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Featured in Energy, Oil & Gas
Mubadala Petroleum Signed South Andaman PSC in Indonesia…

Abu Dhabi, 18 February 2019:  Mubadala Petroleum announces that it has signed the Gross Split Production Sharing Contract (PSC) for South Andaman, as awarded by the Government of Indonesia pursuant to the 2018 Indonesian Third Direct Tender Round. Following the signing, Mubadala Petroleum is the operator of both the South Andaman and the adjacent Andaman I PSC and a partner in the Andaman II PSC.   The South Andaman PSC is located in the underexplored but proven North Sumatra basin offshore Aceh. With participating interests now in three adjacent blocks, Mubadala Petroleum is the largest net acreage holder in the area, securing the core of the North Sumatra basin for future exploration growth.  Mubadala Petroleum has been involved in the region since 2011 through Joint Study Agreements. The PSCs have the ......read more

The UAE's Pioneering Nuclear Energy Program Discussed During ‘Government Leadership Talks'…

Entitled “Pioneering Nuclear Energy; Emirati Leadership” the session was led by H.E. Eng. Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation  The session, held at ENEC’s headquarters in Abu Dhabi, highlighted the key role played by peaceful nuclear energy in powering the future growth and prosperity of the UAE   Abu Dhabi, UAE - 18 February 2019: The Emirates Nuclear Energy Corporation (ENEC) hosted a special session for alumni of the UAE Government Leadership Program (UAEGLP) entitled “Pioneering Nuclear Energy: Emirati Leadership.” The session was held as a part of the Government Leadership Talks series, part of the UAEGLP, and organized by the Prime Minister's Office (PMO) at the Ministry of Cabinet Affairs and Future.   The session was ......read more

MHPS Is Global Market Share Leader in 2018 for Heavy Duty Gas Turbines…

J-Series Reliability and Efficiency Propel Mitsubishi Hitachi Power Systems to Global Leadership   Dubai, UAE (February 18, 2019) - Mitsubishi Hitachi Power Systems (MHPS) has achieved a major milestone in the global Power Generation sector, securing 2018 market share leadership in global orders for heavy duty gas turbines (100 MW and above). The result is based on data compiled by McCoy Reports, the premier reporting agency in the gas turbine market. This segment is the most closely watched by industry experts because it represents the most advanced technology and drives energy production globally.   MHPS market leadership was driven by the J-Series gas turbine and its industry-leading 64+% efficiency and 99.5% reliability. Globally, MHPS' heavy duty turbines captured 41% global market share. For the ......read more

Etihad ESCO announces completion of Hatta Solar retrofit project…

7,756 photovoltaic (PV) solar panels installed over roofs of 554 Hatta villas Project to generate 3,612,357-kilowatt hour (KWh) of power annually Annual reduction of CO2 emissions by 2,159 tons among many benefits   UAE, 13 February 2019 – With DEWA’s support and sponsorship, Etihad Energy Services Company (Etihad ESCO), the wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA), announced the successful completion of the Hatta solar retrofit project, which included installation of 7,756 photovoltaic (PV) solar panels over the roofs of 554 Hatta villas. The project, which forms part of DEWA’s Shams Dubai initiative, aims to generate 3,612,357-kilowatt hour (KWh) of energy annually out of 554 newly retrofitted villas. The average peak power of the solar PV system installed (kWp) on ......read more

Nexans to present its cutting-edge umbilical offer at EGYPS 2019…

Dubai UAE, February 11, 2019 – Nexans, a global actor in cabling systems and services and an industry leader in umbilicals, will be attending the EGYPS 2019 exhibition and conference on February 11-13.  Through several umbilical deliveries in East Mediterranean, Nexans has confirmed its role as a trusted and committed partner in the in the oil and gas industry. This has also recently been confirmed by a recent award of three new umbilical projects in the area. Nexans’ track record of long tie-backs and deep water applications have been key criterias when being awared the recent contracts.  “Nexans is committed to supporting the East Mediterranean region in exploring the great potential of the energy business . Over the years, we have supplied umbilical solutions to numerous major projects in the area, ......read more

ENEC Marks Innovation Week with a Focus on Youth, Artificial Intelligence and Sustainability…

ENEC Innovation Week activities included an Innovation Majlis, hackathons, and collaboration with academia to foster innovative thinking and the pursuit of excellence Abu Dhabi, UAE - 07 February 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of its UAE Innovation Month activities. The initiatives were designed to foster and sustain a culture of innovation, future planning and adoption of smart solutions across all of ENEC’s business units and subsidiaries. UAE Innovation Month is one of the largest innovation initiatives in the world. Jointly developed by the Government and private sector entities, the initiative aims to strengthen the UAE’s global presence and increase ......read more

ENEC Marks Innovation Week with a Focus on Youth, Artificial Intelligence and Sustainability…

