SUBSCRIBE
PROFILE

Bahrain aims to expand its Energy Activities

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Bahrain, through its Oil & Gas Holding Company (Nogaholding), aims to expand its energy activities beyond oil and gas.

Bahrain turns to energy transition

This turnaround in Nogaholding’s activities will enable Bahrain to examine the impact of climate change and diversify its energy mix,” declared Bin Daina, Bahrain’s special envoy for climate and CEO of the Bahrain Supreme Council for the Environment, on the sidelines of the ADIPEC forum.
For the time being, however, the special envoy refused to assert any development strategy for the Gulf’s most indebted country.
For their part, some regional neighbors have already decided to sell oil and gas assets and list companies on the stock exchange in order to receive investment for their transition.
At this stage, Nogaholding’s Managing Director simply states that the company is examining “all options”.
In addition, Nogaholding has raised funds on the debt capital markets on several occasions in recent years.
This fundraising is in addition to a $600 million issue of “sukuk” (Islamic bonds) in April 2021.
Bin Daina said the company could issue debt again, if necessary.

  • Popular on energynews.pro
ExxonMobil shuts down steam cracker in Singapore and redirects assets to China
Newheat partners with Sunmark Chile to supply renewable heat to Chilean mines
Oil prices rise amid military escalation and diplomatic deadlock
Framatome to upgrade critical systems at Columbia nuclear power plant
EDF secures 12-year nuclear power contract with battery manufacturer Verkor
Germany to raise allowed electricity grid revenues from 2029
Germany will allow a minimum 1.4% increase in grid operator revenues from 2029, while tightening efficiency requirements in a compromise designed to unlock investment without significantly increasing consumer tariffs.
GEODIS and EDF sign deal to decarbonise global logistics chain
GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.
ExxonMobil cuts $10 billion from its low-carbon plans by 2030
The American oil group now plans to invest $20 billion in low-emission technologies by 2030, down from the $30 billion initially announced one year earlier.
French power overcapacity forces strategic revision before end of December
Facing a structural electricity surplus, the government commits to releasing a new Multiannual Energy Programme by Christmas, as aligning supply, demand and investments becomes a key industrial and budgetary issue.
BHP sells 49% of its Pilbara power network to GIP for $2 billion
BHP sells a minority stake in its Western Australia Iron Ore power network to Global Infrastructure Partners for $2 billion, retaining strategic control while securing long-term funding for its mining expansion.
Fossil fuel divisions block adoption of major UN report
A key scientific report by the United Nations Environment Programme failed to gain state approval due to deep divisions over fossil fuels and other sensitive issues.
France: RTE calls for accelerated electrification to reduce fossil fuel dependence
RTE warns of France’s delay in electrifying energy uses, a key step to limiting fossil fuel imports and supporting its reindustrialisation strategy.
Chinese cleantech investments reshape the global industrial energy map
More than $80bn in overseas cleantech investments in one year reveal China’s strategy to export solar and battery overcapacity while bypassing Western trade barriers by establishing industrial operations across the Global South.
India cancels 6.3 GW of renewable connections, signalling regulatory shift
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
Brazil launches roadmap to reduce its dependence on oil
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.
Exxaro expands its energy assets and strengthens renewable capacity
Exxaro increases its energy portfolio in South Africa with new wind and solar assets to secure power supply for operations and expand its role in independent generation.
Germany delays RED III directive, retroactive enforcement now likely
The German government may miss the January 2026 deadline to transpose the RED III directive, creating uncertainty over biofuel mandates and disrupting markets.
Plenitude acquires ACEA Energia for €587mn and accelerates European growth
Plenitude acquires full ownership of ACEA Energia for up to €587mn, adding 1.4 million customers to its portfolio and reaching its European commercial target ahead of schedule.
Italy awards 8.6GW in renewables in Fer-X tender
Italy allocated 82% of the proposed solar and wind capacities in the Fer-X auction, totalling 8.6GW, with competitive purchase prices and a strong concentration of projects in the southern part of the country.
Paris appoints Jean-Bernard Lévy to review subsidies for renewables
Amid rising public spending, the French government has tasked two experts with reassessing the support scheme for renewable electricity and storage, with proposals expected within three months.
ABB takes stake in OctaiPipe to optimise data centre operations
ABB invests in UK-based start-up OctaiPipe to strengthen its smart energy-saving solutions for data centre infrastructure.
Polish army joins efforts to secure power grid against drone threats
National operator PSE partners with armed forces to protect transformer stations as critical infrastructure faces sabotage linked to foreign interference.
Norway launches a commission to plan the post-oil era
The Norwegian government establishes a commission to anticipate the decline of hydrocarbons and assess economic options for the country in the coming decades.
Enbridge forecasts EBITDA up to CAD20.8bn for 2026 and raises dividend
Enbridge has announced a 3% increase in its annual dividend for 2026 and expects steady revenue growth, with up to CAD20.8bn ($15.2bn) in EBITDA and CAD10bn ($7.3bn) in capital investment.
Kazakhstan launches tenders for 3 GW of renewable capacity by 2026
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.