Friday 26 August 2016

Honeywell launches new logic controller

Honeywell Process Solutions (HPS) has launched its ControlEdge Programmable Logic Controller (PLC), a new addition to Honeywell’s next generation family of controllers leveraging the power of the Industrial Internet of Things (IIoT). ControlEdge PLC, combined with Honeywell


Dewa sets up 24/7 cyber defence centre

Dubai Electricity and Water Authority (Dewa) has established a 24/7 cyber defence centre, becoming the first government organisation in Dubai to establish such a centre. The centre is in adherence with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Pri


Packers Plus installs system for Dubai Petroleum

Canada-based Packers Plus Energy Services recently worked with operator Dubai Petroleum Establishment to install and stimulate an offshore carbonate reservoir using an open hole multi-stage ball-drop system. The operator used proppant as the treatment method - a first for offshor


Turkey in talks to build $3bn power plant in Iran

Turkey’s Unit International plans to invest $3 billion on the construction of a 5,000-megawatt power plant in Iran, a report said. Unal Aysal, chairman of the Belgium-based energy firm, has concluded talks with Iran's Energy Minister Hamid Chitchian in Tehran, Iran


Oil falls on US stocks build, China demand fears

Oil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. International Brent crude oil futures LCOc1 were trading


Iraq not open to capping oil output: Prime Minister

Iraq's prime minister said the country has not yet reached its full oil market share, suggesting his government would not restrain crude output as part of any possible Opec agreement to lift prices. "And the capping, we are not open to that because Iraq is still below wh


Iran signals willingness for Opec action

Iran is sending positive signals that it may support joint action to prop up the oil market, sources in Opec and the oil industry said, potentially aiding efforts to revive a global deal on freezing production levels at talks next month. Opec's third-largest producer has been


DSM, NHU inaugurate PPS compounds joint venture

Netherlands-based Royal DSM and specialty chemicals producer Zhejiang NHU Special Materials have officially inaugurated their joint venture company for polyphenylene sulfide (PPS) compounds, DSM NHU Engineering Plastics (Zhejiang) Co. Royal DSM is a global science-based company a


Global battery energy storage set to top 14GW

Global battery energy storage system (BESS) installed capacity is set to grow from 1.5 Gigawatts (GW) in 2015 to over 14 GW by 2020, according to a new report. This comes as large numbers of projects are planned to be commissioned over the forecast period due to increasing renewa


Iran ‘will take part in Algeria Opec meeting’

Iran, Opec's third largest producer, has confirmed it will participate in the upcoming Opec meeting in Algeria next month, an Opec source said on Tuesday. Opec members will meet on the sidelines of the International Energy Forum (IEF), which groups producers and consumers, in

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