ENEC Innovation Week activities included an Innovation Majlis, hackathons, and collaboration with academia to foster innovative thinking and the pursuit of excellence Abu Dhabi, UAE - 06 February 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of its UAE Innovation Month activities. The initiatives were designed to foster and sustain a culture of innovation, future planning and adoption of smart solutions across all of ENEC’s business units and subsidiaries. UAE Innovation Month is one of the largest innovation initiatives in the world. Jointly developed by the Government and private sector entities, the initiative aims to strengthen the UAE’s global presence and increase ......read more

ENEC's CEO Highlights Strategic Importance of UAE Peaceful Nuclear Energy Program at Abu Dhabi University…

Eng. Mohamed Al Hammadi addresses UAE high ranking military students at Abu Dhabi University ENEC CEO delivers series of lectures on the role of UAE Peaceful Nuclear Energy Program in advancing the nuclear energy industry locally and internationally     Abu Dhabi, UAE – 2 February 2019: Eng. Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), addressed high ranking UAE military students at Abu Dhabi University on the unique qualities of the UAE Peaceful Nuclear Energy Program, as a part of a wider lecture series aimed at highlighting the UAE Program’s benefits to the nation, and leading role within the international nuclear energy industry.   As a part of a special course on International Nuclear Politics under the Master's Program in ......read more

Saudi Plastic and Petrochemical Exhibition 2019 set to launch with government and private sector backing…

Big opportunities to help increase petrochemical output in the Kingdom to USD 453.3 billion by 2030 January 23, 2019 –   Under the patronage of His Royal Highness Prince Mishaal Bin Majid bin Abdulaziz Al Saud, Governor of Jeddah, the Jeddah Centre for Forums and Events is set to host the 16th edition of the Saudi Plastic and Petrochemical Exhibition, organized by Riyadh Exhibition Company. The event, taking place from 27-30 January 2019, will host industry leaders from the Kingdom, the region and around the world as they discuss the latest developments related to the plastics and petrochemical industries at local, regional and international levels. The exhibition, supported by both government and private sectors, is strategically important as it provides an ideal platform to enable local companies to establish a base ......read more

ENOC ‘Women in Energy Awards' recognises achievements in the energy sector…

Eight women from diverse backgrounds within the energy sector win inaugural awards   Dubai, UAE; January 22, 2019:  ENOC Group’s inaugural ‘Women in Energy Awards’ honoured eight women in a first-of-its-kind award ceremony held to recognise women’s achievements within Dubai’s energy sector.    The biennial awards which were previously announced on ‘Emirati Women’s Day’ in August of 2017 saw several strong entries from nine government entities across three major categories.    A third-party judging panel followed stringent qualifying measures in selecting winners in the business, professional and social categories. Eng. Nada Jasim from RTA and Eng. Maryam Obaid Al Mheiri from Dubai Municipality were declared winners in the highly coveted ......read more

Crescent Petroleum signs MoU to sponsor Special Olympics…

Sharjah, UAE January 20, 2019:   Crescent Petroleum, the Middle East's first and largest private exploration and production company, has signed a memorandum of understanding (MoU) with the Local Organizing Committee (LOC) for Special Olympics World Games Abu Dhabi 2019 to sponsor the World Games taking place 14-21 March, underscoring its commitment to empowering people of determination and encouraging their inclusion in all aspects of life in line with the Year of Tolerance.  Crescent Petroleum is an Official Supporter of the Games, and has committed to provide financial support as well as volunteers and specialized care workshops for parents of World Games athletes in collaboration with its non-profit sister-organisation, High Hopes Pediatric Therapy Center.  Crescent Petroleum has long supported ......read more

Space, AI, renewable energy to get priority as sectors open for more foreign investment in 2019 - law firm…

 Legislation recognising ICOs as securities among legal reforms to act as a beacon for increased foreign investment, says STA senior partner Dubai, UAE, 19 January, 2019:   Space, artificial intelligence and renewable energy are priority sectors in the UAE, and it is expected they will be amongst those to be opened up to higher levels of foreign investment in 2019, according to legal experts. Legislation recognising ICOs as securities, as well as, new laws on netting, dispute resolution and giving more flexibility to public joint stock companies are among the other significant legal reforms that will happen this year, says STA Law Firm. “Among the most significant developments expected in 2019 is the issuance of the Cabinet resolution which determines the sectors and activities that are open to higher levels ......read more

The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resources Visits Barakah Nuclear Energy Plant…

H.E. Eng. Khalid bin Abdulaziz Al-Falih witnessed the significant progress being made at Barakah     16 January 2019:   H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Energy, Industry, and Mineral Resources for the Kingdom of Saudi Arabia (KSA) expressed his appreciation for the significant development of the Barakah Nuclear Energy Plant in a recent visit to the UAE. H.E. Eng. Al Falih commended the Emirati workforce who are highly skilled in the nuclear sector and committed to developing their skills and knowledge. H.E. Eng. Al-Falih was briefed on the latest developments of the Barakah Plant, located in the Al Dhafra region of Abu Dhabi Emirate.     H.E. Eng. Al-Falih and his delegation were received at the Barakah Nuclear Energy Plant by H.E. Eng. Mohamed Al Hammadi, Chief ......read more

