The Middle East Energy

Displaying 61 - 66 of 334

 

Increasing gas production has been one of the most significant trends in Abu Dhabi’s energy sector over the past decade. Since 2010 annual production has increased by nearly 50% to 3.1trn standard cu feet (scf) in 2017, according to Statistics Centre - Abu Dhabi. The trend reflects the emirate’s increasing efforts to increase the extraction of...

 

Over the next five years Abu Dhabi National Oil Company (ADNOC), already one of the world’s biggest energy companies, plans to invest $45bn to become a global leader in the downstream segment, as part of its 2030 growth strategy. Central to this is the development of the Ruwais complex into the world’s largest integrated refining and chemicals...

 

The Dubai Electricity and Water Authority (DEWA) is striving to harness the potential of renewable energy. As part of these plans, the Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park) was launched in 2012. Future developments at the plant will see solar energy generation capacity increasing to 1000 MW by 2020 and 5000 MW by 2050 –...

 

Although Dubai’s growth and prosperity have been fuelled by its proximity to oil, its own modest hydrocarbons endowment accounted for just 1.3% of the emirate’s GDP in 2016. Energy’s contribution to national GDP in recent years has averaged around 45% for the UAE as a whole, but only about 5% in Dubai. Still, Dubai operates as a centre for oil...

 

Dubai Electricity and Water Authority (DEWA) announced in October 2018 that it was awarding Dh93m ($25.3m) worth of orders for 990 transformers. The transformers, sourced from a number of global manufacturers, will be equipped with smart meters and used to increase the capacity, efficiency and reliability of power distribution in Dubai. “The...

 

Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, most recently, the Paris Agreement. Investment in and development of renewable...

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