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Featured in Energy, Oil & Gas
Hitachi Energy unveils cutting-edge solutions at Middle East Energy 2024…

Dubai, UAE, April 16, 2024 – Hitachi Energy will showcase its latest innovations and expertise in transformer technology and components at the Middle East Energy (MEE) 2024 exhibition and conference from April 17-19, at the World Trade Centre, Dubai. With a focus on enhancing the adoption of renewable energy, energy storage, and digitalization, Hitachi Energy is committed to contributing toward optimizing the region’s energy ecosystem and the company’s participation at MEE2024 reflects that commitment. “At Hitachi Energy, our Purpose is Advancing a sustainable energy future for all, and collaboration with customers and partners is one of the enablers,” said Dr. Mostafa AlGuezeri, Managing Director for Gulf & Maghreb at Hitachi Energy. “Exhibitions like MEE2024 give us an opportunity to ......read more

World Future Energy Summit to Spotlight Regional Electronic Vehicle (EV) Target Viability at New eMobility Forum…

Local and international expert speakers to examine feasibility of regional EV goals as MENA EV market forecasts predict USD4.3 bn valuation by 2028 Key session to outline Pakistan EV value chain mobility report commissioned by the Pakistan Private Sector Energy Project, amongst programme highlights Abu Dhabi, UAE; April 1, 2024: In one of three major expansions of its robust knowledge-sharing programme, the World Future Energy Summit, hosted by Masdar, has announced the launch of a dedicated eMobility Forum to debut at the 2024 event, the 16th in the annual series, which runs at Abu Dhabi National Exhibition Centre (ADNEC) from April 16-18. With the Middle East and North Africa (MENA) EV market predicted to reach a US$4.3 bn valuation by 20281, the first-ever eMobility Forum on April 18 will feature expert local and global ......read more

Moro Hub Recognizes Supreme Legislation Committee's Commitment to Sustainability with Green Certificate…

The Supreme Legislation Committee's decision to host their IT workloads on Moro Hub's Green Cloud demonstrates the collaboration towards achieving a more sustainable and resilient digital ecosystem Dubai, UAE,  27 March 2024: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to the Supreme Legislation Committee (SLC). The Green Certificate was presented to H.E Ahmad Saeed bin Meshar Al Muhairi, General Secretary of the Supreme Legislation Committee in the Emirate of Dubai by Eng. Marwan Bin Haidar, Vice Chairman and Group CEO of Digital DEWA. and commends the SLC's steadfast commitment to environmental sustainability through their decision to host IT workloads on Moro Hub's Green Cloud. Moro Hub has long been a pioneer in green ......read more

New Conference will Demystify and Chart Pathways for Green Finance at World Future Energy Summit 2024…

‘Climate finance must happen in partnership between public and private sectors,’ says FAB Chief Sustainability Officer Conference debut comes as UAE looks to become Sustainable Finance Hub Abu Dhabi, March 25 2024: World Future Energy Summit, the leading business event for future energy and sustainability hosted by Abu Dhabi Future Energy Company PJSC - Masdar, the UAE’s clean energy powerhouse, is to debut a Green Finance Conference during its 2024 edition, which is set to run at Abu Dhabi National Exhibition Centre (ADNEC) from April 16-18. The Green Finance Conference, which will take place on April 17, will gather policymakers, asset managers, financiers, academics, environmentalists, and major energy corporates to demystify a segment that, though a hot topic, is still not widely understood outside of ......read more

Schneider Electric and Positive Zero to Advance Decarbonization in the UAE and Oman…

• Positive Zero will collaborate with Schneider Electric across microgrids, mobility, energy efficiency and sustainability. • The collaboration amplifies sustainable energy initiatives in the UAE.   Dubai, United Arab Emirates: 21 March 2024 – Schneider Electric, a global leader in energy management and automation, and Positive Zero, a decentralised decarbonisation infrastructure business headquartered in the UAE, signed a Memorandum of Understanding (MOU) to drive the development of sustainable energy solutions. This collaborative effort aims to accelerate the adoption of clean energy technologies and propel the transition towards a net-zero future in the region.    As part of the agreement, Schneider Electric and Positive Zero will collaborate on various initiatives to advance ......read more

Department of Energy - Abu Dhabi report highlights performance of power distribution to industrial sector in the Emirate…

Abu Dhabi,19 March 2024: The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific reference to the supply of electricity to industrial zones and companies operating within them. In this context, the success of existing industries and the enablement of future industries require a sustainable system of infrastructure services and innovative technologies to facilitate the operations of industrial companies and their workflow without interruption or delay. This includes energy services, which form a fundamental pillar in consolidating the industrial sector in the emirate. Abu Dhabi has proven its readiness to respond to all these requirements and ensure the security of energy distribution. ......read more

