nuclear Energy Program. His Excellency Eng. Mohamed Al Hammadi, Chief Executive Officer of ENEC, Mark Reddemann, Chief Executive Officer of Nawah Energy Company, Nasser Al Nasseri, Chief Executive Officer of Barakah One Company, Mr. HoPyeong Lee, Executive Vice President and Chief Human Resource Officer of the Korea Electric Power Corporation (KEPCO), and a number of senior management officials from ENEC and its subsidiaries attended a special ceremony held at the Barakah Nuclear Energy Plant to celebrate the safety ......read more

DEWA to highlight future possibilities for women in the sustainable energy sector…

Organised by Dubai Women Establishment, Global Women’s Forum Dubai 2020 announces DEWA as Strategic Sustainability Partner • Saeed Al Tayer: GWFD’s goals align with DEWA’s efforts to enhance women’s participation in vital sectors, with a particular emphasis on the energy field, as well as areas of innovation and creativity. • Mona Al Marri: DEWA’s collaboration reinforces the Forum as an exemplary platform that mobilises joint efforts to advance women’s positive impact.  Dubai, UAE; 22 January 2020: Dubai Women Establishment (DWE) has announced Dubai Electricity and Water Authority (DEWA) as the Strategic Sustainability Partner of Global Women’s Forum Dubai 2020 (GWFD 2020), which will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ......read more

Metito Group-led Consortium with Jinko Power and AlJomaih Group awarded 55 MWe ac grid-tied solar power plant in Bangladesh…

• The Consortium wins the project with the record-breaking lowest bid to develop a 55-megawatts electric ac plant • The solar power plant will significantly contribute to the Bangladesh government’s agenda towards sustainable use of energy-mix   21 January 2019 – The Government of Bangladesh has awarded the Rangunia 55-megawatts electric (MWe) ac grid-tied solar power plant project to the Consortium led by Metito Group together with Jinko Power and AlJomaih Group (the Consortium). The project will be developed on a Build Own Operate (BOO) basis under a 20 years concession agreement, which is in line with the Government’s vision to secure a more balanced energy-mix and a reduction in environmental pollution in Bangladesh.   The Bangladesh Power Development Board (BPDB), pursuant to ......read more

Schneider Electric's commitment to sustainability recognized in two leading rankings…

  • The Group is ranked in the Corporate Knights Global 100 Most Sustainable Corporations, and the Carbon Disclosure Project (CDP) ‘A-List’ • The rankings were announced on the opening day of the annual World Economic Forum in Davos    January 21, 2020 – Schneider Electric, the leader in digital transformation of energy management and automation, has been given two significant rankings - including a top place on among the Global 100 Most Sustainable Corporations ranking of Clean Capitalism magazine Corporate Knights, and a place on the Carbon Disclosure Project (CDP) “A-List” for the ninth consecutive year. The rankings were announced on the opening day of the annual meeting of the  World Economic Forum in Davos, where environmental sustainability is a dominating ......read more

UAE Delegation Meets with Senior U.S. Government Officials in Washington, DC to Commemorate Ten-Year Anniversary of Peaceful Civilian Nuclear Energy Cooperation…

Dubai, United Arab Emirates, January 21, 2020:    A senior delegation of officials from the Emirates Nuclear Energy Corporation (ENEC) in Abu Dhabi, United Arab Emirates, visited Washington, DC last week to highlight progress around the development of the country’s peaceful nuclear energy program. Their visit to the United States also coincided with the ten year anniversary of the signing of the U.S.-UAE Agreement for Peaceful Civilian Nuclear Energy Cooperation (also called a 123 Agreement).   Led by ENEC CEO H.E. Eng. Mohamed Al Hammadi, the delegation met with U.S. Under Secretary of Energy Mark Menezes, Under Secretary for Nuclear Security Lisa Gordon-Hagerty, and Assistant Secretary for the Office of International Affairs Theodore Garrish at the Department of Energy. The meetings were also attended by UAE ......read more

Tabreed Energy Services Launched…

January 14, 2020 -  Abu Dhabi, United Arab Emirates:  The National Central Cooling Company PJSC (DFM: Tabreed), the leading  international district cooling developer based in the UAE, establishes ‘Tabreed Energy Services’, a new entity consolidating its service businesses to provide customers with an integrated set of consultancy, operations and maintenance services, that will help them optimize the energy efficiency of their buildings and developments.  Building on more than 20 years’ of experience in offering management services as a complement to its core district cooling offering, the new company will allow building owners, both government and private sector, to access Tabreed’s deep expertise in optimising energy efficiency and in particular cooling systems, which are the largest ......read more

