UAE plans massive investment to meet sustainable energy demands and net-zero targets
Suhail Al Mazrouei
Latest in Suhail Al Mazrouei
Abu Dhabi
Desalination investment across Abu Dhabi, Dubai, and Umm Al Quwain crosses the $2 billion mark
Annual growth rate of the water desalination sector is at 3 percent in line with the UAE’s plans to meet the growing national demand for water and electricity, the Minister for Energy and Infrastructure said
Abraham Accords
UAE, Israel deepen trade and investment ties with a Comprehensive Economic Partnership Agreement
The UAE-Israel agreement will create jobs, promote investment flows, substantially reduce or remove tariffs on a wide range of goods, enhance market access for services, enhance climate action, and deepen cooperation on strategic projects
Atlantic Council Global Energy Forum
Why greater investments in oil and gas are needed to protect the economy from the impact of energy disruption
‘Annual investment in oil and gas is $200bn below where it needs to be, and that is just to keep up with demand through 2030,’ said UAE Minister of Industry and Tech
Abu Dhabi Fund for Development
Masdar begins construction on 230MW solar power plant, inks additional clean energy project deals
The project will help generate half a billion kilowatt-hours of electricity annually, enough to meet the needs of more than 110,000 houses, and will reduce emissions by more than 200,000 tonnes a year
Abu Dhabi
Etihad Rail marks 70% construction completion on Stage 2 of the UAE National Rail Network
The UAE Minister of Energy and Infrastructure, Suhail bin Mohammed Faraj Faris Al Mazrouei, inspected the construction progress, the O&M facility, and spoke to the Emirati cadre working on the project
crude production
UAE in “favour” of increasing oil production but stands by OPEC+ agreement
The announcement comes amid general call for increased production in the face of record oil prices
crude oil output
Biden team spoke to Saudis, UAE about OPEC talks, oil prices
Crude prices have soared and fluctuated as Saudi Arabia and the UAE spar over a production increase
ADNOC
Oil and dollars: Why the UAE is risking a falling-out with OPEC+
The group’s fourth-biggest producer, argued against a deal proposed by Saudi Arabia and Russia to extend quota limits until the end of next year, rather than ending them in April as originally planned
azerbaijan
Abu Dhabi’s Masdar inks $200m deals to drive Azerbaijan solar ambitions
Deal comes as Azerbaijan is targeting to increase its installed power capacity to 30% from renewable sources by 2030
Basrah Light crude
Video: ‘I cannot see us not agreeing’ on an OPEC+ production cut, says UAE energy minister
Ahead of meetings with non-OPEC allies in Vienna Friday, The UAE’s Energy Minister Suhail al-Mazrouei discussed the possibility that Russia would agree to proposed production cuts.
Abu Dhabi
Oil nations to do ‘whatever necessary’ to balance market, says UAE minister
UAE energy minister Suheil al-Mazrouei warned that with the US-China trade row hanging over the world economy, additional output cuts may not be the best way to boost sagging prices
Brand View
Co-chairs of Global Manufacturing and Industrialisation Summit calls on global leaders to join the conversation around the future of the manufacturing sector
Brand View: The Fourth Industrial Revolution, Nature-Inspired Technologies, The Man-Machine Interface, Sustainable Development Goals, Cybersecurity, Circular Economy, Women’s Entrepreneurship and Empowerment, and Industrial Policy are high on the agenda at the second edition of the Global Manufacturing and Industrialisation Summit which will run from 9 to 11 July 2019 in Yekaterinburg, Russia
Abu Dhabi
OPEC poised to extend oil output cuts for rest of year
Saudi Arabia, the UAE and Iraq are all in favour of restraining production amid signs of faltering demand
global oil market
Saudi, UAE see sufficient oil supplies, rising stocks
Producer nations discussed how to stabilise a volatile oil market amid rising US-Iran tensions in the Gulf
Dr Mohammed bin Hamad Al Rumhi
OPEC+ job isn’t done as oil inventory rising, says UAE’s Al Mazrouei
Oman’s oil minister, Mohammed Al Rumhi, said the producers will stick to their policy of limiting production
largest oil exporter
Middle East looking toward shale oil in the future, says UAE Energy Minister
UAE Energy Minister Suhail Al Mazrouei says that oil-producing countries in the region should work with shale producers as partners