Tag Archives: United Arab Emirates

United Arab Emirates’ energy minister Suhail Al Mazrouei said on Saturday that an OPEC+ decision to cut oil supply will have a major impact on rebalancing the oil market amid the coronavirus outbreak. “The group’s decision to cut supply will be the largest ever cut in the history which will …

The United Arab Emirates (UAE) is building the world’s largest concentrated solar power plant, capable of generating 700 megawatts. During daylight, solar power will provide cheap electricity, and at night the UAE will use stored solar heat to generate electricity. But at the same time, four nuclear reactors are nearing …

The UAE Minister of Energy and Industry, Suhail bin Mohammed Al Mazrouei, expressed his disappointment after the collapse of the OPEC+ oil cuts agreement, which expires at the end of March. In a series of tweets, Al Mazrouei said that the UAE has ample production capacity that will be quickly …

The UAE Minister of Energy and Industry Suhail Bin Mohammed Al Mazrouei has said that a new agreement between OPEC members is essential to support a balanced and less volatile market. Al Mazrouei said, via a series of tweets, “OPEC and OPEC+ played an important role in delivering market stability. …

The UAE wants to achieve gas self-sufficiency and possibly become a net gas exporter.

Dubai and Abu Dhabi made what could be the world’s largest natural gas discovery since 2005 as the two biggest sheikhdoms in the United Arab Emirates.

A crude oil tanker in the Persian Gulf caught fire Wednesday night. prompting a warning from British naval officials to exercise extreme caution.

The nation’s Federal Electricity and Water Authority has invited expressions of interest for the development of the photovoltaic clean power plant in Umm Al Quwain.

The United Arab Emirates will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up.

Once operational. the plant will lift Abu Dhabi’s solar power capacity to around 3.2 GW.