Energy Archives | Gulf Business

Silal partners with Desolenator on agricultural solar-powered desalination project

Divsha Bhat — Fri, 09 Jun 2023 07:42:30 +0000

The project aims to contribute to the decarbonisation of food production in desert climates by significantly lowering the carbon footprint of the desalination process

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ADNOC L&S secures $975m contract to build offshore artificial island

Kudakwashe Muzoriwa — Thu, 08 Jun 2023 16:00:09 +0000

The contract covers dredging, land reclamation and marine construction of an artificial island for the Lower Zakum offshore field

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Standard Chartered issues first-ever green guarantee to Larsen & Toubro in Saudi Arabia

Marisha Singh — Wed, 07 Jun 2023 05:29:28 +0000

The sustainable guarantee issued by the bank will see L&T receive the necessary financial support for the development of wind and solar farms to support green hydrogen generation

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Sustainable aviation fuels to play key role in carbon mitigation, says IATA

Neesha Salian — Wed, 07 Jun 2023 03:42:22 +0000

In 2022, SAF production tripled to some 300 million litres with project announcements for potential SAF producers rapidly growing

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UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn

Neesha Salian — Tue, 06 Jun 2023 20:51:57 +0000

The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030

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ADNOC Drilling acquires two new jack-up rigs for $220m

Kudakwashe Muzoriwa — Tue, 06 Jun 2023 12:32:14 +0000

The rigs will become operational in the fourth quarter of 2023

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Saudi Arabia to cut additional one million barrels in oil production after OPEC+ talks

Bloomberg — Mon, 05 Jun 2023 09:26:45 +0000

The 23-nation group offered no additional action to buttress the market, but pledged to maintain their existing oil production cuts until the end of 2024

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UAE fuel prices for June: Super 98, Special 95 rates revised

Divsha Bhat — Wed, 31 May 2023 07:23:14 +0000

The UAE fuel price committee has slightly reduced the rates

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Oil watchers predict OPEC+ to maintain steady supply

Bloomberg — Thu, 25 May 2023 08:29:05 +0000

Forecasters predict OPEC+ to keep output steady due to demand in China, and the current curbs, should rapidly deplete world inventories

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ADNOC Drilling signs $75m deal for six newbuild hybrid power land rigs

Kudakwashe Muzoriwa — Wed, 24 May 2023 17:48:44 +0000

The rigs are being built by Honghua Golden Coast and will progressively enter the fleet from the second quarter of 2024

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