A string of investments in both conventional and alternative resources is ensuring that Abu Dhabi sits at the very centre of the global energy map. The UAE increased production by approximately 14.2% during 2011 to 3m bpd of crude and condensate, faster than any other country in the GCC region. Yet despite vast reserves promising more than 80 years of production at current rates and conditions,...
The Middle East Energy
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Articles & Analysis | Well-laid plans: Rising efficiency and increasing innovation help chart a course for energy security from The Report: Dubai 2013
In 1937, decades before the UAE had been established, Dubai concluded its first oil concession deal with Petroleum Development Trucial Coast (PDTC), a British oil company. It was not until 1952 that the first drilling began, and not until 1966 that a commercially viable oil field was found.
Articles & Analysis | Playing the long game: An integrated strategy mapping a more sustainable model from The Report: Dubai 2013
Developed in 2010 and initiated in 2011, the Dubai Integrated Energy Strategy 2030 (DIES) aims to guide the emirate’s energy sector toward sustainability and enhanced efficiency. Responsible for executing the plan is the Dubai Supreme Council of Energy (DSCE), a governing body made up of key stakeholders.
Interviews & Viewpoints | OBG talks to Saeed Khoory, CEO, Emirates National Oil Company (ENOC) from The Report: Dubai 2013
How can the UAE help meet the growing demand for oil and gas from Asia’s emerging markets?
Interviews & Viewpoints | OBG talks to Saeed Mohammed Al Tayer, Vice-Chairman, Dubai Supreme Council of Energy from The Report: Dubai 2013
Where will proposed investment be focused in order to reduce dependency on fossil fuels?
Articles & Analysis | Closing the loop: Gearing up to boost renewables and cut emissions from The Report: Dubai 2013
Although the UAE population’s stood at 8.2m in 2010, according to the latest information from the UAE’s National Bureau of Statistics, the country’s per capita energy consumption is one of the highest in the world. A combination of factors like high per capita income and a warm climate contribute to the rate of energy usage. Dubai has one of the...