Energy News

Petroleum price hike gets the thumbs-up

"We support the decision liberalising the prices as it will help rationalise fuel consumption, conserving the environment and protecting natural resources for generations yet to come."

Subsidy reforms to spur development in UAE

Government can channelise funds into infrastructure, education and healthcare, say economists.

Dubai's Solar Park closer to reality

Dewa closes financial close for second phase, Dh30b project to generate 1,000MW by 2019

Iran oil may cause Opec tensions

The Islamic republic's exports could reach a potential 2.4 million barrels per day (bpd) in 2016, from 1.6 million bpd in 2014.

Women on the verge of bridging gender gap in energy

The oil and gas industry has witnessed great strides in attracting and retaining more women into engineering positions.

Masdar's solar hub launched in California

The hub adds to the UAE's innovation agenda by expediting the development of new solar technologies suitable for harsh desert environments.

Enoc urges Dragon Oil to reign in output

Saif Al Falasi, Group Chief Executive of Enoc, said there is a need to refocus the Turkmenistan operations of the explorer and ensure field life sustainability.

Oil prices rise but demand worries weigh

The International Energy Agency (IEA) said on Friday that oil prices are set to come under further pressure from easing global demand and an expanding glut of crude, while a rebalancing of the oil markets may last well into next year.

Saudi-Kuwaiti talks to resolve oil row

The dispute has seen the closure of the Khafji and Wafra oil fields in the neutral zone, which have been pumping for more than half a century.

Dewa awards Dh1.2b deals to construct 15 substations

The emirate has been witnessing a five per cent year on year growth in energy demand and to meet this demand an addition 2,100MW of generating capacity is required by 2021.