RAK Petroleum plc: Changes in Share Capital…

Dubai, UAE, January 16, 2019:  RAK Petroleum plc, the Oslo-listed oil and gas investment company, announces that, as the result of a request by Afaq Al Roya Trading (LLC) to release the restrictions on its 9,000,000 Restricted Class A Shares, and a request by another shareholder to release the restrictions on his 180,000 Restricted Class A Shares, 9,180,000 Restricted Class A Shares have been re-designated as Class A Shares and 9,180,000 Class B Shares, representing 18,360,000 votes, have been transferred to the Company and cancelled.   Following these actions having become effective today, the share capital of the Company is GBP 3,328,169.57, consisting of : 203,822,717 Class A Shares, each with a nominal value of GBP 0.01,  123,991,988 Restricted Class A Shares, each with a nominal value of GBP ......read more

ENEC Showcases Commitment to Sustainability at the World Future Energy Summit…

ENEC sponsoring and exhibiting at WFES 2019 ENEC committed to sustainable working practices across all aspects of its business Abu Dhabi, UAE – 16 January 2019:   The Emirates Nuclear Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, are participating for the seventh year in the World Future Energy Summit (WFES) 2019 as partners, sponsors and exhibitors.  WFES is part of Abu Dhabi Sustainability Week, a unique and wide-ranging sustainability gathering that brings together local UAE leadership and industry experts, with world leaders and policy makers in sustainable energy generation. The event is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. A ......read more

Sultan Awards Oil & Gas Exploration Concession to Italy's Eni…

HH Ruler of Sharjah Receives Eni Ceo Claudio Descalzi    SHARJAH, Sharjah Government Media Bureau, January 14, 2019:  His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received this morning (Sunday) in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company, in the presence of HH Sheikh Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of Sharjah Petroleum Council, HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah.   On this occasion, HH Ruler of Sharjah signed a long-term agreement awarding Eni three long-term concessions to explore and develop onshore oil and gas fields in a 30-year partnership ......read more

Global Energy Forum: His Excellency Khalid Al-Falih's address on day three…

Dubai, UAE, January 13, 2019:  As part of the third Global Energy Forum, His Excellency Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia delivered the opening address for day three of the Forum.  His Excellency Al-Falih later joined Frederick Kempe, President and CEO of the Atlantic Council, on a panel titled 'An Update On Saudi Vision 2030 and The Oil Market' .

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Emirates Nuclear Energy Corporation Celebrates 3rd Barakah Excellence Awards…

Winners of 3rd edition of Barakah Excellence Awards announced during special ceremony Awards part of ENEC’s internal recognition program designed to promote and encourage excellence Abu Dhabi, UAE – 12 January 2019:  The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, Nawah Energy Company and Barakah One Company, celebrated the third edition of its Barakah Excellence Awards with a special ceremony held at ENEC’s headquarters in Abu Dhabi. During the ceremony, this year’s award-winning employees were announced.    The Barakah Excellence Awards are an internal recognition program inspired by Abu Dhabi Awards for Excellence in Government Performance (ADAEP), which was launched in 2014. The Awards form a part of ENEC’s continuous efforts to inspire excellence ......read more

Plastics to be the main driver for crude oil demand…

ArabPlast 2019, closed on a grand note witnessing the participation of more than 900 companies from 32 countries Advanced economies currently use up to 20 times more plastic than developing economies on a per capita basis, underscoring the huge potential for global growth Dubai, United Arab Emirates, 10 January 2019:   Industry experts at ArabPlast 2019 indicated that plastics will be the main driver for crude oil demand, accounting for more than 33 percent of oil demand growth globally in the period to 2030. ArabPlast 2019 - the biggest plastics, petrochemicals and rubber industry exhibition in the Middle East and North Africa (MENA) region, closed on a grand note witnessing the participation of more than 900 companies from 32 countries.   It has been observed that plastics – the key driver for ......read more

Siemens outlines economic, societal contribution to UAE in new report…

90% of Siemens’ contribution to UAE gross value added is in non-oil sector Company works with more than 800 SMEs in the UAE AED 425-million software grant to five UAE universities, equipping over 3,850 students with digital experience Its energy-efficient solutions reduce CO2 emissions by 4.76 million metric tons  Dubai, UAE, January 07, 2019:  For the second consecutive year, Siemens has prepared an annual report entitled, ‘In the UAE, for the UAE – Making real what matters,’ detailing the company’s activities and impact in the United Arab Emirates. The report, also known as ‘Business to Society’, demonstrates that during financial year 2018 and coinciding with the Year of Zayed the company’s business goals aligned with the ambitions of the UAE, its government, its ......read more

