UAE economy to grow 2.5% in 2020: IMF
The UAE economy’s projected growth will be driven by the energy sector, World Expo 2020 and bold reforms...
Tag : energy
4th Annual Power Tech Africa to boost Africa’s renewable energy market
Kenya aims to produce 19,200 MW of electricity exceeding the demand of 15,000 MW by 2030...
Petronas to commit 5% of expenditure for renewable energy
Demand for gas to increase by 3.5% to 4% each year over the next five years...
Adnoc, Eni to tap into new opportunities in oil and gas sector
They will explore opportunities in carbon capture utilisation and storage as well as research and development...
EBRD to finance Masdar, Infinity joint projects for up to $60 mn
The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt...
Adnoc lures foreign investors to explore new financing options
The oil giant has raised more than $19 billion from foreign investors in the last three years...
Saudi Arabia creates ‘renewable energy strategy’ to free up oil exports
A good energy mix is crucial to the Kingdom’s long-term economic prosperity...
ADFD to fund $105 million for energy projects in 8 countries
The IRENA-ADFD alliance has a cumulative funding of $350 million till now...
Renewable energy to help Oman save up to $1 bn
Oman plans to generate at least 10% of its energy demands from renewables...
Lukoil: Russia’s oil production to reach 12 bpd by 2035
Currently, Russia pumps around 11.2 million bpd of oil and condensate...