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HomeUAE

UAE

UAE
Crude Oil News

UAE officially stops using dollar for oil trades

November 29, 2023 Mariel Alumit

The global financial landscape is witnessing a seismic shift as the United Arab Emirates (UAE) boldly moves away from the US dollar in its oil trade dealings. This strategic pivot aligns with the broader ambitions of the […]

Big Oil Companies

Daily Energy Standup Episode #257 – COP28, ESG Realities, Geopolitical Strains, and the Path Ahead

November 27, 2023 Andy Del Prado

Daily Standup Top Stories What Is COP28 and Why Is It Important? November 25, 2023 Mariel Alumit World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down — […]

COP28
Climate Crisis

What Is COP28 and Why Is It Important?

November 25, 2023 Mariel Alumit

World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down — or even phase out — of fossil fuels, a global goal to help the world adapt […]

UAE
Crude Oil News

The UAE could raise oil production regardless of OPEC+ decision

November 21, 2023 Mariel Alumit

Oil Price OPEC’s third-largest producer, the United Arab Emirates (UAE), could raise its oil output next year as it has won a higher quota under the OPEC+ agreement. Source: Oil Price The UAE, OPEC’s third-biggest […]

LNG
LNG

UAE’s Adnoc says ‘advancing’ towards Ruwais LNG FID

November 13, 2023 Mariel Alumit

UAE’s energy giant Adnoc is getting closer to taking a final investment decision to build its second LNG terminal in Al Ruwais. Earlier this year, Adnoc announced it will build its second LNG terminal in Al Ruwais. […]

BRICS
BRICS

$18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month

September 27, 2023 Mariel Alumit

Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the US government. New numbers from the Treasury Department show China is leading the charge, reducing its holdings […]

Energy Crisis

Israel advances water-for-energy deal with Jordan, UAE

September 26, 2023 Mariel Alumit

NewsEnergy Israel’s energy minister and the chief executive of UAE’s renewable energy firm Masdar have met to advance a water-for-energy deal with Jordan, according to the Israeli energy ministry. The aim of the meeting on […]

BRICS
BRICS

Dollar dumped? The UAE to join India in BRICS bloc after the two powerhouses trade 1 million barrels of oil for rupees instead of USD for the first time — what this means for the greenback

August 30, 2023 Mariel Alumit

Last week it was announced that the United Arab Emirates would be joining India among the ranks of the BRICS bloc — a coalition that seeks to empower trade between the emerging economies of its […]

BRICS

BRICS’ Expansion Is Beneficial But It Also Isn’t Without Strategic Challenges

August 27, 2023 Mariel Alumit

ENB Pub Note: An excellent overview of the BRICS expansion. It is clear that the new members are a solidification of the BRICS Bank and the global financial model changing. The other Geopolitical implications are […]

Dubai
Energy Storage

Dubai utility company files patent for a chemical liquid to enhance energy storage

August 21, 2023 Mariel Alumit

RIYADH: The UAE’s ongoing sustainable efforts are poised for a boost as the Dubai Electricity and Water Authority’s Research and Development Center has submitted a patent application for a chemical liquid with high thermal and […]

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