Energy

Mubadala Invests $200 Million in Greenlink Energy Interconnector

News Editor 16/06/2026

Photo Credit : Mubadala Investment Company has strengthened its presence in European energy infrastructure with a $200 million investment in Greenlink, a subsea electricity interconnector linking Great Britain and Ireland. The investment sees Mubadala acquire part of infrastructure investor

Energy

Siemens Energy to Supply Turbines for 2.6GW Taweelah C Power Plant in Abu Dhabi

News Editor 16/06/2026

Photo Credit : Siemens Energy Siemens Energy has secured a major contract to provide advanced gas and steam turbine technology for the 2.6-gigawatt Taweelah C Independent Power Producer (IPP) project in Abu Dhabi, strengthening the emirate’s energy infrastructure and supporting its long-term sustainability goals. The project marks the third power plant at the Taweelah site

Energy

EU Launches T-MED Initiative to Drive €25 Billion Clean Energy Investment Across Mediterranean by 2035

News Editor 10/06/2026

Photo Credit : WAM The European Union has unveiled a major clean energy initiative aimed at accelerating renewable energy development and strengthening energy cooperation across the Mediterranean region. Launched during the European Sustainable Energy Week, the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation (T-MED) initiative was introduced by Dubravka

Energy

Middle East Energy Marks 50 Years as Global Energy Sector Converges in Dubai

News Editor 08/06/2026

Photo Credit : WAM Middle East Energy will celebrate its 50th anniversary when it returns to the Dubai World Trade Centre from September 1 to 3, 2026, marking five decades since the event first launched in 1976 and reinforcing its status as one of the world’s leading energy industry gatherings. The milestone edition arrives at […]

Energy

DEWA Expands Clean Energy Projects to Advance Dubai’s Net-Zero Goals

News Editor 05/06/2026

Photo Credit : WAM Dubai Electricity and Water Authority (DEWA) is accelerating its clean energy and sustainability initiatives as part of efforts to reduce carbon emissions, improve resource efficiency and support the UAE’s climate ambitions. Marking World Environment Day 2026, held under the theme “Now For Climate,” DEWA highlighted a portfolio of projects designed to

Energy

Aramco to Exit Malaysian Refining Venture as Petronas Takes Full Control

News Editor 25/05/2026

Photo Credit : AFP Saudi Aramco is transferring its equity stakes in the PRefChem refining and petrochemical venture to Petronas, paving the way for the Malaysian energy giant to take full ownership of the integrated downstream business in Johor, Malaysia. The two companies confirmed on Monday that they had signed an agreement covering the transfer […]

Energy

Mubadala Energy backs $9.75bn commonwealth LNG project in Louisiana, US

Miguel Hadchity 15/05/2026

Image Credit: WAM UAE — May 2026 — Abu Dhabi-based international energy company Mubadala Energy has announced that Caturus LLC has reached a Final Investment Decision for the Commonwealth LNG project, including the successful financial close of the $9.75 billion initiative to build a liquefied natural gas export facility in Cameron Parish, Louisiana, with an export

Energy UAE

UAE, Netherlands strengthen strategic partnership in energy, water and sustainability

Miguel Hadchity 11/05/2026

Photo Credit: WAM Dubai, UAE — May 2026 — The UAE has concluded high-level talks with the Netherlands aimed at deepening bilateral cooperation across energy, water sustainability, and climate resilience, as both nations prepare for the UN Water Conference 2026. According to the Emirates News Agency, Assistant Minister of Foreign Affairs for Energy and Sustainability, […]

Automotive Energy Law Sustainability Transport

Electric Vehicles in UAE: Rules and Incentives

Saba Malik 09/05/2026

In the United Arab Emirates, the UAE is actively working to promote and utilise clean energy, with developers shaping the UAE market through strong incentives to buy electric cars and support a wider push under clean energy initiatives; this helps the country establish itself as a leading regional and global player in electric vehicle technology […]

Energy

Mubadala acquires minority stake in renewable energy platform Power Factors

News Editor 07/05/2026

Photo Credit : WAM Mubadala Investment Company has announced the acquisition of a significant minority stake in Power Factors, a leading provider of renewable energy management software, alongside existing investor Vista Equity Partners. The Abu Dhabi-based sovereign investor said the move supports its long-term commitment to renewable energy and digital infrastructure,

Economy Energy

UAE Ministry, ENEC partner to strengthen nuclear sector intellectual property protection

