AbuDhabiPR.com, Online Press Release from Abu Dhabi and Al Ain
Featured in Energy, Oil & Gas
Unlocking the Middle East's Renewable Potential: The Role of Energy Storage…

By Natalya Makarochkina, Senior Vice President, Secure Power Division at Schneider Electric In achieving the energy mix to meet sustainability goals, energy storage in various forms, will play an increasingly important role. The disruption of recent times has once again put a focus on the ability of businesses to adapt to change and be resilient. This is being applied to all business aspects, including supply chains. However, the same principles are drilling further down and into the fundamentals, namely power. As the effects of climate change are being increasingly felt, and emission reduction deadlines approach, to a backdrop of outages and constrained power supply, power resilience and energy storage have been shown to be vital in ensuring that renewable energy sources (RES) can be integrated into national grids and made ......read more

EGA hosts world leading alumina experts for global technical forum in Dubai…

Abu Dhabi, United Arab Emirates: 1 May 2024: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has hosted the world's leading alumina experts for a global technical forum in Dubai, the first time the event has been held outside major alumina producer Australia. The Alumina Quality Workshop conference and exhibition has run every three years since 1988, and brings together hundreds of the world's leading engineers, technologists and academics to advance the technical development of the alumina industry. The event in Dubai focused particularly on decarbonisation and wider sustainability, with participants from as far afield as Australia, Vietnam and the United States. EGA made alumina refining a new industrial activity in the UAE in 2019, with the ......read more

Hitachi Energy and SP Energy Networks to boost renewable energy flow…

Innovative combination of two technologies strengthens grid stability and enhances the flow of renewable energy across the UK. Up to 280-megawatts of additional renewable energy to be added to the electricity grid, with the potential to power over 360,000 homes Dubai, April 22, 2024 – Hitachi Energy has won an order from SP Energy Networks to design and deliver a first-of-its-kind power quality solution to balance the grid and boost the flow of renewable energy across the UK. The solution will enable SP Energy Networks, the electricity network operator for Central & Southern Scotland and Merseyside, Cheshire, North & Mid-Wales and North Shropshire, to add more renewables into the grid and facilitate the phase-out of fossil fuels. The project, located at SP Energy Networks’ substation at Eccles, consists ......read more

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

TAQA and JERA to develop Industrial Steam and Electricity Cogeneration Plant for Saudi Aramco Total Refining and Petrochemical Company…

Expected to be operational in 2027, this cogeneration plant will supply up to 475MW of power generation and circa 452 tons per hour of steam from advanced combined cycle gas fired technology 28 March, 2024, Abu Dhabi, UAE: Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in Europe, the Middle East and Africa together with JERA Co., Inc (“JERA”), Japan’s largest power generation company, today announced that they have entered into a Power and Steam Purchase Agreement with Saudi Aramco Total Refining and Petrochemical Company (“SATORP”), a joint venture company owned by Saudi Arabian Oil Company (“Saudi Aramco”) and TotalEnergies, to develop a greenfield industrial steam and electricity cogeneration plant that will produce ......read more

Record Growth in Renewables, but Progress Needs to be Equitable…

Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions Abu Dhabi, United Arab Emirates, 27 March 2024 – Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3 870 Gigawatts (GW) globally. Renewables accounted for 86% of capacity additions; however, this growth is unevenly distributed across the world, indicating a trend far from the tripling renewable power target by 2030. The 473 GW of renewables expansion was led once again by Asia with a 69% share (326 GW). This growth was driven by China, whose capacity increased by 63%, reaching 297.6 GW. This reflects a glaring gap with ......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

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

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

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

Abu Dhabi "Gas Safety Committee" Organizes the Third Forum for Owners and Investors…

Abu Dhabi, 17 January 2024: Abu Dhabi Gas Safety Committee organized the third forum for owners and investors, held in Al Fares Al Shahem Hall in Al Mushrif, Abu Dhabi. The forum aimed to enhance cooperation and joint efforts between the Gas Safety Committee and the owners of properties, establishments, and buildings to improve the security and safety standards of liquefied petroleum gas systems to ensure the protection of lives and properties. Dr. Saif Saeed Al Qubaisi, Chairman of the Gas Safety Committee and Acting Director-General for the Regulatory Affairs Sector at the Department of Energy emphasized that the committee has begun reviewing standards and safety of gas supplies, installations, and uses throughout the Emirate to prevent gas accidents. He added that expertise houses have been tasked to inspect gas systems in ......read more

