Sunday 26 February 2017
 
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Oil producers achieve 86pc conformity to output cuts

Opec and Non-Opec countries are on target towards full conformity with their adjustments in oil production, according to the Joint Opec-Non-Opec Ministerial Monitoring Committee (JMMC). ''Opec and Non-Opec producers achieved a conformity level of 86 per cent,'' Em

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Lebanon to go ahead with offshore gas licensing round

The Lebanese government is set to continue the first round of oil and gas tenders and award the contracts to the winning companies based on transparent standards, said a report, citing a senior minister.   Minister of Energy and Water Cesar Abi Khalil was speaki

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Fujairah opens new 33/11 Kv power station

The UAE authorities have launched a Dh29.7 million 33/11 kilovolt power station at Fujairah to ease the load off another three stations in the emirate to ensure sustained flow and efficiency of energy, said a report. This is in line with the Federal Electricity and Water Authorit

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Emirates Transport to supply e-vehicles to finance ministry

The UAE Ministry of Finance (MoF) has signed an agreement with Emirates Transport for supply of  electric-powered vehicles. The move comes as part of MoF’s commitment to support sustainable energy resources in line with UAE vision 2021, by using sustainable transport s

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GCC set to pump $320bn into power projects

The total value of GCC power projects in the pipeline stands at more than $320 billion at present, of which over $100 billion are linked to the renewable and alternative sources, according to a report. In recent years, the interest in renewable energy across the GCC has been on t

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Dewa’s Smart Centre gets good response

Dubai Electricity and Water Authority’s (Dewa) said its Smart Centre has achieved remarkable results with growth in smart adoption surging from 64 per cent in 2015 to 70 per cent last year. The Smart Centre was launched as part of the Customer Happiness Centre and aims to i

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Neutral Fuels makes biofuel from dairy waste

After two years of research into new and improved ways to create biofuels, Dubai-based Neutral Fuels has become the first company to successfully use butter, cream and ghee waste as a feedstock for creating commercial biofuel. Importantly, the new fuel is of the same high quality

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Iran-Oman-India pipeline project ‘set for laying’

The project to lay an undersea gas pipeline for exporting Iran's gas via Oman Sea and Indian Ocean to India is imminent, according to an official with New Delhi-based South Asia Gas Enterprise (Sage). "With the sanctions being lifted, that has definitely changed the game

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Rosneft inks oil project deals with Kurdistan govt

Russia’s oil giant Rosneft and the Kurdistan Regional Government of Iraq have signed an agreement in the fields of upstream, infrastructure, logistics and trading, a report said. The parties also signed a pre-financed Crude Oil Purchase and Sale Contract of Kurdistan Region

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Rockwell Automation improves batch productivity

Industrial producers with batch applications can now create more flexible, reliable and productive operations with the latest release of FactoryTalk Batch software from Rockwell Automation. The modern software enhances scalability and responsive control of distributed, skid-level

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