UAE | Egypt Oil & Gas - Part 54
Abu Dhabi Renewable Targets Not Deterred by Oil Prices
Suhail Al Mazroui, the UAE’s Minister of Energy, said on Wednesday that lower oil prices were not affecting demand for renewable energy or the country’s targets to reduce energy consumption. He added that Abu Dhabi wi...
Oil Prices May Prompt More UAE Concession Deals
Abu Dhabi is believed to be in advanced talks to award contracts to international oil companies to develop its onshore oilfields after French energy giant Total was awarded a 10% stake in late January this year, exper...
ISIS High on Upcoming Oil & Gas Security Summit Agenda
Senior security officers from the oil and gas sector will gather in order to address various security issues faced by the industry at a summit next month in Dubai, UAE. The 4th Gulf and Middle East Oil & Gas Secur...
UAE Nuclear Power Project Earns More International Okays
The Emirates Nuclear Energy Corporation (Enec) recently received six international ISO re-certifications from Intertek, a leading provider of quality and safety services including a full range of business process audi...
Russia Embracing GCC, Islamic Finance After Oil-Gas Revenues Shrink
As Russian economy shrinks due to sanctions and falling oil revenue, the country is seeking to strengthen its trade ties with the UAE and other Gulf countries. The trade figures between the two countries stand at $2 b...
Morocco Seeks Energy Investment in Dubai
Morocco is on the hunt for fresh investment from the UAE to help develop its power generation sector, hoping for US$20 billion in deals over the next five years. A delegation from Morocco was in the UAE for three days...
UAE to Launch New Solar Power Project, Report Says
UAE’s Federal Electricity and Water Authority (FEWA) is set to create a series of solar power stations with a capacity of 100 megawatts (MW) at a cost of Dh500 million (6 million), according to a report. The new proje...
Chinese Solar-Powered ACs to Help UAE Balance Electricity Costs
Gree Electric Appliances said it has introduced the world’s first solar variable refrigerant flow (VRF) air-conditioners in the UAE. A major appliance manufacturer based in China, Gree said the revolutionary product i...
