Zayed Future Energy Prize seeks to enhance submissions from African Clean Energy Sector for 2014 Edition

Submissions to this year's edition are open until5 August for all five categories of the Prize including large corporations, small and medium enterprises (SME), non-governmental organizations (NGO), individual lifetime achievement and global high schools.

Last year, the Prize received 54 submissions from Africa. The Kirya Secondary School in Tanzania emerged as winners of the US$100,000 Global High Schools Prize for the Africa region.

Dr Sultan Ahmed Al Jaber, Director of the Zayed Future Energy Prize, said: "Africa represents large growth potential in the renewable energy sector,...

Petroleum Development Oman and GlassPoint Commission the Middle East’s First Solar EOR Project

Enclosed Trough system uses the sun’s energy to produce steam for thermal EOR; exceeded contracted performance by 10 percent in first test

Petroleum Development Oman (PDO), the largest producer of oil and gas in Oman, and GlassPoint"......

Kuwait urges more focus on peaceful nuclear training

A Kuwaiti official called here on Sunday on Arab countries to attach more attention to training courses for peaceful nuclear energy usage programs.

"There should be more focus on training courses for the programs of peaceful nuclear energy uses," Assistant Undersecretary of the Kuwaiti Ministry of Electricity and Water Eng. Fuad Al-Oun told KUNA at the wrapping-up of the conference of the Arab Atomic Energy Agency (AAEA).

Al-Oun, who led the participating Kuwaiti delegation, urged those AAEA member states which have failed to pay their financial contributions to the AAEA to do so...

Forbes ranks TAQA top UAE energy company, 2nd energy company in Arab World

The award was presented to TAQA's Executive Officer and Head of Energy Solutions division, Dr Saif Al Sayari by UAE Minister for Culture, Youth & Community Development, H.E. Sheikh Nahayan Mabarak Al Nahayan during the 's Top 500 Companies in the Arab World awards ceremony in Abu Dhabi yesterday.

Dr Saif Al Sayari, TAQA's Executive Officer and Head of Energy Solutions division, said: "We are honoured to receive this prestigious award from Forbes which is one of the best known business media brands in the world. I would like to share this recognition with our teams providing energy...

RAK Petroleum shareholders approve proposed restructuring

The proposed restructuring includes the transfer of substantially all of the Company's assets to a newly formed Dutch company that will be owned by a newly formed UK company in exchange for shares of the UK company. Shares in the UK company will then be issued on a pro rata basis directly to the Company's shareholders as a return of capital.

The assets to be transferred include the 42.8 percent of the shares of DNO International ASA held by the Company. The Oslo Stock Exchange has been informed and granted an exemption from its mandatory offer rules for these transfers.

To facilitate...

Emirates Gas to highlight 'green fuel' solutions at CNG-NGV's ANGVA Forum 2013 in Dubai

One of the most important networking platforms that promotes the utilisation of CNG as a greener and cleaner fuel for vehicles including public transport, the ANGVA Forum 2013 features several prominent keynote speakers, who share their views on the global trends in the sector.

Specialised roundtables are being held that address the various facets of safer and sustainable NGV infrastructure development in the UAE, Qatar and the wider Gulf region.

Other aspects being discussed cover the use of natural gas in the transport sector, country/city updates on CNG infrastructure development...

RAK Petroleum announces record profits, new acquisition

The Company holds a 42.8% shareholding in DNO International ASA. DNO International is a publicly traded Norwegian oil and gas company with assets predominantly in the Middle East (Kurdistan Region of Iraq, Yemen, Oman, United Arab Emirates, Tunisia and Somaliland). Under equity accounting rules for associated companies RAK Petroleum assumes a proportionate share of DNO International's profit and loss in its own financial results. As at yearend 2012, the Company's stake in DNO International had a market value of Dhs2,684.3m although the DNO International position is carried on the Company's balance...

Atlas strengthens its position in Abu Dhabi with appointment of CERT as its new partner

Atlas has expanded rapidly over the last three years in Abu Dhabi and the Middle East, due to its focus on delivering skills, competency and compliance solutions, through innovative learning technologies. The International Minimum Industry Safety Training (IMIST) online programme for example, has now been launched in Abu Dhabi and across the region and is making a real contribution to safety.

CERT and Atlas will be promoting Atlas' award winning e-learning courses, IMIST Online and its bespoke and competency management solutions to the ADNOC group, international oil companies and services...

Shell discusses future of energy at International Energy Forum in Riyadh

Called "New Lens Scenarios", the Shell outlook developed by a group of economic, political and energy experts explores different views of how the future might unfold to improve our understanding of the world's energy system in an era of shifting global dynamics.

"The global financial crisis has ushered in an era of macro-economic volatility and has accelerated the shift in influence from West to East. Hundreds of millions of people in emerging economies are moving out of poverty as global wealth levels rise, but at the same time, rising wealth generating stresses on the world's energy,...