Clean, Baseload electricity from Barakah Nuclear Energy Plant will complement renewables in UAE's clean energy transition…

 ENEC highlights the benefits that nuclear energy will bring at World Future Energy Summit 2020 Nuclear energy produces emissions-free electricity 24/7   14 January 2020, Abu Dhabi, UAE:   The Emirates Nuclear Energy Corporation (ENEC) has partcipated in the ongoing World Future Energy Summit, part of Abu Dhabi Sustainability Week 2020, to showcase the impactful role that nuclear energy will play in sustainably powering the growth of the country, in line with the UAE Energy Strategy 2050.   The Strategy includes a reduction in carbon dioxide emissions by 70 per cent, an increase in clean energy use by 50 percent and a 40 percent improvement in energy efficiency by the middle of the century. Nuclear energy will complement the introduction of increasing levels of renewables into the UAE’s ......read more

EEC Engie Deploys Schneider Electric's New Medium Voltage SF6-Free Switchgear Technology…

• New green and digital electrical distribution equipment helps the utility meet environmental challenges • Schneider’s technology uses pure air insulation and vacuum interruption to eliminate use of the SF6 greenhouse gas • EcoStruxureTM for Electricity Companies helps ensure business continuity through connected electrical equipment and sensors January 12, 2020 - Schneider Electric, the leader in the digital transformation of energy management and automation, announced a new pilot project with EEC Engie last month, an electric utility in New Caledonia and the Loyalty Islands. Pursuing their ambition to remove SF6 switchgear installed on their networks, EEC Engie turned to the new SF6-free technology from Schneider Electric. When innovation serves sustainability  EEC Engie serves nearly 66,000 ......read more

ADNEC to Host the World Future Energy Summit 2020…

WFES to bring together government and business leaders to ADNEC   Abu Dhabi-UAE: 12 January, 2020:   Abu Dhabi National Exhibitions Company (ADNEC) has finalised its preparations to host the World Future Energy Summit 2020 (WFES) and its co-located events including WFES Energy, WFES Water, WFES Solar, WFES ecoWASTE, WFES GREEN BUILDINGS, WFES MOBILITY to be 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, running at ADNEC from January 13 to 16. This is the 13th year that ADNEC has hosted WFES and the event is one of the largest sustainability gatherings in the region as well as one of the key international events on ADNEC’s annual calendar. The event is further reinforcing its reputation as a ......read more

Attendees from 170 Countries Expected as World Future Energy Summit Extends its Global Business Reach…

Eight National Pavilions Set to Exhibit at the World Future Energy Summit;  Smart Cities Exhibition and Forum Added to Sustainability Conversation; Climate Innovation Exchange (CLIX) Returns for Third Edition, With Mobility Start-Ups as an Additional Pillar for 2020; 33,500 Buyers, Distributors, Project Owners, Consultants and More Will Look to Abu Dhabi in Search for New Technologies and Products   Abu Dhabi, United Arab Emirates  - December 26, 2019:  The World Future Energy Summit in Abu Dhabi is further reinforcing its reputation as a global marketplace for renewable energy and sustainable technology, with organisers confirming over 90 percent of the exhibitor space is sold out for the 2020 event in January. There are also eight countries confirmed to host national pavilions at the event, to promote ......read more

Empower awarded contracts with a total value AED1.130 billion in 2019…

Dubai, United Arab Emirates; December 24, 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has awarded contracts with a total value of AED1.130 billion during 2019, to various companies as part of the development of District Cooling infrastructure in Dubai. The contracts included engineering consultancy; plant and other constructions, design and operation of cooling plants; expansion of district cooling pipe network; development of new networks to serve the latest projects in Dubai, as well as establishment of new energy transfer stations, procurement of pipes and fittings and more.   This substantial increase in the company's contracting activity during 2019, reflects the growing demand for eco-friendly district cooling ......read more

Empower Sets a Clear Vision to Keep Up with Urban Growth and Preserve Natural Resources…

Dubai, UAE; December 18, 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that district cooling service is one among the globally approved solutions by the UN, to help preserving the environment by efficiently saving energy and water every year. This technology plays a major role in combating climate change and water shortage resulting from population growth and changes in the systems of utilizing natural resources.. District cooling solutions help directly with urban development, being a key requirement in planning and designing new, green buildings in Dubai in particular, and as one of the six energy efficiency accelerators within the framework of the United Nations’ ‘Sustainable Energy for All’ (SEforALL). World ......read more

