Thursday 2 July 2015
 
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Energy

Innovation ‘key to achieving progress in energy sector’

Innovation is key to achieving progress in the energy sector in today’s economic environment, according to Abu Dhabi industry leaders. As regional and global oil and gas companies continue to submit their nominations for the

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Abu Dhabi mulls merger to rescue troubled Taqa

Abu Dhabi may merge its national energy company Taqa into another state-owned business to make the company's crippling debts more manageable. Founded in 2005 and the only listed quasi-sovereign company in the emirate, Abu Dhabi Nati

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Abu Dhabi mulls merger to rescue troubled Taqa

Abu Dhabi may merge its national energy company Taqa into another state-owned business to make the company's crippling debts more manageable. Founded in 2005 and the only listed quasi-sovereign company in the emirate, Abu Dhabi Nati

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Saltire chief wins ‘entrepreneur of the year’ award

A top executive of leading supplier of drilling tools to the offshore oil and gas industry Saltire Energy was named the overall winner of the EY Scotland Entrepreneur of the Year Awards 2015. Chief executive Mike Loggie was chosen

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MEDC focuses on electricity conservation drive

Muscat Electricity Distribution Company (MEDC), a part of Nama Group, is continuing its electricity conservation campaign with the co-operation of the Al Rahma Charity Group. The campaign focuses on many different activities which

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Lower energy exports widen Algeria trade deficit

Opec member Algeria recorded a trade deficit of $6.3 billion for the first five months of 2015, compared to a $3.44 billion surplus a year earlier, due to lower energy earnings after global oil prices slumped, official data showed.

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Lower energy exports widen Algeria trade deficit

Opec member Algeria recorded a trade deficit of $6.3 billion for the first five months of 2015, compared to a $3.44 billion surplus a year earlier, due to lower energy earnings after global oil prices slumped, official data showed.

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Saudi, Russia sign nuclear power co-operation deal

Saudi Arabia and Russia have signed an agreement to co-operate on nuclear energy development, a Saudi Arabian government body in charge of such projects said. The government body, the King Abdullah City for Atomic and Renewable En

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Greenstone to raise $168m for geothermal energy projects

Greenstone Equity Partners, a leading independent fund placement firm in the Middle East, has collaborated with Deutsche ErdWärme, a Karlsruhe, Germany-based geothermal development company, to raise up to €150 million ($168.8 million)

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Greenstone to raise $168m for geothermal energy projects

Greenstone Equity Partners, a leading independent fund placement firm in the Middle East, has collaborated with Deutsche ErdWärme, a Karlsruhe, Germany-based geothermal development company, to raise up to €150 million ($168.8 million)

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