49th Edition of Middle East Energy Set to Power Up its Transformative Role in Renewable Energy…

Industry Heavyweights Due at Leadership Summit, Tech Seminar & Intersolar & ees Conference Leadership Summit to Deliver Overview of Region’s Energy Landscape Dubai, UAE - March 18 2024: Serving as a catalyst in the rapidly evolving energy landscape in the region, Middle East Energy – the most comprehensive energy-focused event in the Middle East and Africa – will field a compelling portfolio of regional and industry experts, thought leaders and disruptors ready to accelerate action towards net zero targets. Over three days, speakers will take to stages across a dedicated Leadership Summit, Technical Seminar, and focused Intersolar and electrical energy storage (ees) conference at the event, which runs April 16-18 at the Dubai World Trade Centre under the auspices of the UAE’s Ministry of ......read more

10th EcoWASTE Exhibition & Forum to create blueprint for addressing region's waste challenges…

The three-day event will promote circular economy and tackle Middle East region’s waste challenges by exploring innovative product and ideas Taking place from April 16 to 18, the EcoWASTE Forum will highlight the region’s effort to curb plastic and industry waste Tadweer Group is the Strategic Partner for the 10th Year in a row Abu Dhabi, UAE, March 4, 2024: The highly anticipated EcoWASTE Exhibition & Forum will return for its 10th edition on April 16 to 18 at the Abu Dhabi National Exhibition Centre. As one of six vertical platforms within the World Future Energy Summit, the Exhibition will explore a wide variety of potential solutions to help close the loop on the Gulf’s waste challenges. Organised by RX Middle East as part of the World Future Energy Summit, with Tadweer Group as Strategic ......read more

Trina solar once again on BNEF tier 1 list for Q1 2024…

Dubai, United Arab Emirates - Trina Solar, a global leader in smart PV and energy storage solutions, has secured a place on the BNEF Tier 1 list once again, thanks to its strong bankability, the great reliability of its PV modules and its highly efficient 210mm n-type products. This consolidates its leadership in the PV and energy storage industry. According to the report for the first quarter of 2024, Trina Solar fully meets BNEF’s Tier 1 criteria, whose threshold is now much higher than was previously the case.   BNEF, a research organization in the field of new energy, is recognized globally for its credibility and expertise. Its more stringent criteria in the latest quarter for PV module Tier 1 recognition require a brand to have provided own-brand, own-manufacture products to six different projects, which have been ......read more

Environment Agency – Abu Dhabi Launches an Odorous Gas Monitoring Network…

Abu Dhabi, 27 February 2024: The Environment Agency – Abu Dhabi (EAD) has launched the ‘Abu Dhabi Odorous Gases Monitoring Network’ as part of a drive to improve environmental protection, reduce nuisance and improve citizens’ and residents’ quality of life. The project is aligned with the UAE’s environmental vision of sustainable development and pollution prevention. Throughout the multi-phased five-year project EAD will ensure that the project encompasses a variety of activities across all potential sources to ensure that they do not adversely impact the environment and local communities. Additionally, it will serve as a valuable tool for early detection and response to odorous gas releases, which cause public annoyance.  During this project, EAD will focus on continuously monitoring the ......read more

Eaton to Showcase Cutting-Edge Sustainable Energy Solutions at LEAP 2024 in Saudi Arabia…

Dubai, UAE, February 26, 2024: Intelligent power management company, Eaton, is pleased to announce its participation in the upcoming LEAP 2024, the global tech event that brings together hundreds of thousands of attendees to discover what’s next for technology. Focusing on Energy Transition and Digitalization, Eaton aims to showcase cutting-edge sustainable technologies that pave the way for a smarter and more energy efficient future.   As Saudi Arabia strides towards renewable energy, the Kingdom has set ambitious targets, with a commitment to sourcing 50% of its power from renewable sources by 2030. Along with its plans to invest $50 billion in renewable energy projects over the next decade, Saudi Arabia demonstrates the growing importance of clean energy in the region. The aforementioned represents a remarkable ......read more

The Department of Energy Reviews 2023 Performance Results and Reports…

Abu Dhabi, February 14 – H.E. Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), chaired a meeting attended by several CEOs of water and electricity companies in Abu Dhabi. The meeting focused on reviewing Abu Dhabi Water and Electricity Sector's performance results and reports for the year 2023, as well as discussing future plans for 2024. The meeting is part of the ongoing exchange of visits and cooperation between the DoE and its partners in Abu Dhabi, aiming to coordinate efforts, discuss development plans that enhance performance efficiency and excellence, and address all challenges related to the energy sector, ultimately leading to sustainable development in the emirate. The meeting, which was held at the DoE's headquarters in Abu Dhabi, was attended by His Excellency Eng. ......read more

