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Featured in Energy, Oil & Gas
APICORP Reports 2018 Record Financial Year with net profit increase to USD182m…

2018 marks a record financial year for APICORP  Total assets grew by 11% Dubai, UAE, April 17, 2019:   The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, held its 43rd General Assembly for 2019 in Muscat, Oman.  The meetings were attended by the shareholders of APICORP representing its member states, the ten Arab oil exporting countries.    The net profit for the Corporation in 2018 increased to USD 182.3 million, a 76 percent year-over-year increase and is the highest in APICORP’s history. This was driven by returns from a capital gain of USD 86.7 million on the sale of APICORP’s equity stake in National Petroleum Services (NPS) as well as remarkable growth achievements of net interest income and dividend income at 67 ......read more

Grandweld Shipyards delivers four Crew Boats to Kuwait Oil Company…

As per the contract’s delivery deadline 17 April 2019:   The UAE-based, Grandweld Shipyards, has recently announced a delivery of four Crew Boats to Kuwait Oil Company “KOC”. As per the contractual agreement signed in May 2017, Grandweld should build six Pilot Boats and four Crew Boats for KOC. Five boats have been delivered and the remaining five will be delivered in June 2019. Furthermore, the newly constructed four boats were specially designed to meet the requirements of KOC, in accordance with Lloyd's Register’s classification rules in order to provide the highest operational efficiency and safety, and have been delivered promptly without delay. Commenting on this development, Jamal Abki, General Manager of Grandweld Shipyards clarified, “Our long years of experience in the ......read more

BP and Schneider Electric Sign Five-Year, Global Frame Agreement…

Schneider Electric to serve as one of BP’s Main Electrical Contractors  Intention to drive value, innovation and safety for BP’s upstream projects EcoStruxture architecture to improve lifecycleTotEx spend from design to commissioning to operations Dubai, UAE, April 16, 2019:  BP, a global energy producer, has selected Schneider Electric, a leader in the digital transformation of energy management and automation, as one of its main electrical contractors (MEC) in a five-year global framework agreement.    Under the terms of the agreement, Schneider Electric will provide full-scope design and engineering services, including optimization, project management and integration, procurement and supply chain management, and full support from commissioning through to operations after start-up for ......read more

RAK Petroleum plc announces share buyback offer…

Not for Direct or Indirect Release, Publication or Distribution, in Whole or in Part, Into or in the United States, Canada, Australia, New Zealand, South Africa, Japan, the Kingdom of Saudi Arabia or the United Arab Emirates or Any Other Jurisdiction in Which Offers or Sales Would Be Prohibited by Applicable Law. Please See the Important Notice at the End of This Announcement. Dubai, UAE, April 15, 2019: Buyback Offer RAK Petroleum plc, the Oslo-listed oil and gas investment company (the “Company”), announces its intent to repurchase such number of its class A shares with ISIN GB00BRGBL804 (the "Shares") at the Repurchase Price (as defined below) up to a maximum aggregate consideration of US$ 15 million in accordance with the authorization provided at its Annual General Meeting on 1 June 2018 (the ......read more

Schneider Electric Extends Award-Winning Galaxy UPS Series with the Galaxy VS for Critical Infrastructure and Edge Applications…

Compact and flexible design ideal for any environment 99% online efficiency and Lithium-ion battery option reduce Total Cost of Ownership EcoStruxure™ Ready simplifies management and servicing Modular design for faster deployment and servicing Dubai, UAE, April 14, 2019:  Schneider Electric, the leader in digital transformation of energy management and automation, today introduced the Galaxy VS, a highly efficient, modular, easy-to-deploy, 10-100 kW, three-phase Uninterruptible Power Supply (UPS) designed to meet the critical power requirements of IT, commercial, and industrial facilities.    With its compact and flexible design, the Galaxy VS addresses the unique requirements of edge computing and small data centers where space and access are at a premium. Up to 99% efficient and with optional ......read more

