COP28 President Dr. Sultan Al Jaber addressed a record number of ministers and delegations from around the world at the opening session of Pre-COP, declaring that the international community needs to unite on climate action and that, “We have to come through. We must unite. We must act. And we must deliver in Dubai.”
One of the hottest trades in the oil market this year is keeping on rolling, with the potential to reshape the value of physical crude cargoes and transform global flows.
Angolan President Joao Lourenco dismissed dos Santos in November 2017, shortly after becoming president. Isabel was the daughter of Lourenco’s predecessor, Jose Eduardo dos Santos. Isabel is believed to be in Dubai.
Vulcan Completion Products (VCP) has cemented its commitment to the growing Middle East market, as a growing team necessitates a move to larger premises.
Lukoil is considering splitting its oil-trading unit and selling a refinery in Italy as it seeks to limit the impact of sanctions and a forthcoming European Union embargo on Russian crude.
By Andrej Kormuth, Ronen Lazarovitch and Clint Steyn, partners at Bracewell
The Middle East’s oil and gas has put the region at the heart of the energy sector the last 100 years. These resources, plus plentiful sunshine, will see it continue to play a major role into the energy transition – but there will be bumps along the way.
The Scottish Chamber of Commerce international network is leading a trade mission to the World Expo in Dubai, aimed at highlighting innovation in clean energy and sustainability from across the country.
As global markets consolidate recovery from the Covid-19 pandemic, LNG markets globally are tightening, with demand growth led by anticipated surge in Asian and Latin America demand.
Gastech, one of the world's largest exhibitions and conferences focused on gas, liquefied natural gas (LNG), and hydrogen, will take place in Dubai, from 21-23 September 2021, instead of Singapore, as previously planned, due to COVID-19 uncertainties and travel restrictions.
Dubai Electric and Water Authority (DEWA) has awarded the fifth phase of a solar park project to a consortium led by ACWA Power claiming a new record price.
The falling cost of renewables offers an opportunity for Middle East and North African states to shift to capitalise on the energy transition – and even export “green molecules” to the world.
Abu Dhabi National Oil Co. (ADNOC) and the Dubai Supply Authority (DUSUP) have signed an agreement to develop the Jebel Ali project, a shallow gas find.
North-east energy services firm Flowline Specialists has delivered its first set of results under new boss Ross Whittingham, who said growth in renewables work vindicated its decision to diversify.