Empower Pilots the world's First unmanned District Cooling plant…

With an output capacity of 50k RT   Dubai, UAE:  15th December 2019:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced pilot operation of the world's first unmanned cooling plant at Jumeirah Village Circle in Dubai, with a total cooling capacity of 50,000 Refrigeration Tons (RT). Empower explained that the highest international standards have been maintained in the construction and building design of the new plant, as it took into account the criteria of sustainable green buildings, and modern urban development in Dubai, as well as the general appearance of the district, and the external appearance of the buildings. The corporation indicated that the plant leverages with the latest technologies in district cooling systems and uses ......read more

Adoption of district cooling services supports global trends to combat climate change…

Dubai, UAE, 11th December 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that district cooling is a key pillar in combating climate change worldwide. Countries are moving towards maintaining a sustainable environment, by adopting environmentally-friendly solutions and services, to create a better future for generations to come. This comes in line with the global approach to combat climate change.   Advantages Empower highlighted that district cooling is one of the best internationally-adopted solutions to combat climate change, as they contribute to reducing carbon emissions. District cooling systems use the latest local and global technologies, to reduce annual energy consumption and protect the environment.  District ......read more

Renewable energy rises to the top of Middle East's energy agenda…

• Middle East electricity demand to triple by 2050 • More than $100bn worth of clean energy projects already in pipeline • Cost of installing photovoltaic solar in Middle East has fallen by 73 per cent since 2010   Dubai, UAE 11 December:    The Middle East’s energy and utilities sector is undergoing an unprecedented transformation, with the shift towards renewable energy and digital innovation at the heart of ambitious energy diversification programmes. As governments seek to increase energy security and maximise returns from hydrocarbon resources, utilities are pressing ahead with some of the largest renewable energy schemes in the world.   A number of milestones in the push for clean energy across the region were reached in 2019, including the commissioning of the ......read more

Empower achieves 40% Emiratisation in its senior management in 2019…

Dubai, UAE, 8th December 2019:    Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, revealed that it has achieved 40% Emiratisation in its senior management, and 33% in its middle management. Empower also highlighted that 15% of company’s 750 employees are Emiratis, out of which 48% are female Emirati employees and 52% are male Emirati employees. This supports gender balance in the work environment and attracts young Emirati talents, to work in the district cooling sector.  This comes within the framework of Empower's commitment to enhance the role of Emirati talents in driving economic development by increasing the number of employees working in the district cooling sector in line with the UAE Vision 2021. Empower strives to participate ......read more

ENEC Hosts Knowledge Sharing Forum Focused on Business Continuity Management…

Representatives of UAE government entities shared best practices in business continuity management discussing the value it brings to businesses     Abu Dhabi, UAE – 7 December 2019:  The Emirates Nuclear Energy Corporation (ENEC) has hosted a Knowledge Sharing Forum in Abu Dhabi, UAE. The forum convened representatives and delegates from a diverse range of UAE government entities. Attendees learned about latest best practice in business continuity management within the peaceful nuclear energy industry and how these best practices can be implemented across other sectors.   The forum is a result of ENEC’s commitment and continued efforts to support the UAE’s successful transition into a knowledge-based economy and society. Through sharing knowledge, engaging with local stakeholders and ......read more

ENEC welcomes visit by senior Emiratis to headquarters in Abu Dhabi…

 Group of 50 senior Emiratis from Sharjah visit ENEC’s headquarters  Senior officials  from ENEC and its subsidiaries brief senior citizens on the importance and progress of the UAE Peaceful Nuclear Energy Program     Abu Dhabi, UAE – 4 December 2019:   The Emirates Nuclear Energy Corporation (ENEC) has hosted a visiting group of 50 senior Emiratis, members of the Sharjah Social Services Department branch in Dibba Al-Hisn, at its headquarters in Abu Dhabi. The group had previously expressed interest in learning about the UAE Peaceful Nuclear Energy Program and visiting ENEC’s headquarters.    His Excellency Eng. Mohamed Al Hammadi, Chief Executive Officer of ENEC, welcomed the senior Emiratis along with members of ENEC’s management and ......read more

ENEC Releases 'Tasamoh' a Rehabilitated Green Turtle and organizes Beach Cleanup at Barakah Nuclear Energy Plant…

