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Dragon Oil in energy co-operation deal with Iraq’s Al Amal Group

Dragon Oil a wholly-owned subsidiary of Emirates National Oil Company (Enoc) which is fully owned by the Government of Dubai - signed a MoU with Sohol Al Salam Oil Services Company (SAS Oil) a member of...

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Borouge join forces with Yokogawa on autonomous AI control room

Abu Dhabi-based petrochemicals company Borouge has announced that it has collaborated with Yokogawa a leading provider of advanced automation technologies and solutions to conduct a proof-of-concept for...

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Adnoc seals 15-year LNG sales agreement with Indian Oil

Abu Dhabi National Oil Company (Adnoc) has announced that it has signed a 15-year sales and purchase agreement with Indian Oil Corporation (IndianOil) India s largest integrated and diversified energy...

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TAQA wins $2.31bn term loan to boost liquidity, advance growth

Abu Dhabi National Energy Company (TAQA) one of the largest listed integrated utilities in Europe the Middle East and Africa has secured an AED8.5 billion ( 2.31 billion) corporate term loan facility....

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Masdar achieves record portfolio growth in 2024

Abu Dhabi Future Energy Company (Masdar) delivered record portfolio capacity growth last year increasing its global footprint through major acquisitions in Europe and the United States. Masdar s 12th Annual...

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Bapco Energies inks concession deal with US oil group EOG Resources

His Majesty s representative for humanitarian work and youth affairs and Bapco Energies chairman Shaikh Nasser bin Hamad Al Khalifa witnessed the signing of a strategic energy concession agreement between...

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DEWA starts trial electricity export from Hatta hydroelectric plant to Dubai

Dubai Electricity and Water Authority (DEWA) has announced the beginning of trial operation and electricity export from the pumped-storage hydroelectric power plant in Hatta to Dubai. This announcement...

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Stonepeak launches Middle East renewables platform WahajPeak

Stonepeak a leading alternative investment firm specialising in infrastructure and real assets has launched WahajPeak Stonepeak s inaugural renewable energy platform in the Middle East dedicated to securing...

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UAE firm joins solar venture in Egypt with $220m investment

UAE-based Global South Utilities (GSU) has joined forces with Egypt s AH Industrial Management China s JA Solar and Bahrain s Infinity Capital to develop an integrated solar industrial complex in a deal...

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Trina Storage enhances Smart manufacturing with new upgrade

Trina Storage a leading global energy storage solution provider has recently announced the completion of a major upgrade to its smart integration factory in Chuzhou China. The upgraded facility strengthens...

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Adnec Group secures International Renewable Energy Certificate

Adnec Group a Modon Holding company has been awarded and redeemed its first International Renewable Energy Certificates (I-REC) produced by Emirates Water and Electricity Company (Ewec) issued by Abu Dhabi...

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Bahrain's building permit portal wins big at world's top GIS event

Bahrain s Building Permit Portal Benayat has won the international Special Achievement in GIS (SAG) Award in the Government and Production Sector category at the annual Esri User Conference in San Diego...

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Bapco Energies signs strategic partnership with Lamea National Project

Bapco Energies the integrated energy group leading the transformation of Bahrain s energy sector has announced that it has signed a strategic partnership with Lamea National Project to support its objectives...

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UAE group invests in $100m funding round for US nuclear tech company

CE-Ventures the corporate venture capital platform of Crescent Enterprises has announced its participation in the 100 million Series B funding round for leading US nuclear technology company Aalo Atomics....

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Masdar, partners secure financing for 2 GW Al Sadawi solar project

Masdar the Abu Dhabi-based energy company and consortium partners GD Power and Korea Electric Power Corporation have reached financial close for the 2-gigawatt (GW) Al Sadawi solar photovoltaic (PV) project...

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Masdar allocates over $1.685bn of green bond proceeds in 2024

Masdar an Abu Dhabi energy company reported in its 2024 Green Finance Report that more than 1.685 billion in green bond proceeds from 2023 and 2024 issuances were allocated as of 31 December to new solar...

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