Mubadala and Tubacex have launched their Abu Dhabi joint venture, activating the region’s first Oil Country Tubular Goods (OCTG) manufacturing platform and TBX Nexxia brand, delivering advanced corrosion-resistant alloy solutions through an end-to-end industrial system....
Abu Dhabi-based Global South Utilities (GSU) has achieved several major milestones in 2025, including the expansion of its renewable energy portfolio across Africa, thus contributing to powering more than 500,000 homes. In Egypt, it was part of an international consortium to develop a $220m solar plant facility. ...
Mubadala Investment Company, an Abu Dhabi–based sovereign investor, today reported strong financial performance in its 2025 annual results with its assets under management growing 17 percent to AED1.4 trillion ($385 billion), with annualised five- and ten-year returns exceeding 10 percent....
Abu Dhabi authorities have announced that one person was killed and four others were wounded in an Iranian drone strike at Habshan gas facilities yesterday. Also two fires broke out at the gas facilities as a result of this incident, stated the authorities, leading to significant damage. ...
The UAE has increased fuel prices sharply for April 2026 amid rising oil prices globally, following the Middle East conflict and closure of Strait of Hormuz by Iran....
Abu Dhabi Department of Energy has confirmed the readiness and efficiency of the emirate's energy and water ecosystem following field visits to several of its vital utility facilities. This comes in line with its efforts to advance sustainability while strengthening energy and water security in the emirate. ...
Abu Dhabi National Oil Company and Austrian group OMV Aktiengesellschaft (OMV) have announced strong progress towards the formation of Borouge Group International, including the signing of an asset usage agreement for the Borouge 4 (B4), an integrated polyolefins production complex in Abu Dhabi. ...
Abu Dhabi authorities and relevant response teams have contained and brought under control a fire that broke out at Shah gas field, caused by a drone attack....
AD Ports Group has joined hands with Abu Dhabi-based Nimex Terminals for the groundbreaking of UAE's first private-sector liquified petroleum gas (LPG) terminal hub at Khalifa Port. The Phase I of the project is likely to be commissioned within the next three years. ...
SLB, an energy technology company, has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international energy company, for the Tangkulo natural gas deepwater development and associated exploration and appraisal drilling activities in the Andaman Sea, offshore Indonesia....
ADNOC Gas and its subsidiaries today announced a record net income of $5.2 billion, a 3% increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. ...
The Abu Dhabi Department of Energy (DoE) has launched the Solar (Photovoltaic) Energy Self-Supply Policy in Abu Dhabi, enabling customers to improve daytime electricity efficiency and increase reliance on clean and renewable energy sources through the adoption of smart and flexible energy-consumption solutions....
Borouge, an Abu Dhabi–based petrochemicals company, has announced financial results for FY2025, with net profit of $1.1 billion, an industry-leading adjusted EBITDA margin of 37 per cent and a net profit margin of 19 per cent for the full year....
XRG, an international energy investment company based in Abu Dhabi, has signed an agreement with the Ministry of Economy of Azerbaijan to acquire an equity stake in Southern Gas Corridor CJSC (SGC)....
The 18th edition of the World Future Energy Summit 2026 (WFES 2026), held from January 13–15 at ADNEC Centre Abu Dhabi as part of Abu Dhabi Sustainability Week, recorded unprecedented participation, hosting more than 51,200 attendees from 124 countries, including 15 heads of state....
Emerald Resources and LVC Global Holdings are merging to form Emerald Global Resources (EGR), an Abu Dhabi–headquartered natural-resource platform. Combining Emerald’s international presence with LVC’s Africa-focused expertise, EGR will operate across metals, minerals, oil and gas, and integrated resource logistics....
NMDC Group, an integrated energy, marine services and EPC specialist in the Mena region, has announced that its business unit has secured a contract from the Department of Municipalities and Transport (DMT) for the execution of dredging and reclamation works in Abu Dhabi. ...
Shandong Electric Power Construction Corporation No. 3 (Sepco3) has announced that work has begun on the 1.5GW Khazna Solar PV Project in Abu Dhabi. The scope of work includes completion of 9.6 million cu m earthwork as well as development of 369,000 PV support piles and 2.8 million PV modules. ...
Abu Dhabi has marked the completion of the first year of its Measurement, Reporting and Verification (MRV) programme, reinforcing the emirate’s position as a regional leader in climate-focused economic competitiveness and investment readiness....
Penspen, a leading international energy consultancy, has secured the project management consultancy (PMC) services contract from the National Oil & Gas Company for the upgrade of the Habshan Gas Compressor Plant in the UAE....
