Energy UAE Edition
Latest News
L&T delivers critical equipment to GCC customers amid lockdown
The heavy engineering arm of Larsen & Toubro ensured dispatch of critical reactors, coke drums and sub-assemblies of nuclear fusion reactor
Tadweer launches mobile medical waste incinerators
The incinerators are operated at Al Mafraq Hospital
Prince Hamzah Hospital switches to sustainable lighting under UAE initiative
Solar-powered LED lights are installed at Amman's Prince Hamzah Hospital
UAE-based private utility to raise $500mln sukuk
The company has sounded out to several financial institutions including Citi for the sukuk issuance
ENEC completes significant test for Unit 4 at Barakah
ENEC is currently in the final stages of construction of units 2, 3 and 4 of the Barakah Nuclear Energy Plant
Drydocks World commences conversion project
Drydocks World will convert a drill ship YAN into an offshore installation vessel named Bokalift 2.
UAE boosts energy transition readiness
The coronavirus pandemic offers an opportunity to consider unorthodox intervention in the energy markets and global collaboration to support a recovery.
G20 water deputies meeting discusses significant water challenges during COVID19 pandemic
Water policy discussions aim to address the significant water challenges facing G20 countries
$108.9mln in Q1 2020 net profit: ADNOC Distribution
It has ample liquidity to weather immediate impacts of Covid-19
Weir Oil & Gas consolidates Mideast presence with Iraq deal
Weir Oil & Gas is focused on leveraging its pressure control and oilfield services offerings
Insights
OPEC+ must plan exit strategy: Kemp
OPEC's biggest problem has always been increasing output in a timely manner after a price slump
Coronavirus asks questions of renewables as well as oil
With global supply chains now in a state of flux, the role of China as the leading global manufacturing hub for renewable energy could also be under threat
Hedge funds build large bullish position in WTI: Kemp
U.S. shale producers are cutting output hard