Latest news with #SuhailAlMazrouei
Zawya
a day ago
- Business
- Zawya
National Maritime Navigation Centre to strengthen UAE's leadership in maritime sector
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, highlighted that the Cabinet's decision to establish the National Maritime Navigation Centre reflects the UAE's strategic vision for developing an integrated sustainable and innovative maritime ecosystem and reinforcing the country's position as a leading global maritime hub. He explained that the National Maritime Navigation Centre, affiliated with the Ministry of Energy and Infrastructure, represents a significant addition to the ongoing development of the UAE's maritime infrastructure. The new centre will manage and operate the Integrated National Maritime System for monitoring maritime traffic and oversee the National Maritime Single Window, which aims to unify procedures and enhance the efficiency of maritime operations. He affirmed that the centre serves as an advanced platform for cooperation among the various entities involved in the maritime sector, thereby strengthening efforts to monitor and protect the sector and elevate its role as a strategic contributor to the national economy. In this context, he expressed sincere gratitude and appreciation to all stakeholders in the UAE maritime sector for their support, collaboration, and dedicated efforts that contributed to the establishment of the centre. He emphasised that this achievement reflects the spirit of integration and collective action that defines the government work system in the UAE. The Minister said, 'The National Maritime Navigation Centre represents a significant step that will enhance the safety and security of the maritime sector, prevent harmful practices through leveraging high-tech solutions, and propel scientific research and studies that can shape policies and inform decision-making. Furthermore, the centre will significantly drive coordination among concerned entities and unify national policies and legislation, ensuring compliance with the highest global maritime safety and security standards, improving operational efficiency, and reducing regulatory complexities. It will also empower national talents through specialised training and research programmes in maritime fields.' He added, 'This decision reflects our wise leadership's belief that excellence in vital sectors can only be achieved through a systematic institutional approach—one that anticipates the future and transforms challenges into opportunities for growth and innovation. The centre will serve as a national enabler for enhancing the quality of maritime services and achieving integration between maritime development and environmental sustainability.' For his part, Eng. Hassan Al Mansouri, Undersecretary for Infrastructure and Transport Affairs at the Ministry of Energy and Infrastructure, said, 'The centre will contribute to the development of maritime policies in line with international best practices and the implementation of smart monitoring systems and advanced planning tools—enhancing the UAE's ability to lead the future of maritime navigation. The UAE enjoys world-class maritime infrastructure and a strategic geographic location at the heart of global trade routes. Through this centre, we will strengthen the country's role in supporting supply chains, facilitating international trade, and empowering a new generation of qualified national talents to lead the maritime sector toward a more sustainable future.'
Khaleej Times
11-06-2025
- Politics
- Khaleej Times
UAE: E311 truck congestion causes 6 deaths, 137 accidents; lawmaker calls for action
Traffic congestion caused by lorries along the Sheikh Mohamed bin Zayed Road (E311) has resulted in six fatalities and 137 accidents since January, the Federal National Council (FNC) heard on Wednesday. FNC member Mohammed Al Kashf raised the issue, citing persistent traffic problems near the Abu Dhabi-Al Ain exit in Umm Al Quwain, where lorries frequently stop on the roadside. 'Road users are complaining day and night about the severe congestion,' he said during the session. Al Kashf addressed his concerns to Suhail Al Mazrouei, Minister of Energy and Infrastructure. In a written response provided ahead of the meeting, the Ministry acknowledged the challenges related to truck access at the Umm Al Quwain exit. 'These issues were previously identified,' the Ministry's statement read. 'In response, we coordinated with the Ministry of Interior to study the situation. As a result, a traffic solution was implemented in the form of a 'yellow box' system, intended to regulate traffic flow and ease congestion in the area.' However, the Ministry noted that some truck drivers continue to disregard road signs prohibiting entry into intersections unless the path ahead is clear. 'We will continue coordinating with the Ministry of Interior to enforce compliance. Measures include stepped-up traffic awareness campaigns, the apprehension of violators, and the imposition of appropriate legal penalties,' the statement concluded. After reading the response aloud, Al Kashf questioned its effectiveness. 'Is this truly a suitable solution?' he asked, while presenting video evidence of daily traffic jams. 'Just this morning, I received footage showing a pile-up of cars and lorries during the morning commute in Umm Al Quwain.' He stressed the need for more robust and modern interventions, citing global practices that utilize Artificial Intelligence and advanced technology to manage traffic challenges. 'We must put an end to these recurring crashes,' he said. 'Residents are voicing their frustration every morning and evening.' Al Kashf proposed a redesign of the problematic exit, suggesting its expansion to facilitate smoother truck movement. He also called for clearer signage ahead of the exit to improve safety. 'There needs to be a real, direct solution to this issue,' he concluded.