Easa Saleh Al Gurg Group partners with Petronas for lubricants distribution in the UAE…

Dubai, UAE, January 06, 2019:  Dubai-based multidimensional conglomerate Easa Saleh Al Gurg Group (ESAG) inked a new partnership with Petronas Lubricants International (PLI), a wholly-owned subsidiary of Malaysia’s national oil corporation, Petronas, which will see its range of automotive lubricants available in the UAE within the first quarter of 2019. With the deal, ESAG will distribute the full range of Petronas lubricant products under its Al Gurg Tyres, Batteries and Accessories portfolio. This includes the Petronas Syntium with °CoolTech™ range of motor vehicle lubricants, formulated to fight against excess heat, for optimum engine performance.  "Our vision is always to partner with leading global companies with a strong reputation for integrity, innovation, quality and value. Partnering with ......read more

SRS Middle East makes Sharjah its headquarters for the Middle East Region…

The group will invest Dh160 million in the Hamriyah Free Zone in order to provide industrial services for the oil sector Dubai, UAE, January 05, 2019:  SRS Middle East FZE, which is a joint venture that consists of Global Petro Storage (GPS), Innova Refining Industries, and Chemie Tech LLC, has announced its decision to select Sharjah as the destination for its latest investment projects in the Middle East Region, following its recent decision to make Hamriyah Free Zone the starting point for its operations in the region. The group’s long-term Dh160 million investment in the Hamriyah Free Zone includes the construction of a terminal that provides services for industrial reprocessing of waste oils, as well as trading services that include trade, import and fuelling of ships. The terminal is expected to be fully ......read more

ENEC Partners with Al Dhafra Festival in Abu Dhabi to Promote Social Engagement and UAE Cultural Heritage…

ENEC stand provided visitors with information about peaceful nuclear energy and included a range of educational activities Abu Dhabi, UAE – 02 January 2019:   The Emirates Nuclear Energy Corporation (ENEC) participated in the Al Dhafra Festival, which took place in Madinat Zayed, in the Al Dhafra Region of Abu Dhabi, between 17 December 2018 and 1 January 2019. ENEC’s participation was the result of its ongoing efforts to support the economic and social development of the Al Dhafra Region, and the achievement of Abu Dhabi Plan. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Al Dhafra Festival is organized by the Cultural Programs and Heritage Festivals Committee to promote Emirati heritage and ......read more

Schneider Electric Calls to Massively Expand Training in Energy Sector…

Decentralized renewable energy solutions will guarantee electricity access to millions, while creating millions of jobs Training programs, particularly in the low energy access countries, are not adequacy developed The Powering Jobs campaign wants all stakeholders to recognize the challenge and step up their efforts  Dubai (United Arab Emirates), 23 December 2018 –   The United Nations Sustainable Development Goal 7, to “ensure access to affordable, reliable and modern energy for all”, could create millions of jobs in emerging countries. However, there is a huge skills gap in most emerging countries. To solve this problem, Schneider Electric, the leader in the digital transformation of energy management and automation, and a coalition of companies, associations and international organizations ......read more

Oil and Gas Industry Set to Accelerate Move to Digital in 2019…

by Ron Beck Energy Industry Marketing Director, AspenTech Dubai, UAE, December 18, 2018:  Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) well-established as part of the operational mix of many operators.   What is different today is how quickly the migration is accelerating. The trend is being led by the Asian refining industry. Organisations in India, Malaysia, Thailand, Indonesia and China are pushing digital transformation aggressively because they understand this can be a competitive and economic advantage for them against slower-moving, traditional rivals in ......read more

Other Top Stories from Energy, Oil & Gas
 
Singapore's Trescorp to launch oil storage and bunker services in SOHAR.…

US$600 million deep-water terminal for 320,000dwt supertankers 45-hectare terminal will be on reclaimed land in SOHAR Port South  Two additional bunker licenses for SOHAR are in the pipeline Dubai, UAE, September 25, 2017:  In anticipation of the significant growth in petroleum trading in the GCC region, as well as growing demand for bunker services, Singapore-based Trescorp ......read more

ADNOC Distribution wins ‘UAE Superbrand' award for the fourth consecutive year…

Accolade recognizes company’s market-leading position as fuel and services provider Abu Dhabi, 25 September, 2017:  ADNOC Distribution, the UAE’s leading operator of service stations and convenience stores, has received a ‘UAE Superbrand’ award for 2017. This marks the fourth consecutive year the company has achieved Superbrand status. Mohammed Al Zaabi, Acting ......read more