ENEC releases a rehabilitated green turtle back into the sea at the beach next to the Barakah plant while employees conduct annual beach cleanup     Abu Dhabi, UAE - 29 November 2019:  The Emirates Nuclear Energy Corporation (ENEC) organized the release of a rehabilitated Green turtle back into her natural habitat in Barakah, while employees participated in a beach cleanup. The activities are a result of ENEC’s commitment to sustainability and the preservation of the UAE’s natural heritage.   Following the beach cleanup, during which employees collected a significant amount of litter, one large Green turtle called 'Tasamoh' in Arabic which means Tolerance, was released back into the sea. The turtle was originally found in the Barakah plant’s water inlet and was rehabilitated in the ......read more

With a mission to make water available everywhere, S4SUN by DAB makes its debut at the BIG 5 Dubai…

• Italian water tech major DAB presents the solar energy pumping system which can be used in regions without electricity. • DAB, present at Stand C31, Hall 1, Big 5 Dubai 2019, also showcases FX submersible pumps for lifting and movement of civil and industrial waste water.     DUBAI - November 26, 2019:   DAB Water Technology, an Italian frontrunner in the global water management industry, launched in Dubai solar energy pumping system S4SUN, which can be used in regions without electricity. DAB also launched DAB FX submersible pumps that are efficient, reliable and resistant for lifting and movement of civil and industrial wastewater.   With a pumping system using solar energy, S4SUN is the solar motor capable of collecting water everywhere in the world, even in the poorest and most ......read more

Al Dhafra residents learn about nuclear energy and Barakah plant progress at ENEC public forum…

 More than 300 Al Dhafra residents and stakeholders attended ENEC’s latest public forum  Senior officials  from ENEC and operating and maintenance subsidiary Nawah delivered informative presentations and answered questions   Abu Dhabi, UAE - 26 November 2019:   More than 300 residents, students and stakeholders attended a public forum organized by the Emirates Nuclear Energy Corporation (ENEC) at the Baynounah Educational Complex in Madinat Zayed, Abu Dhabi.   The forum highlighted the strategic nature and national significance of the UAE Peaceful Nuclear Energy Program. It will provide safe, clean, reliable and efficient electricity for up to 25% of the nation with almost zero carbon emissions. Engineers also provided updates on the progress being made at the Barakah Nuclear ......read more

Innovative Solutions in Construction Industry are Key to District Cooling Energy Efficiency…

Dubai, UAE, 25th November 2019:    Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that utilising of innovative solutions in the construction industry is one of the key factor for energy efficiency in district cooling services. This came in conjunction with The Big 5 Exhibition, the largest and most influential building and construction show in the Middle East, being held from 25 to 28 November, 2019 at Dubai World Trade Centre.  The exhibition discusses the changing economic landscape, promoting businesses, launching of latest construction and sustainability solutions, educating industry professionals, promoting best practices in line with technological innovations, and enabling industry professionals to review products from around the ......read more

ENEC to host public forum in Al Dhafra Region…

ENEC CEO, H.E. Eng. Mohamed Al Hammadi, and senior officials to highlight the progress being made at the Barakah Nuclear Energy Plant in preparation to commence unit 1 start-up in early 2020       Abu Dhabi, UAE - 23 November 2019:   Emirates Nuclear Energy Corporation (ENEC) will host a public forum at the Baynounah Educational Complex in Madinat Zayed, Abu Dhabi, on Monday, 25 November, 2019.   The forum is a core component of ENEC's ongoing commitment to engage with the local community on the UAE Peaceful Nuclear Energy Program and its benefits, as well as providing updates on the progress being made at the Barakah Nuclear Energy Plant. The event is open to all members of the public in addition to various stakeholders; from government entities and the peaceful nuclear energy ......read more

EWEC receives bids for the world's largest solar power plant project in the Al Dhafra region in Abu Dhabi…

The plant is expected to be almost double the size of EWEC’s ‘Noor Abu Dhabi’ solar plant - the current largest operational single-site Solar PV plant in the world   23 November 2019, Abu Dhabi, UAE:   The Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower) and a leading company in the integrated coordination of planning, purchasing and supply of water and electricity in the Emirate of Abu Dhabi and beyond, has received bids for its 2 GW Solar Photovoltaic (PV) Independent Power Producer (IPP) project, to be located in the Al Dhafra region in the Emirate of Abu Dhabi, capital of the United Arab Emirates.  The project tender included the financing, construction, operation and maintenance of the solar plant, including installation of solar ......read more

