Posted inEnergy Transition

Energy industry needs COP26 ‘post-mortem’: OPEC’s Barkindo

The energy transition must take place at a reasonable pace, and investments are still needed in the sector, according to a ministerial panel at ADIPEC

OPEC Secretary General Mohammad Barkindo has warned that the energy sector must “take stock” and perform a “holistic post-mortem” following the COP26 climate conference. During a panel at ADIPEC in Abu Dhabi, he said that the oil and gas sector was “targeted” during COP26, and that it was “clearly stated that this industry has no […]

Posted inNewsADIPECEnergy Transition

“No light switch” for turning off hydrocarbons: BP CEO

Goals need to be clearly defined for energy transition, Looney said.

The transition away from hydrocarbons towards more climate-friendly alternatives is a long-term approach that requires clear goals in order for success, the CEO of British oil and gas giant BP said on Monday. Governments around the world have begun to speed up policy reforms in line with climate challenge objectives. The global narrative, however, has […]

Posted inNewsADIPEC

Egypt hosting COP 27, UAE hosting COP 28 an opportunity to reach “safe shores in the coming few years”: Tarek El Molla

Global energy transition plans need to be "responsible and responsive," the minister added.

Egypt’s hosting of the COP27 climate conference next year, and the UAE’s hosting of COP28 in 2023, are good opportunities to work together and create initiatives which will help the world navigate through the energy transition and climate change, Egypt’s Minister of Petroleum Tarek El Molla said on Monday. Molla was speaking at ADIPEC 2021, […]

Posted inNewsADIPEC

OPEC+ has delivered more than any other group “anywhere on planet earth”: Prince Abdulaziz bin Salman

The group has maintained stability for global oil markets, Saudi Arabia's oil minister said.

The OPEC+ group has delivered more remarkably than any other group on planet earth and demonstrated a cohesion that has brought stability and sustainability to oil markets, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Monday. Prince Abdulaziz was speaking during the ADIPEC 2021 opening ceremony in a panel focused on shedding light […]

Posted inNewsADIPEC

ADNOC to be on 100% clean energy grid power by January 2022, CEO says at ADIPEC 2021

The announcement is a first in the industry.

Abu Dhabi National Oil Company (ADNOC) is set to receive up to 100 percent of its grid power from clean energy sources by January next year, Sultan Ahmed Al Jaber, the UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC said during the opening ceremony of ADIPEC on Monday. […]

Posted inProducts & Services

QatarEnergy orders six LNG vessels from Korean shipyards for expansion projects

The North Field expansion projects will increase Qatar's LNG production capacity to 126 million tons per annum by 2027

QatarEnergy has placed the first batch of LNG shipbuilding orders with Korean shipyards, consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI), as part of QatarEnergy’s shipbuilding programme to meet its future LNG carrier requirements. The orders came in the form of QatarEnergy’s declaration of […]

Posted inPeople

Reed Smith appoints energy and natural resources disputes partner in Dubai

This is part of the company ongoing expansion of its energy group

Global law firm Reed Smith announced that James Willn has joined the firm as a partner in its Energy & Natural Resources Group in Dubai. With more than 14 years’ experience, Willn advises a broad range of clients, primarily within the offshore oil, gas, construction, energy and maritime industries, on the formation of international contracts and […]

Posted inEventsThe Middle East Energy Awards

Middle East Energy Awards postponed to March 2022!

With record nominations and an overwhelming industry response, we will bring the event back in an expanded form, postponed to March 2022

Following record nominations for the Middle East Energy Awards, the hosting editors have decided to postpone it and organise a gala event in March 2022 to be able to further expand the event. We have received overwhelming response and a record number of nominations have been filed from the key industry players in different categories, […]

Posted inOil & Gas Future ForumEvents

What will industry growth look like in the post-pandemic era?

Find out what the experts said at this year's Oil & Gas Future Forum

There is no doubt that our era will be divided into “pre-COVID” and “post-COVID” periods. But what will the post-COVID energy landscape look like? On 27 October, we gathered experts from across the industry for our second annual Oil & Gas Future Forum, held virtually. Over the course of three discussions, we heard from international […]

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