Energy

WEF: Energy Transition Momentum Slowing Amid Global Volatility

Arnold Pinto 23/06/2024

European Nations Dominate ETI 2024 Rankings The World Economic Forum (WEF) has released its annual report on global energy transitions, revealing a nuanced picture of progress and challenges amidst heightened global uncertainty. The report titled ‘Fostering Effective Energy Transition 2024’

Energy Events

23 French Firms To Exhibit At Middle East Energy 2024

Arnold Pinto 06/04/2024

France Leads In Advanced Energy Solutions The upcoming Middle East Energy exhibition in Dubai, scheduled from April 16-18, 2024, is not just another event. It is a platform where 23 leading French companies will showcase their advanced energy solutions, underlining the significant role France aims to play in addressing the Middle East region’s energy challenges. […]

Energy Sustainability

COP28: Key strategies can reduce cooling equipment power consumption and cut emissions by 60%

Arnold Pinto 12/12/2023

5 billion people could benefit from life-saving cooling An analytic report released during the ongoing COP28 climate talks in Dubai reveals that implementing curated measures to reduce the power consumption of cooling equipment globally could lead to a substantial 60-96% reduction in predicted 2050 sectoral emissions. The report, titled ‘Keeping it Chill: How to meet […]

Energy

ADIPEC 2023 will feature top speakers from the global energy sector – 1,600+ of them   

Arnold Pinto 05/08/2023

More than 1,600 leaders, innovators and policymakers from across the global energy industry will speak at ADIPEC 2023, from October 2-5, 2023 in Abu Dhabi, UAE. Hosted by ADNOC and organised by dmg events, the annual ADIPEC exhibition and conferences B2B event collects the who’s who of the global energy vertical under one roof, to […]

Energy GCC Saudi Arabia

SAUDI HUNTS FOR CRITICAL MINERALS IN ENERGY TRANSITION

News Desk 26/07/2023

Dubai, United Arab Emirates – 26 July, 2023:  Saudi state mining giant Ma’aden and US-based Ivanhoe Electric have closed a deal to investigate 48,500 sq km of under-explored lands in the Arabian Shield for “critical minerals” that are key to powering the global energy transition. Surveys could begin as soon as September in the new […]

Energy

Rawabi Energy Successfully Concludes One of the Largest Private Sector

News Desk 23/07/2023

Al Khobar, Saudi Arabia; July 23, 2023: Rawabi Energy and its subsidiaries (together “Rawabi Energy”), today announced the successful conclusion of one of the largest private sector syndicated financing in the Kingdom of Saudi Arabia with the financial close of SAR 7.175 billion Syndicatedmulti-currency senior secured term and revolving SAR and USD facilities (the

Energy

INDUSTRY LEBANON’S ENERGY DILEMMA: POWER CUTS AND COSTLY SOLAR

News Desk 17/07/2023

Dubai, United Arab Emirates – 17 July, 2023:  In a car park in West Beirut, a fuel tanker pumps 4,000 litres of diesel into barrels that will keep Bassem Jabir’s four illegal energy generators humming for another few days. Linked to local houses by dozens of thick cables strung across pavements and dangling from street […]

Energy GCC Saudi Arabia

ENGIE and PIF sign MoU to jointly develop Hydrogen projects in Saudi Arabia

shahil muhammed 13/07/2023

ENGIE and PIF sign MoU to jointly develop Hydrogen projects in Saudi Arabia   Riyadh, Saudi Arabia, July 13, 2023: ENGIE, the leading provider of low-carbon energy services and solutions for integrated utilities management, has signed a memorandum of understanding (MoU) with the Public Investment Fund (PIF) for the joint development of green hydrogen projects […]

Energy GCC NEWS DESK Saudi Arabia

Saudi Arabia and the Netherlands to Collaborate on Green Energy

News Editor 27/06/2023

Saudi Arabia and the Netherlands recently signed an MoU to collaborate on green energy and hydrogen projects. Due to this agreement, the Netherlands could be the primary destination for the transportation of hydrogen derived from renewable energy from Saudi Arabia to Europe. This agreement was disclosed by Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, at

Energy

The Advantages of Using VFDs for Elevator and Escalator Systems

Jen Robbin 23/06/2023

The Advantages of Using VFDs for Elevator and Escalator Systems Buildings are getting taller and more complex every day. The need for efficient and reliable elevators and escalator systems has become more crucial than ever. They enable smooth transportation of people and goods across different floors. However, these systems need considerable energy to operate, leading […]