ADNOC DISTRIBUTION REPORTS RECORD $1 BILLION EBITDA IN 2023, DELIVERING ON A KEY CAPITAL MARKETS COMMITMENT…

Company reports Y-o-Y EBITDA growth of 4.6% in 2023, and 15.4% Y-o-Y increase in underlying EBITDA ADNOC Distribution surpasses its 2023 target of opening 25-35 new service stations by adding 41 stations to its network Fuel volumes sold in GCC countries (UAE and Saudi Arabia) rise 11.8% in 2023, while non-fuel transactions grow by 12.9% Y-o-Y Convenience store conversion rate reaches 24.7%, up from 21.7% in 2022, supporting non-fuel gross profit growth of 19.6% Y-o-Y   Abu Dhabi, UAE – February 7, 2024: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today reported robust results for 2023, recording a 4.6% year-on-year growth in earnings before interest, tax, depreciation and ......read more

ADNOC Distribution marked a Year of Expansion, Transformation and Continued Fuel & Retail Growth in 2023…

• Company continued network expansion and exceeded its 2023 target to open 25-35 service stations by adding 41 new stations during the year • Non-fuel retail business delivered approximately 12.9% year-on-year growth in number of transactions and hit a four-year-high convenience store conversion rate of 24.7%  • Company launched first phase of fast and super-fast electric vehicle charging points, reaching over 50 charging points across its UAE service stations network • First nine ADNOC-branded service stations were launched in Egypt in 2023 Abu Dhabi, UAE – January 31, 2024: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced early operational results from 2023, with full financial results to be shared in February ......read more

Tabreed Achieves Significant Energy Savings with Variable Frequency Drives in Extensive Retrofit Programme…

• Increased energy efficiency marks significant step in decarbonising operations   Abu Dhabi, United Arab Emirates – 30 January 2024: Tabreed, the world’s leading district cooling company, has concluded the third phase of its ‘Tasheel’ programme – an ambitious and extensive retrofit of Variable Frequency Drives (VFDs) to increase energy efficiency and assist in the decarbonisation of its operations.    Tabreed celebrated its silver jubilee in 2023 and is the Middle East’s original district cooling provider. It is, therefore, inevitable that certain plants in its ever-expanding portfolio will feature technology that has since been superseded with more energy efficient methods with lower operational and maintenance costs. While VFDs have been available for many years, ......read more

Astana Grand Mosque takes action to Reduce Energy use by Cutting Heat Consumption by 17.5%…

• Thermal heating solution provided by Danfoss expected to achieve US$55,000 annual savings • Heating system emits less CO2 emissions, fostering a more sustainable future   The Astana Grand Mosque, the biggest mosque in Central Asia, has taken a bold step in lowering CO2 emissions and fostering a more sustainable future with the installation of a new thermal heating solution from Danfoss which reduces heat consumption by 17.5%.    Global engineering group Danfoss helped to provide the Astana Grand Mosque with an energy efficient heating solution to ensure the comfort of worshipers during the harsh Kazakh winters when temperatures can reach -50 degrees Celsius.   The new thermal heating system solution emits less CO2 emissions, fostering a more sustainable future, and it is expected to ......read more

The Gas Safety Committee and Abu Dhabi Department of Municipality and Transport Set Gas Cylinder Safety Protocols for Emirate Construction Sites…

Abu Dhabi, 08 January 2024: As part of its commitment to uphold the highest environmental and health standards at construction sites and ensure fire safety, the Gas Safety Committee, in collaboration with the Abu Dhabi Department of Municipalities and Transport (DMT), has issued a circular addressing the safe use of gas cylinders at construction sites.  The Gas Safety Committee was established in response to an initiative by the Department of Energy – Abu Dhabi, to assess the safety of liquefied petroleum gas systems in buildings across the emirate. One of the committee’s aims is to ensure the safety of its supply and usage by coordinating efforts, reviewing procedures and establishing standards for gas supply and installation activities, in order to prevent gas-related accidents in the Emirate. The Committee ......read more

Abu Dhabi's Non-oil Economy Expands 7.7% in Q3 and 8.6% in First 9 Months of 2023…

