Economy Middle East

ADNOC

ADNOC boosts budget allocation to $23 billion for lower-carbon projects
Sustainability

ADNOC boosts budget allocation to $23 billion for lower-carbon projects

Company also aims to inject $48.5 bn back into UAE economy over next 5 years

ADNOC acquires 10 percent of UK-based Storegga
Sustainability

ADNOC acquires 10 percent of UK-based Storegga

Expanding global footprint into carbon capture and storage initiatives

UAE’s ADNOC inks first 15-year LNG supply deal with China’s ENN
Sustainability

UAE’s ADNOC inks first 15-year LNG supply deal with China’s ENN

Targeting first sales in 2028

Abu Dhabi boosts climate action by planting 44 million mangrove trees
Sustainability

Abu Dhabi boosts climate action by planting 44 million mangrove trees

Abu Dhabi leads in mangrove conservation for a sustainable future

Feeling the pulse of the UAE’s energy transition
Op-eds

Feeling the pulse of the UAE’s energy transition

COP28: Historic agreement propels global transition away from fossil fuels
Sustainability

COP28: Historic agreement propels global transition away from fossil fuels

Deal was approved by nearly 200 countries

On national day, the UAE is celebrated as among the leading nations of the world
Economy

On national day, the UAE is celebrated as among the leading nations of the world

Emirates dominates the region with historic achievements in various fields

UAE’s ADNOC to transform atmospheric carbon into solid rock
MENA

UAE’s ADNOC to transform atmospheric carbon into solid rock

Move aims to permanently trap climate-changing pollutants

ADNOC and Santos sign global carbon management partnership
Sustainability

ADNOC and Santos sign global carbon management partnership

Collaboration aims to lead decarbonization efforts across Asia Pacific

UAE ranks first in electric vehicle readiness
Sustainability

UAE ranks first in electric vehicle readiness

Sustainable transportation initiatives yielding positive results

ADIPEC concludes with major deals and new attendance record
Energy

ADIPEC concludes with major deals and new attendance record

More than AED120 billion worth of project opportunities revealed

UAE eyes 19.8 GW clean energy by 2030: ADIPEC 2023 highlights
Energy

UAE eyes 19.8 GW clean energy by 2030: ADIPEC 2023 highlights

Key energy figures in the region call for partnerships and collaborations