DP World, UAE Region to Unveil Door-to-door Solutions at GPCA…

Strengthening Dubai's Position as a Hub for Petrochemicals and Chemicals Dubai, United Arab Emirates, 13 April 2019:   DP World UAE Region will showcase its latest range of offerings for the petrochemicals and chemicals sector at the 11th Gulf Petrochemical and Chemical Association (GPCA) trade show that will be held from 15-17 April 2019 in Dubai. The company will highlight new door-to-door logistics solutions that cover the full breadth of the supply chain and support customers every step of the way. These solutions are based on generating and leveraging synergies from integrating the activities of its numerous businesses –including Jebel Ali Port, Jebel Ali Free Zone, Dubai Trade, and many others – and creating one of the most efficient and robust supply chains in the GCC. Mohammed Al Muallem, CEO and ......read more

Abdul Latif Jameel Energy continues advance in Australia in drive to grow capacity eight-fold by 2024…

The solar plant will produce enough energy to supply more than 45,000 Australian homes, while avoiding the emission of 175,000 tons of CO2 per year FRV has invested USD 700m in Australia since 2012  Company investing USD 900m worldwide in 2019 alone in strategy to increase installed capacity eight-fold by 2024 in projects around the world Dubai, UAE, 10 April 2019:  Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a global leader in the development of renewable energy projects, has announced that its latest project in Australia, the Lilyvale solar plant, is now up and running.   The 100 MW ac project produced its first Kwh of energy last month and is expected to reach full capacity in the coming months following a testing phase. Located in the Queensland Central Highlands region, ......read more

At Hannover Messe 2019, Schneider Electric showcases digital collaboration and productivity solutions to power connected industry…

Schneider Electric Exchange is the world’s first cross-industry open ecosystem that unleashes the power of collaboration in an open environment Schneider Electric’s EcoStruxure architecture and platform gives unprecedented productivity with IIoT-ready solutions for machine builders A new range of EcoStruxure Advisor apps and services help companies start their digitization journey Dubai, United Arab Emirates, April 8, 2019 –   Closely aligned to the “Integrated Industry – Industrial Intelligence” theme of Hannover Messe, Schneider Electric, the leader in digital transformation of energy management and automation, will showcase a range of digitally connected products, solutions, and services that help customers either begin their digitization journey, or accelerate their digital ......read more

Schneider Electric Combines Physical Infrastructure with Cisco's HyperFlex™ Edge for New Micro Data Center Options…

Offering several new, customizable reference designs for flexibility and fast deployment at the Edge Dubai, UAE, April 07, 2019:   Schneider Electric, the leader in digital transformation of energy management and automation, announced today new solutions for micro data centers that couple APC by Schneider Electric physical infrastructure with Cisco’s HyperFlex Edge, hyperconverged infrastructure (HCI) solutions for quick and efficient deployment in edge environments in EMEA (Europe, the Middle East & Africa) and NAM (North America & Mexico).   Together, Schneider Electric and Cisco can now offer IT global channel partners and system integrators access to several new reference designs for HyperFlex deployments that can be used as-is or be customized to meet specific micro data center needs. ......read more

The Arab Petroleum Investments Corporation (APICORP) issues USD 300 million 5-Year Dual Listed Floating Rate Formosa…

The transaction from APICORP is the third successful “Formosa” bond since its first Formosa issuance in 2016 Dubai, UAE, April 03, 2019:   The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, rated Aa3 by Moody’s with a positive outlook, successfully issued its third Formosa bond after accessing this market earlier in 2016 and 2017. The Aa3 rated USD 300 million 5-year Note which matures on April 01, 2024, offers investors a floating rate coupon.  The transaction attracted robust investor demand with order book close to three times oversubscribed, enabling APICORP to price its Formosa well within its secondary curve while also continuing to strengthen its investor access into Asia, innovate its funding profile and access efficient and cost-effective financing ......read more

Next Stage of Testing Completed at Unit 2 of Barakah Nuclear Energy Plant…

Structural Integrity Test (SIT) and Integrated Leak Rate Test (ILRT) successfully completed for Unit 2 SIT and ILRT demonstrate Unit 2’s exemplary structural safety performance under normal and extraordinary circumstances  Abu Dhabi, UAE – 31 March  2019:  The Emirates Nuclear Energy Corporation (ENEC) has recently completed the Structural Integrity Test (SIT) and Integrated Leak Rate Test (ILRT) at Unit 2 of the Barakah Nuclear Energy Plant. These significant pre-operational tests incorporated all the lessons learned from the same tests on Unit 1, and represent another major achievement in the testing and commissioning phase of the Barakah plant, located in the Al Dhafra region of Abu Dhabi Emirate.   The SIT and ILRT were performed over a period of ten days, on the Unit 2 at Barakah. ......read more

