ADNOC launches BLUE AMMONIA Exports

The UAE has announced that it has reached an agreement with Japan for the export of its first batch of blue ammonia to the far eastern country. The deal has been struck between the state-owned Abu Dhabi National Oil Company (ADNOC), its Dutch partner OCI NV and Japanese firm Itochu Corporation.

Although the deal is expected to be the first of many, no facts, figures or exact timelines were r...

Why are OIL FIRMS selling assets?

Saudi Aramco appear to be following the example of the Abu Dhabi National Oil Company (ADNOC) in selling off stakes in their energy assets, according to sources within the sector. They companies are expecting to raise tens of billions of dollars as they attempt to diversify their economic portfolios in a world where fossil fuels are increasingly maligned for their environmental impact.

The m...

How is IKEA using BIOFUELS?

The world-famous home furnishing company IKEA, which is headquartered in Sweden, has made headlines in the UAE by switching to biofuels in its delivery vehicles. The move is expected to reduce carbon emissions by up to 90% and serve as part of the company’s overall strategy to achieve emission-free deliveries within four years.

As a readily available alternative to diesel which requires no s...

Is there an ECO-FRIENDLY alternative to Concrete?

The UAE Pavilion is currently home to a prototype structure constructed completely from sustainable alternatives to cement and concrete. Erected to coincide with the Venice Architecture Biennale 2021, the exhibition is named Wetland and demonstrates that it is possible for the construction industry to become more sustainable going forwards.

The main element of the prototype which makes it ec...

How will the UAE become an OIL HUB?

The UAE has announced three major new developments that are intended to strengthen its position as an oil hub in the Middle East and prevent the pervasive creep of Chinese influence in the area. All three developments are in keeping with the UAE’s role as a major stakeholder in the USA’s strategy for the Gulf region.

The first development will focus on a significant expansion of the country’...

Does the UAE use BIOFUELS?

A Dubai-based firm has become the first in the UAE to receive official approval for its biodiesel. Neutral Fuels, who specialise in creating high-quality biofuels, were awarded certification under the recently introduced Emirates Authority for Standardisation and Metrology (ESMA) biofuel quality standard.

The landmark accreditation proves that products manufactured by Neutral Fuels meet all ...

ADNOC aiming for CARBON CAPTURE TECHNOLOGY partnerships

The Abu Dhabi National Oil Company (ADNOC) has announced its intention to enter into partnerships with technological frontrunners in the field of carbon capture, utilisation and storage (CCUS). According to the company’s CEO, such technologies will comprise a central component of any strategy to achieve the nation’s climate goals in the coming years.

Although the UAE is planning to diversify...

When will the OIL MARKET Rebalance?

The UAE’s Energy Minister Suhail Al Mazroui has indicated that he expects the global oil market will rebalance by the beginning of 2022. Speaking at the Gulf Intelligence Global UAE Energy Forum, Al Mazroui offered an optimistic outlook on the imminent future for the oil market, after a disastrous spell brought about the coronavirus pandemic.

However, Al Mazroui was careful to warn that such...

Is ADNOC turning to HYDROGEN?

The Abu Dhabi National Oil Company (ADNOC) has announced partnerships with two of the country’s sovereign wealth funds, as it bids to diversify its energy portfolio by moving into hydrogen. The UAE economy has historically been built upon the extraction and exportation of oil and gas, but a changing of the times has instigated a robust response from the Emirati government.

By signing deals w...

Are pipelines the key to Oil Security?

The establishment of pipelines connecting the Middle East to the rest of the world could be crucial to guaranteeing global oil security, according to outgoing US Energy Secretary Dan Brouillette. Brouillette visited Abu Dhabi last month to meet with high-ranking officials from regional powers and discuss the possibility of diversifying the transportation methods used to ferry oil to Asia, Europ...