The Hashemite Kingdom of Jordan has recently signed pivotal agreements aimed at introducing natural gas into two of its industrial cities, backed by financial support from the United Arab Emirates (UAE). This move, confirmed by Saleh Kharabsheh, Jordan’s Minister of Energy and Mineral Resources, underscores the significance of diversifying energy sources, particularly for industrial sectors...
On Wednesday, the Jordanian Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, formalized agreements aimed at enhancing the energy landscape of the nation by signing contracts for natural gas supply pipelines to serve the Al-Muwaqqar and Al-Rawda industrial cities. This initiative comes with crucial backing and financing from the Abu Dhabi Fund for Development, marking...
The Abu Dhabi Power Corporation’s subsidiary, L’imad, has successfully completed the acquisition of Taqa, which now results in Taqa being completely owned by L’imad. This acquisition paves the way for Taqa’s delisting from the Abu Dhabi Securities Exchange (ADX), signaling a significant shift in the market dynamics for utility companies within the region. With Taqa’s...
The Abu Dhabi National Oil Company (Adnoc) has formally announced its selection of Reatile Oil & Gas as its Black Economic Empowerment (BEE) partner in a substantial deal involving Shell. This collaboration, valued at approximately 16 billion dirhams (around $4.34 billion), signifies a pivotal moment in Adnoc’s strategy to cement its international presence and diversify...
The UAE has officially announced its backing for the ambitious Nigeria-Morocco gas pipeline project, an investment that amounts to $25 billion. This project is significant as it represents a major step in enhancing energy connectivity within Africa and potentially expanding into Europe. The gas pipeline aims to link Nigeria, home to considerable natural gas reserves,...
In a significant transformation, KPI Green Energy is evolving from a traditional solar engineering, procurement, and construction (EPC) focus into a comprehensive integrated renewable-energy platform. The company is expanding its footprint to include independent power producer (IPP) operations, wind energy, and battery energy storage systems (BESS). As of June 2026, KPI Green has amassed a...
The strategic landscape of oil transportation in the Gulf region is witnessing a significant shift, as revelations about oil movement in the Strait of Hormuz come to light. US Energy Secretary Chris Wright has stated that approximately 9 million barrels of oil transit through Hormuz daily, underscoring its importance as a global oil chokepoint. However,...
British oil and gas giant BP is set to re-enter Venezuela after being granted a license to develop the offshore Loran gas field in partnership with state-backed entities from the UAE and Qatar. This development signifies a notable shift in Venezuela’s energy policy, which has been gradually reopening to foreign investment following various geopolitical changes...
Global South Utilities (GSU), a company based in Abu Dhabi, has officially opened a significant solar power facility in the Central African Republic with a capacity of 50 megawatts. This marks a pivotal moment in the nation’s development, as it represents the largest infrastructure project in the country’s history, aimed at dramatically enhancing the national...
The recent announcement that the United Arab Emirates (UAE) is stepping away from the Organization of the Petroleum Exporting Countries (OPEC) marks a significant turning point in the global oil landscape. This unprecedented move has raised questions about the future of the Gulf’s oil production and the shifting dynamics of power within the region. Historically,...