In early October 2021, the gas price set an absolute record – $1,969 per thousand cubic meters. Now it has dropped again – on October 25, fuel on the exchange is traded at $1,115. This does not mean that everything will be fine now – this year, prices are constantly jumping. Due to the shortage […]
Governments increased the amount of their economic recovery spending by 20% directed towards clean energy investments in the past three months, new estimates from IEA’s Sustainable Recovery Tracker show, Business-standard states. Spending on clean energy amounts to 3% of the $16.9 trillion that governments have so far mobilized to bolster their economies from the recession […]
The Abu Dhabi National Oil Company (Adnoc) and Ewec (Emirates Water and Electricity Company) have launched a landmark clean energy partnership, the largest of its kind in the oil and gas industry, which will see up to 100% of Adnoc’s grid power supplied by Ewec’s nuclear and solar clean energy sources, GDN online reports. The […]
As part of its mission to power e-mobility, ABB will be showcasing its all-in-one Electric Vehicle (EV) charger at Expo 2020 Dubai, which can deliver up to 100 km of range in less than three minutes, GDN online reports. Coinciding with the company’s ABB Day celebrations on December 13, the Terra 360 will make its […]
Bahrain remains on pace to bring offshore shale reserves online by 2023, although a final investment decision and outside investor interest is still a work in progress, Zawya states. Bahrain did not move beyond the test drilling phase, oil and gas minister Sheikh Mohammed bin Khalifa al-Khalifa said October 19. He added the project remained […]
Now in its seventh year, AGSIW’s Petro Diplomacy conference is a signature annual event that brings together stakeholders in the energy sector of the Gulf Arab states, global supply competitors in North America, analysts, and policymakers to discuss how changes in technology, fiscal priorities, and growth opportunities continue to alter the relationship between politics and […]
ENOC – the official integrated energy partner of Expo 2020 Dubai – has reiterated its commitment to advancing Dubai’s Clean Energy Strategy 2050, which is evident in the actions taken to protect future generations, WAM reports. ”Our recent partnership to enhance energy savings across our operations and the savings we recorded from innovative energy efficiency […]
Masdar, a subsidiary of Mubadala Investment Company, and Iraq’s Ministry of Electricity and National Investment Commission signed an agreement on October 6 that implements the first phase of solar projects that will boost the country’s goal of generating 20-25% of its energy from renewables, equivalent to 10-12 gigawatts by 2030. The clean energy company will […]
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), reinforced the United Arab Emirates’ commitment to India’s energy security and said the UAE will always remain India’s trusted partner of choice, WAM states. Speaking virtually at the 5th […]
Oil Minister, Shaikh Mohammed bin Khalifa Al Khalifa, participated on October 20 in the seventh edition of the “Petro Diplomacy” conference, held virtually, under the theme “Gulf Countries in a Net-Zero World,” BNA reports. Held annually by the Arab Gulf States Institute in Washington (AGSIW), the Petro Diplomacy conference is a signature event that brings […]
