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Featured in Energy, Oil & Gas
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

ADIPEC Awards 2023 Honours Pioneers from UAE, Malaysia, Israel, USA, and UK Accelerating the Energy Transition…

• Professor Ernest J Moniz, CEO of Energy Futures Initiative, honoured with Leader of Change – Passionate Driver of Progress Award for his efforts to amplify and elevate climate mitigation and clean energy • Lee Kian Seng from PETRONAS awarded the Young Changemaker of the Year for driving transformative changes and orchestrating digital transformation • Winning companies in the six other award categories included LanzaTech, H2Pro, Carbon Clean, PETRONAS Research, ADNOC, ADNOC Onshore and the Emirates Water and Electricity Company   Abu Dhabi, 3 October 2023 – The ADIPEC Awards 2023 has honoured eight pioneering projects, companies and individuals who are driving transformative change across the global energy system. The winners represent companies and individuals from the United Arab Emirates, ......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

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

Al Mazrui: Abu Dhabi is Consolidating its Position as a Leading Platform to support the Sustainable Energy Sector…

 The Abu Chamber to take part in ADIPEC 2023   More than 10,000 companies operating in the oil and gas sector are registered in the Abu Dhabi Chamber   More than 500 new members entered the oil and gas sector by the end of August 2023, an increase of 10% compared to 2018   Abu Dhabi, UAE, 26 September 2023: His Excellency Abdulla Mohamed Al Mazrui, Chairman of Abu Dhabi Chamber of Commerce and Industry (ADCCI), said: “The Abu Dhabi Chamber is committed to being a major supporter of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) since its launch in 1984. ADIPEC has stood as one of the world's most prominent strategic events for nearly 40 years, marked by its commitment to development, progress, and innovation. The global platform has brought together the ......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

New ADIPEC Global Youth Council to Inspire Next Generation of Energy Leaders to Accelerate the Energy Transition…

• 20 ADIPEC Global Youth Council members come from top universities and companies around the world   • Members to engage in cross-generational dialogue with energy leaders and lend their voices to discussions on the biggest climate and energy issues   • Council advances ADIPEC goal of inspiring young people to lead a responsible energy industry   Abu Dhabi, 18 September 2023 – ADIPEC, the world’s largest energy conference and exhibition, has launched its first-ever Global Youth Council to amplify the diverse voices of young people from around the globe in the energy transition, as part of its commitment to inspiring the next generation to shape the energy system of the future and become future leaders of a responsible energy industry.  Made up of 20 extraordinary ......read more

ADNOC Gas Signs $450-550 Million LNG Supply Agreement with PetroChina International Co., Ltd.…

Agreement underscores ADNOC Gas’ growing global presence, particularly in the East and South Asian markets  Natural gas is a crucial transitional fuel, with lower carbon emissions compared to other fossil fuels, and ADNOC Gas is committed to ensuring reliable supply to its customers  Abu Dhabi, UAE – September 7, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”), a world-class integrated gas processing company, today announced an agreement, valued between $450 million (AED1.65 billion) and $550 million (AED2 billion), to supply Liquefied Natural Gas (LNG) to PetroChina International Company Limited (“PetroChina” or “PCI”), a subsidiary of PetroChina Company Limited, one of the leading oil and gas producers and distributors in China. This agreement underscores ......read more

Gas Safety Committee Ensures Emirate-wide LPG System Safety with Three New Circulars…

Abu Dhabi, 1 September 2023: As part of its safety inspection initiative for LPG gas systems in buildings across the emirate of Abu Dhabi, the Gas Safety Committee has issued three circulars that will ensure compliance with safety and fire prevention requirements. Initiated by the Department of Energy, the Gas Safety Committee represents twelve Abu Dhabi government entities. The first circular prohibits wholesale supply or sale of LPG from sources outside of the UAE’s national petroleum companies while the second prohibits retail outlets from the sale of gas cylinders. The third circular directs economic entities to utilise available central gas systems in their buildings and refrain from using gas cylinders. The first circular by the Abu Dhabi Department of Economic Development (ADDED), a member of Gas Safety Committee, ......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