Technology not a Substitute for but a Value Add to Business…

Role of technology in education and sustainability in MENA region opens  Day 2’s discussions at the Third Sharjah FDI Forum Sharjah, 20 September 2017:  The UAE Undersecretary for Foreign Trade and Industry Affairs, Ministry of Economy, HE Abdullah bin Ahmed Al Saleh opened Day 2 of the Third Sharjah FDI Forum with promising remarks on the role foreign direct investments ......read more

ADNOC Distribution launches ‘Back-to-School' promotion…

Around 100 Oasis convenience stores to feature popular school products Abu Dhabi, 18 September, 2017:  ADNOC Distribution, the UAE’s leading operator of service stations and convenience stores, has launched a ‘back-to-school’ promotion as part of a range of initiatives to help customers celebrate special events and holidays throughout the year. Around 100 Oasis ......read more

ENEC CEO Highlights Priorities of UAE Peaceful Nuclear Energy Program at WNA Symposium in London…

ENEC Executives amongst 600 nuclear energy professionals participating in World Nuclear Association (WNA) Symposium, London, UK.  ENEC CEO, Eng. Mohamed Al Hammadi, updates industry leaders on evolution of ENEC and the UAE Peaceful Nuclear Energy Program Abu Dhabi, UAE – 16 September 2017:  A senior delegation from the Emirates Nuclear Energy Corporation (ENEC), led by ......read more

ADNOC Distribution Completes the Second Phase of the Officers City Service Station Expansion in Abu ...…

The 2nd phase upgrades the existing station infrastructure and installs new fuel pump technologies The final phase will involve adjunct facility providing 8 fuel pumps and 6 rental spaces for cafes and fast-food restaurants   Abu Dhabi, 16 September, 2017: ADNOC Distribution, the leading operator of retail fueling services outlets in the UAE, today announced the completion ......read more

RAK Petroleum plc Releases Half-Year Financial Report for the Period Ended 30 June 2017…

Chairman’s Interim Report Dear Shareholders: On behalf of the Board of Directors of RAK Petroleum plc (the “Company”), I am pleased to present the Half-Year Financial Report for the period ending 30 June 2017. The Company’s fundamental objective is to generate significant total shareholder returns from investments in the oil and gas industry, with a focus on the ......read more

ADNOC Distribution expands international sales footprint…

ADNOC’s Voyager branded engine oil and lubricant to be sold in Ethiopia and Yemen Abu Dhabi, 13 September, 2017:  ADNOC Distribution, the UAE’s leading operator of retail fuel service stations and commercial fuelling services, has signed two agreements to sell its popular Voyager branded engine oil and lubricant in Ethiopia and Yemen. The new supply agreements with ......read more

UL and the GCC Laboratories Announce Joint Venture to Strengthen the Middle East's Renewable Energy ...…

Joint venture will operate as a UL and GCC Lab Company based in Dammam, Saudi Arabia. Partnership will combine resources, knowledge and expertise to expand services to the region’s renewable energy market. Dubai, September 11, 2017:  Global safety science organization, UL, has announced a joint venture with Saudi-based GCC Lab aimed at strengthening the Middle East’s ......read more

ADNOC Distribution Announces New Retail Price of Unsubsidized LPG for Month of September…

Abu Dhabi, 10 September, 2017:  ADNOC Distribution has announced today the new retail price of unsubsidized LPG cylinders for the month of September 2017. As per the announcement that is made on the 10th of every month, the new retail price is as follows: AED55 per 25lb, and AED110 per 50lb.  Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: ......read more

ADNOC Distribution celebrates the opening of its 44th service station in Al Ain City…

Umm Ghafa station opening meets growing fuel and convenience store demand in Al Ain City ADNOC Distribution now has 362 retail service stations in the UAE  Abu Dhabi, 5 September, 2017:  ADNOC Distribution, the UAE’s leading operator of fuel service stations and convenience stores, has celebrated the opening of its 362nd station in the UAE.    The new ......read more

Ministerial Meeting Gathers in Italy to Scale-Up Geothermal Energy Worldwide…

Government and private sector leaders assemble to unlock geothermal’s 200GW of potential  Abu Dhabi, U.A.E., 5 September 2017:  Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting represents the largest such ministerial ......read more

DowDuPont™ Merger Auccessfully Completed…

September 4, 2017 – DowDuPont™ (NYSE:DWDP) today announced the successful completion of the merger of equals between The Dow Chemical Company (“Dow”) and E.I. du Pont de Nemours & Company (“DuPont”), effective Aug. 31, 2017. The combined entity is operating as a holding company under the name “DowDuPont™” with three divisions – ......read more

Egypt's Minister of Electricity and Renewable Energy Discusses Areas of Collaboration With Global ...…

Dr Mohammed Shaker shared his vision for the sector  UL presented its insight on the latest technologies and developments Collaboration on future projects will be aimed at helping improve the sector and the lives of the Egyptian people Abu Dhabi, 04 September 2017:  The Minister of Electricity and Renewable Energy met with a global safety science firm to gain some valuable ......read more

