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Tag Archives: energy

UAE-Indonesia Economic Work Team held in Jakarta.

Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry, headed the UAE delegation participating in the joint meeting of the UAE-Indonesia Economic Work Team, held in the Indonesian capital, Jakarta. During the meeting, the delegation discussed strengthening the bilateral relations between the two countries, along with …

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DEWA organises business forum with France

The Dubai Electricity and Water Authority, DEWA, has organised the second France-DEWA Business Forum, in collaboration with the French Business Council in Dubai and the Northern Regions and Business France, to strengthen cooperation with French institutions and companies. The theme of the conference was ‘Future of Energy and Innovation’. Saeed …

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Awareness workshop by UAE energy ministry

The Abu Dhabi Department of Energy (DoE) – the government entity in charge of ensuring the energy sector’s excellence and sustainability in the emirate – held an awareness workshop covering the major initiatives and the newly introduced amendments to the Incident Reporting Regulations. Attended by representatives from 72 entities active …

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ENOC wins mega-loan from China

ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as China’s biggest financial institutions endorse the Group’s operational and financial health. The term loan will finance general corporate purposes as ENOC continues to fuel the local economy through its business divisions in exploration …

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ADNOC Roundtable to rally global energy leaders

Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on 11th November, to discuss the impact of digitalisation, technology and the Fourth Industrial Age on the future of the global oil and gas industry. The senior executives, representing many of the world’s major oil, gas …

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ADNOC strategy makes international headlines

International economic and oil media outlets highlighted the outcomes of the Supreme Petroleum Council, SPC, which took place yesterday and was led by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Deputy Chairman of the SPC. …

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Shurooq, Besix sign deal to operate wastewater treatment plant

The Sharjah Investment and Development Authority (Shurooq) and Besix signed an agreement to operate and maintain an existing wastewater treatment plant in Al Saja’a area in Sharjah. In a statement on Monday, Shurooq and Besix said a newly formed company Qatra will develop and expand the wastewater infrastructure in line with Sharjah’s …

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Adnoc to deepen ties with Chinese energy firms

Abu Dhabi National Oil Company (Adnoc) is planning to deepen investment and partnership opportunities with Chinese energy firms as demand for energy and petrochemical products grows in the world’s top oil importer. “Energy cooperation is an important aspect of the UAE’s relations with China, which is the number one oil …

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UAE, South Korea to strengthen energy ties

The UAE is looking at strengthening economic ties with South Korea and is exploring market growth opportunities in the energy sector, a statement from Abu Dhabi National Oil Company (Adnoc) said on Wednesday, quoting the company’s CEO Dr Sultan Ahmad Al Jaber, who is on a two-day visit to the …

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Adnoc, Morocco’s OCP plan fertiliser joint venture

The Abu Dhabi National Oil Company (Adnoc) and the OCP Group of Morocco (OCP) are planning to explore the phased creation of a new global fertiliser joint venture to boost their presence globally and extend their partnership further. The two companies already have a partnership established through the existing long-term …

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Taqa’s net profit up by 42% in Q1 2018

Abu Dhabi National Energy Company, Taqa posted 5 per cent increase in revenues in the first quarter of 2018 due to increase in oil and gas prices and improvement in the power and water business. In the first quarter of 2018, the company, majority owned by the government of Abu Dhabi, reported …

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Mohammad Bin Zayed receives Turkmenistan president

His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, Thursday received Gurbanguly Berdimuhamedow, President of Turkmenistan. During the meeting held at the Presidential Palace, Shaikh Mohammad and Berdimuhamedow held talks on ways to bolster bilateral relations, global developments …

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Dewa service centre gets five-star rating

Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, on Monday unveiled a five-star plaque at the Customer Happiness Centre in the Dubai Electricity and Water Authority’s (Dewa) headquarters. He underlined that happiness is a UAE’s lifestyle and the ultimate …

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UAE, Tajikistan plan to create joint investment fund

Tajikistan and the UAE are planning to create a joint investment fund to boost economic ties between the two countries, according to a top official from the country.  The fund will facilitate investments in various sectors of Tajikistan economy including infrastructure, energy, tourism and agriculture, among other things, Qahhorzoda Fayziddin …

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US Secretary of Energy Rick Perry visits UAE

Dr Sultan Ahmad Al Jaber, Minister of State and Group CEO of Abu Dhabi National Oil Company (Adnoc) yesterday (Tuesday) received Rick Perry, US Secretary of Energy, who is currently on a visit to the UAE to participate in the US-UAE strategic energy dialogue. The meeting touched on ways to …

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UAE to host Global Future Councils’ annual meet

The UAE Government has partnered with the World Economic Forum (WEF) – Davos to host the second Annual Meeting of the Global Future Councils (AMGFC) on November 11-12 in Dubai, it was announced on Saturday. Being held under the patronage of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President …

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