Energy GCC UAE

HE Al Zeyoudi Addresses US GreenTech Delegation in Dubai, Invites Private-Sector to Invest in Clean Energy Transition

News Desk 02/06/2023

Abu Dhabi, UAE – 2nd  June 2023:  His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, addressed a US-led GreenTech delegation to the UAE, outlining the growth opportunities offered to companies developing low-carbon and alternative energy solutions in the UAE’s supportive ecosystem. He also emphasized the need for public-private

Energy

Announced Hydrogen Projects Represent USD 320 billion Investments through 2030 Revealed 2nd Energy Storage Forum

News Desk 29/05/2023

Dubai, UAE; 29 May 2023 – The 2nd Energy Storage Forum revealed that hydrogen momentum continues to accelerate with more than 1,000 projects announced globally. The announced projects represent USD 320 billion investments through 2030. While renewable generation is projected to reach 80 per cent of the global energy mix by 2050, this will require […]

Energy

Power Generation Study by Ministry of Climate Change and Environment Reveals 20% Reduction in Nitrogen Oxide Emissions in the UAE

News Desk 18/05/2023

A study conducted by the Ministry of Climate Change and Environment (MOCCAE), in collaboration with entities involved in power generation in the United Arab Emirates, has revealed a significant decrease of 20% in nitrogen oxide emissions resulting from power generation activities. The study focused on measuring the intensity of nitrogen oxide emissions associated with

Energy GCC UAE

Sharjah Waste to Energy plant achieves major milestones

News Desk 15/05/2023

The Sharjah Waste to Energy plant, a first of its kind project in the Middle East, has achieved multiple landmark milestones since its inauguration a year ago. Tied to the Sharjah electrical grid, the plant has generated enough energy to power over 2,000 homes per year while offsetting 150,000 tons of CO2 emissions. Around 60 […]

Energy

Hitachi Energy, the partner of choice for largest-ever HVDC wind energy project in U.S.

News Desk 15/05/2023

Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by Pattern Energy to supply its high-voltage direct current (HVDC) and other advanced technologies for the SunZia Transmission Project. It will connect the 3,500-megawatt (MW) SunZia Wind project in New Mexico to the power grid in Arizona […]

Business Energy

AVEVA and Petrofac Enter MoU

News Desk 06/04/2023

Dubai, UAE, 6 April 2023 – AVEVA, a global leader in industrial software driving innovation and sustainability, has signed a memorandum of understanding (MoU) with Petrofac, a leading provider of services to the global energy industry.   The new agreement will see AVEVA cooperate with Petrofac towards: Digital transformation of the end-to-end supply chain system

Energy Business

Research reveals energy concerns impacting business competitiveness

News Desk 20/03/2023

Dubai; 20th March 2023: Research shows that businesses around the world remain concerned about the impacts of energy security and prices, which could be a catalyst for a range of environmental, social and economic ripple effects. According to ABB Electrification’s Energy Insights survey1 of 2,300 leaders in 10 markets around the world, including the UAE, […]

Energy

THREE PRIMARY FACTORS ARE FURTHER ENHANCING THE MENA REGION’S POSITIONING

News Desk 08/03/2023

Dubai, 8 March 2023- One of the main factors that have been affecting oil prices and the global energy market is undoubtedly the ongoing conflict between Russia and Ukraine, which has had far-reaching economic consequences, driving European countries to seek alternatives that would help them reduce their dependence on Russian gas. According to Ritu Singh, […]

Energy

Wilo discusses future of energy efficiency with innovative pump solutions at World Future Energy Summit 

News Desk 17/01/2023

January 17, 2023 Wilo Middle East, the leading German pumps and systems manufacturer and digital pioneer of the pumps industry, is participating at the World Future Energy Summit to raise awareness of sustainable solutions and advance energy efficiency through the use of innovative pumps and systems. In addition to addressing critical topics such as water […]

NEWS DESK Energy GCC Lifestyle Saudi Arabia Sustainability Tech

Energy Transition In Saudi Arabia: Renewable Technology At Home, Oil Abroad

News Editor 09/12/2022

Energy Transition In Saudi Arabia: Renewable Technology At Home, Oil Abroad : Saudi Arabia has long since been referred to as the Kingdom of oil. Since Saudi Arabia’s first oil discovery in 1933, the region has long been the focus of news when discussing oil because it is the world’s largest producer of that substance. […]