H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah, chaired the Energy Council’s second meeting on June 2, 2025. The meeting took place at the Ruler’s Office and was attended by key officials, including H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, the Deputy Ruler of...
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 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...
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...
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...
Saudi Arabia’s ACWA Power announced on May 29 that it has signed a preliminary agreement to develop up to 12.5 gigawatts of renewable energy generating capacity in Malaysia. The initial investment for this project is set to reach up to $10 billion. The renewable energy utility confirmed in a statement that it has entered into...
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...
The Abu Dhabi Department of Energy (DoE) has signed a Memorandum of Understanding (MoU) with the Global Climate Finance Centre (GCFC) during the 2025 World Utilities Congress. This agreement was made in a high-level consultation co-hosted by the DoE and GCFC as part of the preparations for the 2026 United Nations Water Conference. The GCFC...
Abu Dhabi National Energy Company’s subsidiary, TAQA Distribution, has signed a Memorandum of Understanding (MoU) with Abu Dhabi Airports. This agreement, made at the World Utilities Congress 2025, aims to explore ways to improve the management of power and water infrastructure while integrating advanced technologies into the existing and future utilities networks across all airports...
Al Fanar Gas Group, a leading gas and energy solutions provider in the UAE, has signed a strategic Memorandum of Understanding with Siemens Energy, a global leader in energy technology. This collaboration aims to promote decarbonization and drive clean energy innovation throughout the UAE. The agreement was finalized during the World Utilities Congress 2025 held...