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Dubai’s DEWA awards deal for $67.5m water network extension

Dubai’s DEWA awards deal for $67.5m water network extension

Dubai Electricity and Water Authority says 40km of water pipelines will be added under new contract ...

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Monaco’s Prince Albert hails UAE green energy ambitions

Monaco’s Prince Albert hails UAE green energy ambitions

Prince of Monaco full of praise over renewable energy efforts during visit to UAE pavilion at the Expo 2017 in Astana ...

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Bahrain, Oman ‘most vulnerable’ in new era of low oil prices

Bahrain, Oman ‘most vulnerable’ in new era of low oil prices

Bank of America Merrill Lynch says Kuwait is in strongest position as oil prices continue to slide ...

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Dubai’s Dodsal wins deal for $1.1bn Algeria gas project

Dubai’s Dodsal wins deal for $1.1bn Algeria gas project

Company is awarded contract from Sonatrach, Algeria's state energy producer ...

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Saudi Arabia expects global oil market to balance in Q4

Saudi Arabia expects global oil market to balance in Q4

Saudi Energy Minister Khalid Al-Falih says forecast takes into account the rise of shale oil production ...

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Mubadala says to sell stake in UAE’s Tabreed to Engie

Mubadala says to sell stake in UAE’s Tabreed to Engie

UAE fund will retain 42% shareholding in cooling firm under the deal with French energy giant ...

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UAE to save $190bn with new energy strategy, says minister

UAE to save $190bn with new energy strategy, says minister

Suhail bin Mohammed Faraj Faris Al Mazrouei UAE energy strategy to save up to AED700 billion by 2050 ...

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Dana Gas bid to void debt stuns analysts who question motive

Dana Gas bid to void debt stuns analysts who question motive

Sharjah-based Dana Gas said it no longer considered its two Islamic bonds totalling $700m compliant under UAE law ...

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Dubai’s DEWA hires firm for $520m hydroelectric plant

Dubai’s DEWA hires firm for $520m hydroelectric plant

French energy giant EDF is appointed as consultant for Hatta Dam hydroelectric power station project ...

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Financing complete on phase 3 of Dubai’s giant solar park

Financing complete on phase 3 of Dubai’s giant solar park

800MW photovoltaic plant will be the largest of its kind in the world on completion in 2020 ...

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Energy prices could soar on prolonged Gulf crisis, say analysts

Energy prices could soar on prolonged Gulf crisis, say analysts

Experts say that if diplomatic spat disrupts Qatar's gas supplies, prices could go through the roof ...

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Oil output set to outpace demand in 2018: IEA

Oil output set to outpace demand in 2018: IEA

IEA suggested that the dynamism of US producers could prove a headache for exporters ...

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UAE’s Dana Gas plans profit rate cut on $700m sukuk

UAE’s Dana Gas plans profit rate cut on $700m sukuk

Energy firm's move comes as Islamic bonds were found to be non-compliant with religious law ...

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Oil rises after third weekly loss as Saudi Arabia sees recovery

Oil rises after third weekly loss as Saudi Arabia sees recovery

Saudi Arabia’s oil allocations to customers will be cut for July compared with the previous month ...

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Oil extends gains as Saudis see global supply drop accelerating

Oil extends gains as Saudis see global supply drop accelerating

Oil is trading below $50 a barrel amid speculation increased US supplies will counter OPEC production curbs ...

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