Energy

COVID-19 crisis is causing the biggest fall in global energy investment in history: IEA

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected
OPEC daily basket price stood at US$28.06 a barrel Friday

The price of OPEC basket of thirteen crudes stood at US$28.06 a barrel on Friday, 22nd May 2020, compared with $29.70
Saudi Aramco to reduce its oil production for June by one million bpd

Saudi Ministry of Energy has directed Aramco to reduce its crude oil production, for the upcoming month of June, by an
Dubai saves 178 MW in electricity consumption during Earth Hour 2020

Dubai Electricity and Water Authority, DEWA, has recorded savings of 178 megawatts, in electricity consumption in the
Operations, production not affected by COVID-19: Dana Gas

Dana Gas has said that its facilities, operations and production have not been affected by the coronavirus, COVID-19.
ADNOC Logistics testing biofuel to reduce fuel consumption

ADNOC Logistics & Services will test biofuel as a bunkering fuel for ships, in an effort to comply with the 2020
OPEC daily basket price stands at $61.04 a barrel Wednesday

The price of OPEC basket of fourteen crudes stood at US$61.04 a barrel on Wednesday, compared with US$60.67 the
Bugatti touts green ambitions while storming full speed ahead

Supercar manufacturer Bugatti, fresh off one of its best years, wants the world to know it has taken environmental
Renewable energy shaping the future of sustainability

Renewable energy is key requirement to sustainability, and stands at the forefront of Dubai’s and the UAE’s strategic
25 mmb of crude imported by Japan from UAE in September

Japan imported from the United Arab Emirates 24.8 million barrels of crude oil in September 2019, data released by the
Dubai saves 7.4 billion gallons of water, equivalent to AED1.2 billion

Between 2009 and 2018, customers in Dubai saved over two terawatt-hours of electricity and 7.4 billion gallons of water
DEWA’s Shams Dubai connects 1,354 buildings totalling 125MW of power

Dubai Electricity and Water Authority (DEWA) has connected 1,354 photovoltaic installations on residential, commercial
OPEC daily basket price announced for Friday

The price of OPEC basket of fourteen crudes stood at US$60.02 a barrel on Friday, 13th September, compared with US$
Oil prices surge as attack on Saudi facility disrupts output

An attack on a critical Saudi Arabia oil plant has pushed crude prices sharply higher, though its longer-term impact
DEWA wins Global Business Excellence Award 2019

Dubai Electricity and Water Authority (DEWA) announced that it has won the Best Customer Service Initiative through the
ADNOC awards Dh13.2bn in 'smart procurement' contracts

The Abu Dhabi National Oil Company, ADNOC, announced on Wednesday the award of multi-billion-dollar contracts for the
India strengthens energy tie-up with Gulf region

In a major effort to deepen India’s energy relationship with oil producers in the Gulf, the country’s biggest
India mulls opening fuel marketing to foreign investment

The Indian government is preparing to reform domestic fuel marketing in India, opening up this lucrative sector to
Emirates Nature-WWF urges businesses to protect UAE’s water resources

Emirates Nature-WWF has called on all businesses in the UAE to monitor their water consumption and support the
Empower awards network extension contract worth Dh25m

Emirates Central Cooling Systems Corporation (Empower) today announced that it has awarded a AED25 million contract to
Italy's ENI, BP ink accord for Oman exploration

Italy's ENI and BP Oman on Wednesday signed an exploration and production sharing agreement, EPSA, with Oman's Ministry
ADNOC closes partnership agreements with Eni, OMV in refining and trading

The Abu Dhabi National Oil Company, ADNOC, on Wednesday announced that it has closed its landmark strategic equity
DEWA to build 68 new 132/11kV substations worth Dh8bn

DEWA plans to build 68 new 132/11 kilovolt (kV) substations over the next three years, at a projected value of AED8
Residents urged to limit electricity usage from 12 to 6pm

Dubai Electricity and Water Authority, DEWA, has urged customers to schedule the use of appliances that consume a lot
DEWA launches campaign to raise awareness on rational use of electricity, water

The Dubai Electricity and Water Authority, DEWA, has launched its annual "Let’s Make This Summer Green" campaign to