Abu Dhabi Confirms Expanded Programme for World's Largest Oil and Gas Technical Conference…

ADIPEC Programme Will Include Downstream Industry for the First Time 900 Speakers Scheduled for More Than 200 Technical and Strategic Conference Sessions Abu Dhabi, UAE – 28 August 2017:  Organisers of the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), hosted by ADNOC, have confirmed the event’s technical conference, already the world’s ......read more

Empower pays tribute to Emirati women…

On the occasion of Emirati Women’s Day, Empower recognise the contribution of the nation's women in the development of UAE Dubai, UAE, 27 August 2017:  To commemorate the outstanding contributions of the country’s women, Emirates Central Cooling Systems Corporation (Empower), paid tribute to the Emirati women for their leading role and effective participation in national ......read more

Empower's ‘Smile at 24 degrees' campaign records saving of 5.2 per cent energy in the second month…

Dubai, UAE, 23 August 2017:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider announced energy savings of 5.2 per cent in the second month of its summer campaign – ‘Smile at 24 degrees’, compared to the same period last year.    “As the leading district cooling services provider, ......read more

A Quarter of India's Energy Demand Can Be Met with Renewable Energy…

Increasing India’s renewables would save 12 times more than it costs Abu Dhabi, U.A.E., 22 August 2017:  India can raise its renewable energy use to meet a quarter of the country's total final energy demand by 2030, according to the findings of a report presented today by the International Renewable Energy Agency (IRENA). Renewable energy prospects for India, a study from ......read more

Empower connects its district cooling solutions to 75 buildings Year to Date 2017…

Dubai, UAE, 20 August 2017:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that 75 new buildings have so far been connected to its services in 2017. The company also announced good progress towards deploying its services to many other buildings in months to follow. “This is an important milestone for ......read more

Sultanate of Oman prepares to build the first large-scale wind farm in the GCC region…

Masdar of Abu Dhabi awards EPC contract to develop 50 MW Dhofar Wind Power Project Muscat, Oman - August 19, 2017:  Abu Dhabi’s renewable energy company, Masdar, signed an Engineering, Procurement & Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project, the first large-scale wind farm in Oman and the ......read more

Major Components Successfully Installed at Unit 4 of Barakah Nuclear Energy Plant, Abu Dhabi…

Ceremony held to celebrate milestone event, witness the major achievements and the remaining construction and operational readiness work Fourth reactor vessel and steam generators are the final to be installed, as per 2009 Prime Contract, positioning Barakah as a quality-driven site and one of the most efficient nuclear energy construction projects globally Abu Dhabi, UAE – 14 ......read more

ADNOC Distribution Announces New Retail Price of Unsubsidised LPG for Month of August…

Abu Dhabi, 10 August, 2017:  ADNOC Distribution has announced today the new retail price of unsubsidised LPG cylinders for the month of August 2017. As per the announcement that is made on the 10th of every month, the new retail price is as follows: AED52 per 25lb, and AED104 per 50lb.   Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: “The ......read more

Networked Energy Services Announces Fourth Generation Smart Meter…

UAE, August 10, 2017-  Networked Energy Services Corporation (NES), a global smart grid market leader with the industry’s leading Patagonia Energy Applications Platform (EAP ™), announced today its next generation polyphase smart meter is now available for customers. The new Polyphase Smart Meter, MTR3000, is the second model available from the Generation 4 product family, which ......read more

Empower connects its district cooling solutions to the prestigious development ‘The Opus'…

Empower will offer district cooling solutions to the commercial complex for a total capacity of 3,520 RT Dubai, UAE, 9 August 2017:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has recently connected its services to The Opus, a prestigious development located in Business Bay. Empower will offer ......read more

The New Energy Vehicles Club launched under the Clean Energy Business Council…

Uniting industry players to develop electric vehicle market Dubai – UAE, 08 August 2017:   To support the transition of the automotive industry towards green mobility and the recent initiatives taking places in the UAE, the New Energy Vehicles Club has been created under the umbrella of the Clean Energy Business Council (CEBC) at the initiative of ENGIE, an energy company, charging ......read more

Gulf Petrochem Group Closes US$150m Financing Deal…

Financing provided by GCC based banks with syndication led by Emirates NBD The raise will support the group’s global operations to realise growth plans The Group plans to tap the Islamic Finance and Sukuk markets in Asia with focus on Indonesia and Malaysia for future potential funding Dubai, UAE, August 1, 2017:  Gulf Petrochem Group (GP), has successfully raised US$ 150 ......read more

Networked Energy Services Corporation emphasizes critical importance of Smart Grid security…

UAE, July 29, 2017 – Over the last two months, the world has been subject to two major ransomware attacks. The most recent being an attack known as 'Petya,' a malicious software that spread through large firms that led to PC's and essential data being locked up and held for ransom. Prior to this incident, the 'Wannacry' ransomware locked data from nearly 230,000 ......read more

