Sunday 7 March 2021
 
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Renewable energy boost Oman economic diversification

Renewable energy projects contribute to economic diversification plans espoused by Oman at a time the country strives to regulate sources of energy, conserve the environment and limit harmful fossil fuel emissions.   The sultanate, represented by the Ministry of

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Adnoc, Korea's GS Energy in deal to boost hydrogen economy

Abu Dhabi National Oil Company (Adnoc) yesterday (March 4) hosted the UAE’s virtual business trip to the Republic of Korea, in which Adnoc and GS Energy agreed to explore opportunities to grow Abu Dhabi’s hydrogen economy and carrier fuel export position.  

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Products compatible with Trina Solar’s 210 Ultra High-Power Modules launched

The world's leading photovoltaic inverter brands have announced the market launch of inverters and trackers compatible with the 210 Ultra High-Power Modules.    This will significantly promote smooth chain collaboration in the industry and the reduction

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Empower's district cooling building numbers up 6pc in 2020

Empower said its diversified portfolio covers all the major sectors in Dubai, with the residential sector maintaining the top position in the list of company's clients by 64%, followed by the commercial sector with 15%.    The hospitality se

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Pinsent Masons advises Speedy Hire on sale to Adnoc

Pinsent Masons has advised Speedy Hire/Speedy International Asset Services Equipment Rental on the sale of its UAE equipment fleet, stock and other fixed assets to Adnoc for a cash consideration of $18 million.   The deal also included Speedy entering into a tra

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Adnoc removes destination curbs on crude grades

The Abu Dhabi National Oil Company (Adnoc) said that it will remove destination restrictions on its Murban, Upper Zakum, Das and Umm Lulu crude grades, starting from the first traded contract month of the new ICE Murban Crude Oil Futures Contract. The company also confirmed that

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Total, Zahid form solar energy JV in Saudi Arabia

Jeddah-headquartered Zahid Group, represented by Altaaqa Alternative Solutions, and the French energy company Total have announced the establishment of a joint venture named Safeer – Saudi French for Energy Efficiency and Renewables. Safeer´s mission is to bring affor

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Omega, Wellpro Group seal strategic alliance for Mena region

Downhole technology developer and manufacturer Omega Well Intervention and global well intervention company Wellpro Group, have announced a strategic alliance to deliver downhole tools to the Middle East and North African (Mena) market, led by senior management teams with decades of well inte

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Optilan wins supply contract for $4bn UK windfarm project

Optilan, the leading security and communications company for the energy, infrastructure, pipeline, and rail sectors, said it has secured a supply contract for a major UK renewable project - Seagreen Wind Farm, being developed at an investment of £3 billion ($4.17 billion).

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ExxonMobil unveils 5-year growth plan; to boost capital spend

ExxonMobil today (March 3) outlined its plans through 2025 to increase earnings and cash flow to sustain and grow its dividend, cut debt and fund advantaged projects, while working to commercialize lower emission technologies in support of the goals of the Paris Agreement. 

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