Friday 9 December 2022

Ma’aden confirmed as founding partner of FMF 2023

Ma'aden, Saudi Arabia's leading mining company, announced its sponsorship of the upcoming Future Minerals Forum (FMF), which will take place in Riyadh from January 10-12.   As Founding Partner, Ma’aden will showcase its latest achievements in the m


Taqa, Adnoc and Mubadala complete Masdar stake buy

Abu Dhabi National Energy Company (Taqa), Mubadala Investment Company and Abu Dhabi National Oil Company (Adnoc) have completed the acquisition of the Masdar, with plans to propel it as a global leader in clean energy and green hydrogen.   The n


Top Abu Dhabi groups complete landmark Masdar stake deal

Abu Dhabi National Energy Company (Taqa), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (Adnoc) announced today (December 8) the successful completion of the Masdar transaction, following which they will all become shareholders in Abu Dhabi Future Energy Co


Mitsubishi Power completes revamp of Iraq thermal power unit

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), said it has completed the refurbishment of Unit 1 at the Hartha Thermal Power Station operated by the Ministry of Electricity (MOE) in the Republic of Iraq.    Located in Basra


Bahrain plans 30pc cut in emissions by 2035: Oil Minister

During the eighth Mediterranean Dialogues (MED) forum, Oil and Environment Minister, Special Envoy for Climate Affairs, Dr Mohammed bin Mubarak bin Daina stressed that Bahrain is continuing to devise and implement ambitious development plans and initiatives in order to achieve its environment


Adnoc signs catering services deals worth $272m

Abu Dhabi National Oil Company (Adnoc) has signed contracts worth over AED1 billion ($272.25 million) with four Abu Dhabi companies to provide food catering services to all Adnoc Group companies from 2022 to 2027.   With more than 50 percent of the value from th


Renewable power growth to double in five years: IEA

Global renewable power capacity growth is set to double in the next five years driven by energy security concerns, overtaking coal as the largest source of electricity generation along the way, said the International Energy Agency (IEA) in a new report. The global energy crisis i


GCC ready to take lead in chemicals innovation, say experts

The GCC is well positioned to lead the energy transition and chemicals innovation, said industry leaders at the16th Gulf Petrochemicals and Chemicals Association (GPCA) Forum, which got underway today (December 6) in Saudi capital Riyadh.   The two-day forum, be


Emerge signs deal with Al Dahra to develop rooftop solar project

Emerge, a joint venture between Masdar and EDF, and Al Dahra, one of the largest integrated agri-businesses in the Middle East, have teamed up to develop a rooftop solar photovoltaic (PV) installation. The installation will be carried out at Al Dahra Food Industry at Khalifa Industrial Zone F


Carbon credits need more supply to meet global demand: IEF

Carbon credits could make a significant contribution to achieving net zero by 2050, but only if participants address issues over limited supply and integrity, the Secretary General of the International Energy Forum told a conference.   Trade in voluntary carbon

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