"At ADNOC we are well on track to increase crude oil production capacity to 4mbpd by the end of this year, and we made significant new discoveries last year that moved the UAE from the seventh to the sixth-largest in oil and gas reserves in the world," Al Jaber said.

In the petrochemical and gas sectors, Abu Dhabi National Oil Company (ADNOC) signed deals with Indonesian companies PT Pertamina [PERTM.UL] and PT Chandra Asri Petrochemicals (TPIA.JK), UAE state news agency WAM reported.

The Abu Dhabi National Oil Company, ADNOC, announced a set of comprehensive sustainability goals, extending its legacy of responsible oil and gas production and reinforcing its longstanding commitment to environmental stewardship.

Saudi Arabia is about to launch four giant projects to produce solar photovoltaic systems within a national renewable energy program.

The company, which builds power and desalinated water plants and has 50% of its portfolio in Saudi Arabia, plans to expand into new markets, Paddy Padmanthan told Reuters on the sidelines of an energy event in Abu Dhabi.

Under the agreement, Masdar will develop, build and operate the 200MW solar PV project, which will be located 75 kilometres southwest of the capital, Baku. Financial close on the project is targeted for the end of 2020, while commercial operation is expected to be achieved in 2022.

The ceremony was held in the presence of Ali Asadov, Prime Minister of Azerbaijan; Parviz Shahbazov, Minister of Energy; Mohammad Abunayyan, Chairman of ACWA Power, and Rajit Nanda, Chief Investment Officer of ACWA Power.

TurkStream, which is laid in the Black Sea, is a link between the gas transmission systems of Russia and Turkey. The gas pipeline has two strings with a combined throughput capacity of 31.5 billion cubic meters. The first string will deliver gas to Turkey, while the second string is intended for gas transit to southern and southeastern Europe through Turkish territory.

Russia is poised to officially open its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.

Aramco has vowed to pump almost $160 billion into growth in the natural gas sector over the next decade, with a sizable portion of that money to be designated for LNG projects overseas.

the country's nuclear programme "no longer faces any operational restrictions, including enrichment capacity, percentage of enrichment, amount of enriched material, and research and development."

The best story, really, is in the Middle East, because we have Abu Dhabi, which became our logistic and technological hub in the region. We have all our people here, and we set up very quickly.

The UAE Energy Strategy 2050 aims to achieve an energy mix that combines renewable and clean energy sources to balance economic requirements and environmental goals. The UAE will invest AED 600 billion until 2050 to meet the growing energy demand and ensure the sustainable growth of economy.

"This agreement extends Qatar's long standing LNG supply relationship with Kuwait well into the 2030's and highlights our commitment to meeting Kuwait's LNG requirements," Saad al-Kaabi, minister of state for energy affairs and the CEO of Qatar Petroleum, said in a statement

Foreign direct investments (FDI) into Oman jumped to $30.26bn (RO11.65bn) in Q2 2019, up 13.3% from the same period in 2018, when it got $26.7bn (RO10.29bn) in FDI, according to the National Centre for Statistics and Information. Investment into manufacturing reached $4.15bn (RO1.6bn) in Q2 2019,