Wednesday 18 January 2017

Biggest future energy summit set to open in Abu Dhabi

The 10th World Future Energy Summit (WFES) opens tomorrow at the Abu Dhabi National Exhibition Centre (Adnec), with the 2017 edition expected to be the biggest ever. Hosted by Masdar as part of Abu Dhabi Sustainability Week (ADSW), WFES drives the business case for sustainability


Global leaders set to attend Abu Dhabi Sustainability Week

Global leaders in government and business will gather for the official opening of Abu Dhabi Sustainability Week (ADSW)  in the UAE capital tomorrow. Taking place on the theme “Practical steps towards a sustainable future”, this year’s ADSW is expected to re


Dewa showcases renewable initiatives at WFES

Dubai Electricity and Water Authority (Dewa) is highlighting its latest renewable-energy innovative projects at the 10th World Future Energy Summit (WFES) opening tomorrow (January 16) in Abu Dhabi, UAE. Organised by Masdar, Abu Dhabi's multi-faceted renewable energy company,


Falling costs spurring clean energy: new Irena report

Falling costs, driven by innovation in technology and policy, is spurring renewable energy deployment and with it a myriad of socioeconomic benefits, says the new publication released by the International Renewable Energy Agency (Irena).  REthinking Energy, now in its third


ADFD to fund Caribbean hybrid power project

Abu Dhabi Fund for Development (ADFD) has signed a $15-million concessionary loan agreement for the development of an innovative new hybrid solar and wind generation project in the Caribbean state of Antigua and Barbuda; one of the third funding cycle recipients of ADFD/Irena Project Facility.


UAE committed to renewable energy says official

The UAE Energy Strategy 2050 represents a future roadmap and reflects the strategic vision and strong commitment to the renewable energy sector, a senior UAE official has said. In a statement on the sidelines of the seventh session of the International Renewable Energy Agency (Ir


Iran targets $55bn spend in petchem sector

Iran needs to attract investments of about $55 billion to develop its thriving petrochemical sector, said a top government official. "We hope to attain the 150-million-ton production capacity within 10 years. We need nearly $55 billion in investment in the petrochemical indu


Oryx Petroleum completes drilling at Zey Gawra

Oryx Petroleum has completed in open hole partially penetrating the cretaceous reservoir in the Zey Gawra field in Iraqi Kurdistan.  Production from the naturally flowing well is currently constrained to approximately 1,500 bbl/d of 35.5 degree API oil with a gas-oil ratio o


Iran's 9-month oil revenues top $29bn

Iran's oil revenues have reached $29 billion in the first nine months of the current Iranian calendar year ending March 20, according to a top official with the Petroleum Ministry. Iran's exports of oil and oil condensates have doubled in comparison to the figure before t


Dewa, Enel sign knowledge sharing tie-up

Dubai Electricity and Water Authority (Dewa) has partnered with Enel, a global leader in electricity and natural gas, aiming to enhance sharing of information and knowledge in the fields of smart grids and network digitalisation. The Memorandum of Understanding (MoU), which remai

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