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Oil & Gas Trade
ADNOC Gas Reports $6 Billion Revenue in Q1 2024 With Significant Natural Gas Project Milestones
According to a financial report, ADNOC Gas delivered robust Q1 2024 results, with revenues increasing by 15% year-on-year to $6 billion, underpinned by a strong…
Nuclear Power Plant (NPP)
Exclusive: UAE Planning Second Nuclear Power Plant, Sources Say
A person rides a scooter with the skyline visible in the background, in Abu Dhabi, United Arab Emirates, September 27, 2023. REUTERS/Amr Alfiky/File Photo Purch…
Renewable Energy
UAE's Masdar Explores China Entry to Boost Clean Energy Capacity
Abu Dhabi clean energy company Masdar is planning a possible entry into China, the world’s largest renewable energy market, as the company looks to reach …
Photovoltaic (PV)
Hidroelectrica and UAE's Masdar Sign Agreement to Expand Collaboration Regarding Solar and Photovoltaic Projects
A delegation of Hidroelectrica, led by Karoly Borbely, president of the company’s directorate, is participating in the working visit to the United Arab Em…
Geothermal Power Project
St Kitts & Nevis seeks funding for geothermal project from UAE group
St Kitts and Nevis Prime Minister Dr Terrance Drew speaking at COP28 in Dubai (source: The Government of St Kitts and Nevis)St Kitts and Nevis Prime Minister Dr…
Photovoltaic (PV)
EWEC Issues Request for Proposals for 1,500 MW Khazna Solar Photovoltaic Independent Power Project
EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing and supply of water and electricity across the UAE, has …
Coal-Fired Power Plants
UAE to Maintain Thermal Power Dominance in Generation Mix
Thermal power installed capacity will reach 46.1 GW by 2035.Thermal power will continue to be the dominant power generation source in the United Arab Emirates f…
Oil & Gas Trade
Exclusive: UAE's Adnoc Recently Eyed BP as Takeover Target, Sources Say
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File photo Purchase Licensing Rights33.2%.The…
Crude Oil
Adnoc Begins Crude Production in Offshore Asset
Abu Dhabi National Oil Company (Adnoc) has started crude oil production from its Belbazem offshore block, approximately 74.6 miles (120 kilometers) northwest of…
Offshore Wind Power
RWE and Masdar Join Forces to Develop 3 Gigawatts of Offshore Wind Projects off the UK Coast
RWE and Masdar, the UAE’s clean energy powerhouse, have successfully closed their transaction announced at COP28 in Dubai last December, with Masdar now h…
Oil & Gas Trade
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), ope…
Renewable Energy
The Invest in African Energy (IAE) Forum to Connect African Energy Projects With Saudi, United Arab Emirates (UAE) Buyers
Over the past twelve months, the Middle East’s oil and gas heavyweights – Saudi Arabia, the United Arab Emirates (UAE) and Qatar – have accele…
Hydrogen Project
POSCO and ADNOC forge clean hydrogen ties
South Korean POSCO Holdings, its subsidiary POSCO International and UAE’s Abu Dhabi National Oil Company (ADNOC) have signed a strategic cooperation agree…
Solar Power Plant
Larsen and Toubro Secures EPC Contract for Solar Plant in Dubai
Larsen & Toubro Ltd’s Power Transmission & Distribution business has secured an engineering, procurement, and construction (EPC) contract for a 1800MW ac …
Oil & Gas Trade
Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Lic…
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