Browsing: energy transition

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.

Dubai Electricity and Water Authority (DEWA) has formed a strategic partnership with the Electric Power Research Institute (EPRI), a leading global organisation in electric power research and development. This collaboration will focus on advancing areas such as renewable energy, grid modernisation, energy storage solutions, and more.

President His Highness Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors meeting, held at ADNOC Headquarters. The board directed ADNOC to pursue Net Zero emissions by 2050, supporting the UAE’s strategic initiative.

ADNOC and Abu Dhabi Future Energy Company (Masdar) have signed a Strategic Collaboration Agreement (SCA) with Microsoft, aiming to drive AI and low-carbon initiatives in the UAE and internationally. The focus is on decarbonising the current energy system and enabling a sustainable energy future.

In early November, Abu Dhabi will host ADIPEC 2024, where over 40 ministers and 200…

Standard Chartered has introduced a new sustainable finance version of its Borrowing Base Trade Loan…

ADNOC Logistics and Services plc has announced that AW Shipping, a joint venture with Wanhua…