Christoph Frei, the Secretary General of the World Energy Council said today that the climate challenges and cyber risks are posing a greater threat to the energy system than ever before."Energy frontiers are shifting in a dramatic way and many...
As new fuel prices in the UAE take effect from today, the expat view on rising costs resurfaces with a fresh contextones who readily paid with sweat for the country may not always afford to pay with money...
Fuel Subsidy Reform Is Credit Positive for United Arab Emirates and Abu Dhabi: Moody'sHydrocarbon revenues comprised 75% of the UAE’s consolidated revenues in 2014 UAE fuel subsidies equal $730 per resident per year, compared with $2,810 in Qatar and $2,522...
Global consumer demand for petrol has steadily grown thanks to low oil prices combined with economic growth, according to the International Energy Agency. In 2014, global oil demand was 92.6 million barrels per day, and demand for 2015 is expected...
UAE and Saudi Arabia continues to grow despite lower oil prices, according to the latest Macro report from Crédit Agricole Private Banking UAE new orders grow, and job creation hit three-month high in May’15 Saudi Arabia’s output and new orders expanded,...
IRENA's new complex in Masdar City, Abu Dhabi, is a fitting step forward to its energy missionThe International Renewable Energy Agency (IRENA) reinforced UAE's status as a global energy leader with its newly inaugurated headquarters in Abu Dhabi’s Masdar City...
UAE in talks with Germany to help deploy renewable energy systemsThe UAE and Germany has entered into a dialogue to accelerate the deployment of renewable energy in light of recent solar cost breakthroughs. The inaugural meeting, held with the International Renewable...
An atypical University of Michigan Solar Car squad raced in the inaugural Abu Dhabi Solar Challenge in typical U-M solar car fashion: finishing on top.The Michigan University team has today been awarded first place in the Abu Dhabi Solar...
Renewable power costs plummet, many sources now cheaper than fossil fuels worldwide, reveals latest report from IRENA The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies...
 Iconic racing circuit makes fitting venue for start of world’s greatest solar car eventThe Abu Dhabi Solar Challenge (ADSC), the first International Solarcar Federation (ISF) sanctioned event in the Middle East was launched at Yas Marina Circuit today.The event...
Gulf States Likely to Curtail Record Spending Programs in 2015Gulf States losing about $1 billion dollars a day over the last 6 months due to decline in oil priceTop MENA Officials to Discuss Implications of Oil Market Turmoil on...
Building a Europe based on love and friendship, one of which both Russia and Turkey are members, will make the continent a more peaceful and prosperous place, says Harun Yahya. Until the Industrial Revolution, a nations basic production policies were...
A new analysis presents key trends that will transform the global market over the next decade and beyondWhile crude oil prices are sliding, many companies and governments are cautiously investing in new as well as existing technologies to obtain...
History Repeats Itself - An analysis on the oil price plunge by Harun YahyaThe ongoing conflicts in the Middle East, especially ISIL taking siege of the crucial areas in Iraqi oil regions, and the risks regarding energy security caused...
Turkey growing as an economy with more energy needs, functioning as a transit hub and an importer of diversified energy supplies is a facilitator in all respects - opines Harun YahyaEnergy is a vital need for people since the...
Kuwait National Petroleum Company to invest $40 billion in mega projectsKNPC CEO says the company has embarked on ambitious programme to implement many mega projects with an investment outlay of around $40bnMohammad Ghazi Al-Mutairi, CEO, Kuwait National Petroleum Company...
Petrochemicals grew by US$6bn from 2012- 2013, growing at the rate of 7.3% Petrochemicals revenues reached an all-time high in 2013 hitting the US$89.4 billion mark, the latest industry report by the Gulf Petrochemicals & Chemicals Association (GPCA) revealed.According to the...
East Africa pioneers in worldwide oil and gas discoveries and with accelerated growth of hydrocarbon production; Region’s attractiveness for investment transpires, yet setbacks ahead - according to a report by IHS.East Africa is undergoing a major transformation to become...
Harun Yahya opines that mega projects like TANAP, apart from bringing in huge financial benefits will play an important role in bringing peace and well-being to the region.The Trans Anatolian Natural Gas Pipeline project (TANAP), described in person by...
Masdar, an Abu Dhabi-based energy company has announced a new partnership with the Norwegian energy companies Statoil and Statkraft for a 402 MW offshore wind farm.Masdar acquired a 35% stake in the 402 MW Dudgeon wind farm, which is...
