The UAE on Thursday announced a new Net Zero 2050 Strategic Initiative to reduce carbon emissions. Sheikh Mohammed bin Rashid Al Maktoum,...
Energy
Latest Posts
Abu Dhabi’s Masdar signs agreement to develop solar projects in Iraq
Abu Dhabi’s renewable energy company Masdar announced on Thursday that it has signed a strategic agreement with the Republic of Iraq to...
Oil holds drop from seven-year high as energy crunch fears ease
Oil held losses in Asian trading after US crude stockpiles grew more than expected and Russia offered to ease a natural gas crisis. Futures...
Powering the future
Digitalisation has become an integral part of every industry – with the pace of adoption having increased substantially during the Covid-19...
Fuel prices spike across Asia as global energy crunch takes hold
Asian buyers are paying top dollar for a variety of fuels that can be fed into steam boilers or power turbines as they seek alternatives to...
ADNOC Drilling lists IPO on Abu Dhabi Securities Exchange
Abu Dhabi National Oil Company (ADNOC) has listed ADNOC Drilling Company on the Abu Dhabi Securities Exchange (ADX) today. This initial...
Abu Dhabi’s ADNOC Distribution approves $350m interim cash dividend for H1 2021
Abu Dhabi’s fuel and convenience retailer ADNOC Distribution announced that its board of directors has approved an interim dividend payment...
Saudis triumph in oil market with comeback from Covid crisis
When the OPEC+ alliance of oil producers gathers next week, group leader Saudi Arabia can savour a moment of triumph. Eighteen months after...