Zawya
30-05-2025
- Business
- Zawya
OPEC+ may discuss oil output hike larger than 411,000 bpd for July, sources say
OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) increases it made for May and June, sources familiar with OPEC+ talks told Reuters. Eight OPEC+ countries have been raising output more rapidly than earlier planned, even though the extra supply has weighed on prices. The strategy of group leaders Saudi Arabia and Russia is partly to punish over-producing allies and to win back market share, Reuters has reported. On Saturday, the eight members may decide to increase output by 411,000 bpd for July, OPEC+ sources have told Reuters. Two more sources familiar with OPEC+ talks and two OPEC+ delegates said they could also discuss a larger increase. Kazakhstan's statement on Thursday that it won't cut production has sparked debate in OPEC+, some of the sources said on Friday, with one saying that this factor may tilt discussions towards a larger output hike on Saturday. All sources declined to be identified by name due to the sensitivity of the matter. OPEC and authorities in Russia and Saudi Arabia did not immediately respond to requests for comment on Friday. United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei, asked about the plan for July output on Tuesday, said OPEC+ was doing its best to balance the oil market and needed to be mindful of rising demand. Kazakhstan has been pumping hundreds of thousands of barrels over its OPEC+ target for months, a factor that has angered other OPEC+ members and helped sway a decision by the group to proceed with plans to hike output in April, sources said at the time. OPEC+ wants it to compensate by making further cuts, but on Thursday Russia's Interfax news agency cited Kazakhstan's deputy energy minister as saying that the country has informed OPEC that it does not intend to reduce production. Oil prices fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as U.S. President Donald Trump's tariffs raised concerns about global economic weakness. Since then prices have recovered to about $65. OPEC+, which includes OPEC members and allies such as Russia, has made deep output cuts since 2022 to support the market. Eight members of the group have been increasing production since April to unwind some of those cuts. (Reporting by Alex Lawler, Ahmad Ghaddar, Olesya Astakhova, Maha El Dahan and Yousef Saba; writing by Alex Lawler; editing by Simon Webb and Jason Neely)
Reuters
30-05-2025
- Business
- Reuters
OPEC+ may discuss oil output hike larger than 411,000 bpd for July, sources say
LONDON/MOSCOW, May 30 (Reuters) - OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) increases it made for May and June, sources familiar with OPEC+ talks told Reuters. Eight OPEC+ countries have been raising output more rapidly than earlier planned, even though the extra supply has weighed on prices. The strategy of group leaders Saudi Arabia and Russia is partly to punish over-producing allies and to win back market share, Reuters has reported. On Saturday, the eight members may decide to increase output by 411,000 bpd for July, OPEC+ sources have told Reuters. Two more sources familiar with OPEC+ talks and two OPEC+ delegates said they could also discuss a larger increase. Kazakhstan's statement on Thursday that it won't cut production has sparked debate in OPEC+, some of the sources said on Friday, with one saying that this factor may tilt discussions towards a larger output hike on Saturday. All sources declined to be identified by name due to the sensitivity of the matter. OPEC and authorities in Russia and Saudi Arabia did not immediately respond to requests for comment on Friday. United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei, asked about the plan for July output on Tuesday, said OPEC+ was doing its best to balance the oil market and needed to be mindful of rising demand. Kazakhstan has been pumping hundreds of thousands of barrels over its OPEC+ target for months, a factor that has angered other OPEC+ members and helped sway a decision by the group to proceed with plans to hike output in April, sources said at the time. OPEC+ wants it to compensate by making further cuts, but on Thursday Russia's Interfax news agency cited Kazakhstan's deputy energy minister as saying that the country has informed OPEC that it does not intend to reduce production. Oil prices fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as U.S. President Donald Trump's tariffs raised concerns about global economic weakness. Since then prices have recovered to about $65. OPEC+, which includes OPEC members and allies such as Russia, has made deep output cuts since 2022 to support the market. Eight members of the group have been increasing production since April to unwind some of those cuts.