• Abu Dhabi’s non-oil GDP surges by 7.7% in Q3 and 8.6% in first 9 months of 2023 • Construction activity grows at a positive rate of 14.3% in Q3 2023 y/y • Total real GDP expands by 2.8% over the first nine months in 2023   29 December 2023, Abu Dhabi, United Arab Emirates: The Statistics Centre - Abu Dhabi (SCAD) has reported a substantial 7.7% growth in the real non-oil GDP of Abu Dhabi during the third quarter of 2023, in comparison to the same period in 2022. This growth is attributed to the success of Abu Dhabi’s comprehensive strategies aimed at fortifying its standing as a prominent economic powerhouse.   Preliminary estimates released by SCAD reveal that most of non-oil activities have sustained growth rates, contributing 52.8% to the overall economy. Despite fluctuations in ......read more

ENEC and China National Nuclear Corporation Sign MoUs to Explore Potential Collaboration on new Nuclear Energy Plants in Third Countries…

- MoU will see ENEC and CNNC work together – both companies have delivered some of the newest nuclear energy plants globally to decarbonize their power sectors. - ENEC and CNNC will also work together to identify potential cooperation in the development and deployment of High Temperature Gas Cooled Reactors (HTGR)  - Global sentiment for nuclear energy at a new high as nations look to this important source of clean electrons and molecules for energy security and sustainability    Abu Dhabi, UAE – 15 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a new Memorandum of Understanding (MoU) with China National Nuclear Corporation (CNNC). The two organizations will collaborate on identifying potential development and co-investment opportunities for new international nuclear energy ......read more

ENEC, EPRI Collaborate on Report Highlighting Nuclear's Role in Decarbonization Efforts…

Abu Dhabi, UAE – 14 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and independent, global energy R&D institute EPRI, have collaborated on a report that outlines decarbonization pathways for the upstream process in the oil and gas industry with the use of nuclear energy.  While the global community is increasingly focused on reducing dependence on fossil fuels, these resources are anticipated to remain integral to the global economy for several decades. Fossil fuels not only provide essential feedstock for the chemical and plastics industries but also serve as a reliable, on-demand energy source for sectors where electrification poses significant challenges. Approximately 8% of global greenhouse gas emissions are directly attributed to oil and gas production activities. Therefore, decarbonizing these ......read more

ENEC and X-energy Partner to Explore Deployment of Advanced Nuclear Energy Technology…

- ENEC and X-energy to assess viability of X-energy’s nuclear technology for the UAE market, and explore development partnerships in the UK and Europe, and a regional deployment framework for the Middle East, Africa, and Indian subcontinent - Partnership to explore ’Green molecule’ production, including hydrogen, and application for energy intensive and hard-to-abate sectors    Abu Dhabi, UAE – 11 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with X-energy, a leading American developer of advanced small modular nuclear reactors and fuel design engineering company, to collaborate on the advancement of nuclear energy technologies. The Memorandum of Understanding (MoU) was signed at COP28 and comes in line with ENEC’s recently ......read more

ENEC and Egypt's Nuclear Power Plants Authority Sign MOU at COP28 for Cooperation on advancing Peaceful Nuclear Energy Use…

- ENEC and Egypt’s NPPA to explore potential opportunities to support decarbonization of power sectors and heavy industries   Abu Dhabi, UAE – 09 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and Egypt’s Nuclear Power Plants Authority (NPPA), the owner and operator of Egypt’s first nuclear energy plant have signed a Memorandum of Understanding (MoU) at COP28. The MoU sets the framework for the two entities to explore opportunities of cooperation in advancing the use of peaceful nuclear energy. The MoU was signed by His Excellency (H.E.) Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, and Professor Dr Amged El-Wakeel, Board Chairman of NPPA, as global leaders and stakeholders gather at COP28 to advance climate action and policies, furthering the goals of the ......read more

UAE Announces the first Women in Nuclear Middle East Chapter to enhance the Women's Role in Advancing Nuclear Energy and achieving Net Zero…

- Egypt joins the UAE in the Win Middle East Chapter which is open for other regional countries - WiN Middle East chapter aligns with COP28 goals to increase gender equality within sustainability and decarbonization strategies  - ENEC continues to build capabilities and skills of women to play key roles across nuclear science, engineering, and technology -  Female experts are driving innovation and inspiring young women through the UAE Peaceful Nuclear Energy Program  Abu Dhabi, UAE -08 November 2023: The UAE announced today the launch of the Women in Nuclear (WiN) Middle East Chapter. The Chapter was announced at COP 28 by His Excellency Mohamed Al Hammadi, Managing Director and Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), Dominique Mouillot, President of WiN Global, and Dr Sama ......read more

Renewables Receive Major Boost with Pledges to IRENA's ETAF Platform Exceeding USD 4 Billion…