Gas Safety Empowers Community with Vital Gas Safety Workshops on Gas Supply and Application Safety in Abu Dhabi…

Abu Dhabi, UAE – August 24, 2023: The Abu Dhabi Gas Safety Committee at the Department of Energy (DoE) proudly organized a series of impactful workshops under the theme "Ensuring Safe Gas Supplies and Applications." Aimed at bolstering gas safety awareness and practices within the community, the workshops were meticulously designed to cater to various segments of society.  The initiative commenced with an initial workshop focused on empowering gas inspectors from diverse government bodies in Abu Dhabi, the capital of the UAE. Led by Engineer Abdul Rahman Al-Alawi, the Director of Health, Safety, and Environment at DoE, this workshop emphasized the indispensable role of inspectors in identifying hazardous practices during inspection operations. Participants were educated on effective corrective measures and the ......read more

Mubadala Energy and Pertamina Collaborate on Carbon Capture, Utilization and Storage Applications in Indonesia…

Collaboration will focus on CCUS, in line with Mubadala Energy’s commitment to delivering its low carbon energy strategy Abu Dhabi– 25 July, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, and Pertamina, the Indonesian state-owned integrated energy company, have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage (CCUS) applications in Indonesia.  In line with Mubadala Energy’s commitment to play an active role in the energy transition and explore new energy solutions including CCUS, the partnership will see both companies cooperate to conduct joint studies and, potentially, business development activities in this strategic area of carbon mitigation.  The agreement ......read more

‘Water Security & Clean Energy Forum' Drives Climate-Tech Action in Abu Dhabi…

Advanced Technology Research Council, Department of Energy Join Forces to Resolve UAE’s Complex Water and Energy Challenges   Abu Dhabi-UAE: July 11, 2023 – Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch the Water Security & Clean Energy Forum. This transformative initiative brings together government and private sector entities to address the pressing water and energy challenges faced by Abu Dhabi and the wider country.     In line with the UAE’s Year of Sustainability, the forum convened industry regulators, operators, scientists, ......read more

Final Unit of the Barakah Plant Commences Operational Readiness Preparations…

- Unit 4 will now undergo national and international pre-operational assessments in preparation for receipt of Operating License and Fuel Load - The three commercially operating Units at Barakah, delivered in three consecutive years, are already generating more than 30TWh of zero-emission electricity all year round. - Unit 4 is the 4th and final unit to be added to deliver 25% of the UAE’s electricity – 24/7 - The Plant offers a clear solution for driving energy security and energy sustainability in parallel - The UAE Peaceful Nuclear Energy Program is an enabler for greater innovation in clean energy generation, including green molecules such as hydrogen and ammonia, as well as advanced technologies.     Abu Dhabi, UAE – 08 June 2023: The Emirates Nuclear Energy Corporation (ENEC) has ......read more

UAE Nuclear Sector Receives Further Capability Boost with Group of Nuclear Energy Professionals Certified by FANR…

Abu Dhabi, UAE, 2 June 2023: Back in 2009 when the Emirates Nuclear Energy Corporation was formed, the UAE was without a single nuclear energy engineer. ENEC wasn’t concerned however, as it followed the UAE’s leading approach to developing the national talent, and with it the national intellect, it would need to ensure the sustainable success of its civil nuclear energy program. Fast forward to today and not only does the UAE Peaceful Nuclear Energy Program have hundreds of UAE Nationals with nuclear engineering degrees, but it has now added a further 39 certified UAE National nuclear operators to the 30 UAE National nuclear operators that have certified since 2020.  This has brought the total number of certified Senior Reactor Operators (SROs) and Reactor Operators ( Ros) in the country up to 193, 69 of whom are ......read more

