Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday.
read more... 04/12/2023
The United States, the European Union, and the United Arab Emirates are looking to drum up new recruits in the form of other governments to sign onto a global deal that seeks to triple renewable energy investment, according to new documents seen by Reuters.
read more... 02/11/2023
The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035, U.S. Secretary of State Antony Blinken said on Tuesday.
read more... 02/11/2022
German vice-chancellor Robert Habeck has secured several hydrogen cooperation contracts with the United Arab Emirates (UAE), with the first blue hydrogen expected to be shipped to Germany in 2022.
read more... 22/03/2022
Oil prices saw their biggest one-day plunge in over three months on Wednesday following comments from the Ukrainian government that they would be willing to compromise in order to end the ongoing war. In addition, there were reports that the UAE would call on OPEC+ to increase output more aggressively. Hence, Brent crude plummeted by 13% to settle at $111.14 a barrel. U.S. WTI crude WTI crude oil tumbled by 12% to settle at $108.7 per barrel.
read more... 10/03/2022