UAE | Egypt Oil & Gas - Part 43
UAE’s Clean Coal Project to Emerge by 2020
Saudi Arabia’s Acwa Power, and China-based Harbin Electric Corporation, are to build up a clean coal power plant in the Gulf region – Hassyan, comprising of two 600MW units to serve Abu Dhabi and the UAE b...
Dolphin Energy Wins $863m Loan
UAE’s Dolphin Energy Ltd., an Abu Dhabi-controlled venture, providing 2cf/d of gas from Qatar to Oman and the UAE, has secured a 15-year long bank loan of $863m, reported Arabian Business. According to Trade Ara...
UAE’s Fuel Prices and Petrochems Move in Opposite Directions
The UAE ministry of energy announced it will again lower domestic prices for gasoline and diesel in December, reported Arabian Business. The price of a litre of octane 95 gasoline will drop 1.15% to $0.46 in November,...
Taqa to Divest Itself of its Sole US Wind Power Asset
Abu Dhabi National Energy Co., or Taqa, has filed with US energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota, reported Reuters. The filing asks for authorisation of th...
Nigeria to Boost Profitability in UAE as it Fights Oil Corruption at Home
Alpha Group of Companies Chairman/CEO Sheikh Mohamed Bayorh and senior executives from leading prominent companies in UAE welcomed the Nigerian Minister of State Petroleum Resources, Honorable Emmanuel Kachikwu this w...
Renewables to Share in $544.37m UAE Innovation Fund
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched a new fund worth $544.37m to finance innovation, reported Trade Arabia. The ‘Sheikh Mohammed bin Rash...
DEWA’s Helps Governments ‘Think Better’ with Innovation Week, Green Tech
Dubai Electricity and Water Authority (Dewa) has launched 30 initiatives and activities as part of Dewa’s Innovation Week, running from November 22 to 28, reported Trade Arabia. “Dewa continues to pursue an innovative...
Dana Gas Triumphs in Court Case Against Kurdish Government
Shares of Dana Gas jumped about 5% in trade after the British high court upheld an earlier order requiring $100m in payment from the Kurdistan Regional Government (KRG) to Dana’s consortium, reported Gulf News. ...
