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Energy

The future is bright and full of possibilities with the renewable energy revolution! Transforming the way we power our homes, businesses, and communities, switching to renewable energy sources is the key to a cleaner, healthier tomorrow. From wind turbines to solar panels, the options are limitless and the benefits are clear. Let's power up for a greener tomorrow and make a positive impact on our planet!...

In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, AD Ports Group signed a strategic partnership agreement with Kazakh National Oil Company (KazMunayGas) and a Memorandum of Understanding (MoU) with the Kazakhstan Ministry of Industry and Infrastructural Development for strategic cooperation in developing a marine fleet and coastal infrastructure in the Caspian and Black Seas. The agreements build on the shareholder agreement signed in December with KMTF (Kazmortransflot), a subsidiary...

ADNOC, a responsible provider of reliable, lower-carbon intensity energy, announced today that it has signed a memorandum of understanding (MoU) with thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group that specialises in chemical engineering, to explore a long-term partnership to create new markets for hydrogen and promote global clean energy value chains. Signed at Abu Dhabi Sustainability Week (ADSW), the agreement will focus on the development of projects for large-scale ammonia cracking, which is used to extract hydrogen from ammonia after...

The UAE and Japan on Monday signed several agreements and memoranda of understanding (MoU) to help accelerate the energy transition and the adoption of technology in industry. Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and UAE Special Envoy to Japan, met with Yasutoshi Nishimura, Japan's Minister of Economy, Trade and Industry, on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2023, to discuss the countries’ strong bilateral relations. The ministers discussed ways to further strengthen the UAE’s...

Masdar, one of the world’s leading clean energy companies, has signed joint development agreements with the State Oil Company of the Republic of Azerbaijan (SOCAR), for onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a total combined capacity of 4 gigawatts (GW). The agreements were signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Rovshan Najaf, President of SOCAR, on the sidelines of Abu Dhabi Sustainability Week, the global platform for accelerating...

The Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Ministry of Energy and Infrastructure (MoEI) and Schneider Electric today announced the findings of a nationwide assessment of industrial companies that is designed to help enhance energy efficiency in the industrial sector ahead of the 28th UN Climate Change Conference (COP28) later this year. Announced during Abu Dhabi Sustainability Week (ADSW), the assessment is the result of a partnership between MoIAT, MoEI and Schneider Electric, which is a member...

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, announced today at Abu Dhabi Sustainability Week (ADSW) that it has begun work on the world's first fully sequestered carbon dioxide (CO2) injection well in a carbonate saline aquifer. The project, which is expected to begin injecting CO2 in Q2 2023, marks another important step in ADNOC's commitment to decarbonise its operations, reduce its carbon intensity by 25% by 2030 and deliver on its Net Zero by 2050 ambition. Yaser Saeed Almazrouei,...

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) announced today the signing of a shareholder agreement with Fertiglobe, GS Energy Corporation (GS Energy) and Mitsui & Co., Ltd. (Mitsui), to develop an anticipated 1 million tons per annum low-carbon ammonia production facility at the TA’ZIZ Industrial Chemicals Zone. The move is a further step in the project’s journey towards a final investment decision (FID). The facility will reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalise on the growing...

ADNOC maintained in 2023 its position as the UAE's most valuable brand for the fifth consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy. ADNOC's brand value increased by 11% year-on-year to reach $14.2 billion in 2023, an ADNOC statement said on Wednesday. ADNOC Brand Strength Index increased from 79.1 points to 79.4 points, maintaining its “AA+” rating. Globally amongst all brands, ADNOC climbed 28 places to 138th place from 167th in 2022. Within the...

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