[ad_1] Abu Dhabi-based renewable energy company Masdar has acquired UK-based battery energy storage system (BESS) developer Arlington Energy, it...
Energy
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Shell takes 9% stake in Qatari liquefied gas project
[ad_1] Shell is investing in Qatar’s latest liquefied natural gas development, months after buying into another of the Gulf nation’s expansion...
Dubai district cooling firm Empower to sell 10% stake in IPO
[ad_1] Dubai plans to sell a 10 per cent stake in Emirates Central Cooling Systems Corp., the city’s fourth privatisation this year as part of a...
ADNOC Drilling sets record for longest well
[ad_1] ADNOC Drilling has announced that it has set a new world record for the longest oil and gas well at its Upper Zakum Concession. Stretching...
Saipem wins $4.5bn installation contract from Qatargas
[ad_1] Saipem has won a $4.5bn engineering and construction contract from Qatargas Operating Co. to support the expansion of natural gas production...
Emerge signs agreement to develop solar plant to power Khazna data centre in Masdar City
[ad_1] Emerge, a joint venture between Masdar and EDF, and Khazna Data Centers have signed an agreement to develop a ground-mounted solar...
OPEC+ says growing risk of global recession justifies oil cuts
[ad_1] OPEC+ defended its oil-production cuts, saying they were justified by the growing risk of a global recession. The group agreed on October 5...
Oil edges higher after weekly loss as slowdown hangs over market
[ad_1] Oil clawed back some losses after a weekly slump as fears over an economic slowdown continue to weigh on the outlook for demand. West Texas...
QatarEnergy signs agreement to fully acquire Siraj Energy
[ad_1] QatarEnergy has signed a share sale and purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s 49 per cent...
