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NYUAD students win UAE Energy Investment AcademyStudents from New York University Abu Dhabi (NYUAD) have won the Adnoc-Bloomberg UAE Energy Investment Academy 2024, the second phase of the annual Adnoc-Bloomberg Trading Challenge, held at the Abu Dhabi International Petroleum Exhibition & Conference (Adipec), this unique competition al More… |
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QatarEnergy expands offshore exploration interests in NamibiaQatarEnergy has entered into an agreement with TotalEnergies to acquire an additional 5.25 per cent interest in block 2913B (PEL 56) and an additional 4.695 per cent interest in block 2912 (PEL 91), both located in the Orange Basin, offshore Namibia. Subject t More… |
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Saudi Arabia joins global partnership for hydrogen, fuel cellsThe Saudi Ministry of Energy has announced that the Kingdom of Saudi Arabia has officially joined the International Partnership for the Hydrogen and Fuel Cells in the Economy (IPHE), as part of its ongoing efforts to foster international collaboration in developing this vital sector. More… |
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Middle East buyers prefer ICE vehicles over BEVs: surveyA Bloomberg Intelligence (BI) survey shows that Middle East buyers remain hesitant about battery-electric vehicles (BEVs). Only 10% of respondents in Saudi Arabia and the UAE plan to buy a BEV in the next year, down from 19% in 2023. Concerns about charging infrastructure, battery reli More… |
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AIQ, Kent to advance AI-driven engineering solutionsAIQ, the Abu Dhabi-based AI champion developing innovative solutions for the energy sector, and Kent, a leading global engineering and digital solutions provider, have signed a Strategic Collaboration Agreement to explore advanced artificial intelligence (AI) applications in engineering optim More… |
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TotalEnergies, Oil India collaborate on methane detectionTotalEnergies and Oil India (OIL) signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India. State-owned enterprise OIL recently joined the Oil an More… |
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Multi-Wing to supply fans for offshore applications in QatarMulti-Wing, a global leader in fan design and manufacturing, has announced the delivery of 104 custom-engineered fans for use in offshore applications in Qatar. Commissioned by a prominent local energy firm, this project underscores Multi-Wing’s ca More… |
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Adnoc L&S reports revenue up 38pc, net profit up 27pcAdnoc Logistics and Services (Adnoc L&S), an energy maritime logistics leader, has announced its third quarter (Q3) and first nine months (9M) 2024 financial results, revealing a revenue of $2,668 million (AED9,798 million) for the 9M 2024, up 38 per cent compared to 9M 2023, with EBITDA More… |
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Adnoc launches its fourth Trading Academy cohortAdnoc has announced the fourth cohort of its Trading Academy, which prepares the UAE National talent of Adnoc for roles in the company’s trading operations, Adnoc Global Trading (AGT) and Adnoc Trading (AT). The cohort was announced at an event held at A More… |
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Samsung E&A wins $215m Qatar RLP Ethylene Storage PlantSamsung E&A, a total solutions provider for the global energy industry, announced it has signed a $215 million contract with Ras Laffan Petrochemicals (RLP) of Qatar for the Qatar RLP Ethylene Storage Plant. Samsung E&A plans to execute this project as More… |
