The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW
The project seeks to increase ethane extraction from the company’s existing onshore facilities in the Habshan complex
Tassos Peppas, regional director – Middle East, Turkey and Central Asia at Vertiv shares key solutions in achieving sustainable operations for data centres
Brent crude oil prices, which are used for gas pricing, decreased by nearly 31 per cent during the period under review
The first gas from Absheron was successfully delivered in early July 2023
The completion is anticipated by the end of the calendar year, subject to regulatory approvals and satisfaction of customary closing conditions
West Texas Intermediate was little changed below $82 a barrel after surging 16 per cent in July
West Texas Intermediate held above $80 a barrel after a run of five weekly gains that lifted prices to the highest since April
West Texas Intermediate edged below $80 a barrel on Friday
West Texas Intermediate traded near $79 a barrel, after slipping 1.1 per cent on Wednesday
The lending group also included First Abu Dhabi Bank acting as lead arranger
The deal represents the continued growth of Aramco’s downstream presence in China
The landmark LNG deal was signed during Prime Minister Narendra Modi’s official visit to the UAE last week
The power plant is expected to provide the Egyptian economy with $6.5bn in savings in annual natural gas costs and create up to 120,000 job opportunities
The companies will look at developing technical solutions to decarbonise or improve the energy efficiency of upstream oil and gas assets among other initiatives
Dr Sultan Al Jaber, Masdar chairman and COP28 President-Designate, has been meeting global leaders to build consensus toward solutions that can deliver an equitable energy transition
The two entities agreed to enhance the collaboration in the energy sector, transmission and distribution communication networks
The two parties will jointly formulate a strategy to best approach the international market and secure offtake arrangements
This investment comes under Multiply+, the group’s sector-agnostic arm
The agreement allows the companies to further raise the condensate volumes
Low-carbon solutions are products, services and technologies with a small carbon footprint that can serve as alternative energy sources
West Texas Intermediate traded just below $72 a barrel
The KEXIM loan facilities were refinanced through a competitive market process resulting in the selection of two banks, ADCB and FAB
The strategy aims to triple the contribution of renewables to the country’s energy mix by 2030 to reduce the effects of climate change
The pipeline extension will drive further growth as part of the company’s strategy to increase its market share and enhance its customer base
The drilling company said the awarding of the contracts follows more than $11.5bn in long-term contracts announced since the beginning of 2022
The awarding of the contracts marks the start of construction work on the petrochemical facility
Countries that import the most oil will have to make the biggest contribution to the fund
The partnership aims to provide eco-friendly electricity to PDG’s data centre in Mumbai for a period of 25 years
The company has committed to reducing its carbon footprint by at least a quarter by 2030