Energy Archives | Gulf Business

Oil watchers predict OPEC+ to maintain steady supply

Bloomberg — Thu, 25 May 2023 08:29:05 +0000

Forecasters predict OPEC+ to keep output steady due to demand in China, and the current curbs, should rapidly deplete world inventories

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ADNOC Drilling signs $75m deal for six newbuild hybrid power land rigs

Kudakwashe Muzoriwa — Wed, 24 May 2023 17:48:44 +0000

The rigs are being built by Honghua Golden Coast and will progressively enter the fleet from the second quarter of 2024

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ADNOC, TAQA invest $2.4bn to supply sustainable water to onshore operations

Kudakwashe Muzoriwa — Wed, 24 May 2023 05:55:16 +0000

The project will develop a centralised seawater treatment facility for operations at the Bab and Bu Hasa fields in Abu Dhabi

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NEOM Green Hydrogen Company closes $8.4bn deal for production facility

Kudakwashe Muzoriwa — Mon, 22 May 2023 13:27:55 +0000

The green hydrogen production plant is currently being built at Oxagon in Saudi Arabia’s NEOM region

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TAQA to explore investments worth $3bn in Uzbekistan’s energy sector

Kudakwashe Muzoriwa — Mon, 22 May 2023 07:37:06 +0000

The investment opportunities include new and existing power plants as well as associated power infrastructure with a combined value of more than $3bn

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ACWA Power, PIF unit jointly invest $3.25bn in three solar projects

Kudakwashe Muzoriwa — Mon, 22 May 2023 03:00:54 +0000

The new solar projects, which will be jointly owned with ACWA and PIF’s Badeel, will have a combined production capacity of 4.55 GWac

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Empower adds Dubai International Airport to its district cooling portfolio

Kudakwashe Muzoriwa — Sat, 20 May 2023 05:00:41 +0000

The total capacity of the plants is equivalent to 11 times the consumption of the world’s tallest tower, the Burj Khalifa

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UAE’s Masdar to develop over 2GW of clean energy in Uzbekistan

Neesha Salian — Fri, 19 May 2023 08:41:08 +0000

Uzbekistan, which aims to achieve 25 percent of its energy mix from renewables by 2030, is a strategic destination for Masdar

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Saudi Aramco promotes upstream, downstream heads to new president roles

Bloomberg — Fri, 19 May 2023 03:00:31 +0000

Nassir Al-Naimi remains in charge of Aramco’s oil and gas production while Mohammed Al Qahtani will continue to run the refining and chemicals business

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Masdar, Airbus ink deal to boost global sustainable aviation fuel sector

Neesha Salian — Tue, 16 May 2023 08:02:24 +0000

The agreement marks a collaboration between the two companies focusing on sustainable aviation fuels, green hydrogen and direct air capture technologies

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