Browsing: Energy

Adnoc has signed its third Sales and Purchase Agreement (SPA) for the Ruwais lower-carbon liquefied natural gas (LNG) project with Germany’s EnBW Energie Baden-Württemberg AG, a leading European energy infrastructure operator.

ADNOC Gas, in collaboration with Baker Hughes, has successfully deployed a new technology that captures carbon from methane, the primary component of natural gas, and converts it into graphene. This breakthrough, developed by the British climate tech firm Levidian, has been implemented at ADNOC Gas’ Habshan Gas Processing Plant, marking the first use of the LOOP technology at an operational gas processing site.

Emirates Nuclear Energy Company (ENEC) has launched ENEC Consulting, a strategic advisory subsidiary aimed at supporting the global expansion of civil nuclear energy programmes and infrastructure. This move follows ENEC’s rebranding efforts and its ambition to become a global leader in nuclear energy solutions. The new subsidiary will leverage over 15 years of experience, particularly from the successful delivery of the UAE Peaceful Nuclear Energy Programme and the Barakah Nuclear Energy Plant, which achieved full-fleet operations in September 2024.

Aldar Properties has secured an AED 9B (USD 2.45B) sustainability-linked syndicated senior unsecured multi-tranche revolving credit facility (RCF). This marks the largest sustainability-linked syndicated financing deal completed by a real estate company in the Middle East.

Today, Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, participated in the 15th IRENA Assembly in Abu Dhabi, where she reaffirmed the UAE’s commitment to accelerating the global energy transition through collaboration and strategic partnerships.

Solar equipment manufacturer Arctech has agreed to provide 1.5GW of its SkyLine II single-axis solar tracking system to PowerChina for the Al Ajban solar photovoltaic (PV) independent power project in the UAE.