IRENA Council Assesses Energy Transition Progress Ahead of COP28…

Representatives from 113 Countries and the European Union discuss steps to accelerate the energy transition pathway at IRENA’s 25th Council Meeting   United Arab Emirates, 23 May 2023 – The International Renewable Energy Agency (IRENA) convened Members in Abu Dhabi today for its twenty-fifth Council meeting to outline actionable steps to accelerate a just and inclusive energy transition, six months out from the 28th Climate Change Conference (COP28), which is hosted in the United Arab Emirates (UAE) this year.   IRENA’s biannual, two-day meeting, with Antigua and Barbuda serving as Chair and the United States of America as Vice-Chair, showcases how each Member is working to increase global renewable energy capacity, in the aftermath of ongoing energy and geo-political crises.   Speaking ahead of the ......read more

Abu Dhabi Department of Energy Organises Workshop to Update the Abu Dhabi Demand Side Management and Energy Rationalization Strategy 2030…

Abu Dhabi, UAE: 22nd  May 2023 – In accordance with its mandate as the legislator and regulator of the energy sector in Abu Dhabi, responsible for issuing strategies, overseeing their implementation, and ensuring the achievement of sustainability and climate neutrality goals, Abu Dhabi Department of Energy (DoE) organised its first workshop on updating the Abu Dhabi Demand Side Management and Energy Rationalization Strategy 2030. The government entities that participated in the workshop included the Department of Municipalities and Transport, Abu Dhabi City Municipality, Al Ain City Municipality, Abu Dhabi Quality and Conformity Council, Abu Dhabi Distribution Company, Al Ain Distribution Company, and Abu Dhabi Energy Services. The workshop aimed to highlight and discuss key developments and achievements of the DoE ......read more

Abu Dhabi Department of Energy Announces Implementation of Demand Side Management Regulations from 1st July 2023…

Abu Dhabi’s energy and water efficiency expected to improve significantly. Abu Dhabi, UAE: 9th  May 2023 – In accordance with its mandate for issuing and implementing policies, laws and regulations that regulate the energy sector, the Abu Dhabi Department of Energy (DoE) continues its efforts, during the Year of Sustainability 2023, to accelerate the implementation of policies and regulations that support the Abu Dhabi vision, the UAE Net Zero 2050 Strategic Initiative, and related strategies that aim to promote the sustainability of the energy sector. DoE has announced today that it aims to implement its Demand Side Management Regulations from 1st July 2023. These Regulations form a comprehensive framework for designing, implementing, and evaluating energy and water efficiency initiatives related to demand side ......read more

Abu Dhabi Department of Energy to Showcase Major Projects and Initiatives at World Utilities Congress 2023 as Sustainability Partner…

Department shines a light on its latest climate-friendly policies and initiatives, in partnership with some of the most important entities in government and private sectors Abu Dhabi, United Arab Emirates - 05 May 2023: Abu Dhabi Department of Energy (DoE) will be participating as the main sustainability partner at the World Utilities Congress 2023, being held from 8-10 May, at Abu Dhabi National Exhibition Centre (ADNEC).  The DoE pavilion is located in Hall 5, stand 5110, where it will be showcasing its most significant policies, regulations and initiatives that are driving the energy and water transition in the Emirate of Abu Dhabi, in collaboration with strategic partners. Since its establishment in 2018, the DoE has been developing progressive climate-friendly policies and regulations that support national and ......read more

ENEC Signs Memorandums of Understanding with key Chinese Nuclear Energy Organizations during Delegation Visit to China…

 ENEC MD & CEO H.E. Mohamed Al Hammad, the president of WANO, visited its Shanghai branch office and received updates on their latest activities   Abu Dhabi, UAE – 7 May 2023: The Emirates Nuclear Energy Corporation (ENEC) has announced the signing of three Memorandums of Understanding (MoU) with the Nuclear Power Operations Research Institute, the China National Nuclear Corporation Overseas and the China Nuclear Energy Industry Corporation.  The signings of the MoUs were attended by His Excellency Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of ENEC. The MoUs with the Nuclear Power Operations Research Institute and the China National Nuclear Corporation Overseas were signed by Ahmed Al Mazrouei, Executive Director for Fuel Procurement and Analysis at ENEC and the Chinese ......read more

