Browsing: energy transition

The Mozambique Energy & Industry Summit 2025 is the leading platform for energy and industrial…

The Arab Energy Fund (AEF), previously known as Apicorp, has secured USD 650M through a five-year bond issuance, which was oversubscribed by 1.4 times.

The United Arab Emirates (UAE) has pledged over $40 billion in investments across key sectors…

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), emphasised Dubai’s global leadership in clean energy and artificial intelligence. He discussed key strategies and policies related to clean energy, energy storage, and Fourth Industrial Revolution technologies.

ADNOC Gas plc and its subsidiaries have announced a record net income of USD 5 billion for the full year (FY) 2024, alongside the highest quarterly income of USD 1.38 billion since its IPO.

The UAE has reinforced its position as a global leader in solar energy by making significant investments in renewable projects, supporting its sustainability objectives and commitment to climate neutrality.

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.

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.

The UAE, through the Ministry of Energy and Infrastructure, achieved significant progress in 2024 across energy, infrastructure, housing, and transportation sectors, reflecting its commitment to sustainable development and societal well-being, driven by innovation and technology.

XRG, ADNOC’s international investment company for lower-carbon energy and chemicals, has partnered with BP to launch a new natural gas joint venture in Egypt, named Arcius Energy. BP holds a 51 per cent stake, while XRG owns 49 per cent. The partnership combines their technical expertise and development success to build a competitive gas portfolio.