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The Latest Breaking News from Masdar

ENGIE: We Are Working with Saudi Arabia to Transition to Carbon-Neutral Economy

ENGIE CEO Catherine MacGregor affirmed that her company’s work in Saudi Arabia aligns with the Kingdom’s national transformation plan, Vision 2030, and its focus on accelerating the transition to a carbon-neutral economy. MacGregor pointed out that ENGIE, since the start of its business in Saudi Arabia more than two decades…

Asharq Al-Awsat

TAQA, ADNOC, Mubadala Enter Binding Agreements for Acquisition of Masdar Stake

Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have entered into binding agreements for TAQA and ADNOC to purchase stakes in Abu Dhabi Future Energy Company (Masdar) from Mubadala, Emirates News Agency (WAM) reported Tuesday. This is a major milestone towards completing…

Asharq Al-Awsat

North East deals of the week: key acquisitions, contracts and investments

Firms featuring in this week's round-up include Venture Stream, EV Metals Group, Kromek, Annimersion and Scott Logic

Birmingham Post

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United Arab Emirates investors back bp's Teesside hydrogen project

ADNOC has acquired 25% of H2Teesside project which bp says will progress it to the next stage of design, while Masdar has signalled it will acquire a stake in HyGreen Teesside

Birmingham Post

UAE's ADNOC, BP and Masdar Forge Energy Partnership

The Abu Dhabi National Oil Company (ADNOC), oil major BP and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and technology hubs. Announcing their new-energy partnerships, ADNOC said the H2Teesside low-carbon hydrogen project with BP had moved into the design phase. Other partnerships include a…

Asharq Al-Awsat

UK government defends bonuses paid to staff of collapsed firm Bulb

Energy company effectively nationalised as part of bailout that could cost taxpayers £2.2bn

The Guardian - UK

UAE Aims to Reduce Carbon Emissions Through Transition to Future Energy

The United Arab Emirates said success in transitioning towards a future energy system aims to reduce emissions while maintaining growth, progress, and development. Dubai Ruler and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum inaugurated on Monday the Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainability hosted…

Asharq Al-Awsat

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