Schneider Electric accelerates its practices of gender equality and inclusion forward with 100% leadership commitment to UN Women's Empowerment Principles…

Schneider Electric is the first multi-national company to achieve unanimous commitment by its country presidents to the UN’s guidelines on gender equality and empowerment Commitment exemplifies Schneider Electric’s practices of inclusion and furthers the company’s goals of advancing gender equality across its global footprint  Dubai, United Arab Emirates, March 26, 2019 –   Schneider Electric, the leader in digital transformation of energy management and automation, announced today that it is the first multi-national company to  achieved 100% commitment to the UN Women’s Empowerment Principles (WEPs) across its global leadership team. In addition to the company’s Chairman and CEO, Jean-Pascal Tricoire, each of the company’s country presidents in markets with at least ......read more

Schneider Electric Partners with Vericlave to Strengthen Customers' Cyber Posture…

Fortifies end-to-end cyber portfolio to protect industrial installations Advanced technology shrinks attack surface by more than 90 percent Cuts cybersecurity deployment and ownership costs by 50 percent or more   Dubai, United Arab Emirates – March 21, 2019 –   Schneider Electric, the leader in the digital transformation of energy management and automation, has entered into a global partnership with Vericlave, a leading cybersecurity technology provider. Under the terms of the agreement, Schneider Electric will provide Vericlave’s advanced encryption technology to further secure and protect its customers’ critical IT and OT systems from the risk of cyberattack.    “Digital transformation and the growth of IoT are giving rise to new threats that can have a ......read more

ENOC Group to offer over 200 job opportunities at Careers UAE 2019…

Dubai, UAE; March 19, 2019: As part of its commitment towards human capital development, ENOC Group will offer over 200 job opportunities across upstream, downstream and corporate divisions within the Group to UAE nationals. These rewarding career opportunities will be showcased by the Group at the UAE Career Fair, to be held from March 19 to 21 at the Dubai World Trade Centre. ENOC is recruiting young talented Emirati nationals in the energy sector in specialisations including chemical, mechanical and electrical engineering, sales, marketing and business development and the legal field, to support the Group’s growth strategy.  His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, said: “We thrive to provide our employees with opportunities to contribute to the growth of the UAE and aim to fulfil their ......read more

Schneider Electric accelerates the transition to low carbon economy at the One Planet Summit 2019…

• Schneider Electric executives collaborate with other sustainability leaders on how to deliver tangible actions on the most pressing global sustainability challenges   • Company demonstrated how low carbon economy can be a reality now including business and the most vulnerable population alike    Dubai, March 18, 2019 – Almost 4 years after the adoption of the Paris Agreement, President of France Emmanuel Macron organized on March 14th in Nairobi (Kenya) the first regional edition of the One Planet Summit, co-chaired with Uhuru Muigai Kenyatta, the President of the Republic of Kenya. This High-Level session gathered Heads of State and Ministers heading national delegation to UN Environment Assembly (UNEA) as well as representatives of the finance and the business sectors, local governments, ......read more

Empower saves electricity worth AED 3 billion in 2018…

Cumulative saving of 1,160 Mega Watt electricity Dubai, UAE, 17 March 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has achieved total electricity savings of 1160 MW, worth AED 3 billion, in 2018 “As per its vision, Empower adopts an integrated strategy that contributes in raising customers awareness about conservation of energy. We thrive to reduce energy consumption and protect the environment and the natural resources, through our energy efficient district cooling services. This, in turn, supports the sustainable development and the green economy in the UAE and helps to achieve Dubai Clean Energy Strategy 2050 which aims to transform Dubai into a global hub for green economy, through providing 7% of energy from clean resources by 2020, 25% by ......read more

