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 2030 Six Gulf Cooperation Council countries will make up 50% of MENA GDP by 2015, says IHS in their latest report More than USD1 trillion of investments are needed by...
Booz Allen Announces Top Six Oil and Gas Industry Trends for 2014 Today’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...
Across the UAE, where the average daily temperature in the summer can soar to over 40-degrees celsius (104-degree Fahrenheit) for weeks at a time, it might seem the weather is to blame for the country's huge per capita carbon...
A new report shows the Middle East and North Africa (MENA) region is making a conscious effort to reduce its reliance on hydrocarbons and aggressively move toward renewable energy resources. The MENA Renewables Status Report by the World Future Energy...
The images of the Gulf Oil Spill caused by the negligence of BP are still fresh in people’s minds. President Obama’s early days in office saw the oil spill take place, and continuous efforts were ongoing to plug the...
UAE and Saudi Arabia Score High in GCC Renewable Energy Readiness Index UAE scored 4.75 out of 7, leading the Renewable Energy -Readiness Index, followed closely by Saudi Arabia with 4.60 Assessment Report Calls for Clear Policy and Legal Framework in...
Prime Minister David Cameron inaugurates the world’s largest offshore wind farm. The London Array powers half a million UK homes, with only 175 wind turbines. The completed project produces 630MW of electricity. DONG Energy, E.ON and Masdar officially opened the world’s...
Natural gas is a clean and environmentally-friendly source of energy and will remain a major factor in the world energy supply equation and a driving force for world economic growth, according to Suhail Al Mazrouei, the UAE Minister of...
The Port Victoria Wind Farm delivers clean energy to more than 2,100 homes on Mahé Island, Seychelles. Masdar, Abu Dhabi’s renewable energy company, and the Abu Dhabi Fund for Development (ADFD) today launched a 6-megawatt, eight-turbine wind farm in the...
Despite facing challenges of a weak global economy and volatile domestic politics, the MENA region is showing robust economic performance. According to the QNB Group, the region’s economy will grow by 3.5 to 4 percent this year. Further improvements are...
Power UAE. A report titled Power UAE has been published by research specialists Global Business Reports and it reveals how the UAE power industry will be revolutionised over the next five-to-ten years, as a result of changes in the regional...
IEA Report. World Energy Outlook Special Report 2013: Redrawing the Energy Climate Map. World Energy demand projection. Image courtesy of tqe.quaker.org  Governments have decided collectively that the world needs to limit the average global temperature increase to no more than 2...
A new USD 1.6 billion agreement has been signed between Saudi Arabia and Egypt to link electricity grids between the two countries. Initially, an international tender for the project was planned in 2010. After facing a delay of several years...
Latest figures released by the Organization of Arab Petroleum Exporting Countries (OAPEC) show the annual growth rate of energy consumption in Arab countries at 5.2 percent. Quoting from a monthly OAPEC energy information publication, the Kuwaiti News Agency reports that...
World energy consumption increases every year while the kinds of energy we use is changing, and environmental standards are (unequally) improving worldwide. In short, we are using more energy - but it is 'cleaner' energy. Most of the world's energy...
Although the North American shale revolution is touted to dramatically shift the the dynamics of the global oil industry, the UAE and other OPEC nations remain confident of their future in the global petroleum market. On eve of an OPEC...
The government of UAE expects to produce clean, efficient and reliable nuclear energy to meet its growing energy requirements by the year 2020. According to Sang-jick Yoon, Minister of Trade, Industry and Energy of the Republic of Korea, the future...
UAE solar power capacity to reach 20GW by 2030, predicts Masdar. MENA region requires 120GW in new generation capacity by 2017, costing $250 billion. The UAE could economically deploy 20GW of solar power generation capacity by 2030, if the under-reported 'avoided...
GCC gas contracts worth over USD 68 billion have been awarded to spur production over the next five years. Deloitte's 8th edition white paper, ‘Middle East Energy and Resources: Managing scarcity for the future’ says despite the growing focus on...
The UAE’s nuclear ambitions are right on track as Abu Dhabi prepares to launch work on its second nuclear reactor and it presses ahead with the construction of the Arab world's first atomic power plant. The construction site of the...
Three Qatari government-owned companies have decided to set up a USD 1 billion fund to invest in overseas energy infrastructure projects. An official announcement by Qatar Electricity and Water Company (QEWC) reveals that it would establish the fund in collaboration...
Japan and the UAE have inked a new nuclear accord, focusing on nuclear cooperation and technology transfer to assist with the building of nuclear power plants in the United Arab Emirates. In return for nuclear expertise, Japan has expressed willingness...
A growing and forward thinking organisation called the C40 Initiative, promotes sustainable development for the world’s cities. C40 cities are conducting empirical research to perfect ways to lower CO2 levels and employ programmes such as ‘Reduce, Reuse and Recycle’ within city...
After the completion of Ruwais plant expansion, the UAE is expected to achieve self sufficiency in gasoline by the end of 2014. According to an official of the Abu Dhabi National Oil Company (ADNOC), "we’re trying to increase our capacity...
Abu Dhabi’s renewable energy company Masdar, launched a USD 31.99 million utility-scale, 15 megawatt solar photovoltaic (PV) power plant in the Islamic Republic of Mauritania. The Sheikh Zayed Solar Power Plant is located in the capital city of Nouakchott...
SolarWorld successfully sells large-scale solar projects with overall capacity of 46 megawatts SolarWorld AG has constructed and recently sold, three large-scale solar projects at locations in Germany and the United States, which together comprised a total capacity of 46...
News sources reveal that the future energy mix of Jordan is set to undergo a massive transition as six companies have bid to build the kingdom's first shale oil supplied power plant. According to Jordan Times, the Attarat Power Company...
It was announced on Sunday that the Kaloti Group, one of the world's largest gold and precious metals refiners and trading houses, will be building one of the world's largest gold and precious metal refineries in the Jumeirah Lakes Towers...
The EPA’s newly-proposed Tier 3 rule would cut sulfur levels in American gasoline by two-thirds, and by 2018 the new standard could be fully implemented. According to the EPA, introducing and enforcing the new regulations would cost $3.4 billion between...
The International Monetary Fund has once again called for countries in the Middle East and North Africa to withdraw heavy energy subsidies and instead, focus on social spending. The IMF believes that such subsidies, amounting to about USD 240 billion...
The Chinese government has committed itself to producing 16% of its primary (electrical) energy from renewable sources by 2020 (UNEP) Wind power surpassed nuclear power in 2012 to become China's third-largest energy source. Back in 2007, due to the political leadership...
Revealing it's ambitious growth plans, the CEO of Saudi Arabian Oil Company (Saudi Aramco) has stated that the company is chasing the status of becoming the world’s top producer of refined fuels and petrochemicals. Currently the world’s biggest crude-oil exporter,...
Booz & Company identify the key actions that MENA National Oil Companies today need to take to further enhance their exploration capabilities In recent years, independent oil and gas companies have made major new exploration discoveries, particularly in frontier areas....
President Obama updates America's energy strategy. The President visited the Argonne National Laboratory today in Argonne, Illinois, to give a major speech on the future of American energy. A new, USD 2 billion dollar program called the energy security trust was announced which...
Shell Global Solutions International B.V. has signed a gasification licensed technology agreement with Saudi Aramco, the Kingdom of Saudi Arabia’s fully integrated energy and Chemicals Company, for the largest residue gasification unit to ever be built. The Jazan Integrated Gasification...