Development of Oman’s largest solar project makes headway
Arctech Solar produced 575 MW of trackers and shipped the major tracker components to the Ibri II solar power project in Oman...
Tag : energy
Bahrain to develop new oil reserves in the Khalij Al Bahrain basin
Bahrain will invite oil companies to explore the 2,000 sq km oil and deep gas resources...
Petronas to cut costs after Q1 profit slumps by 68%
Petronas will cut capex by 21pc and operating costs by 12pc this year...
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...
Total targets global net zero emissions by 2050
Total reported a 35% drop in first-quarter profit for the year...
ADPower receives the world’s largest tariff bid for Al Dhafra project
The Al Dhafra project is expected to increase Abu Dhabi’s total solar power generation capacity to 3.2 GW...
Exxon begins development of $10 bn petrochemical complex in China
The complex will produce 1.6 mn tonnes of ethylene annually once operations commence...
MENA needs to spend $148 bn till 2050 to fight climate change
The region would create 1.51 mn jobs in the renewable sector compared to 78 mn lost in the fossil fuel sector...
Singapore-based LYS Energy Group secures S$14 mn green loan
The loan will be provided by United Overseas Bank...
ADPower, Tadweer to develop two waste to energy plants
The proposed plants will have a potential to transform up to 1.5 million tonnes of municipal waste into energy annually...