First edition of Abu Dhabi Engine Week coming soon to the capital…

Marks an exciting and entertaining new addition to the emirate's events calendar  Abu Dhabi, 14 March 2019 -   Abu Dhabi is set to host the inaugural Abu Dhabi Engine Week, aimed at car and adventure enthusiasts from across the UAE and wider Gulf region. From 28 March – 6 April, Engine Week will present a packed 10-day schedule of exciting activities in locations throughout the emirate. The event is expected to attract thousands of participants to its various programmes, which include five main events: Custom Show Emirates and Abu Dhabi International Motor Show at Abu Dhabi National Exhibition Center; Club Social at Yas Beach; Abu Dhabi Desert Challenge in Yas Island and Western Region; and the WRX Championship at Yas Marina Circuit. In addition, there will be numerous concerts, citywide promotions and more ......read more

ENEC Signs Memorandum of Understanding with ENUSA…

Emirates Nuclear Energy Corporation and ENUSA to collaborate and exchange of information and expertise in nuclear fuel services MoU signing ceremony held at ENEC headquarters in Abu Dhabi Abu Dhabi, UAE – 13 March 2019:  The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding (MoU) with Enusa Industrias Avanzadas, S.A., S.M.E. (ENUSA), defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services.   Founded in 1972 with a focus on uranium mining, ENUSA has evolved into an advanced nuclear fuel and environmental services provider. Today, ENUSA is responsible for the design, manufacture and supply of fuel to Spanish nuclear energy plants, as well as to plants around the world, in addition to providing a wide range of ......read more

Industrial Sector's Business Group discusses Sharjah Chamber of Commerce and Industry's strategy to support industrial sector…

Dubai, UAE, March 13, 2019:  The   Industrial Sector’s Business Group, operating under the umbrella of the Sharjah Chamber of Commerce and Industry (SCCI), has discussed the SCCI strategy to enhance the industrial sector’s contribution to Sharjah economic growth, activate forward-looking plans and improve the industrial sector’s competitiveness in the business community. Chaired by Lalu Samuel, chairman of the industrial sector’s Business Group, the meeting was attended by Abdelaziz Mohamed Shattaf, Assistant Director General for Members Services Sector at SCCI, Director of Sharjah Exports Development Center (SEDC) and Amjad Awad al Karim, Head of the Working Groups at SCCI, as well as other group members. The meeting discussed a variety of coordination and follow-up mechanisms related to the ......read more

Empower receives Dubai Chamber CSR label for the fifth year consecutively…

Ahmad Bin Shafar: “This recognition proves our commitment towards positive change that supports society and promotes sustainable development” Dubai, UAE, 11 March 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has been awarded Dubai Chamber CSR label, for the fifth year consecutively, for its outstanding contributions in promoting Corporate Social Responsibility (CSR) initiatives and environmental practices that have positive impacts in society and on the environment. “We are happy to receive the Dubai Chamber CSR Label, as it proves our commitment towards positive change, supports society and promotes sustainable development. I appreciate Dubai Chamber’s tremendous efforts in promoting CSR approach, especially towards ......read more

Region's Young Engineers Shine Light on Intelligent Energy Solutions at "Future Generation" Competition…

Electro-magnetic charging stations for Electric Vehicles, Magnetic RAM for data storage and Efficient Smart House to reduce power consumption among leading entries Dubai, UAE, Thursday March 9, 2019:  Some of the region’s brightest young engineers have showcased a wave of intelligent, next-generation solutions designed to solve today’s greatest power challenges during the sixth Future Generation competition, a knowledge development component of this week’s Middle East Electricity at Dubai World Trade Centre (DWTC).  Held under the theme Smart Energy Solutions: Improve Energy Efficiency, the competition sees teams of Undergraduate and Postgraduate students from 10 of the region’s leading universities judged in three key criteria: ideas or solutions to combat excessive use of power, cost-effective ......read more

HH Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance opens Middle East Electricity 2019…

44th edition of region’s leading power event welcomes more than 60,000 industry professionals across three-day show 1,600 exhibitors from all corners of the globe spotlight breakthrough tech and latest solutions to feed GCC’s USD109 billion power investment needs   Dubai, UAE, Tuesday March 5, 2019: His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance & Industry, today inaugurated Middle East Electricity 2019 – the 44th edition of the region’s leading event for the power industry. Hosted by the UAE Ministry of Energy, Middle East Electricity runs at Dubai World Trade Centre (DWTC) until March 7, bringing together 1,600 industry heavyweights and energetic start-ups from around the globe. With the MENA Power Industry Outlook Report, prepared by ......read more