ADNOC Gas Signs 3-year LNG Supply Agreement with TotalEnergies Gas and Power…

Agreement reinforces ADNOC Gas’ position as a reliable global supplier of natural gas, an important fuel for the energy transition Value of agreement is expected to be in range of 1 billion USD to 1.2 billion USD under current market conditions    Abu Dhabi, UAE, May 1, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”), a world-class integrated gas processing company, today announced a three-year supply agreement with the French multi-energy company TotalEnergies Gas and Power Limited a subsidiary of TotalEnergies, a French multinational energy company, for the export of liquefied natural gas (LNG).  The deal underscores ADNOC  Gas’ position as a global LNG export partner of choice and cements TotalEnergies as a key strategic partner for ADNOC Gas in the LNG market, ......read more

Adnoc Distribution Reinforces Commitment to Growth in 2023 and Approves Amendment to Dividend Policy at Annual General Assembly…

Dividend of AED 1.285 billion (10.285 fils per share) approved for H2 2022 to bring total 2022 dividend to AED 2.57 billion (20.57 fils per share) General Assembly also approves changes to the dividend policy setting 2023 at a minimum of AED 2.57 billion (20.57 fils per share) Following the successful completion of its acquisition in Egypt, ADNOC Distribution to rebrand flagship service stations with its first opening in Q3 2023 Company continues electric vehicle (EV) chargers roll-out in Q1 increasing to 36 charging points across UAE while building partnership with TAQA for E2GO Abu Dhabi, UAE – March 16, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, announced today that its shareholders have approved all agenda items, including an amendment to ......read more

ADNOC Distribution Reports Strong 2022 Earnings with Ebitda of AED 3.52 Billion and Net Profit of AED 2.75 Billion…

UAE’s largest fuel and convenience retailer reports Y-o-Y growth in EBITDA by 15% and Net Profit by 22%, with total fuel volumes increasing by 8% and commercial volumes up by 19% during 2022 ADNOC Distribution maintained growth momentum throughout Q4 2022 by opening 21 new UAE service stations, expanding local network beyond 500 sites mark Non-fuel retail transactions increased by 15% during 2022, driven by ongoing focus on customer-centric initiatives such as ADNOC Rewards  ADNOC Distribution has successfully renewed its supply agreement with ADNOC for a new 5-year term Board recommends dividend of AED 1.285 billion (10.285 fils per share) for H2 2022 Abu Dhabi, UAE – February 09, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), UAE’s largest fuel and convenience retailer, which is ......read more

Adnoc Distribution to Decarbonize Operations and Reduce Carbon Intensity by 25% by 2030…

Company to cut emissions, install solar panels at service stations and use biofuels to power its fleet of vehicles New sustainability milestones unveiled during Abu Dhabi Sustainability Week will future proof ADNOC Distribution’s business and deliver sustainable long-term shareholder value  ADNOC Distribution becomes first UAE fuel retailer to tap into sustainability linked financing with USD 1.5bn loan Abu Dhabi, UAE – 20, January 2023:  ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), announced plans, today, to reduce its carbon intensity by 25% by 2030, by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value. Central to ADNOC Distribution’s enhanced sustainability drive is a commitment to ......read more

ADSW 2023 Highlights Role of Private Sector to Sustain UAE's $43bn Investment in Clean Energy…

• Sustainable financing solutions help in funding transformative green projects and to accelerate the private sector’s energy transition   UAE - Dubai 19, January 2023 – The UAE is investing heavily in environmentally friendly energy projects and witnessing significant increases in its clean energy production. The nation’s commitment is exemplified through forward-looking initiatives such as the recent launch of the UAE Energy Strategy 2050 as well as its progress thus far in launching 11 environmentally-friendly energy projects worth $43bn (AED159bn). Speaking at a panel discussion titled ‘Unleashing Private-Sector Investment in Energy Transition’ on the sidelines of Abu Dhabi Sustainability Week 2023, Walid Sheta, President for the Middle East and Africa Zone, Schneider Electric, ......read more

Abu Dhabi Department of Energy Signs MoU with NYU Abu Dhabi at Abu Dhabi Sustainability Week 2023 to Promote Energy and Water Sustainability…

