Abu Dhabi Tag

Solar energy costs are set to drop to record lows over the following year, after two world records were set in the middle-east last year. Authorities in Dubai and Abu Dhabi last year received the cheapest bids on record to build solar photovoltaic (PV) plants. Dubai Electricity...

British oil giant BP has invested US$916 million across two gas exploration ventures in western Africa. Partnering American company Kosmos Energy, BP will take a 62% interest in exploration blocks already established by Kosmos, and a 32.5% working interest in its Senegal blocks. The agreements cover acreage...