The oil ministers of Saudi Arabia and the United Arab Emirates warned that spare capacity is decreasing in all energy sectors as producers slash investment, causing everything from crude to diesel and natural gas to […]
Sovereign wealth funds are upping their investments in the energy transition. The custodians of national wealth invested $2.3 billion in 2020 in sectors important to combating climate change, including forestry, renewable energy and so-called agritech, […]
Abu Dhabi is simultaneously preparing for an increase in oil and gas demand in the coming years and for the global rise of renewable energy. News has emerged that the emirate is considering the sale […]
The use of an executive committee is usually to expedite decision making and maintain oversight over the day to day management on a regular basis. In Adnoc’s case, the formation of the board and committee […]
Abu Dhabi: An hour’s drive southeast of Abu Dhabi is the world’s largest single-site solar plant. Located at Sweihan in Abu Dhabi, Noor Abu Dhabi (which means ‘light’ in Arabic) features 3.2 million solar panels. The clean, renewable energy produced […]
ADNOC Group has merged its downstream unit with its trading arm, creating the Downstream Industry, Marketing & Trading Directorate. When revealing the news, ADNOC said that the new unit would be “a critical enabler of […]
Three of Abu Dhabi’s biggest state-owned companies — Adnoc, Mubadala Investment and Abu Dhabi Development Holding (ADQ) — have signed an agreement to establish the ‘Abu Dhabi Hydrogen Alliance’ to develop low-carbon hydrogen fuel in […]
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