Abu Dhabi, United Arab Emirates – 19 January 2023: The Abu Dhabi Department of Energy (DoE) has signed a Memorandum of Understanding (MoU) with New York University Abu Dhabi (NYUAD) at the Abu Dhabi Sustainability Week (ADSW) 2023. The MoU aims to strengthen commercial, economic, and technical cooperation in energy and water efficiency, sustainability, and conservation and is in line with both parties’ endeavour to achieve Abu Dhabi’s long-term economic development.  The MoU was signed by Eng. Ahmed Al Falasi, Acting Executive Director of the Energy Efficiency Sector and NYUAD Director of Sustainability and Stewardship Antonios Vouloudis, in the presence of dignitaries from both parties. The MoU aims to enhance cooperation and exchange of information and expertise between the DoE and NYUAD in capability ......read more

Adnoc Distribution and TAQA Reveal E2GO to Provide EV Charging Points across UAE…

Companies to utilize their wealth of experience, vast network, and innovation capabilities to meet the evolving needs of EV customers nationwide and unlock new business revenue streams E2GO will play a critical role in delivering EV charging infrastructure across Abu Dhabi where an estimated 70,000 EV charging points and up to USD 200 million CAPEX is required to meet growing demand by 2030 The new partnership announced at ADSW 2023 is supported by Abu Dhabi Department of Energy (DoE) and Abu Dhabi Department of Municipalities and Transport (DMT) Abu Dhabi, UAE – 19 January, 2023:  ADNOC Distribution, the UAE’s largest fuel distributor and convenience store retailer, has agreed with Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in the EMEA region, to work ......read more

Abu Dhabi Department of Energy unveils the ‘Water Management in District Cooling Plants' Policy to Promote District Cooling System and Decrease Energy Consumption…

Abu Dhabi, United Arab Emirates – January 18, 2023: In line with its responsibility to regulate and ensure the energy sector’s sustainability in Abu Dhabi, and in accordance with international best practices and standards, the Department of Energy (DoE) has announced its new ‘Water Management in District Cooling Plants’ policy. This new policy supports and continues the DC Regulatory Framework that it issued in 2019. The new policy aims to regulate the mechanism of identifying potential sources of water that can be used by district cooling providers, such as recycled water, desalinated water, and sea water. This would allow for the usage of low-cost sources that have been deemed to be of acceptable quality after evaluating their capital and operational economic feasibility. and It will also pave the way for ......read more

AD Ports Group Signs Major Agreements with Kazakh National Oil Company Subsidiary…

New joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea   Abu Dhabi, UAE – 28 December 2022: AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics, and industry, has signed a shareholder agreement with KMTF (Kazmortransflot), a fully-owned offshore logistics and services subsidiary of the Kazakh National Oil Company (KazMunayGas), to launch an exclusive joint venture, 51 percent owned by AD Ports Group and 49 percent owned by KMTF, to provide offshore and shipping services for energy companies in the Caspian Sea. Furthermore, the two parties have signed an agreement to pool tanker resources. The joint venture, which will look at investments opportunistically will offer a broad range of services, ......read more

One of the most anticipated Annual Energy Conferences will bring together Global Leaders in Abu Dhabi with a Focus on Net-zero Carbon Goals…

ABU DHABI – DECEMBER 13, 2022 – The Atlantic Council Global Energy Center announced today that it will convene the 2023 Global Energy Forum in Abu Dhabi on January 14-15, assembling international energy leaders for high-level discussions on the biggest energy challenges currently facing the world. The Seventh edition of the Atlantic Council Global Energy Forum will once again be held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. The forum is in partnership with the UAE Ministry of Energy and Infrastructure, Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company, TAQA, and ENEC, and is part of Abu Dhabi Sustainability Week.   “With geopolitical tensions imperiling European energy security, and global ambitions accelerating to reach net-zero, the world needs ......read more

Environment Agency - Abu Dhabi Marks Significant Progress Towards Declaring Abu Dhabi Free of Single-Use Plastic…