Fujairah, one of the seven Emirate of the UAE is to emerge as a leading Energy Hub.Fujairah, which has built the largest oil export terminal on the Indian Ocean and has plans for one of the largest LNG regasification...
Qatar Solar Energy has launched an enormous solar panel factory in Qatar, and they even want to expand production further to 2.5 GW. Qatar, a country located halfway down the west coast of the Arabian Gulf, has an arid climate...
As Global Energy Consumption is Set to Rise 41 Percent by 2035, ADIPEC 2014’s Theme is “Challenges and Opportunities for the Next 30 Years” The 17th edition of the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC 2014) will kick...
Saudi Arabia has been one of the best-performing G20 economies; however, the key to long-term sustainable economic growth lies in its economic diversification.Saudi Arabia’s reliance on oil for wealth needs no introduction. It accounts for nearly 80% of budget...
Chemicals will be fastest growing industry in Middle East for next three years, as producers move toward higher value products, says IHS.Driven by U.S. shale competition and changing feedstock mix, investments in technology and integration will help chemical industry...
Finance for Resilience (FiRe) selects 12 ideas with significant potential to increase global investment in clean energyThe pre-selection panel of Finance for Resilience has revealed a list of 12 promising ideas to accelerate the flow of finance for clean...
UAE has set a unique precedent in the Middle-eastern region by installing the condenser for its nuclear power plant at Barakah.While many countries are involved in the bid to come out as ‘nuclear super powers’, the United Arab Emirates...
UAE Needs to Curtail Domestic Energy Consumption Habits, Minister of Energy SaysThe United Arab Emirates, with the second largest Arab economy, will develop a diversified and efficient energy portfolio that will sustain future economic growth and extend the country’s...
by Nicholas Brown.Many of the world's countries have been trying to address current or impending water shortages, adopt renewable energy sources, and more. However, while some have made strides, others are struggling. They need ideas, and Masdar is addressing this...
by Nicholas Brown. People often argue about whether the economy or the environment is more important. As they are both critical, we must find a way to protect both. Fortunately, much can be done for both the environment without compromising...
Energy Efficiency can save consumers and businesses money. No matter how 'green' the energy supply is -- it is not as 'green' as conservation. Turning the lights 'Off" or lowering the demand on the air conditioning unit, always results in real...
by Nicholas Brown. At the centre of Dubai's 2020 Expo, a flexible canopy of solar panels will be installed above the crowds to generate electrical energy and to provide shade.Solar canopies are one of the most sustainable solar applications because...
Qatar Non-Hydrocarbon Sector to be Worth Half of Qatar GDP by 2015. QNB Group Economists: 'Non-Hydrocarbon Sector' Infrastructure Investments Are Driving Double-Digit Growth. Future Development in Focus at The Euromoney Qatar Conference.Qatar's real GDP is expected to grow by 6.5...
by Nicholas Brown. Giant lunar solar panel installation planned by Japan will beam the energy back to the Earth via microwave transmissions.Shimizu Corporation, wants to use the moon as a platform for solar power generation. One might wonder why they...
Third Largest Oil and Gas Event in the World convenes in Abu Dhabi, with global policy makers, industry experts, academia and media in attendance.
Middle East & North Africa need $1 trillion energy boost by 2030Six Gulf Cooperation Council countries will make up 50% of MENA GDP by 2015, says IHS in their latest reportMore than USD1 trillion of investments are needed by...
Booz Allen Announces Top Six Oil and Gas Industry Trends for 2014Today’s oil and gas industry executives – including control room operators monitoring use data, chief information security officers analyzing the potential cyber security risks of a new IT...
Estimates of a global consultancy firm show that the GCC could face severe gas shortages as early as 2015 as the supply is struggling to keep pace with the surging demand.Published by Booz & Company, the report titled ‘Gas...
SolarWorld, Germany’s largest but financially struggling solar firm, has approved restructuring efforts and paved the way for acquisition of a large stake in the company by Qatar Solar.Under the comprehensive restructuring plan, Qatar Solar will acquire a 29 percent...
The UAE and Saudi Arabia prepare to raise more than USD 1.5 billion by the end of 2014 to finance new solar energy projects and reshape the future of renewable energy in the region. Both nations are major oil producers...