The National
28-05-2025
- Business
- The National
UAE faces surge in demand for energy amid data centre boom
Demand for energy is surging in the UAE as the country embraces the technology of the future, Minister of Energy and Infrastructure Suhail Al Mazrouei said on Tuesday. He was speaking at the World Utilities Congress in Abu Dhabi, as the country forges ahead with new data centres and the population increases sharply. With artificial intelligence as an emerging driver for society, governments should be 'very open to new ideas when it comes to efficiency improvement', Mr Al Mazrouei said. 'The demand is growing and growing very strongly, with more power required for data centres. It's overwhelming, I can tell you, even for a country like us in the UAE,' he added. Last week saw the announcement of Stargate UAE, a mega data centre project to be built in Abu Dhabi by AI major G42, OpenAI, Oracle, Nvidia, Cisco and SoftBank Group. The one-gigawatt compute cluster will operate in the recently established five-gigawatt UAE–US AI Campus. Mr Al Mazrouei said countries should look 'objectively' at the cost of energy. He also said many countries faced the problem of regulators being 'unable to adapt to the same speed as the industry'. The renewable energy industry is 'very progressive' and has had to reduce the cost for end users, as well as 'improve the efficiency of the whole system', he added. Mohamed Al Hammadi, managing director and chief executive of Emirates Nuclear Energy Company (Enec), said the AI boom required 'urgent action' to increase clean power – particularly nuclear – to meet rising global electricity demand. 'The world is waking up to the realities of grid security and the need for reliable, abundant, and clean electricity. If we want to lead in AI and digital infrastructure, we must lead in energy,' he said at the summit, addressing a panel exploring the global power outlook to 2030. Data centres consume a significant amount of energy, with some using sustainable sources such as solar and water. 'We don't have a clear understanding of the net added energy demand,' said Francesco La Camera, director general of the International Renewable Energy Agency. 'And this is why if it's true that data centres will require [more] power, this power should be provided by renewables. 'It's also true that the use of AI … could reduce, in some way, the demand for energy for more efficient systems,' he told The National on the sidelines of the summit. Opec+ should be 'mindful' of rising oil demand Despite a growing focus on renewable energy, Opec+ should be 'mindful' about oil demand, said Mr Al Mazrouei. The oil group, led by Saudi Arabia and Russia, are 'doing their best' to balance the market and ensure there is enough investment into the supply, he said. 'If this group was not there, there will be chaos … you will be seeing shocks and that is not good news for consumers,' the minister said. On Friday, oil prices posted their first weekly decline since April amid worries over the latest talks between US and Iranian negotiators over the latter's nuclear programme. Prices were up in early trade on Tuesday. Oil prices had earlier fallen on reports that Opec+ is planning to boost supply again in July. The supergroup of producers had announced output increases of 411,000 barrels per day for May and June – and is likely to announce a similar increase for July during its May 31 meeting, according to a Bloomberg report. How Opec+ policy evolves during this year will depend on internal compliance issues and the broader developments in the oil market, analysts at Saudi Arabia's Jadwa Investment said in its oil market update for May. Opec+ is likely to scale back production increases later in the year as global inventories increase. Despite the group's efforts, Mr Al Mazrouei said they may not be enough and it may 'need the help of others'. AI energy solution At the summit, the Abu Dhabi Department of Energy, in collaboration with G42 unit Presight, unveiled the Abu Dhabi Water and Energy AI Solution platform, which integrates power, water, district cooling and petroleum product systems into a centralised decision-making hub. The platform has an initial target of generating Dh100 million ($27.2 million) at launch, and is expected to grow to Dh1 billion before 2028, according to Department of Energy chairman Abdulla Al Jarwan. 'This innovation will optimise operations, predict complex demand patterns, achieve real-time system visibility and significantly enhance customer behaviour for millions of users,' he said.
