Energy UAE

AI transformation delivers tangible results, cuts insurance refund time to 8 mins: DEWA CEO

Miguel Hadchity 03/08/2026

Photo Credit: WAM Dubai, UAE — August 2026 — Dubai Electricity and Water Authority is reaping concrete benefits from its strategic roadmap to become the world’s first AI-native utility, according to Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA. According to the Emirates News

Energy UAE

ADNOC Drilling posts record first-half 2026 revenue and profit as OFS growth accelerates

News Editor 30/07/2026

Photo Credit : WAM ADNOC Drilling has reported record financial results for the first half of 2026, driven by continued expansion in its Oilfield Services (OFS) business, strong operational execution and a highly contracted revenue base that continues to provide long-term earnings visibility. The company posted first-half revenue of $2.46 billion, marking a 4 percent […]

Energy

Masdar, EPCG Advance 2GW Montenegro Renewable Energy Partnership

News Editor 28/07/2026

Photo Credit : WAM Abu Dhabi Future Energy Company, Masdar, and Montenegro’s national power utility Elektroprivreda Crne Gore have moved their renewable energy partnership into the project execution stage, signing agreements for 150 megawatts of solar power and the potential development of more than 400MW of pumped hydro energy storage. The projects will be developed […]

Energy

ADNOC approves $6.2bn Umm Shaif Gas Cap project to expand UAE gas production

News Editor 21/07/2026

Photo Credit : WAM ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) to develop the Umm Shaif Gas Cap project, marking another major step in the UAE’s strategy to expand natural gas production and strengthen its position in the global LNG market. The project will be developed in partnership with TotalEnergies, […]

Energy

One seafarer killed after ADNOC L&S oil tankers hit in Strait of Hormuz attack

News Editor 14/07/2026

Photo Credit : AFP One seafarer has died and several others were injured after two crude oil tankers operated by ADNOC Logistics and Services (ADNOC L&S) were struck by projectiles while transiting the Strait of Hormuz in the early hours of Tuesday. The company confirmed that its Al Bahyah and Mombasa B vessels sustained significant […]

Energy UAE

SEWA advances lighting projects across central region

Miguel Hadchity 13/07/2026

Photo Credit: WAM Dubai, UAE – July 2026 – The Sharjah Electricity, Water and Gas Authority is continuing efforts to implement and develop street lighting projects across all areas and residential communities in the Central Region. According to the Emirates News Agency, this comes following a defined plan and timeline as part of the vision […]

Energy

ADNOC L&S Orders Four New LNG Carriers in $900 Million Fleet Expansion

News Editor 10/07/2026

Photo Credit : WAM ADNOC Logistics and Services (ADNOC L&S) has announced a major expansion of its liquefied natural gas (LNG) fleet with an order for four next-generation LNG carriers valued at approximately US$900 million (AED3.3 billion), reinforcing its strategy to meet growing global demand for cleaner energy. The new vessels, each with a cargo […]

Energy

EWEC opens registration for 20th Clean Energy Certificates auction

News Editor 07/07/2026

Photo Credit : WAM Emirates Water and Electricity Company (EWEC) has opened registration for its 20th Clean Energy Certificates (CECs) auction, giving organisations across the UAE another opportunity to verify their clean electricity consumption and strengthen their sustainability commitments. Registration will remain open until 31 July 2026. Introduced under the Abu Dhabi

Economy Energy Oil & Gas

ADNOC Drilling launches first AI-powered walking island rig ahead of schedule

News Editor 25/06/2026

Photo Credit : WAM ADNOC Drilling has announced the successful delivery of its first artificial intelligence-enabled “walking” island rig, marking a major milestone in the company’s efforts to advance drilling efficiency and strengthen Abu Dhabi’s energy sector. The next-generation rig was delivered ahead of schedule, reinforcing ADNOC Drilling’s strategy to integrate

Energy

DEWA powers Dubai’s EV growth with 62,000 MWh through Green Charger network

News Editor 24/06/2026

Photo Credit : WAM Dubai Electricity and Water Authority has supplied more than 62,000 megawatt hours of electricity through its Green Charger Initiative since its launch in 2014, underlining the rapid rise of electric vehicle adoption across Dubai. The utility said the power delivered through its charging network has enabled over 310 million kilometres of […]

Energy

Dana Gas clears Egypt dues as new gas discovery exceeds forecasts

News Editor 23/06/2026

Photo Credit : Dana Gas UAE-based Dana Gas has confirmed that all its overdue receivables in Egypt have now been fully settled, marking a significant financial and operational milestone for the company as it expands its investment in the country’s gas sector. The company said it received additional payments worth Dh79 million ($21.5 million) from […]

Economy Energy UAE

UAE, South Korea deepen cooperation in energy, nuclear and emerging technologies

News Editor 22/06/2026

Photo Credit : WAM The UAE and South Korea have explored new opportunities to expand their strategic partnership in energy, nuclear power and advanced technologies during high-level talks in Abu Dhabi. Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the UAE Ministry of Energy and Infrastructure, met with South Korean Trade, Industry […]

Energy MIDDLE EAST

Shipping Resumes Through Strait of Hormuz After US-Iran Peace Deal

News Editor 18/06/2026

Photo Credit : Windward | X Commercial shipping activity through the strategic Strait of Hormuz is showing signs of recovery after the United States and Iran signed a peace agreement in France, prompting several vessels stranded for months to resume their journeys. According to maritime intelligence firm Windward, at least seven previously immobilised ships have […]

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 Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable. The

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