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Renewables beat even cheapest coal competitors on costRenewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capaci More… |
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QP signs historic LNG shipbuilding dealsQatar Petroleum (QP) has signed agreements for an LNG carrier fleet programme, the largest of its kind in the history of the LNG industry. The deals will play a pivotal role in meeting the shipping requirements of QP’s local and international LNG projects, as well as replacing part of Q More… |
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Firms step closer to production of fossil-free steel on an industrial scaleSSAB, LKAB and Vattenfall are taking the next important step to be the first in the world with a value chain for fossil-free steel. Within the framework of the HYBRIT initiative, preparations are now under way for the construction of a demonstration plant on an industrial scale, and consultat More… |
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Honeywell to build gas detector factory in KSAHoneywell, a global technology leader, has announced the opening of a new facility for the production of gas detection devices in the Kingdom of Saudi Arabia (KSA). The factory underscores Honeywell’s commitment to the In-Kingdom Total Value Add (IKTVA) program. More… |
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Dewa retenders 120 MIGD Hassyan Sea Water RO projectThe Dubai Electricity and Water Authority (Dewa) has re-tendered its Hassyan Sea Water Reverse Osmosis Plant Project using the Independent Water Producer (IWP) model and is inviting bids for the process. The 120 million gallons per day (MIGD) project is More… |
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DME Oman crude breaks $40 mark for first time in 3 monthsBenchmark Oman crude oil trading on the Dubai Mercantile Exchange traded above $40 per barrel on Monday for the first time in almost three months, making it the first internationally traded crude oil futures contract to break the $40/b mark since the oil price recovery started early May. More… |
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GP Global expands international bunkering businessGP Global, a leading global diversified conglomerate, has announced the appointment of four experienced industry professionals in key offices across the UAE and Singapore, further strengthening its global bunkering operations. Newly appointed to further develo More… |
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25.182 mmbbl of crude imported by Japan from UAE in AprilJapan imported from the UAE 25.182 mmbbl of crude in April 海南快2彩票, data released by the Agency of Energy and Natural Resource in Tokyo showed. This accounts for 30.4% of Japan's total crude imports, the agency that belongs to the Ministry of Economy, Trade a More… |
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SWPC, Metito group ink $245m Saudi sewage plant finance dealSaudi Water Partnership 快2彩票技巧 (SWPC) said it has joined hands with a consortium led by the Metito, a leading provider of total intelligent water management solutions, to reach the financial closing of the kingdom’s first independent sewage treatment plant (ISTP) being set up at an inv More… |
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Emgas unveils new measures to combat Covid-19Emirates Gas (Emgas), a subsidiary of UAE-based Enoc Group, has introduced a set of preventative measures to prevent spread of the Covid-19. All LPG cylinders are thoroughly disinfected before the filling process, and subsequently all physical touchpoints on the cylinders are san More… |
