Tag Archives: United Arab Emirates

Saudi Arabia is synonymous with oil, the EU is obsessed with renewable energy, and the U.S. is the world’s leading natural gas producer, but there are few countries pursuing all three of these energy sources with as much vigor as the UAE. While much of the West, encouraged by the …

A UAE climate negotiation team, presided over by the Ministry of Climate Change and Environment, is participating in the virtual meetings of the parties to the United Nations Framework Convention on Climate Change (UNFCCC), launched on May 31 and continues until June 17. The meetings aim to pave the way …

The UAE’s Khalifa Industrial Zone Abu Dhabi or KIZAD has announced plans to build a $1 billion green ammonia facility in the free zone targeting regional and international markets as OPEC’s third-largest oil producer boosts investments in clean energy. Helios Industry, a privately-owned special project vehicle company or SPV, will …

UAE oil storage company BPGIC is in advanced talks to buy a green energy firm as it aims to diversify its business and contribute to the global push to fight climate change, an industry source close to the discussions told Reuters. Brooge Petroleum and Gas Investment Co (BPGIC) is in …

The Ministry of Energy and Infrastructure and the Japanese Ministry of Economy, Trade, and Industry signed a virtual cooperation agreement to explore the opportunities in the field of hydrogen development. The agreement will expand the joint areas of collaboration and enhance investment in the hydrogen sector, supporting the ambition to …

Three key developments were announced last week by the UAE in line with its role as a principal member of the U.S.’s new Middle East strategy to counter China’s dramatically increasing influence over the region: plans for a major economic expansion; plans to attract more oil trade into new contracts; …

Qatar Petroleum on March 3 loaded about 712,000 barrels of condensate destined for the Emirates National Oil Co. in the UAE, the first commercial energy trade since the end of the Gulf blockade in early January, according to data analytics firm Kpler. Qatar Petroleum shipped the condensate from Ras Laffan …

South Korea signed an agreement with the United Arab Emirates on Thursday to cooperate on the hydrogen economy, further expanding their partnership currently focused on nuclear energy, oil and gas. During the Korea-UAE Industry and Energy Cooperation Forum held online, South Korean Minister of Trade, Industry and Energy Sung Yun-mo …

The U.S. will always play an important role in global energy markets, even though President-elect Joe Biden is likely to be less vocal than President Donald Trump about oil, the UAE’s energy minister told CNBC ahead of Inauguration Day. “The United States of America is a major player now … …

The United Arab Emirates can become one of the world’s biggest and lowest-cost producers of blue hydrogen, Abu Dhabi National Oil Co. Chief Executive Officer Sultan Al Jaber said. The OPEC country aims to cut its emissions by 24% by 2030 compared with 2016, Al Jaber said Tuesday at the …