Joint task-force of Dubai government entities and ENOC make steady progress in curbing illegal diesel trade…

Inspections reveal that several companies are yet to comply with Emirates Authority for Standardization & Metrology (ESMA) guidelines  Dubai, United Arab Emirates - March, 05, 2018:  A joint task-force comprising six Dubai Government entities and ENOC Group is taking concerted efforts to curb illegal trade of diesel in Dubai, which have seen steady progress in recent months.   The task-force includes representatives of Dubai Economic Department, Ministry of Human Resources & Emiratization, Emirates Authority for Standardization & Metrology, Roads & Transport Authority, Dubai Municipality, Dubai Police and ENOC Group.    An estimate of 38 per cent of the companies inspected reported compliance with the guidelines set by Emirates Authority for Standardization & Metrology (ESMA) ......read more

French electricity sector experts show their loyalty to Middle East Electricity 2019 in Dubai…

United Arab Emirates - March 04, 2019: 2019- 27 French companies will be exhibiting in 2019 with Business France, the national agency supporting the international development of the French economy, at the Middle East Electricity Show in Dubai, a chance for a French excellence sector that is both innovative and dynamic to enjoy the spotlight. The event is truly a springboard for companies looking to expand in the broader Middle East, sub-Saharan Africa and South Asia.   Many opportunities exist in this very fast-growing market, driven by the staggering development in several sectors: retail distribution, transport, logistics, infrastructure and residential. With major international events such as the Dubai World Expo 2020, to be hosted in the region, and the return of major real estate projects announced by public contractors, ......read more

Middle East Electricity to Define Major Forces Disrupting Global Power Sector…

Dubai, UAE – Monday 4th March, 2019:  Power industry professionals from around the world descend on Dubai tomorrow (5th March) for Middle East Electricity 2019, the 44th edition of the region’s leading event for the power industry, to debate, promote and reshape the future of a sector beset by game-changing disruption.  The power battalion are exhibiting, visiting, and speaking at conferences and workshops at the three-day Middle East Electricity event, which runs until March 7 at Dubai World Trade Centre (DWTC). When the curtain rises on the show, which spans 14 exhibition halls, an anticipated turnout of more than 60,000 industry professionals will discover more than 1,600 leading manufacturers and suppliers from all continents ready to promote a multitude of disparate technology.  “From smart ......read more

Other Top Stories from Energy, Oil & Gas
 
H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant…

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

7% growth of oil and gas companies in Jafza…

Sultan Bin Sulayem: Location is the primary driver for companies setting up in Jebel Ali Free Zone Dubai, November 11, 2017:  Jafza, one of the world’s largest free zones, and a subsidiary of global trade enabler DP World has seen 7 per cent growth in the number of oil and gas companies during 2016. DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, : “Jafza’s ......read more

Renewable Energy Can Be Strengthened in Next Round of Climate Negotiations…

Nationally Determined Contributions under Paris Agreement must reflect growing business case and global momentum for renewables    Dubai, UAE, November 11, 2017:  Countries have an opportunity to significantly increase renewable energy ambition within Nationally Determined Contributions (NDCs), and to accelerate its deployment in line with climate objectives under the Paris ......read more

Region's first of its kind initiative to launch in November…

The GPCA Legacy Initiative and GPCA Legacy Award “Al Rowad” ÇáÑæÇÏ)) will debut during the 12th Annual GPCA Forum in Dubai to recognize the pioneers of the Arabian Gulf chemical industry Dubai, United Arab Emirates, 9 November 2017:  The Gulf Petrochemicals and Chemicals Association (GPCA) is proud to announce the launch of the GPCA Legacy Initiative and GPCA Legacy Award ......read more

ENEC to Host Public Forums on Nuclear Energy in Abu Dhabi City and Al Dhafra Region…

Public forums key part of ongoing UAE Peaceful Nuclear Energy Program educational and awareness campaigns led by ENEC Abu Dhabi, United Arab Emirates – 05 November 2017:  Emirates Nuclear Energy Corporation (ENEC) will host public forums at Baynounah Educational Complex in Al Dhafra region on Monday, 6 November, and at Zayed University Convention Centre, Abu Dhabi on Wednesday, ......read more

