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UAE Achieves Full Transparency Rating from Nuclear Agency for Third Consecutive Year
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UAE Achieves Full Transparency Rating from Nuclear Agency for Third Consecutive Year

The United Arab Emirates has received the “Full Transparency” rating from the International Atomic Energy Agency (IAEA) for the third consecutive year. This recognition highlights the UAE’s compliance with international non-proliferation agreements and the peaceful use of its nuclear energy program. This achievement is part of the IAEA’s 2024 Safeguards Report, which indicates that all...

UAE Fuel Price Committee Sets Fuel Prices for June 2025
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UAE Fuel Price Committee Sets Fuel Prices for June 2025

The UAE Fuel Price Committee has announced the fuel prices for June 2025. The committee set the price of diesel at AED2.45 per litre. In addition to diesel, the price for Super “98” fuel is set at AED2.58 per litre. The price for Special “95” is AED2.47 per litre, while E-Plus “91” will cost AED2.39...

OMV Exits UAE Gas Project, Sells Stake to Lukoil for $594 Million
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OMV Exits UAE Gas Project, Sells Stake to Lukoil for $594 Million

OMV AG has sold its stake in a $20 billion natural gas concession located off the coast of Abu Dhabi to Russia’s Lukoil PJSC, marking a significant exit from a project that was initially viewed as a means to distance itself from the Kremlin’s energy influence. The Vienna-based company divested its 5% interest in the...

DEWA and Azerishiq Discuss Strategic Partnership for Sustainable Energy Goals
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DEWA and Azerishiq Discuss Strategic Partnership for Sustainable Energy Goals

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), recently welcomed Vugar Ahmadov, Chairman & CEO of Azerishiq, the electrical grid operator in Baku, Azerbaijan. Their meeting aimed to discuss shared ambitions in fostering innovation and sustainability within the energy sector. Credit: DEWA The discussions included key DEWA executives...

TAQA to Invest Over $10 Billion in Abu Dhabi's Data Centre Power Needs
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TAQA to Invest Over $10 Billion in Abu Dhabi’s Data Centre Power Needs

Abu Dhabi National Energy Company (TAQA) is set to enhance the emirate’s growing data and artificial intelligence sector, with plans for investments that will exceed AED37 billion ($10 billion) to meet the power demands of the data centre industry. This initiative is part of TAQA’s broader strategy to provide clean, certified, and reliable energy for...

UAE and France Strengthen Cooperation in Hydrogen and Nuclear Energy
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UAE and France Strengthen Cooperation in Hydrogen and Nuclear Energy

A delegation from the UAE recently concluded a three-day visit to France, where they engaged in discussions about opportunities for cooperation and shared best practices with key French stakeholders. The meetings focused on innovative approaches to addressing the challenges posed by the energy transition. This visit is part of the UAE’s broader strategy to foster...