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GCCIA to sign landmark deal linking Gulf power market to IraqThe Gulf Cooperation Council Interconnection Authority (GCCIA) will sign a landmark agreement with Iraq tomorrow (October 9) that will connect the country to the Gulf power market. With this move, Iraq will be able to import around 3.94 terawatt-hours of More… |
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Qatar studying bids for new 500MW power plantQatar Electricity and Water Company, in co-operation with Qatar General Electricity and Water Corporation (Kahramaa), is studying the development of a project to build, own and operate peak units with a production capacity of 500MW in the Ras Abu Fontas area in order to meet the gas-rich coun More… |
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Adnoc L&S to distribute H1 2024 cash dividend of $136.5mAdnoc Logistics and Services (Adnoc L&S), an energy maritime logistics leader, has announced that its Board of Directors approved the distribution of a cash dividend of $136.5 million (AED501.3 million) for the first half (H1) of 2024, equivalent to 6.78 fils per share. More… |
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World Future Energy Summit to champion regional growthThe Middle East’s role as a new global fuels hub will be explored when the World Future Energy Summit returns to Abu Dhabi National Exhibition Centre (Adnec) from January 14-16, 2025 as part of Abu Dhabi Sustainability Week 2025 (ADSW) from 12-18, a report said. The summit will a More… |
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SARCO extends deal to acquire German Saudi Industrial stakeSaudi Arabian Refineries Company (SARCO) said it has extended a non-binding agreement - inked with German Saudi Industrial Company (GSIC) to acquire its entire stake - for an additional three months. GSIC is a JV between Saudi group FTCP and Germany's Desatec. More… |
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Irena launches green hydrogen white paperAn International Renewable Energy Agency (Irena) white paper underscores the critical role of measurement and standards in the successful integration of green hydrogen as a sustainable fuel source. The white paper on green hydrogen has been developed in collab More… |
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Moro Hub presents Green Certificate to DSCEMoro Hub, a subsidiary of Digital DEWA, has awarded the Green Certificate to Dubai Supreme Council of Energy (DSCE) in recognition of its commitment to sustainability by utilising Moro Hub's Green Cloud for its IT workloads. Presented by Marwan Bin H More… |
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QatarEnergy introduces enhanced ICV programQatarEnergy has announced the launch of Tawteen initiative’s enhanced In-Country Value (ICV) program, a move that will further align it with the objectives of the State of Qatar to enhance the sustainable development of the local economy. The enhanced IC More… |
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Global gas demand to rise by over 2.5% in 2025, says IEAGlobal demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis, according to International Energy Agency (IEA). At the same time, new gas suppl More… |
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UAE, Saudi Arabia lead Arab investments in green hydrogenRegional heavyweights UAE and Saudi Arabia are working to build a strong base for producing and exporting green hydrogen as a clean energy source, thus enhancing their position as leaders in this sector regionally and globally, according to the Abu Dhabi-based Interregional Center for Strateg More… |