News Editor 06/05/2026

Photo Credit : WAM The Ministry of Economy and Tourism and Emirates Nuclear Energy Company have signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation in intellectual property (IP) protection and patent development within the UAE’s nuclear energy sector. The agreement was signed during the Make it in the Emirates 2026 forum in the […]

Energy

UAE activates Green Certificates for factories to boost sustainable industry

News Editor 06/05/2026

Photo Credit : WAM The Ministry of Energy and Infrastructure has announced the activation of Green Certificates for factories under the National Green Certificates Programme during the Make it in the Emirates 2026, marking a major step in the UAE’s push toward sustainable industrial development and low-emission manufacturing. The programme establishes a national framework

Energy

Mubadala, Tubacex Group launch TBX Nexxia in Abu Dhabi to boost energy manufacturing

News Editor 04/05/2026

Photo Credit : WAM Mubadala Investment Company and Tubacex Group have officially launched their joint venture, TBX Nexxia, marking the start of operations at a new advanced manufacturing platform in Abu Dhabi focused on Oil Country Tubular Goods (OCTG). The announcement was made during Make it in the Emirates 2026, highlighting the UAE’s continued push […]

Energy UAE

UAE withdraws from OAPEC, marking second oil alliance exit in one week

Miguel Hadchity 04/05/2026

Photo Credit: OAPEC Dubai, UAE — May 2026 — The United Arab Emirates has formally withdrawn from the Organization of Arab Petroleum Exporting Countries, the intergovernmental body announced on Sunday, effective May 1, 2026. The exit, confirmed in a statement by OAPEC’s Secretary-General, follows the UAE’s departure from the OPEC Secretariat earlier this week, signaling

Energy UAE

UAE announces exit from OPEC & OPEC+ effective May 1, says time to focus on national interest

Miguel Hadchity 28/04/2026

Dubai, UAE — April 2026 — The United Arab Emirates has announced its decision to withdraw from the Organization of the Petroleum Exporting Countries and the OPEC+ alliance, effective May 1, 2026. According to the Emirates News Agency, the move aligns with the UAE’s long-term strategic and economic vision, as well as the evolution of […]

Economy Energy UAE

NMDC Energy posts strong Q1 2026 results with revenue up 33%

News Editor 28/04/2026

Photo Credit : WAM NMDC Energy has reported a solid start to 2026, delivering strong financial results for the first quarter while maintaining steady operations across all projects despite a complex regional environment. The company recorded revenues of AED5 billion in Q1 2026, marking a 33 percent increase compared to the same period last year. […]

Economy Energy UAE

UAE, China strengthen energy ties with new clean energy and industrial platform deal

News Editor 16/04/2026

Photo Credit : WAM The UAE’s Ministry of Investment has signed a strategic Memorandum of Understanding with Jereh Group to develop an integrated clean energy and industrial platform, reinforcing the country’s push to lead in next-generation energy and advanced manufacturing. The agreement, signed by Mohammad Abdulrahman Alhawi, Undersecretary of the Ministry of Investment,

Energy UAE

UAE announces sharp rise in petrol, diesel prices for April 2026

News Editor 31/03/2026

Photo Credit : Gulf News The UAE has announced new fuel prices for April 2026, with motorists set to pay significantly higher rates starting Tuesday, April 1. According to the UAE Fuel Price Committee, Super 98 petrol will increase to Dh3.39 per litre, up from Dh2.59 in March. Special 95 petrol will rise to Dh3.28 […]

Energy

Middle East conflict rattles global markets as oil surges and economies respond

News Editor 30/03/2026

Photo Credit : AFP Global financial markets came under pressure on Monday as escalating tensions in the Middle East triggered sharp movements in oil prices and investor sentiment, with growing fears of wider geopolitical involvement. Oil prices climbed significantly, with Brent crude rising more than three percent to nearly $109 a barrel, while US benchmark […]

Energy

ADNOC, OMV move closer to forming Borouge Group with new Borouge 4 agreement

News Editor 20/03/2026

Photo Credit : Reuters Abu Dhabi National Oil Company (ADNOC) and Austria’s OMV have taken another step toward establishing Borouge Group International AG, signing a new agreement linked to the Borouge 4 production complex aimed at boosting earnings and operational efficiency. The companies confirmed that the planned merger of Borouge Plc and Borealis AG, alongside […]