Abu Dhabi Gas Safety Committee and Abu Dhabi Department of Economic Development Issue Circulars to Enhance Safe LPG Distribution…

• Gas Safety Committee implements stringent regulations for economic establishments. • Key circular stipulates Certificate of Conformity for Central Gas filling in Abu Dhabi buildings. • Abu Dhabi urges adherence to safety measures or face penalties; from a first-time fine of AED 3,000 to the closure of the outlet.   Abu Dhabi, 9 January 2024: The Gas Safety Committee, comprising 12 government entities under the Department of Energy, in cooperation with the Abu Dhabi Department of Economic Development (ADDED) has issued a series of circulars to enhance the ongoing safety of LPG use throughout Abu Dhabi.   These stipulate that all economic establishments in Abu Dhabi are required to adhere to new directives, prohibiting several actions to avoid fines or risking closure. The circulars aim 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

TAQA, Vision Invest and GIC Consortium Wins Juranah Independent Strategic Water Reservoir Project in Makkah…

The project is the first of its kind in the Kingdom of Saudi Arabia, reflecting active private sector involvement in essential water infrastructure development Abu Dhabi, UAE – 2 January 2024: Abu Dhabi National Energy Company PSJC (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa, is delighted to announce its participation in the winning consortium for the Juranah Independent Strategic Water Reservoir Project (ISWR-1) in the Makkah region, Saudi Arabia. The consortium, which also includes Vision International Investment Company (Vision Invest) and Gulf Investment Corporation (GIC), has signed the relevant project agreements with the procurer Saudi Water Partnership Company (SWPC). The Juranah ISWR-1 Project is the first of its kind in the Kingdom of Saudi Arabia under a BOOT ......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

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

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

SCAD Launches Field Survey to Support Gas Safety in Abu Dhabi…

Abu Dhabi, United Arab Emirates – 22 November 2023: The Statistics Centre - Abu Dhabi (SCAD) has initiated a field survey in collaboration with the Gas Safety Committee led by the Department of Energy - Abu Dhabi to comprehensively understand the patterns and usage of gas in residential units and buildings across Abu Dhabi, Al Ain, and Al Dhafra regions. The purpose of this survey is to support the efforts of the Gas Safety Committee in ensuring the safe and secure utilisation of gas, whether through gas cylinders or central sources and to enhance the application of the relevant safety regulations. His Excellency Abdulla Gharib Alqemzi, Acting Director General of the Statistics Centre - Abu Dhabi, said that: “SCAD is keen to support the efforts made by the Abu Dhabi government, represented by the Gas Safety ......read more

ADNOC and ADEK Partner with Iit-Delhi Abu Dhabi to Empower Uae Talent with Master'S Program in Energy Transition and Sustainability…

• ADNOC, ADEK, and IIT-Delhi Abu Dhabi partnership will offer 15 scholarship places for the Institute’s inaugural Master’s program commencing in January 2024 in its Abu Dhabi campus • Future partnership plans at IIT Delhi’s Abu Dhabi campus will cover more academic offerings to upskill graduates across different academic disciplines   Abu Dhabi, United Arab Emirates, 18th November 2023: ADNOC, The Abu Dhabi Department of Education and Knowledge (ADEK), and the Indian Institute of Technology Delhi - Abu Dhabi (IIT-Delhi Abu Dhabi) have announced a partnership to provide scholarships for the newly launched Master’s program in Energy Transition and Sustainability for the upcoming campus in Abu Dhabi to equip UAE talent with the skills required to build successful careers during the energy ......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

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

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

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Abu Dhabi Department of Energy Organises Workshop to Update the Abu Dhabi Demand Side Management ...…

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 ......read more

Abu Dhabi Department of Energy Announces Implementation of Demand Side Management Regulations from ...…

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 ......read more

Abu Dhabi Department of Energy to Showcase Major Projects and Initiatives at World Utilities ...…

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 ......read more

ENEC Signs Memorandums of Understanding with key Chinese Nuclear Energy Organizations during ...…

 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 ......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 ......read more

Adnoc Distribution Reinforces Commitment to Growth in 2023 and Approves Amendment to Dividend ...…

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 ......read more

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

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% ......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 ......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 ......read more

Abu Dhabi Department of Energy Signs MoU with NYU Abu Dhabi at Abu Dhabi Sustainability Week 2023 ...…

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 ......read more

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