#energy sector
6 articles with this tag
EconomyWelsh Firms Target UAE Energy Market for Significant Growth at Adipec
Welsh companies are attending Adipec in Abu Dhabi to boost business in the UAE energy sector, with firms like Holyhead Towing and Tomoe Valve already seeing significant revenue from the region. Clenergy EV is also exploring opportunities in the UAE's growing charging infrastructure market.
EconomyVenezuela Overhauls Hydrocarbon Law to Attract Global Energy Investment Amidst Reforms
Venezuela is reforming its hydrocarbon law to attract more international investment in its energy sector, introducing private participation and improved conditions. Despite ongoing sanctions, the country has signed numerous agreements and is seeing significant investment pledges from companies like Chevron and TotalEnergies.
TechnologyEnergy Sector Skyrockets AI Investment, But Power Infrastructure Concerns Loom
A new study by Adnoc, XRG, and Microsoft reveals that nearly 90% of energy leaders increased AI spending last year, with many expecting significant returns. However, concerns persist about existing power infrastructure's ability to handle the growing electricity demands of AI.
EconomyEgypt Denies Plans to Raise Fuel Prices or Implement Power Cuts Amidst Misinformation Concerns
The Egyptian government has denied any plans to raise fuel prices or implement electricity load-shedding, urging citizens to verify information and rely on official sources amidst concerns about misinformation.
EconomyQatar to Fund and Operate Major Electricity Project in Lebanon, Boosting Ailing Energy Sector
Qatar has pledged to finance, operate, and modernize Lebanon's energy sector through a new electricity project, aiming to provide a stable and affordable power supply. This initiative, developed in partnership with TotalEnergies, seeks to alleviate Lebanon's dire electricity situation and support its struggling economy.
EconomyAdnoc Academy Launches Landmark Training Drive to Empower Emirati Women in Energy Sector
Adnoc Technical Academy is welcoming Emirati women into its training programme for the first time, offering a 24-month diploma to prepare them for critical technical roles in the UAE energy sector.