Renewable energy now over 90% of Kenya’s energy mix
Kenya recently launched its new 50 MW solar plant to achieve the milestone...
Tag : energy
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...
Oil and gas employment outlook rebounds with prices
Despite persistent challenges, the outlook for global oil and gas salary hikes are higher today than two years ago...
Dewa investing Dh86 bn to meet Dubai clean energy target
Investment to spread over the next five years and is part of the move to generate more than 75% of power from clean sources...