Inclusion and Diversity Can Deliver Business Benefits for Oil and Gas Industry…

The UAE is Leading the Way to Create a More Diverse Oil and Gas Industry, But Much Remains to Be Done, Says ADIPEC Keynote Speaker   Abu Dhabi, UAE – 14 November 2019:   Oil and gas companies will reap financial as well social benefits from actively promoting inclusion and diversity in their organisations, industry leaders at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) heard today.   In delivering the keynote address for ADIPEC’s co-located Inclusion and Diversity in Energy Conference, Tala Al Ramahi, Chief Strategy Officer for the Special Olympics World Games Abu Dhabi, said that while diversity remained a problem in oil and gas, ADNOC and other leading companies were actively seeking to change this.   “Women make up only 15 percent of the oil and gas ......read more

Other Top Stories from Energy, Oil & Gas
 
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 ......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 ......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 ......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 ......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, ......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 ......read more

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

All major concrete work successfully completed at Unit 3 of the Barakah Nuclear Energy Plant Major construction work completed on Unit 3 Turbine Generator and Reactor Vessel (RV) Internals Abu Dhabi, UAE – 10 July 2018:   The Emirates Nuclear Energy Corporation (ENEC) has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear ......read more

3rd UAE France Oil and Gas Connecting Days…

Abu Dhabi, June 25-26, 2018 Dubai, United Arab Emirates; July 3, 2018:  Business France jointly with EVOLEN, and the French Business Group hosted the third UAE France Oil and Gas Connecting Days from June 25th to 26th in Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala Petroleum.  This event was ......read more

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

ADIPEC Awards Celebrate Excellence in the Petroleum Industry Categories Highlight Outstanding Achievements Shaping the Future in an Evolving Landscape for Hydrocarbons Abu Dhabi, UAE – 3 July 2018 –   Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience ......read more

FANR Hosts IAEA Nuclear Infrastructure Review Mission…

1 July 2018, Abu Dhabi, United Arab Emirates:   The United Arab Emirates hosted the International Atomic Energy Agency (IAEA) Phase 3 Integrated Nuclear Infrastructure Review (INIR) mission from 24 to 1 July. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and ......read more

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

Dubai, UAE, June 28, 2018:  Introduction and basis for preparation    This report sets out details of the payments made to governments by RAK Petroleum plc and its subsidiary undertakings (‘RAK Petroleum’) for  the year ended 31 December 2017 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the ......read more

Siemens to supply three large gas turbines to Dubai…

Dubai, UAE, June 27, 2018:  Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by the Egypt-based company El Sewedy Electric Co ......read more

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

Dubai, UAE, June 24, 2018:  The Bloomberg Commodity Index has seen its year-to-date gains disappear following four weeks of heavy selling. The broad-based index, which tracks 22 major commodities evenly split between energy, metals and agriculture, has been hurt by a stronger dollar and trade war angst as well as expectations that Opec+ will increase production in order to cap crude ......read more

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

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 ......read more

Etihad ESCO signs service agreement with Jamal Al Ghurair Group for its first retrofit project in ...…

June 20, 2018 - Etihad ESCO, the leading energy service company, announced the signing of an agreement with Jamal Al Ghurair Group to retrofit two of their industrial facilities in Abu Dhabi- Gypsemna and Porcellan. Etihad ESCO and Jamal Al Ghurair Group formed the partnership after identifying the enormous energy savings potential of the project. Being the first retrofit program to be undertaken ......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 ......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 ......read more

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

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 ......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 ......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 ......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 ......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 ......read more

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

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 ......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 ......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, ......read more

Over 200 Senior Energy, Petrochemical and Private Sector Leaders and CEOs Tour Ruwais As Part of ...…

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, ......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 ......read more

Khalifa Fund joins ADNOC's In-Country Value Program…

The Khalifa Fund for Enterprise Development (KFED) has joined a workshop on the implementation of Abu Dhabi National Oil Company’s (ADNOC) new In-Country Value (ICV) strategy that was launched to help stimulate socio-economic value, promote locally-made content and products, and nurture government and private partnerships in the UAE. The participation was in keeping with Fund’s vision ......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 ......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 ......read more

Etihad ESCO throws spotlight on retrofit program achievements at MEFMA CONFEX 2018…

May 1, 2018- Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), threw the spotlight on the energy and cost savings achieved through successful implementation of retrofit programs by Etihad ESCO in the emirate, during his participation as a keynote speaker at the 8th MEFMA CONFEX, which was recently held in Dubai. The two-day event, organized under the theme ‘Sustainable FM ......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 ......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 ......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, ......read more

