MoUs signed during Saudi Arabia’s Crown Prince visit to the US
Saudi Arabia’s Crown Prince’s recent visit to the US has laid emphasis on signing agreements with American companies in the oil and gas sector...
Tag : energy
Dubai, South Korea non-oil trade spiked eight percent in 2017
For trade, South Korea is ranked as Dubai’s eighth biggest partner in imports and ninth in exports...
CNPC awarded stakes in two concessions of ADNOC
China National Petroleum Corporation (CNPC) has been awarded stakes in two concession areas belonging to the Abu Dhabi National Oil Company (ADNOC) after the two parties signed a 40-year agreement...
SCG turns reservoirs into solar energy generating systems
The new system will help in power production and extend the life of solar panels...
Microsoft signs first clean energy deal in Asia
Technology giant Microsoft has signed a clean energy deal with Singapore's Sunseap Group, making it the company's first clean energy deal in Asia...
The resurgence of Atlantis
Post-apartheid, the town lost its industries, but is now becoming a key manufacturing hub for the renewable energy sector in South Africa Miriam Mannak Situated 50km north of Cape Town, on the southern edge of the West Coast, lies Atlantis. Developed in the 1970s as a self-contained industrial backwater annex residential area for people of...
Saudi Arabia cuts back its solar target
No concrete reason given; wants to concentrate on gas Suparna Goswami Bhattacharya June 28, 2016: In a move that has surprised many, Saudi Arabia has scaled back its renewable power targets as the world’s largest producer of oil plans to use more natural gas, backing away from goals set when crude prices were about triple...
Saudi oil minister removed after 20 years in the job
He has been replaced by Khaled al-Falih, who heads Saudi Aramco IFM Correspondent May 12, 2016: After announcing reforms to overhaul the economy in April, Mohammed bin Salman, the deputy Crown Prince of Saudi Arabia announced a government shake-up. The Prince announced the removal of veteran oil minister Ali al-Naimi. He has been removed after 20...
China: Going with the wind
There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...
The Icelandic economy is back on its feet
In the aftermath of the financial crisis, the boom in the tourism sector has had a major economic impact June 10, 2015: In the past 20 years, the Icelandic economy has gone through a wild boom and bust roller coaster ride. The economy is very small by most comparisons; the number of inhabitants is only...