By surpassing its COP28 target fourfold, the Energy Transition Accelerator Financing Platform (ETAF) signals strong momentum for renewable energy financing in developing countries   Dubai, United Arab Emirates, December 5, 2023 – Today, with the addition of four new partners, financial pledges towards the International Renewable Energy Agency’s (IRENA) ETAF platform reached USD 4.05 billion, surpassing its original target for COP28 by more than fourfold.   The platform, established in 2021 with support from the United Arab Emirates, aims to scale up renewable energy projects that contribute to Nationally Determined Contributions (NDCs) in developing countries, while also bringing benefits to communities through enhanced energy access and security, and promoting economic growth and ......read more

ENEC and Westinghouse Sign MOU for Advanced Nuclear Reactor Technologies at COP28…

ENEC and Westinghouse will explore the potential technical and commercial deployment of the eVinci microreactor in the UAE and overseas to support achieving Net Zero by 2050   Abu Dhabi, UAE – 05 December 2023: The Emirates Nuclear Energy Corporation (ENEC) and Westinghouse, an international leader in designing, developing and deploying commercial nuclear energy facilities, have together signed a Memorandum of Understanding (MoU) regarding the eVinci™ microreactor as a key solution for tackling the dual challenges of energy security and climate change. The MoU signing took place at COP28 between HE Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC and Patrick Fragman, President and CEO of Westinghouse, as world leaders gather in the UAE for a global stocktake on the next round of urgent ......read more

GREE Unveils Revolutionary Solar-Powered VRF System at COP28, Paving the Way for Sustainable HVAC Solutions in the UAE…

This new product line offers cutting-edge solutions that can run directly on solar power, setting the stage for sustainability in the heating, ventilation, and air conditioning (HVAC) industry Dubai, UAE (November 2023): As the world gathers for COP28 in Dubai, a pivotal moment in the global fight against climate change, GREE, the world’s best-selling HVAC manufacturer as per Euromonitor, takes centre stage by unveiling its groundbreaking Solar VRF (Variable Refrigerant Flow) air conditioning system. With its capability of running fully on solar power, this product launch not only marks a significant stride in the HVAC industry but also underscores GREE’s commitment to providing sustainable solutions that align with the environmental goals of COP28. Setting the stage for sustainability in the HVAC industry; GREE is ......read more

ENEC and GE Hitachi Sign MoU for Potential Investment and Deployment of Small Modular Technology as part of ENEC ADVANCE Program…

- MoU focuses on potential opportunities for GE Hitachi’s BWRX-300 technology advancement in the Middle East and Africa - The collaboration strengthens the UAE’s position as a leader in clean energy transition and SMR technology deployment globally   Abu Dhabi, UAE – 03 December 2023: The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with GE Hitachi Nuclear Energy (GE Hitachi). The MoU will identify opportunities for future investment in Small Modular Reactor (SMR) technology development to further consolidate the UAE’s position as a pioneering leader in nuclear innovation, and nuclear energy technology deployment globally.   The MoU is part of the new ENEC ADVANCE program, which aims to expedite and centralize the UAE’s approach to ......read more

Mubadala Energy Partners with Pertamina Geothermal Energy and Chevron to Explore Geothermal Opportunities in Indonesia…

Joint Study Agreement in line with Mubadala Energy’s strategy to play an active role in the energy transition by exploring investments in new energy sectors 14 November 2023 - PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia. The JSA was signed during President Joko Widodo’s visit to the United States and witnessed by the Deputy Coordinating Minister for Maritime & Investment Affairs, Jodi Mahardi , Ambassador of The Republic of Indonesia for United States of America, Rosan Roeslani, President Director & CEO PT Pertamina (Persero), Nicke Widyawati and Country Manager Chevron Indonesia, Wahyu ......read more

Global Satellite Operators' Association Releases Code of Conduct on Space Sustainability…

13th November 2023 – The Global Satellite Operators Association (GSOA) today released its Code of Conduct on Space Sustainability, calling on operators to implement responsible practices that mitigate the risk of in-orbit collision, minimize the threat of non-trackable debris, protect humans in space and limit effects on optical astronomy.    Satellite communications services provide essential connectivity that complements terrestrial networks and contributes to the delivery of universal service and coverage.  Satellite connectivity can significantly help reduce today’s digital divide, as the number of satellite broadband users is set to double to at least 500 million people by 2030.   “Satellites in all orbits deliver vital satellite connectivity and high throughput broadband services. ......read more

ADNOC Drilling and Alpha Dhabi to Establish Strategic Partnership…

Joint Venture to create dedicated platform targeting global investments in technology-enabled oilfield and energy service companies  Innovative partnership underpins ADNOC Drilling’s market-leading position as an integrated drilling services provider, powering its growth and expansion strategy Partnership highlights Alpha Dhabi's dedication to diverse and innovative ventures  Strategic collaboration between two leading Abu Dhabi entities with complementary capabilities to accelerate domestic economic development and diversification Abu Dhabi, UAE – November 10, 2023: ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) and Alpha Dhabi Holding PJSC (‘’Alpha Dhabi’’) (ADX: ALPHADHABI) have agreed ......read more

