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Record year for MENA green bonds as issuances increase 155pc

Annual issuances of green social sustainable and sustainability-linked bonds (GSSB) in the Middle East and North Africa (MENA) hit a new record in 2023 of approximately 24 billion according to data from...

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Front End signs exclusive partnership with Crane+

Front End Limited Company a Saudi-owned firm that provides advanced products and solutions to the energy mining industrial maritime and logistics sectors has signed an exclusive deal with Crane at the...

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Adnoc to grow diversified portfolio; invest $23bn

Adnoc Abu Dhabi s state-owned oil company has been directed to grow its diversified portfolio and provide secure reliable and responsible energy to support the delivery of a just orderly and equitable...

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GN Rope Fittings expands manufacturing capacity by 40%

GN Rope Fittings a leading manufacturer of ROV mooring heavy lifting and rigging connections to the global oil and gas and offshore wind industries is increasing its manufacturing capacity by almost 40%....

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Trina Solar picked ESG champion by Bloomberg Green

Trina Solar has been recognised for its exceptional performance in promoting sustainable development winning the Bloomberg Green ESG-Enterprises award as part of the Bloomberg Green ESG 50 list. Drawing...

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Adnoc Drilling, Alpha Dhabi JV completes first investment

Adnoc Drilling and Alpha Dhabi Holding has announced the incorporation of its strategic investment joint venture (JV) at Abu Dhabi Global Market. The JV will pursue global investments in energy technology...

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DEWA's energy storage tech enhances Dubai's energy security

Dubai Electricity and Water Authority (DEWA) is one of the leading organisations in adopting the latest and best technologies for storing clean energy and several of its energy storage projects are among...

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Sinopec Tech seals major PDO technology trial contract

Sinopec Tech Middle East (STME) has announced that it has signed a technology trial agreement with Petroleum Development Oman (PDO) with regard to the innovative hydraulic efflux hammer technology which...

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Hybrid energy microgrid ideal for mines: Aggreko

Aggreko has advocated use of hybrid energy microgrid that combines renewable energy like solar and wind with energy storage and generators to create a self-sufficient resilient energy system for mines....

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Aveva opens first Aveva E3D Design Competition for users

Aveva a leader in industrial software driving digital transformation and sustainability has opened entries for its first ever Aveva E3D Design Competition. The contest invites users from across the world...

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Alujain to sell 35pc stake in Saudi petchem unit for $500m

Alujain Corporation a leading Saudi petrochemicals energy mining and metals company said it has signed an agreement with Basell International Holdings a subsidiary of New York-listed LyondellBasell Industries...

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Empower turns major sponsor for global district cooling events

Emirates Central Cooling Systems Corporation (Empower) has signed up as a diamond sponsor for major conferences and expos being hosted by International District Energy Association (IDEA) in 2024 as part...

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More decisive action on energy transition needed: Minister

Bahrain s Minister of Oil and Environment and Special Envoy for Climate Affairs Dr Mohamed bin Mubarak bin Daina has called for greater collaboration and more decisive action on the energy and economic...

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Adnoc expands carbon management portfolio

Adnoc has taken a 10.1 per cent equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects. The strategic...

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Dragon Oil expands investments with Turkmenistan Oil deal

Dragon Oil Company wholly owned by the Government of Dubai has signed a Memorandum of Understanding (MoU) with Turkmenbet Company (Turkmenistan Oil) expanding its investments in the Turkmen oil and gas...

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FMF advances global discussion on clean energy transition

The Future Minerals Forum (FMF) scheduled to take place 9-11 January in Riyadh Saudi Arabia has announced three new strategic partnerships to inform the global discourse on minerals and their critical...

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