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Arab
Offshore Wind Power
Masdar, KEPCO to Explore Offshore Wind Project Opportunities
United Arab Emirates-based energy firm Masdar and KEPCO signed a memorandum of understanding to explore development opportunities in the offshore wind energy se…
Oil & Gas Supply
South Korea Asks UAE for Stable Oil, Gas Supply
They are gearing up for energy and tech cooperation.
Electric Vehicle Charging
UAE Picks Siemens Tech To Power EV Charging Corridor
The UAE’s Ministry of Energy and Infrastructure has selected Siemens technology for a nationwide network of ultra-fast electric vehicle (EV) chargers which wil…
Oil Price
Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Crude Oil
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Hydrogen Production
UAE’s Masdar to Develop 4 GW of Renewable and Green Hydrogen Projects in Azerbaijan
The UAE's Masdar said June 5 that it has signed two agreements to develop 4 GW of renewables projects in Azerbaijan.
Crude Oil
France in Talks With UAE To Replace Russian Oil Supplies
France is in talks with the United Arab Emirates to replace Russian oil purchases.
Hydrogen Production
South Korean Companies To Build $1 Billion Green Hydrogen Plant in UAE
Three South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates.
Electric Car
Half of All UAE Residents Consider Switching to Electric Vehicles, Survey Finds
Twenty-five per cent are waiting for more EV options to be launched to make a purchase, according to Audi Abu Dhabi
Energy Transition
UAE Collaborating With India to Boost Energy Transition and Industrialisation Efforts
The two countries agreed to fast-track various initiatives during a visit to India by Dr Sultan Al Jaber
Net Zero Emission
UAE Records Largest Increase in Renewable Energy Capacity Globally in the Past Decade
Capacity in the Emirates surged to 2,540 megawatts in 2020 from 13MW in 2011
Gas Turbine
GE Plans Gas Turbine Upgrade at Al Taweelah Power Plant in the UAE
UAE-based aluminium producer Emirates Global Aluminium (EGA) has signed an agreement with GE Gas Power to upgrade four existing gas turbines at EGA’s Al Taweel…
Electric Car
Global Electric Car Sales Surge in 2022 on Strong Government Policies, IEA Says
China, Europe and the US drive most of the growth in the first quarter, IEA says.
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
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