Category :Energy

Energy Featured News Regional

Algeria Keen to Play a Vital Role in Africa’s Energy Transition

Global Business Magazine July 3, 2023

With vast desert region and untapped solar potential, Algeria’s renewable energy projects are quite interesting. Algeria is also endowed with rich Read More

Energy Business Featured News Oil & Gas Regional

ADNOC Awards $700 million EPC Project to Petrofac

Global Business Magazine July 3, 2023

Petrofac, the UK-based leading international service provider to the energy industry, on Friday announced that it has been selected by the Abu Read More

Energy Business Featured News Regional

ADNOC Gas Awards $1.34 Billion in Contracts for New Natural Gas Pipeline

Global Business Magazine July 3, 2023

ADNOC Gas, the world-class integrated gas processing company, on Monday announced that it has awarded contracts valued $1.34 billion to Petrofac Emirates LLC Read More

Environment Energy Featured News Regional

Jordan Gets $250 Million World Bank Loan to Improve its Water Services

Global Business Magazine June 28, 2023

In a big relief to the parched regions of Jordan, the World Bank has agreed to provide $250 million in financing to the Read More

Energy Featured News Regional

Oman to Become Middle East’s Top Exporter of Hydrogen by 2030

Global Business Magazine June 13, 2023

If things go as planned, Oman is competing with neighbouring Saudi Arabia and all set to become the biggest exporter of carbon-free Read More

Energy Featured News Regional

Electricity Network in Three Saudi Governorates to be Improved at a Cost of $373 Million 

Global Business Magazine June 12, 2023

Keeping in view of the growing demand for power and reduce carbon emissions, Saudi Electricity Co has decided to further improve electricity Read More

Energy Featured News Regional

Barakah Nuclear Plant’s Fourth Unit Readies for Commissioning

Global Business Magazine June 12, 2023

The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corp (KEPCO) have announced that Unit 4, the fourth and final unit Read More

Energy Featured News Regional

TAQA-led Consortium Secure $620 Million for Mirfa 2 RO Desalination Project

Global Business Magazine June 1, 2023

Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa (Read More

Energy Economy Featured News Regional

Global Oil Industry Needs Investments of $12.1 Trillion by 2045, says OPEC

Global Business Magazine May 15, 2023

Haitham Al Ghais, Secretary General of OPEC, on Sunday said that populations and economies were growing, and the world needs more energy Read More

Energy Business Featured News Regional

UAE Signs Three Agreements with Chinese Entities to Support Low Carbon Nuclear Power

Global Business Magazine May 12, 2023

The UAE’s Emirates Nuclear Energy Corporation (ENEC) has signed three agreements with Chinese nuclear energy entities to advance collaboration between the Read More