Petrofac Strengthens Iraq Presence With Contracts Worth US$100 Million…

Dubai, UAE. July 26, 2017:  Petrofac has secured a contract extension and a new award with a combined value of more than US$100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.  The awards reflect the extensive track record Petrofac has been amassing in the country since 2010.  Today’s ......read more

ENEC Progresses Delivering Barakah Nuclear Energy Plant Completing Significant Tests of Unit 2…

Milestone testing achievement represents a significant step towards the completion of Unit 2 Tests performed demonstrate commitment to achieving the highest standards of quality.  Abu Dhabi, UAE – 25 July 2017:  The Emirates Nuclear Energy Corporation has successfully completed the Cold Hydrostatic Testing (CHT) at Unit 2 at the Barakah Nuclear Energy Plant located in Al ......read more

Abu Dhabi's Baron Point Petroleum Signs JV With PetroVietnam Oil Corporation in US$150m Project in ...…

Mega-project at Phu Quoc Island, Vietnam to generate growth in the local area, significantly contributing to the modernization of the economy and supply channel in southern Vietnam  Strategically located, the Bonded Terminal System is set to make Vietnam a force in Southeast Asian for crude oil and refined petroleum products H.H. Sheikh Khalifa Bin Khalid Bin Ahmed Al Hamed’s ......read more

Regional Lighting Market Continues to Shine as Leading Global Player's Line Up for Light Middle ...…

GCC LED lighting market estimated to comprise about 38% of the total lighting market in 2015 Dubai, U.A.E: The increase in global demand for lighting solutions, with an emphasis on energy efficient sources, is reshaping the lighting industry, while the continued market expansion in the region puts the Middle East in the spotlight as global majors target Light Middle East 2017. The leading ......read more

Beat The Heat – Six Tips to Save Energy and Reduce Bills During Summer…

  *Article written by Christopher EL Khouri, Mechanical Engineer at DC PRO Engineering, a recognized world leader in the fields of District Energy, and regional pioneer in sustainable Green Building MEP Design     19 July 2017     With the increase of the temperatures in the GCC during the summer season, higher electric demand load will put pressure ......read more

ADNOC Distribution Opens Seah Al Saram Service Station in Fujairah…

Abu Dhabi, 15 July, 2017:  ADNOC Distribution has announced the opening of Seah Al Saram Service Station in Fujairah, taking the total number of service stations in its network to 460 across the country.  The latest addition to the network demonstrates the company’s sustained efforts to meet the growing demand for its high-quality products and services in the ......read more

ADWEA Leadership Witnesses Progress of UAE's Peaceful Nuclear Energy Program…

ADWEA leadership delegation visits Barakah and receives update on commissioning activities of Unit 1 of Barakah Nuclear Energy Plant Peaceful nuclear energy will become a major provider of sustainable energy for the Nation Tour of Units 2, 3 and 4 demonstrate major construction progress and preparations for quality nuclear operations Tour demonstrated alignment with highest nuclear ......read more

ADNOC Distribution Opens Al Meedan Service Station in Sharjah…

ADNOC Distribution is the sole distributor of petroleum products in the Emirate  ADNOC Distribution’s service station network in Sharjah receives over 250,000 vehicles every day ADNOC Distribution operates 89 service stations in Sharjah   Abu Dhabi, 08 July, 2017: ADNOC Distribution, the sole distributor of petroleum products in the Emirate of Sharjah through its ......read more

Empower and partners of the UN initiative “District Energy in Cities” sign Global Cooperation ...…

The Global Cooperation Agreement brings together countries such as Canada, China, Colombia, Denmark, Germany (European Union), Japan, Singapore, United Arab Emirates, United Kingdom and United States of America  Dubai, UAE, 1 July 2017:  In an effort to enhance the conservational impact and development of district cooling in the UAE, Emirates Central Cooling Systems Corporation ......read more

Kuwait Oil Tanker Company awards GAC Fujairah husbandry contract…

Covers KOTC vessels in Fujairah, Khor Fakkan and Singapore Fujairah, UAE July 1, 2017:  GAC Fujairah has been awarded a husbandry contract by the Kuwait Oil Tanker Company (KOTC) to provide ship supply services, spare parts handling and a range of other logistical services to its vessels arriving in Fujairah, Khor Fakkan and Singapore anchorage.  As part of global shipping, ......read more

Empower Presents Best Practices and Innovations at International District Energy Association's ...…

Ahmad Bin Shafar presented his views and opinions on the pace of change in the district cooling industry during the ‘Global Leaders Plenary Panel Discussion’   Dubai, UAE, 28 June 2017: Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, shared some of its latest best practices and ......read more