Using Energy at the Right Time can Save 40 Million Tons of CO2 Emissions Annually in the UK & EU, new Whitepaper Reveals…

New study by Danfoss shows roll-out of demand-side flexibility technology can achieve annual societal cost savings of €10.5 billion by 2030, and 7% savings on electricity bills for households Regional President at Danfoss Turkey, Middle East, and Africa, praises GCC's leading role in global green climate initiatives, stresses the need for energy efficiency solutions   A new analysis commissioned by Danfoss reveals that an ambitious but realistic roll out of demand-side flexibility technology in the EU and UK can save 40 million tons of CO2 emissions each year by 2030, more than Denmark’s domestic climate footprint. Additionally, the EU and UK can achieve an annual societal cost savings of €10.5 billion by 2030 and €15.5 billion by 2050. These savings already account for the majority of ......read more

Hitachi Energy acquires eks Energy…

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Dubai - October 31, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider. The investment also marks the establishment of a strategic partnership with Powin, who maintains a significant ownership stake in eks Energy. As the world transitions to more renewable energy sources, the global demand for battery energy storage systems (BESS) continues ......read more

EMICOOL Honored with Platinum Award at Global ESG Awards for Notable Water Conservation Initiatives…

Dubai, UAE 26th Oct 2023: Emirates District Cooling Company (EMICOOL), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis, a leading global investor in sustainable infrastructure has been recognized with the prestigious Platinum Award at the Global Environmental, Social, and Governance (ESG) Awards. The accolade celebrates EMICOOL's outstanding contributions to water conservation and sustainable practices within the community. Global ESG Awards, recognizes pioneers and celebrates companies at the forefront of fostering sustainable development and awards winners in categories aligned with the 17 UNSDGs. The key highlight of the award included EMICOOL’s water efficiency project that has made a profound and lasting impact, reiterating the ......read more

Dubai Autodrome Eliminates the Equivalent of 965 Trucks in CO2 Emissions as It Accelerates Sustainability Efforts…

• In its first full year of operations, the venue eliminated 4,544 metric tons of CO2 emissions through its state-of-the-art solar panels project – coinciding with one of its busiest motorsport seasons.   • Almost a quarter of Dubai Autodrome’s total solar energy was put back into Dubai's electricity grid, benefiting communities across the UAE.     Dubai, 25 October 2023: As part of its ongoing efforts to be a sustainable venue, Dubai Autodrome eliminated 4,544 metric tons of CO2 emissions through its solar panels project in the last 12 months, while almost a quarter of its total annual unused solar energy was put back into Dubai’s electricity grid to help serve the UAE’s communities.    The figure is the equivalent of the removal of 965 trucks from roads ......read more

Hitachi Energy Passes 150 GW in HVDC Links Integrated into the Power System, Expands Capacity to Meet Accelerating Energy Transition Demand…

• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships   • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy                 Dubai - October 24, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has enabled more than 150-gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the power system – sufficient to meet the peak power demand for Japan. The announcement follows the delivery of the first power from Dogger Bank, the world's largest offshore wind ......read more

ADNOC Gas Signs $500-700 Million LNG Supply Agreement with JERA Global Markets…

Agreement reinforces ADNOC Gas’ position as a global LNG export partner of choice   Agreement builds on the long-standing energy partnership between the UAE and Japan and underscores the Company’s growing global presence, particularly in the Asian LNG market  Latest agreement brings the total value of LNG supply deals since ADNOC Gas’ listing in March this year to between $9.4 billion and $12 billion    Abu Dhabi, UAE – October 17, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, today announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), ......read more

MMEC Mannesmann Signs MoU with Linde Group to Enhance the Growth of the Gas and Renewable Energy Sectors in Abu Dhabi…

Abu Dhabi, UAE - 4 October: MMEC Mannesmann, the leading Emirati company specializing in the oil, gas, mining, and renewable energy sectors, has signed a Memorandum of Understanding (MoU) with Linde Group. This MoU outlines a collaborative framework between the two parties, focusing on providing innovative solutions and services that contribute to enhancing growth in the oil, gas, and renewable energy sectors in Abu Dhabi. The MoU was signed during MMEC Mannesmann's participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2023), in the presence of His Excellency Alexander Schonfelder, the Ambassador of the Federal Republic of Germany to the UAE. Eng. Anas Al Juaidi, CEO of MMEC Mannesmann, and Mr. Steffen Richter, Head of Cluster Middle East and Türkiye at Linde Group, and several officials and ......read more