Abu Dhabi, 27 November 2022: The Environment Agency – Abu Dhabi (EAD) is making significant progress in its commitment to declare Abu Dhabi free of single-use plastic products, achieving the objectives of the Single-Use Plastic Policy in the Emirate.  The Agency reports a significant reduction in the consumption of single-use plastic bags, with people switching to alternative, more sustainable reusable bags with a lower environmental footprint. This positive change in consumer behaviour is being driven and supported by EAD’s ongoing education and awareness campaign. Since the implementation of the single-use plastic bag ban in Abu Dhabi last June, a team of inspectors from EAD, the Department of Economic Development, and the Abu Dhabi Agriculture and Food Safety Authority have begun to carry out joint inspections ......read more

ADNOC Distribution Announces Record Earnings for First Nine Months of 2022…

• The UAE’s largest fuel and convenience retailer reports 26% year-on-year growth in EBITDA and 39% in net profit • Total fuel volumes up 7%, with a 9% increase in non-fuel retail gross profit, driven by customer-centric initiatives and higher traffic at stations • Continued growth momentum with 47 new stations opened since the beginning of the year with about 80% of the 2022 network expansion target achieved • Commitment to distribute attractive dividends to shareholders supported by earnings growth Abu Dhabi, UAE – 11 November 2022: 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 that its EBITDA rose by 26% year-on-year to AED 2.86 billion, and net ......read more

Energy World To Descend On Abu Dhabi For ADIPEC 2022 To Tackle Challenge Of Energy Security and Sustainability…

• ADIPEC 2022 to take place in Abu Dhabi as industry and governments work to achieve energy security and advance climate goals at the same time.   • Record number of government ministers to attend ADIPEC, which is focused on the theme: ‘The Future of Energy: Secure, Affordable and Sustainable’   • During ADIPEC week United Nations Environment Programme (UNEP) to release ‘Eye on Methane’ report; OPEC to launch World Oil Outlook    • 1,200 speakers across more than 350 sessions to discuss global energy-market challenges while delivering on climate action and sustainability commitments ahead of COP27   ABU DHABI, 18 October 2022 – The UAE will be at the heart of the global dialogue on the future of energy, as industry leaders, policy makers ......read more

Abu Dhabi Department of Energy inks MoU with Cyber Security Council to bolster security of the UAE's energy sector…

Abu Dhabi, United Arab Emirates - 14 October 2022: The Abu Dhabi Department of Energy (DoE) announced today that it had signed a Memorandum of Understanding (MoU) with the Cyber Security Council, aimed at enhancing security of the UAE’s energy sector. The DoE will cooperate with other Abu Dhabi government entities in an effort to improve government performance, within the fast-paced digital transformation in the UAE. The MoU was signed during a meeting between His Excellency Eng. Ahmed Mohammed Al Rumaithi, Undersecretary of the Department of Energy in Abu Dhabi, and His Excellency Dr. Mohammed Hamad Al-Kuwaiti, Head of Cyber Security for the UAE Government.  The MoU aims to align the efforts of the DoE and the Cyber Security Council as they develop and disseminate innovative technologies that enhance the digital and ......read more

ISO Annual Meeting 2022 In Abu Dhabi Ends With Call To Harmonize Standards To Drive Positive, Sustainable Global Change…

Ministry of Industry and Advanced Technology calls on standardization bodies to build on outcomes and takeaways of the ISO Annual Meeting 2022 Egypt, Brazil, Costa Rica and Italy join ISO Council, Dr. Sung Hwan Cho announced as President-elect More than 5,300 delegates took part in over 30 thematic sessions and workshops exploring how standards can support trade, economic growth, and climate action Abu Dhabi, UAE: 24 September 2022 – The International Organization for Standardization (ISO) Annual Meeting 2022, hosted by the Ministry of Industry and Advanced Technology (MoIAT), concluded in Abu Dhabi. More than 5,300 delegates participated, physically and virtually, in thematic sessions exploring how international standards can be improved and leveraged to support climate action, trade growth and sustainable economic ......read more

Emirates Steel Arkan, ITOCHU and JFE Steel in Talks to Create Green Iron Supply Chain…

