Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe

Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…

Cyprus Greenlights €1.9 Billion Undersea Cable to Connect with Greece

Cyprus has approved the construction of a €1.9 billion ($2.1 billion) undersea electricity cable to connect…

Falcon Energy and Hensen Partner to Build Anode Plant in Morocco

UAE-based Falcon Energy Materials plc has entered into a technical and strategic partnership with China’s Hensen…

Abu Dhabi Unveils 5,000 MW Gas Power Boost for AI Strategy

Abu Dhabi will boost its energy infrastructure by developing 5,000 megawatts (MW) of new gas-fired power…

South Africa Seeks India’s Energy Insights

Deputy President Paul Mashatile emphasised South Africa’s interest in learning from India’s rural electrification and renewable…

Eni Sells Nigerian Assets, Boosts Mozambique LNG

Italian energy giant Eni has sold its Nigerian onshore oil and gas assets. The company transferred…

EWEC Opens Registration for Q3 2024 Clean Energy Certificates Auction

Emirates Water and Electricity Company (EWEC) has announced the registration opening for its Q3 2024 Clean…

Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

Masdar has stated that it has agreed with Endesa SA to become a partner for 2.5…

Masdar Raises $1Billion with Green Bond

Masdar said its second green bond issuance on the London Stock Exchange had raised $1 billion,…

Shell, Total, BP and Mitsui Secure 40% Stake in ADNOC’s Ruwais LNG

Shell, TotalEnergies, BP, and Japan’s Mitsui have a 40 per cent stake in the Abu Dhabi…