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QatarEnergy, Excelerate sign 15-year supply LNG deal

QatarEnergy and Excelerate Energy (Excelerate) signed a long-term LNG sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh. Pursuant to the SPA Excelerate will purchase up to...

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UAE leading the world in deploying renewables: Minister

The UAE is leading the global community in finding and deploying renewable energy solutions said Dr Amna bint Abdullah Al Dahak Al Shamsi Minister of Environment on World Clean Energy Day. Today in the...

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Hybrid energy microgrid ideal for mines: Aggreko

Aggreko has advocated use of hybrid energy microgrid that combines renewable energy like solar and wind with energy storage and generators to create a self-sufficient resilient energy system for mines....

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Aveva opens first Aveva E3D Design Competition for users

Aveva a leader in industrial software driving digital transformation and sustainability has opened entries for its first ever Aveva E3D Design Competition. The contest invites users from across the world...

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Alujain to sell 35pc stake in Saudi petchem unit for $500m

Alujain Corporation a leading Saudi petrochemicals energy mining and metals company said it has signed an agreement with Basell International Holdings a subsidiary of New York-listed LyondellBasell Industries...

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Empower turns major sponsor for global district cooling events

Emirates Central Cooling Systems Corporation (Empower) has signed up as a diamond sponsor for major conferences and expos being hosted by International District Energy Association (IDEA) in 2024 as part...

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More decisive action on energy transition needed: Minister

Bahrain s Minister of Oil and Environment and Special Envoy for Climate Affairs Dr Mohamed bin Mubarak bin Daina has called for greater collaboration and more decisive action on the energy and economic...

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Adnoc expands carbon management portfolio

Adnoc has taken a 10.1 per cent equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects. The strategic...

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Nakilat net profit up 8.3pc in 2023; revenue hits $1.2bn

Qatar Gas Transport Company (Nakilat) and its joint ventures (the group) have recorded solid results for FY 2023 with a consolidated net profit of QR1.5 billion ( 409 million) while its revenue surged...

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Record year for MENA green bonds as issuances increase 155pc

Annual issuances of green social sustainable and sustainability-linked bonds (GSSB) in the Middle East and North Africa (MENA) hit a new record in 2023 of approximately 24 billion according to data from...

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Front End signs exclusive partnership with Crane+

Front End Limited Company a Saudi-owned firm that provides advanced products and solutions to the energy mining industrial maritime and logistics sectors has signed an exclusive deal with Crane at the...

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Adnoc to grow diversified portfolio; invest $23bn

Adnoc Abu Dhabi s state-owned oil company has been directed to grow its diversified portfolio and provide secure reliable and responsible energy to support the delivery of a just orderly and equitable...

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GN Rope Fittings expands manufacturing capacity by 40%

GN Rope Fittings a leading manufacturer of ROV mooring heavy lifting and rigging connections to the global oil and gas and offshore wind industries is increasing its manufacturing capacity by almost 40%....

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Trina Solar picked ESG champion by Bloomberg Green

Trina Solar has been recognised for its exceptional performance in promoting sustainable development winning the Bloomberg Green ESG-Enterprises award as part of the Bloomberg Green ESG 50 list. Drawing...

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Adnoc Drilling, Alpha Dhabi JV completes first investment

Adnoc Drilling and Alpha Dhabi Holding has announced the incorporation of its strategic investment joint venture (JV) at Abu Dhabi Global Market. The JV will pursue global investments in energy technology...

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DEWA's energy storage tech enhances Dubai's energy security

Dubai Electricity and Water Authority (DEWA) is one of the leading organisations in adopting the latest and best technologies for storing clean energy and several of its energy storage projects are among...

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