Under the Framework of the Abu Dhabi Mangrove Initiative, Mubadala Energy Joins Environment Agency – Abu Dhabi's Commitment to Nature-Based Solutions, Planting 700,000 Mangroves…

Company also signs Abu Dhabi Mangrove Initiative Pledge, launched by the Environment Agency – Abu Dhabi to support a range of mangrove and blue carbon conservation initiatives. Abu Dhabi – 3 October, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, has announced a major commitment to enhancing the role of nature – based solutions by planting 100,000 mangroves a year until 2030. The company is one of the first to join forces with the Environment Agency -Abu Dhabi (EAD) and its Abu Dhabi Mangrove Initiative to accelerate conservation and research efforts around mangroves, supporting the UAE’s net zero goals and the Mangrove Alliance for Climate (MAC).  The ADMI Partner’s Pledge signed by Mubadala Energy establishes a framework to help conserve and restore mangroves and other ......read more

ADNOC Gas Awards $615m Contract for One of MENA's Largest Integrated Carbon Capture Projects…

Company awards EPC contract for carbon capture units at the Habshan gas processing plant, part of ADNOC’s wider carbon management strategy Project to capture and permanently store up to 1.5 million tons of carbon dioxide per annum as ADNOC builds unique platform to connect sources of emissions and sequestration sites Over 65% of the contract value to flow back into the UAE’s economy through ADNOC’s ICV program Abu Dhabi, UAE – October 3, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, announced today it has awarded a $615 million (AED2.26 billion) Engineering, Procurement and Construction (EPC) contract to Petrofac Emirates for constructing carbon capture ......read more

EGA Achieves Another Summer of Zero Heat-related Illnesses…

United Arab Emirates, 3 October 2023: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced today the company achieved zero heat-related illnesses for the second summer in a row. Heat-related illness is a hazard for anyone working outside in the UAE summer, and can be fatal if left untreated. EGA’s industrial processes generate additional heat, and must operate around the clock every day of the year. EGA has developed its system to combat heat-related illness over more than a decade. The company's annual ‘Beat the Heat’ programme is a comprehensive, summer-long effort across all EGA’s operations. Employees are trained to recognise early signs of heat stress in themselves and their colleagues, and are empowered and equipped to take ......read more

DP World Celebrates Gold Win for Pioneering Rooftop Solar Power Programme at Gulf Sustainability Awards 2023…

Largest distributed rooftop solar project in the Middle East with over 157,000 solar panels receives recognition for outstanding environmental sustainability efforts Dubai, UAE, October 3, 2023: DP World, a leading provider of global end-to-end supply chain solutions, was awarded Gold in the Environmental Sustainability Programme category at the Gulf Sustainability Awards 2023 in recognition of its dedication to enabling sustainable transformation through its Solar Power Programme.    DP World’s Solar Power Programme is the largest rooftop solar photovoltaic (PV) programme in the GCC, and the largest distributed rooftop solar project in the Middle East. The programme has seen the installation of over 157,000 solar panels across the expansive 57 square kilometres of the Jebel Ali Free Zone (Jafza) and Port Rashid on ......read more

Kanoo Energy Takes Center Stage at ADIPEC 2023 with Next-Gen Energy Solutions…

• Pioneering the path with a robust focus on decarbonization and state-of-the-art technology.   27th Sep, 2023, Abu Dhabi, UAE - Kanoo Energy, Part of Kanoo Industrial & Energy, is all set to participate in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. From October 2nd to 5th, at stand 12330 in hall 12 explore a realm of innovative technology solutions tailored for the Oil and gas and petrochemical sectors.   As the UAE gears up for COP28, there is an abundance of palpable energy in the air. Kanoo Energy is committed to its vision for cleaner skies, a robust economy, fortified energy security towards the energy trilemma, and a cascade of socio-economic benefits. Kanoo Energy, with its storied legacy of championing renewables and sustainability, stands at the forefront of ......read more

Adnoc Distribution Board Approves $350 Million (Aed1.285 Billion) Interim Cash Dividend for First Six Months of 2023, Equivalent to 10.285 Fils per Share…

• Company’s dividend policy sets a minimum dividend of $700 million (AED2.57 billion) for full-year 2023, subject to shareholder approval    • Since its IPO in 2017, ADNOC Distribution has consistently delivered attractive shareholder returns and has paid a total of $3.7 billion (AED13.6 billion) in dividends   • The deadline for purchasing shares to qualify for interim dividend payment is 3 October 2023     Abu Dhabi, UAE – September 26, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today announced the Board of Directors’ approval of an interim dividend of $350 million (AED1.285 billion) for the first six months of 2023, ......read more