Rock Wettability Research Breakthrough from Khalifa University of Science and Technology May Help ...…

Researchers from the University’s Masdar Institute Developed a Novel Quantum Mechanical Simulation Approach to Predict Carbonate Surface Wettability, which Enhances Understanding of Oil Reservoirs in the Region Abu Dhabi-UAE: 04 November, 2017:   A team of researchers from the Masdar Institute of Science and Technology have proposed a quantum mechanical simulation technique to ......read more

Emirates Nuclear Energy Corporation Celebrates Flag Day at its Headquarters and Barakah Site…

Abu Dhabi, UAE – 2 November 2017:  The Emirates Nuclear Energy Corporation (ENEC) celebrated Flag Day at its headquarters in Masdar City, and at the site of the Barakah Peaceful Nuclear Energy Plant in the Al Dhafra region of Abu Dhabi. The activity comes in support of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum’s call ......read more

UAE Peaceful Nuclear Energy Program one of the most diverse, multinational and multicultural ...…

Her Excellency, Sheikha Lubna bint Khalid Al Qasimi delivers special presentation on the role of women in the nuclear industry during the final day of the International Ministerial Conference on Nuclear Power in the 21st Century in Abu Dhabi, UAE Abu Dhabi, United Arab Emirates – 1 November 2017:  The United Arab Emirates (UAE) Peaceful Nuclear Energy Program was praised for ......read more

UAE Peaceful Nuclear Energy Program highlighted as a role model for major projects…

UAE nuclear energy leaders showcased to global industry audience the “The UAE’s Journey Towards Peaceful Nuclear Energy” at the International Ministerial Conference on Nuclear Power in the 21st Century in Abu Dhabi Abu Dhabi, United Arab Emirates – 1 November 2017:  The United Arab Emirates (UAE) Peaceful Nuclear Energy Program was showcased as a role model ......read more

Jury Selects 2018 Zayed Future Energy Prize Winners…

Abu Dhabi, UAE, 31 Oct 2017:  The Jury of the Zayed Future Energy Prize convened to deliberate and select nine winners across its five categories today. The winners will be announced at the Prize awards ceremony on 15 January 2018 as part of Abu Dhabi Sustainability Week (ADSW).   The Prize recognises notable work carried out by businesses and individuals through the large ......read more

Safety and Reliability of Nuclear Energy Discussed During Second Day of International Ministerial ...…

More than 700 delegates and nuclear energy experts attended the second day of the IAEA organized conference in Abu Dhabi Abu Dhabi, United Arab Emirates – 31 October 2017:  Challenges in developing nuclear energy infrastructure, facilitating international cooperation, and the safety and reliability of nuclear energy were the key topics discussed during the second day of the ......read more

Nuclear energy drives global economic growth and sustainable development…

Crucial role of nuclear energy sector in meeting global energy demands and sustainable development goals highlighted at day one of International Ministerial Conference on Nuclear Power in the 21st Century in Abu Dhabi  Abu Dhabi, United Arab Emirates – 30 October 2017:  Nuclear energy drives global economic growth, supports sustainable development and is helping to meet ......read more

IAEA International Ministerial Conference on Nuclear Power in The 21st Century…

Statement by the United Arab Emirates  Delivered by H.E. Suhail Al Mazroui, Minister of Energy and Industry Mr. President, Excellencies, distinguished guests, ladies and gentlemen. At the outset, I would like to welcome you to the United Arab Emirates and to this  special gathering here in Abu Dhabi to deliberate the future of nuclear energy and its contribution to sustainable ......read more

International Delegation witnesses significant progress at Barakah Nuclear Energy Plant…

Abu Dhabi, UAE – 30 October 2017:  Leading nuclear energy experts from the International Atomic Energy Agency (IAEA) and senior UAE officials visited the Barakah Nuclear Energy Plant in Abu Dhabi today, witnessing the significant progress being made across all four units. The delegation observed all of the key updates to the construction of the units which are being developed to ......read more

Upstream Companies Expect Shorter Time to Produce Oil and Gas Due to Digital Technology ...…

