Renewable energy to help Oman save up to $1 bn
Oman plans to generate at least 10% of its energy demands from renewables...
Tag : energy
Lukoil: Russia’s oil production to reach 12 bpd by 2035
Currently, Russia pumps around 11.2 million bpd of oil and condensate...
Renewable energy now over 90% of Kenya’s energy mix
Kenya recently launched its new 50 MW solar plant to achieve the milestone...
China’s State Grid buys 49% stake in Oman electricity Utility
State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission...
Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week...
AquaChemie to develop $40 mn chemical terminal in UAE
To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC...
Aramco-Adnoc refinery in India to cost 2X of estimated price
The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn...
UAE overtakes Kuwait as holder of 6th largest oil and gas reserves
The SPC has also approved the move to list Murban crude on a globally-recognised exchange to improve its sales...
ADB to finance SE Asia’s largest floating solar plant in Vietnam
ADB will provide a loan of $37 mn to Vietnam-based independent power producer for the project...
Kuwait to sell 44% stake in Al Zour and Khiran power projects
The country plans to sell at least 26 percent stakes by 2020 and early 2021...