UAE-France Energy Days: Edition 7 Brings Energy Industry Leaders Together for Collaborative Exchange…

Abu Dhabi, UAE – 22 September 2023: Reinforcing bilateral collaboration and strategic partnerships between the UAE and French energy companies was discussed during the 7th edition of the UAE-France Energy Days held on 13 September in Dubai and 14 September in Abu Dhabi 2023. In Abu Dhabi, the event was attended by senior officials from ADNOC’s upstream and downstream businesses, including Borouge. Other prominent energy players, such as Total Energies, Vinci Energies, and Fives Group, participated in the conference and presented cutting-edge engineering solutions covering a wide range of areas including renewable energies, industrial and environmental offerings, safety and maintenance, logistics, operational excellence, and training services, among others.    H.E. Nicolas Niemtchinow, French Ambassador to the ......read more

More than 250 Organisations Call for Transformative Target to Triple Renewable Power Capacity by 2030…

A global multi-stakeholder coalition highlights the urgency of action on the energy transition required from world leaders as they gather in New York with just 73 days to go until COP28   18 September 2023 | Companies and organizations representing a market value of more than $12 trillion, responsible for the majority of global renewable energy deployment and from all six populated continents have published an open letter to world leaders calling for a target to triple renewable energy capacity to 11,000GW by 2030 to be agreed at COP28 later this year.    The call for action comes from a diverse cross-section of stakeholders in the energy sector: international governmental organizations, producers, buyers, supply chain actors, civil society, environmental groups and youth. Around half of the signatories are based in ......read more

Motul Launches NGEN Range of Engine Oil in ME, Merging Performance with Sustainability…

The significant step towards showcasing a resolute commitment to sustainability, while keeping Motul’s legacy of high-performance oils in the market, reduces carbon footprint significantly in the manufacturing process. Dubai - September 12th, 2023: Motul, one of the world’s leading companies specializing in the formulation, production, and distribution of high-tech engine oils, has announced the launch of its NGEN range of engine oil in the Middle East. Motul aims to tackle new challenges in the marketplace with this new engine oil that combines sustainability and high performance.  The NGEN range is made of bio-sourced and premium regenerated base oils for passenger hybrid cars and motorbikes, respectively. The lubricant range made from renewable, non-fossil sources limits Motul’s environmental impact and ......read more

G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption…

Leaders at the G20 Summit Agree to Triple total Renewable Energy Capacity and Underscore Global Need for Over USD 4 Trillion of Annual Investments Until 2030   Abu Dhabi, UAE 11 September 2023 - G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets.    In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India's G20 Presidency, titled "Low-Cost Financing for Energy Transitions", which estimates a need for over USD 4 trillion in annual investments by 2030.   According to IRENA’s “World Energy Transitions Outlook 2023”, released earlier this year in June, the ......read more

Joint Committee for Security & Safety Launches Survey to Promote Safety Compliance & Awareness at Petrol Stations…

•The bilingual survey targets all users and visitors of petrol stations across the UAE. •Comprehensive survey features nine sections, divided between two key aspects: awareness and commitment. Dubai, September 5, 2023 The Joint Committee for Security and Safety, represented by the Ministry of Energy and Infrastructure, the General Command of Civil Defense at the Ministry of Interior, and its strategic partners, has launched a comprehensive survey to measure the level of public awareness and compliance with security and safety protocols as part of the joint national awareness campaign for security and safety at gas stations 2023. The awareness campaign, which is set to run until September 25th, 2023, was carried out in partnership with prominent entities such as Emirates National Oil Company (ENOC), Abu Dhabi ......read more

Trina Solar Empowers Saudi Arabian Desalination Plant with Vertex N 700W+ Series Modules…

Dubai, UAE – 30 August 2023 – Trina Solar, the leading global PV and smart energy total solution provider, has successfully powered a groundbreaking desalination plant in Jubail, Saudi Arabia, with its cutting-edge Vertex N 700W+ series solar PV modules. The photovoltaic power station, boasting a substantial installed capacity of 45.5 MW, was recently integrated into the grid through the expertise of SEPCOIII, a subsidiary of Power China. The Jubail 3A Independent Water Plant, located in the eastern city of Jubail, represents Saudi Arabia's pioneering leap into large-scale integrated water desalination bolstered by solar energy. This innovative project serves as a landmark in the country's sustainable energy journey, generating electricity to fulfill 20% of the plant's daily energy requirements. Notably, it is ......read more

Renewables Competitiveness Accelerates, Despite Cost Inflation…

Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report   Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to ......read more

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