Almost two-thirds of upstream firms see the value digital technologies deliver as low oil prices linger, and the top risk of a lack of digital investment is becoming uncompetitive Dubai, UAE, October 29, 2017:   Faster and better decision-making and shorter time to first oil and gas top the list of expected benefits that digital technologies can drive for upstream oil and gas ......read more

Global Nuclear Energy Leaders to Convene in Abu Dhabi for International Ministerial Conference…

Conference to raise awareness of the nuclear energy as an important and credible energy source for future generations   Abu Dhabi, United Arab Emirates – 28 October 2017: Global nuclear energy experts and leaders are gathering in Abu Dhabi, on Monday, for the International Ministerial Conference on Nuclear Power in the 21st Century. Organized by the International Atomic Energy ......read more

Masdar wins Emirates Energy Awards at 4th annual World Green Economy Summit…

Clean energy projects and experts shine at 19th annual WETEX exhibition as Executives take part in important sessions to discuss key renewable energy topics Dubai, United Arab Emirates, 25 October 2017:  Abu Dhabi’s renewable energy company, Masdar, was honoured this week with two Emirates Energy Awards during the 4th annual World Green Economy Summit (WGES), held in ......read more

The Sustainable City, Dubai, unveils first report on water and energy savings…

The Middle East’s first fully operational sustainable community is living up to its creators’ ambitions Dubai, United Arab Emirates, 25 October 2017:  The Sustainable City, the Middle East’s first fully operational sustainable community, revealed the results of one year of monitoring at the city during WETEX 2017, which ran from 23rd to 25th October at the Dubai ......read more

Energy Matters: Boosting Energy Efficiency in Dubai Homes through Personalised Advice…

TAQATI - Dubai Energy Efficiency Program announces the successful completion of the pilot ‘Home Energy Advice Program’ Dubai, United Arab Emirates, October 22 2017:  Building on the momentum to improve energy efficiency in Dubai, TAQATI - Dubai Energy Efficiency Program announced the successful completion of the pilot ‘Home Energy Advice Program’. The program was ......read more

Leading UK advanced materials research centre to be named The Masdar Building…

Masdar’s funding towards Graphene Engineering Innovation Centre supports commitment of Abu Dhabi to promote knowledge economy  Dubai, UAE, October 21, 2017:  A new research centre at the University of Manchester in England aimed at marketing products and technologies made from a “wonder material” known as graphene will be called The Masdar ......read more

Masdar welcomes Luxembourg royal delegation…

1. Luxembourg’s Prince Guillaume and Princess Stéphanie, tour Masdar City one of the world’s most sustainable communities 2. Luxembourg’s Prince Guillaume and Princess Stéphanie visit Yahsat Space Lab, located at Masdar Institute, part of Khalifa University of Science and Technology   Abu Dhabi, United Arab Emirates; October 11, 2017:  Abu Dhabi Future Energy ......read more

Cooperation Agreement to Support Renewable Energy Projects in 16 Caribbean Island Countries…

US$50 million UAE-Caribbean Renewable Energy Fund seeks to bring energy security to Caribbean region   The UAE-Caribbean Renewable Energy Fund is one of the largest renewable energy initiatives in the Caribbean region  Abu Dhabi, UAE: 5 October, 2017:  Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has signed an agreement ......read more

ADNOC Distribution to Open More SMART Tag Installation Centres Supported by Mobile Units Across the ...…

Four SMART Tag installation centres already operating across the UAE Mobile units are also now carrying out installations for vehicle fleets  All ADNOC Distribution service stations to convert to SMART technology in Q2’2018  Abu Dhabi, 03 October, 2017:  As part of its ‘SMART Service Stations’ initiative and introduction of cashless ADNOC Wallet-linked ......read more

ADNOC Distribution Upgrades Information Technology Systems at its Vehicle Inspection Centers…

Abu Dhabi, 02 October 2017:  ADNOC Distribution, the sole operator of light vehicle inspection centers in the Emirate of Abu Dhabi, is upgrading the information technology systems at its 21 centers across the emirate. The one-day upgrading operation will take place on Friday 6 October 2017. Consequently, service will be suspended that day at the four centers that usually operate on ......read more

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

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