Game Changing technologies take centre stage at Middle East Static Equipment Engineering & ...…

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 ......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 ......read more

Dubai Energy Efficiency Training Program inaugurates its first training session …

April 19, 2018 - Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), officially inaugurated the first session of the Certified Measurement & Verification Professional (CMVP) program recently, alongside Professor Abdullah Al Shamsi, Vice Chancellor of the British University in Dubai (BUiD). The session, which forms part of the Dubai Energy Efficiency Training Program, was held ......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, ......read more

Awaidha Al Marar applauds success of operating Taweelah A2 by UAE Nationals …

UAE, April 10, 2018 – H.E. Engineer Awaidha Murshed Al Marar, Chairman of the Department of Energy - Abu Dhabi, lauded the Emirates CMS Power Company’s (ECPC) initiative aimed at managing and operating Taweelah A2 in Abu Dhabi by UAE Nationals for one month, noting that its success in achieving its objectives further boosts Emirati employees to handle leading roles in the future ......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 ......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 ......read more

Etihad Energy to host the 4th Annual RetrofitTech Dubai Summit and Awards…

April 8, 2018 - In line with their collective efforts to make Dubai a leading example of energy efficiency for the region and the world, Etihad Energy Service Company (Etihad ESCO) and TAQATI- the dedicated program management office for the Dubai Demand Side Management (DSM) strategy - are hosting and strategically endorsing the 4th Annual RetrofitTech Dubai Summit and Awards on April 10 and 11, ......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 ......read more

Ensuring water security for future generations is the biggest challenge, says Suhail Al Mazrouei…

Dubai, United Arab Emirates, April 3, 2018:  The biggest challenge for the UAE’s Minister of Energy and Industry is ensuring water security for the country’s future generations.  Speaking at the inaugural edition of the Global Leaders Forum, held in Dubai on April 3, 2018, His Excellency Suhail Al Mazrouei, the UAE’s Minister of Energy and Industry, said, ......read more

Government of Ras Al Khaimah Launches Petroleum Licensing Round…

Ras Al Khaimah, United Arab Emirates, 2 April 2018:  The Government of Ras Al Khaimah has announced the official launch of RAK’s 2018 petroleum licensing round (the “Licensing Round”) and the establishment of the new Ras Al Khaimah Petroleum Authority – the regulator responsible for the Licensing Round tendering process and ongoing management of petroleum rights. ......read more

Torresol Energy Celebrates Ten Years of Solar Thermal Power Generation…

Collaborative Masdar- and SENER-backed solar company has paved the way for the development of more efficient concentrated solar power (CSP) technologies Dubai,UAE, March 29, 2018: In the ten years since it was established through a collaboration between Masdar, Abu Dhabi’s renewable energy company, and SENER, the Spanish engineering and technology specialist, Torresol Energy has ......read more

Gulf Oil Middle East partners with Al Naboodah Group Enterprises to enhance its UAE distribution ...…

DUBAI – March 29, 2018:   Gulf Oil Middle East Ltd (GOMEL), a part of Hinduja Group and a wholly owned subsidiary of Gulf Oil International Ltd (GOI), announced its strategic partnership with Al Naboodah Group Enterprises (ANGE), one of the leading conglomerates in the UAE. Under the agreement, ANGE will distribute Gulf Oil’s entire range of automotive and industrial ......read more

Renish Group officially launches Alaska International with higher storage capacity …

March 27, 2018 - Renish Group, a growing company in oil space, has officially launched its Hamriyah port-based storage facility in the UAE, the Alaska International FZE, with higher capacity at 22 tanks as part of its continuing efforts to boost its storage ability and expand its operations in the Middle East.   Renish Group acquired Alaska International in 2013 with just 60,000 m3 ......read more

ENEC Showcases Opportunities in the UAE Peaceful Nuclear Energy Program at National Service Career ...…

ENEC’s wide range of technical scholarships offer talented students the opportunity to develop nuclear-related skills and acquire hands-on experience Abu Dhabi, UAE – 27 March 2018:   The Emirates Nuclear Energy Corporation (ENEC) and its operating subsidiary Nawah Energy Company (Nawah) have offered a wide range of scholarships and showcased unique career opportunities ......read more

Masdar and Korea Energy Agency to explore renewable energy collaboration and investment…

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

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