G M Polyplast Limited, a prominent player in manufacturing high-quality plastic sheets and granules, has reported revenues of ₹4,292.38 lakhs for the first half of FY25. While the figure marks a marginal decline from ₹4,349.48 lakhs during the same period last year, the company remains steadfast in its vision of market expansion and sustainable innovation. […]
GAIL (India) Limited has signed a landmark 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas, marking a significant boost in India’s long-term energy security. The agreement is aimed at delivering up to 0.52 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG) starting in 2026. This is the first SPA signed by […]
The Abu Dhabi Chemicals Derivatives Company, TA’ZIZ, has awarded engineering, procurement, and construction (EPC) contracts worth more than $2 billion to establish a state-of-the-art chemicals infrastructure at the Al Ruwais Industrial City. The massive investment marks a significant step in transforming the region into a central hub for chemicals and low-carbon energy solutions, placing the […]
Enersol, a joint venture formed by ADNOC Drilling and Alpha Dhabi Holding, is making headlines with its recent decision to acquire a substantial 95% stake in Deep Well Services, a technology-driven energy services company based in the United States. The acquisition, valued at approximately $223 million, includes contingent payments tied to the performance of the […]
In a significant move to fortify the global supply chain for critical minerals, Khanij Bidesh India Limited (KABIL), Oil India Limited, and ONGC Videsh Limited have signed a pivotal Memorandum of Understanding with International Resources Holdings RSC Ltd. of the United Arab Emirates. The agreement, which was formalised at the UAE-India Business Forum in Mumbai […]
In a significant milestone for the energy sector, the National Marine Dredging Company (NMDC) has won a monumental $200 million contract from the Abu Dhabi National Oil Company (ADNOC) for its Ruwais LNG project. This project, strategically located in Al Ruwais Industrial City, Abu Dhabi, is poised to become one of the world’s lowest-carbon-intensity LNG […]
AMEA Power has officially unveiled the Aysha-1 Wind Project, a groundbreaking 300MW wind energy initiative in Ethiopia. This significant development marks a major advancement in renewable energy and highlights AMEA Power’s commitment to sustainability in Africa. The company has signed a Power Purchase Agreement (PPA) and Implementation Agreement (IA) with Ethiopian Electric Power for the […]
ADNOC (Abu Dhabi National Oil Company) has announced a significant 15-year Heads of Agreement with EnBW Energie Baden-Württemberg AG, one of Germany’s leading energy companies. This deal involves the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) sourced from ADNOC’s innovative Ruwais LNG project. The agreement reinforces ADNOC’s role […]
In a startling turn of events, the United Arab Emirates (UAE), typically known for its arid climate and scorching summers, is grappling with severe weather conditions that have brought heavy rains and flooding, disrupting daily life across several regions, including major cities like Abu Dhabi and Dubai. Residents were taken aback as hailstones, lightning strikes, […]
Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar) have marked a significant milestone in the renewable energy sector with the financial closing of the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase propels the solar park into the global spotlight as the largest single-site solar […]