Energy
His Highness met with heads of global energy companies to discuss the future of the sector
Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion
These new rigs will support the growing operations at the offshore Zakum field
LNG carriers will be delivered by 2028 and time chartered for 20 years to ADNOC Group subsidiaries
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
Electricity and gas bills decreased in the second half of 2023
Petrol prices have reduced for the second time in July after dropping in June
Acquisition marks a key milestone in KPC's Energy Transition 2050 strategy
The Saudi oil giant produced an average of 12.8 million barrels of oil per day in 2023
Japan Bank for International Cooperation, Sumitomo Mitsui Banking Corp co-finance $27 million loan
With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list
This agreement builds on the company's successful and long-standing relationship with one of its valued Japanese partners
Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023
Offer values Terna Energy's total equity at 2.4 billion euros with an enterprise value of 3.2 billion euros
Adnoc Group owns and operates the Ghasha concession, with a controlling stake of 55 percent
Al-Zour refinery boosts Kuwait's total refining capacity from 800,000 bpd to over 1.415 million bpd per day
The top 10 countries on the energy transition index are all in Europe
Agreement commencing in Q2 2024 will be facilitated through QatarEnergy's HPL Global Pte Ltd
Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa
The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024
Acquisition follows Gordon Technologies' completion of setting up its Abu Dhabi business
Following the redemption, ADNOC Distribution’s free float remains unchanged at 23 percent
Revival of projects in the energy sector key to the country’s development