Abu Dhabi, UAE, 26 September 2022:  Emirates Steel Arkan (ADX: EMSTEEL), the UAE’s biggest publicly traded steel and building materials company, has partnered with ITOCHU Corporation (TYO: 8001) and JFE Steel Corporation, a subsidiary of JFE Holdings (TYO: 5411), to consider the construction of a ferrous raw material production facility in Abu Dhabi that would become an integral part of a global low carbon emission iron supply chain.   ESA and the two Japanese companies will work together to carry out feasibility studies on the creation of a ferrous raw material steel hub at a project site in Abu Dhabi to meet the growing demand for green steel. As part of the initial plan, high grade iron ore will be imported into Abu Dhabi for the production of the ferrous raw material, which is currently expected to begin in ......read more

Start-Up of Unit 3 of Barakah Nuclear Energy Plant Accelerates Achievement of UAE Net Zero 2050…

  Unit 3 start-up reflects safe and steady progress at Barakah, with Units 1 and 2 already commercially operational Unit 3 will be connected to the UAE grid in the coming weeks, as part of the pathway to commercial operations.  ENEC adds third unit to the grid, highlighting mega-project management expertise  UAE’s nuclear energy sector accelerating decarbonization of the UAE grid, spearheading delivery of Net Zero by 2050 target  Abu Dhabi, UAE – 22 September 2022: The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started up Unit 3 of the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of the Emirate of Abu Dhabi in the UAE.  The milestone shows the significant ......read more

ADIPEC 2022 Will Be the Leading Global Forum for Pragmatic and Progressive Energy Transition…

ADIPEC 2022 strategic conference programme launched as global economies and energy systems balance energy accessibility, affordability and sustainability   Taking place the week before the UN COP27 Climate Conference in Egypt, ADIPEC 2022 will continue to help industry tackle the dual challenge of responding to the growing energy needs of today with fewer emissions, and investing in the systems of tomorrow    Hosted in Abu Dhabi, ADIPEC is at the heart of the global industry and a region that has the flexibility and growth investment to help respond to the immediate energy security challenges   ABU DHABI, 12 September 2022 – ADIPEC, the world's largest energy industry conference and exhibition, has announced its 2022 conference agenda, reinforcing its position as the leading global forum ......read more

Abu Dhabi Department of Energy's Low-Carbon Hydrogen Policy and Regulatory Framework to Accelerate UAE's National Hydrogen Strategy…

• Draws upon resources and capabilities of government and private sector partners to push for global leadership in clean hydrogen technologies   Abu Dhabi, UAE - August 22, 2022:   Abu Dhabi Department of Energy (DoE) today announced that the development of its hydrogen policy and regulatory framework aims to accelerate the UAE’s national hydrogen strategy and help the nation attain global leadership in low-carbon and clean hydrogen. For the design of this regulatory framework, the DoE is working with key Abu Dhabi government and private sector stakeholders including ADNOC, Mubadala, Masdar, ADQ, TAQA, Emirates Water and Electricity Company, Abu Dhabi Ports, Ministry of Infrastructure and Energy, Department of Economic Development, Department of Municipalities and Transport, Department of Finance and ......read more

Tadweer Signs Consultancy Agreement for a Feasibility Study for Project on Converting Greenhouse Gases into Energy…

 The greenhouse gases are extracted from Al Dhafra landfill    Abu Dhabi, UAE - 17 August: Abu Dhabi Waste Management Center (Tadweer) signed a consultancy agreement with KEO International Consultants to conduct a feasibility study for developing a project on extracting greenhouse gases from Al Dhafra landfill and converting them into environmentally-friendly energy. This aligns with the Center’s plan to achieve an efficient waste management system and use the best methods for processing and handling waste.   Under the agreement, KEO International Consultants will provide consulting services and a feasibility study that covers the technical, financial, and environmental aspects for the development and operation of the project to extract and convert gas into environmentally-friendly energy sources. ......read more

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Abu Dhabi Department of Energy Explores Opportunities for Collaboration with Colombia's Ministry of ...…