ADNOC Distribution Opens Abu Dhabi's Mahawi North Service Station…

Abu Dhabi, 28 June, 2017: ADNOC Distribution recently opened the Mahawi North service station, located in the Mahawi area on the Abu Dhabi – Al Ain highway. This new addition takes the total number of stations in Abu Dhabi city and its suburbs to 98 service station and 10 ADNOC Xpress.  Throughout 6 islands and 12 dispensers; Mahawi service station will offer its customers with an ......read more

InSinkErator contributes to UAE State of Energy Report for third consecutive year…

Dubai 20 June 2017:  InSinkErator, a business unit of Emerson (NYSE: EMR), the inventor and the world's largest manufacturer of food waste disposers for home and commercial use,  has been included by the Ministry of Energy for the third consecutive year, in the 2017 UAE State of Energy Report. InSinkErator was recognized for this contribution during the Ministry of Energy’s ......read more

ADNOC Distribution Incorporates More Customer-Focused Features in its Enhanced Mobile App…

Abu Dhabi, 18 June, 2017: ADNOC Distribution’s has announced that an updated version of its free-to-download mobile app is now available for customers, suppliers and the public. The upgraded app serves as a one-stop-shop for all ADNOC Distribution’s consumer-focused services. Comprehensive and friendly to use, the free mobile app enables customers to engage, interact, explore and ......read more

Dubai's First Social Experiment Takes Place During Ramadan…

The study, conducted by Dubai Carbon, aims to map the behavioural patterns in food waste and other precious resources in support of the Emirate’s transition to a sustainable society Dubai, United Arab Emirates: Continuing its efforts to boost sustainable living, Dubai Carbon has launched the emirate’s first social experiment focused on understanding lifestyle habits of the general ......read more

ICT Energy Efficiency Discussed in Dubai…

Dubai, 15 June, 2017:  As the region’s countries continue to inch closer to establishing knowledge-based economies and ICT becomes an integral part of everyday life, Dubai hosted the ICT Energy Efficiency Summit 2017, a two-day event that highlighted the latest innovations that drastically reduce energy consumption. Organized by Huawei, the Summit saw over 100 high-profile delegates ......read more

Gulf Energy Maritime Signed AED275 Million Shari'ah-Compliant Facility with Dubai Islamic Bank…

15 June 2017 - Dubai, UAE: Gulf Energy Maritime (GEM), the Middle East's leading independent commercial product tanker operator has signed an AED275 million Shari'ah-compliant facility with Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE.  The agreement marks the first time GEM has raised funding of this kind through Islamic finance. Commenting on the new ......read more

Petrofac Secures Five-Year Training Agreement with Kuwait Oil Company…

13 June 2017 Petrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services.  The contract, which is valued at more than US$35 million, was secured following a competitive tendering process and is effective immediately. The work will be undertaken within Kuwait by the Training Services ......read more

IAEA Director General Yukiya Amano Commends Russia's Role in the Development of the Global Nuclear ...…

On June 1-3, IAEA Director General Yukiya Amano inspected several Russian nuclear facilities as part of his visit to the St Petersburg International Economic Forum. On June 3, Mr. Amano visited the Leningrad Nuclear Power Plant, where he was introduced to the operation of the revamped power units and inspected the new launch-ready Generation 3+ VVER-1200 unit of the NPP.  During his ......read more

Technical Committee of 3rd Emirates Energy Award (EEA) Holds Its 1st Meeting to Review ...…

Dubai, UAE, 12 June 2017: The technical committee of the Emirates Energy Award (EEA), which organised under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, under the theme “Innovative solutions for clean energy”, held its first meeting in the headquarter of Dubai Supreme Council of Energy (DSCE). The meeting ......read more

Empower's ‘Smile at 24 Degrees' Campaign Set to Drive Optimal Utility Savings for District Cooling ...…

For the fourth year in a row: The campaign aims to reduce the energy consumption through optimal temperature setting  Dubai, UAE, 11 June 2017: As the mercury rises, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has launched its nationwide summer campaign – ‘Smile at 24 degrees’. The campaign ......read more

Petrofac secures framework agreement with Petroleum Development Oman…

Dubai, UAE, June 8, 2017:  Petrofac has secured a long-term Framework Agreement (FA) with Petroleum Development Oman PDO) for the provision of Engineering, Procurement and Construction Management (EP+Cm) Support Services for major oil and gas projects.  The Agreement, which is for ten years with an additional five-year option, builds upon a three-year programme of EP+Cm support ......read more

A.T. Kearney Energy Transition Institute Launches, with the Aim of Helping GCC Governments and ...…

The new A.T. Kearney Energy Transition Institute will develop and share technological, economical, and forward-looking insights on energy transition Dubai, 07 June, 2017 - In a world where energy consumption results in 66% of global greenhouse gas emissions, senior leaders in the public and private sectors need to find ways to navigate a rapidly changing energy landscape while meeting ......read more

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