Uae

Oil & Gas Trade

Libya's NOC Blames UAE for Halt to Oil Output, Exports

Libya, with largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.

Gas power plant

TAQA Announces Financial Closing For Largest Independent Gas-Fired Power Plant In UAE

2.4 GW power plant in Fujairah will have the capacity to power the equivalent of 380,000 households.

UAE's Taqa Registers Dh4bn Loss in Q1 2020

Despite the challenging start to the year, TAQA is looking ahead and is well positioned to continue benefiting from stable revenue streams.

Crude Oil

UAE's Adnoc Rolls Over Crude Nomination Cuts in August

Abu Dhabi's state-owned Adnoc will continue to apply 5pc cuts to client nominations for August-loading volumes of the company's four main grades.

Oil Pipeline

UAE: Snam with Consortium Acquires 49% Of ADNOC Gas Pipelines

This is an important investment opportunity in a strategic energy infrastructure, for the consortium, of which Snam is the only industrial operator.

Oil Pipeline

UAE Oil Major Signs A $20 Billion Gas Deal

UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.

Nuclear Power Plant

UAE Crown Prince Inspects Progress at the Country's First Nuclear Power Project

Sheikh Mohamed, who is also deputy supreme commander of the armed forces, praised the commitment of the team at the facility.

Oil&Gas Drilling

UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact

State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon…

Middle East Second Most Popular Region for Renewable Energy Investment

The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashur…

Solar Power Plant

Construction of 700MW Noor Energy 1 CSP project in Dubai, UAE on Track

Construction of the 700MW Noor Energy 1 concentrated solar power (CSP) project in Dubai, United Arab Emirates (UAE) is progressing well despite limitations impo…

Oil Price

Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts

Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…

Crude Oil

UAE Making Even Bigger Cuts To Oil Production Next Month

The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced th…

Nuclear Power Plant

COVID-19 Won't Delay Barakah Nuclear Plant, Says ENEC

ENEC says that the UAE Peaceful Nuclear Energy Program has and will continue to power the future social and economic growth of the nation.

Nuclear Power Plant

ENEC CEO Addresses Barakah Nuclear Plant Goals and Schedule

H.E. Al Hammadi began by highlighting how the UAE Peaceful Nuclear Energy Program has and will continue to power the future social and economic growth of the na…

Wind Farm

Masdar Refinances Stake in London Array Windfarm

Masdar Energy UK, a wholly-owned subsidiary of UAE clean energy group Masdar, has refinanced its stake in the London Array offshore windfarm.