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Hydrogen Project
Hydrogen to Deliver More Than $8.7BN Annually to the UAE Economy – Report
Opportunities are driving multibillion-dollar investments individually and jointly, through bilateral agreements such as the strategic partnership between bp, A…
Hydrogen Project
UAE and UK Can ‘Collaborate to Become Leaders in Hydrogen Market’
By 2050, hydrogen is estimated to deliver more than $8.7bn annually to UAE economy
Hydrogen Project
Germany Receives First Container of UAE Hydrogen-Based Ammonia Fuel
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and German Vice Chancellor Robert Habeck attend ceremony in Hamburg
OPEC
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…
OPEC
Iraq Reiterates Support for OPEC+, Saudi Arabia
Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.
Crude Oil
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Crude Oil
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…
Crude Oil
ADNOC Drilling Contract as UAE Steps up Oil & Gas Production
ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.
OPEC
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni…
Crude Oil
The UAE Isn’t Ditching Oil for Renewables Just Yet
The UAE isn’t likely to curb its oil production in favor of renewables any time soon.
Natural Gas
If the World Needs Gas, We’ll Provide, UAE Says
The country is still looking to boost renewables but will supply fossil fuels when asked.
Thermal Plant
Doosan Enerbility EPC Contract for KSA Cogeneration Plant
Doosan Enerbility & Korea Electric Power Corporation sign contract for construction of a power plant which will supply electricity for Jafurah Gas Field.
Carbon Emissions
Emirates Steel Arkan Teams up With Japanese Companies to Produce Low-Carbon Steel
Partners plan to build a ferrous raw material production facility in Abu Dhabi to meet growing demand for green steel
Net Zero Emission
Saudi Arabia Launches Five Renewable Energy Projects
The new wind and solar farms will have a total capacity of 3,300 megawatts
LNG
UAE Signs Energy Agreement With Germany’s Scholz
The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…
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