Tag Archives: United Arab Emirates

The COP28 climate summit slated to be held in Abu Dhabi in 2023 should include input from experts and professionals from the oil and gas industry because the world cannot simply unplug from the energy system as it is today, Sultan bin Ahmed Al Jaber, the UAE’s Minister of Industry …

Oil prices on Tuesday climbed to their highest since 2014 as Yemeni popular forces attacked the United Arab Emirates, warning it could target more facilities. International benchmark Brent crude futures advanced 1.19% to $87.51 per barrel, while US West Texas Intermediate futures settled 2.43% higher at $85.43 per barrel. Both …

South Korea will strengthen cooperation with the United Arab Emirates in major technologies related to the hydrogen economy, President Moon Jae-in said Sunday. The president, who is in Dubai for a three-day visit as part of his trip to the Middle East, made the remark at a business forum attended …

A key corporate proxy at the forefront of the Washington’s attempts to counteract the increasing influence of China and Russia across the Middle East is the Abu Dhabi National Oil Co (ADNOC), in line with the U.S.-sponsored ‘relationship normalisation’ deal signed last year between Israel and the UAE. A vital …

The UAE’s clean energy firm Masdar and France’s Engie plan to invest $5 billion to develop 2 GW of renewable and hydrogen projects by 2030 as OPEC’s third biggest producer seeks to implement its net zero emissions pledge by 2050. The agreement between Masdar and Engie was signed during French …

The UAE remains fully committed to the Declaration of Cooperation issued by OPEC+ oil producing countries, according to the Ministry of Energy and Infrastructure. The UAE “reiterates” that any decisions will be taken collectively by the OPEC+ group at the next Ministerial meeting. The comments come amidst major developments in …

The United Arab Emirates said there was no need for OPEC+ to increase oil production any faster, despite pressure from major consumers such as the U.S. and Japan for the group to help ease gasoline prices. “There is no logic to increasing our contribution,” UAE Energy Minister Suhail Al-Mazrouei said …

How many times has the Conference of the Parties – the annual UN climate conference – been held in a major oil and gas exporting country? Only twice, compared with 14 in Europe and four times in Germany. So, the decision to hold 2023’s Cop28 in the UAE is a …

Adipec, the world’s most influential live and in-person meeting place for energy companies and professionals, will discuss in detail how hydrogen can potentially deliver a holistic, clean, integrated approach to region’s energy sector. Taking place immediately after the UN climate meeting COP 26, Adipec will bring together hundreds of ministers, …

Rome wasn’t built in a day, the saying goes. To deal with a security threat as universal and pressing as climate change, all countries need to agree on a vision and a timeline. They need clear objectives to be met within stipulated time periods, often encompassing decades. Then comes the …