Abu Dhabi, UAE - July 7, 2022 – The Abu Dhabi Department of Energy (DoE) has signed a five-year memorandum of understanding (MoU) with the Ministry of Mines and Energy of Colombia at an event held at the DoE’s headquarters in the UAE capital.  The agreement aims to explore opportunities for collaboration on capability development and sharing of knowledge and information, ......read more

Alpha Dhabi “W Solar” to Invest in Libya Renewable Energy…

• By 2030, Libya aims for 22% of electricity generation to come from renewable energy.   Abu Dhabi, UAE: 27th June 2022: W Solar Investment the leading investment company in the renewables energy industry, and a subsidiary of Alpha Dhabi Holding, has today signed a memorandum of understanding with the General Electricity Company of Libya (GECOL) to develop a strategic long-term ......read more

Al Seer Marine Acquires VLCC's Valued at AED 404m for Growing Global Crude Oil Market…

• Acquisition on target with Al Seer Marine’s strategic expansion plans to become major global player, acquiring up to 15 ships in 2022 • New vessels have a combined carrying capacity of 640,000 DWT • Tankers expected to provide IRR of greater than 20%   Abu Dhabi, UAE; 20 June 2022: Al Seer Marine PJSC (ASM), a global player across multiple marine sectors ......read more

World Utilities Congress and Emirates Nuclear Energy Corporation Sign a Strategic Agreement…

 ENEC to highlight positive impact of clean baseload electricity at the World Utilities Congress’ Nuclear Energy Forum   Abu Dhabi, United Arab Emirates – 21 April 2022: The Emirates Nuclear Energy Corporation (ENEC) has signed a strategic agreement with the World Utilities Congress. ENEC will play a central role in supporting the Nuclear Energy Leadership Forum, a key ......read more

Empower District Cooling Network Grows 33.2% in 4 Years and exceeded more than 369 kms.…

Equaling 446 times the Burj Khalifa in length   Dubai, UAE - 11, April 2022: Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, revealed that the total length of its district cooling pipeline network across Dubai has exceeded more than 369 kms by the end of 2021, with a remarkable growth of more than 33.2% during the ......read more

Hitachi Energy launches OceaniQ™ – Innovative Solutions for the Offshore Environment…

The company’s recently launched transformers for floating applications are the first entry into the OceaniQ™ portfolio of solutions that address the unique challenges of the offshore environment Dubai, UAE - 6th April 2022: Hitachi Energy launched its OceaniQ™ portfolio1 for the offshore energy environment, which will be showcased this week at the annual WindEurope event in ......read more

SolarWinds Shares Golden Tips on How to Back Up Your Data on World Backup Day…

By: Sascha Giese, Head Geek™ at SolarWinds In 2021, the number of ransomware attacks doubled compared to 2019. Data is the latest industry driver and is becoming a recurring target of ransomware attacks. Protecting mission-critical data is a top priority. But what if the digital firewall fails or you get hit by a worst-case scenario attack? Then only a backup can ......read more

Relying on Renewables a “Big Mistake” for Future Energy Security, Chief Executive of Italian ...…

• Oil and gas companies must be included in discussions around achieving the clean energy transition, energy chiefs, experts tell Global Energy Forum at WGS2022 • ‘Energy planning must involve long-term, strategic thinking and policies” Majid Jafar, CEO of Crescent Petroleum   Dubai - 29, March 2022: The global energy transition and future security of the ......read more

ADNOC Distribution Shareholders Approve H2 2021 Dividend at Annual General Assembly Meeting…

H2 2021 Dividend of AED 1.285 billion (10.285 fils per share), bringing 2021 total dividend to AED 2.57 billion (20.57 fils per share) Company reaffirms its commitment to maintaining its growth momentum, with plan to deliver 60-80 new stations in 2022, including 20-30 in the UAE and 40-50 in international markets Positive growth outlook and earnings momentum in both fuel and non-fuel ......read more

Empower Builds AED 193 Million District Cooling Plant in the Dubai Land Residence Complex…

Dubai, UAE, 23 March 2022: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced that it has awarded a contract worth AED 193 million to build a new generation district cooling plant, with the aim of providing the Dubai Land Residence Complex (DLRC) region with company’s environmentally-friendly district cooling ......read more

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