Tag Archives: United Arab Emirates

The national oil producer of the United Arab Emirates and Australia’s energy group Santos have teamed up to jointly explore the development of a global carbon management platform to help customers in the Asia Pacific region cut emissions. Abu Dhabi National Oil Company, which pumps nearly all the oil in …

Global energy companies operating in the UAE are optimistic that a consensus can be reached around the Cop28 pledge of tripling renewable energy capacity and doubling energy efficiency by 2030. The US, EU and UAE are rallying other governments to join a global deal on renewables at the UN climate …

Al Seer Marine and Abu Dhabi Maritime, both based in the United Arab Emirates (UAE), have unveiled the world’s first 3D-printed water taxi. On November 6, the companies also secured a Guinness World Records title for the largest 3D-printed boat. “Crafted from 67% recycled materials, this 11.98-meter-long marvel not only …

The United States, the European Union, and the United Arab Emirates are looking to drum up new recruits in the form of other governments to sign onto a global deal that seeks to triple renewable energy investment, according to new documents seen by Reuters. The COP28 climate summit hosts are …

Iraq launched three energy contracts with UAE’s Crescent Petroleum to develop three oil and gas fields in Iraq, Iraq’s oil ministry said on Sunday. Earlier this year, Crescent Petroleum signed three 20-year contracts to expand oil and natural gas fields in Iraq’s Basra and Diyala. The contracts are set to …

UAE-based energy company Masdar has launched four wind farms with a total capacity of 103.5MW, as part of the UAE wind programme. The project sites are Sir Bani Yas Island in Abu Dhabi with 45MW of wind capacity and a 14MW solar farm, two 27MW wind farms on Delma Island …

Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month. The COP28 summit is scheduled to take place in Dubai …

Exactly a month after Prime Minister Narendra Modi and President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, signed a Memorandum of Understanding on trade in national currencies, the Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL) made their first-ever crude oil transaction in national …

Last month, the UAE declared it will not join Saudi Arabia in making voluntary oil production cuts, claiming that the cuts by the Saudis are enough to balance the markets. This is hardly surprising considering that the UAE has long argued that it should be allowed to pump more than …

The United Arab Emirates and Iraq have started regaining their share in India’s oil import basket as the world’s largest oil exporters Saudi Arabia and Russia plan to keep their production low to boost the prices. Russia, however, continues to hold 42% of the share. While the UAE increased its …