popular articles

Bahrain aims to expand its Energy Activities

Please share:

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.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Ecopetrol announces, in partnership with JPMorgan Chase Bank, a 50% reduction in conversion fees for its American Depositary Receipts, effective until July 10, 2025, as part of a strategy to enhance its international appeal.
During his Senate hearing, Chris Wright, Donald Trump’s Energy nominee, surprised many by acknowledging climate change while advocating for an energy growth strategy blending renewables and fossil fuels.
During his Senate hearing, Chris Wright, Donald Trump’s Energy nominee, surprised many by acknowledging climate change while advocating for an energy growth strategy blending renewables and fossil fuels.
Masdar, supported by the United Arab Emirates, increased its energy capacity to 51GW in 2024, strengthening its global strategy through targeted acquisitions and key projects.
Masdar, supported by the United Arab Emirates, increased its energy capacity to 51GW in 2024, strengthening its global strategy through targeted acquisitions and key projects.
Aramco and Ma'aden announce a joint venture project to exploit lithium, a strategic mineral for the energy transition. This initiative aims to position Saudi Arabia as a key player in the market for critical minerals.
Aramco and Ma'aden announce a joint venture project to exploit lithium, a strategic mineral for the energy transition. This initiative aims to position Saudi Arabia as a key player in the market for critical minerals.
Criticized by political figures, Ademe defends its management of 3.5 billion euros allocated to the ecological transition in collaboration with the state and local authorities.
The APA 2024 cycle marks a turning point for Norwegian energy, with 53 licenses distributed among 20 companies. These opportunities aim to maintain competitiveness and innovation in a key European sector.
The APA 2024 cycle marks a turning point for Norwegian energy, with 53 licenses distributed among 20 companies. These opportunities aim to maintain competitiveness and innovation in a key European sector.
Great River Energy collaborates with Prisma Photonics to monitor 90 miles of electrical lines in real-time in the United States, enhancing resilience against climate challenges and network disruptions.
Great River Energy collaborates with Prisma Photonics to monitor 90 miles of electrical lines in real-time in the United States, enhancing resilience against climate challenges and network disruptions.
In 2024, EDF recorded a significant increase in nuclear and hydropower electricity production, marking a turning point due to better industrial management and favorable climatic conditions.
In 2024, EDF recorded a significant increase in nuclear and hydropower electricity production, marking a turning point due to better industrial management and favorable climatic conditions.
In France, Carrefour and ten federations challenge a decree mandating the coverage of 50% of outdoor parking lots with photovoltaic canopies, citing unrealistic deadlines and significant economic impacts.
In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
Abu Dhabi Investment Authority’s subsidiary partners with ArcLight to support a strategic 11 GW energy portfolio in the United States.
Abu Dhabi Investment Authority’s subsidiary partners with ArcLight to support a strategic 11 GW energy portfolio in the United States.
The International Energy Agency highlights the Netherlands' ambitions to increase offshore wind capacity while addressing challenges to secure their energy transition.
The International Energy Agency highlights the Netherlands' ambitions to increase offshore wind capacity while addressing challenges to secure their energy transition.
Constellation Energy acquires Calpine for $26.6 billion, strengthening its position in the U.S. energy sector amid growing electricity demand.
The Bureau of Ocean Energy Management increases environmental penalties for offshore operations, aiming to ensure compliance from industry players.
The Bureau of Ocean Energy Management increases environmental penalties for offshore operations, aiming to ensure compliance from industry players.
A Kazakh court has ordered NCOC, an international oil consortium, to pay 6.6 million USD for excessive gas flaring at the Kachagan oil field, highlighting regional environmental challenges.
A Kazakh court has ordered NCOC, an international oil consortium, to pay 6.6 million USD for excessive gas flaring at the Kachagan oil field, highlighting regional environmental challenges.
In 2024, the global average temperature exceeded 1.55°C above pre-industrial levels, a historical record. Natural disasters are intensifying, and the UN urges immediate action to counter their growing impacts.
In 2024, the global average temperature exceeded 1.55°C above pre-industrial levels, a historical record. Natural disasters are intensifying, and the UN urges immediate action to counter their growing impacts.
The Mauritanian government and the Millennium Challenge Corporation signed a 27 million USD grant agreement to modernize the country's electricity infrastructure and strengthen climate resilience.
Despite ambitious climate commitments, the United States only reduced its greenhouse gas emissions by 0.2% in 2024. A report from the Rhodium Group highlights a concerning trajectory for achieving the targets set in the Paris Agreement.
Despite ambitious climate commitments, the United States only reduced its greenhouse gas emissions by 0.2% in 2024. A report from the Rhodium Group highlights a concerning trajectory for achieving the targets set in the Paris Agreement.
The French Minister of Ecological Transition, Agnès Pannier-Runacher, sees her responsibilities adjusted but remains in charge of combating climate change and leading decarbonization efforts despite losing direct control over energy.
The French Minister of Ecological Transition, Agnès Pannier-Runacher, sees her responsibilities adjusted but remains in charge of combating climate change and leading decarbonization efforts despite losing direct control over energy.
When Justin Trudeau came to power in 2015, he symbolized the hope of a Canada that would lead the world in climate action. Nearly a decade later, he is leaving the political stage, leaving behind a controversial record. Carbon taxes, energy transition, and provincial tensions marked his tenure. With conservatives leading in the polls, the country is on the brink of a potential shift in its climate policy.
When Justin Trudeau came to power in 2015, he symbolized the hope of a Canada that would lead the world in climate action. Nearly a decade later, he is leaving the political stage, leaving behind a controversial record. Carbon taxes, energy transition, and provincial tensions marked his tenure. With conservatives leading in the polls, the country is on the brink of a potential shift in its climate policy.
ICF acquires Applied Energy Group from Ameresco for $30 million, consolidating its energy and technology services for public utilities and local governments.
Germany’s energy transition slowed in 2024, with a mere 3% reduction in greenhouse gas emissions. Political and economic uncertainty hampers investments in key sectors, particularly industry and transport.
Germany’s energy transition slowed in 2024, with a mere 3% reduction in greenhouse gas emissions. Political and economic uncertainty hampers investments in key sectors, particularly industry and transport.
Moldova and Gazprom are at odds over a debt estimated between $9 million and $700 million, exacerbating Transnistria's energy crisis. The separatist region faces the risk of total power outages in the midst of winter.
Moldova and Gazprom are at odds over a debt estimated between $9 million and $700 million, exacerbating Transnistria's energy crisis. The separatist region faces the risk of total power outages in the midst of winter.
In France, the energy check program recorded more than 200,000 requests in the last two days of 2024, highlighting growing pressure to meet the needs of low-income households amid the energy crisis.
In France, the energy check program recorded more than 200,000 requests in the last two days of 2024, highlighting growing pressure to meet the needs of low-income households amid the energy crisis.

Advertising