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Sunday, May 28, 2023

Saudi Arabia and the UAE have agreed to cut oil production...

Saudi Arabia and UAE energy ministries have both agreed voluntary cuts to oil production until the end of the year. From May until the start...

UAE, Republic of Korea boosting cooperation in energy and climate action...

 Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, met with Dukgeun Ahn, the Minister for Trade of the Republic of Korea, to...

UAE recommends over 600% rise in solar power generation by 2030

Emirates Water and Electricity Co. (EWEC), based in Abu Dhabi, has recommended a 606% increase in its solar power generation capacity by 2030 to...

Oil prices down after report on UAE debating OPEC exit

Oil prices slumped on Friday after the Wall Street Journal reported that the United Arab Emirates had an internal debate about leaving OPEC and...

UAE fuel prices for March

The UAE fuel price committee on February 28 announced petrol and diesel prices for the month of March 2023. Starting March 1, Super 98 petrol...

UAE nuclear plant’s Unit 3 launches commercial operations

Emirates Nuclear Energy Corporation (Enec) has announced that its operating and maintenance subsidiary Nawah Energy Company (Nawah), has commenced commercial operations of Unit 3...

UAE gas IPO’s $50 bln valuation looks like a floor

The United Arab Emirates’ bumper gas listing inevitably invites comparisons with Saudi Aramco. Abu Dhabi National Oil Company (ADNOC) is selling a 4% stake in its...

Why Is Blockchain So Appealing In The Oil Industry?

The oil industry is famously slow-to-change and, unsurprisingly, has only recently begun exploring blockchain adoption, but now we’re quickly approaching the tipping point. A...

UAE, France, India to cooperate on energy, climate

The United Arab Emirates (UAE), France and India established a tripartite cooperation initiative in several areas including energy and climate change. The three countries have...

UAE: Petrol, Diesel Prices for February 2023

The UAE fuel price committee on January 31 announced petrol and diesel prices for the month of February 2023. Starting February 1, Super 98 petrol...