Tag: Energy Sector
Egypt signs exploration deals worth $1bn with leading energy companies
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla said that the country has signed nine oil and gas exploration agreements worth $1...
OPEC+ faced with crucial decisions after a tough 2020
As one of the most stormy years in oil’s history ends, an important task now awaits OPEC+ (Organization of the Petroleum Exporting Countries).
The alliance...
Saudi Arabia-Azerbaijan sign $300mn renewable energy deal
Saudi Arabia and Azerbaijan have signed a landmark agreement worth $300 million for renewable energy projects in the Caspian country.
The Kingdom's energy leader, ACWA...
Investments committed to MENA power sector remains stable in 2020: APICORP
According to the Arab Petroleum Investments Corporation (APICORP), investments already committed in the power sector of Middle East and North Africa (MENA) region have...
Abu Dhabi power giant TAQA to become first UAE listed firm...
Abu Dhabi’s utility giant TAQA will become the first UAE listed firm to offer quarterly dividends, as its shareholders approved a new progressive dividend...
Governments must place energy efficiency top in priority list: IEA
The International Energy Agency (IEA) urges governments to keep energy efficiency top in their priority lists to pursue a sustainable recovery as it would...
ADIPEC set to kick start next week despite COVID-19 worries
Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the emirate’s flagship energy industry event, will kick start next week despite the challenges occurring in...
ADNOC awards $324mn worth contracts to enhance onshore field operations
The Abu Dhabi National Oil Company (ADNOC) of the UAE has awarded contracts worth $324 million to improve onshore field operations and efficiencies.
ADNOC Onshore,...
