ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) has announced the adoption of the new Green ICV criteria and bonus within the National In Country Value (ICV) Programme to encourage sustainability practices throughout various supply chains. Announced at Adipec 2023, the criteria enables companies to obtain bonus ICV points if they commit to implementing sustainability-related standards ...

ABU DHABI / WAM ADNOC is to trial the use of repurposed electric vehicle batteries to decarbonise its remote production operations and reduce costs. The pilot, run in partnership with German startup Power I.D., will see electric vehicle batteries deployed that would have otherwise been disposed of and assembled into a large-scale Battery Energy Storage System. The system, which will ...

ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has affirmed the need for national oil companies to embrace sustainable practices by integrating renewable energy sources, such as solar and wind power, into their operations. He made this statement during a session held during the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2023, where ...