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Iran’s Daily Gas Refining Capacity Reaches 1bcm Plus

Date : Aug 06, 2020

Iran's daily gas refining capacity has reached more than one billion cubic meters, National Iranian Gas Company (NIGC) said.

 

The Director of Coordination and Production Supervision of the National Iranian Gas Company (NIGC) announced the increase in the capacity of receiving and refining gas in gas refineries across the country, and said: “Iran’s gas refining capacity has reached more than one billion cubic meters per day.”

 

In an interview, Masoud Zardavian, referring to the readiness of the country's gas refineries to produce enough natural gas in a timely and adequate manner, said: "There ...

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Indian Petrochemical Industry Battles Demand Loss – GlobalData

Date : Jul 27, 2020

India’s petrochemical industry faces challenges posed by workforce shortages and supply chain disruptions across the country including weaker domestic demand. 

 

The widespread of Covid-19 has presented these...

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Middle East to Remain Key Petchem Supplier Post-Covid

Date : Jul 27, 2020

The Middle East is a key producer and supplier of polyolefins to demand-rich markets, specifically Asia. The region’s polyolefin exports account for around one-third of global polyolefin trade.

 

However, the...

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Kuwait Cancels $1.4bn Solar Project over Covid-19 Crisis

Date : Jul 27, 2020

Kuwait has cancelled plans to construct the Al Dabdaba solar plant, which would have provided 15 per cent of the oil sector’s needs from renewable sources, due to the Covid-19 pandemic.

 

The decision was taken...

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Energy, Infrastructure Key Growth Drivers – UAE Minister

Date : Jul 24, 2020

Energy and infrastructure are the major factors spearheading UAE's economic growth and hence it is necessary to rally efforts and ensure the best utilisation of resources in post-Covid-19 era and protect the gains made by the country over...

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NTPC Signs MoU with NIIF to Scout Business Opportunities in India

Date : Jul 24, 2020

NTPC has entered into a memorandum of understanding (MoU) with the National Investment and Infrastructure Fund (NIIF) to explore opportunities for investments in areas like renewable energy, power distribution among other areas of mutual...

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Cloud, AI, 5G, Big Data Analytics Reshaping Energy Industry

Date : Jul 23, 2020

The Huawei Oil & Gas Virtual Summit 2020 — exploring 'Data to Barrel' — gathered global customers, industry partners, and thought leaders, including representatives from the Abu Dhabi National Oil Company (Adnoc),...

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Gulf Keystone Names Non-Executive Director

Date : Jul 23, 2020

Further to the recent announcement that Garrett Soden was to be re-appointed to the Board of GKP as a Non-Independent Non-Executive Director representing funds managed by Lansdowne Partners Austria GmbH, the Company is pleased to confirm that...

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L&T Appoints Top Executives to Company Board

Date : Jul 23, 2020

India's top engineering and construction firm Larsen & Toubro (L&T) said its board of directors has decided to induct Subramanian Sarma (a non-executive director in the board) as an executive director and also elevate SV Desai and...

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Asia to Lead in Global Liquids Storage Capacity Growth

Date : Jul 22, 2020

Asia is expected to lead the global liquids storage capacity growth, contributing about 49% of the total global capacity growth by 2024. The region is likely to add 56.8 million cubic meters (mmcm) of liquids storage capacity by 2024,...

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Bahrain's SEA Issues First Renewable Energy Certificate

Date : Jul 22, 2020

Bahrain's Sustainable Energy Authority (SEA) President Dr. Abdulhussein bin Ali Mirza has announced the issuance of the first "Renewable Energy Certificate" by the authority.

 

Issued by SEA...

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Apicorp and SirajPower Sign GCC’s Largest Deal for Solar Energy

Date : Aug 07, 2020

UAE-based solar energy provider SirajPower has secured a $50m deal from the Arab Petroleum Investments Corporation (APICORP) to distribute renewable energy across the region for commercial and industrial users.   Claiming to be the GCC’s largest lease-funding platform for distributed solar energy, SirajPower said the funding will expand its offering to businesses across various sectors, enabling them to save on their utility bills whilst simultaneously offsetting its carbon footprint.   The deal was implemented to overcome the challenges of attracting debt financing for power generation systems, which according to Siraj Power, has &ld...

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Oman's Ibri 2 Solar PV Project Gets 1st Batch of Bifacial Panels

Date : Aug 07, 2020

A consortium consisting of ACWA Power — a developer, owner, and operator of power generation and water desalination plants — Gulf Investment Corporation (GIC) and Alternative Energy Projects Co. (AEPC) has achieved a new milestone...

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IOC to Invest Rs 138.05 bn to Set Up New Plant in Odisha

Date : Aug 07, 2020

Indian Oil Corp. will invest Rs 138.05 billion to set up a plant in Odisha's Paradip to manufacture raw materials for the textile sector, an official said on Sunday. The project is expected to be completed by 2024, he...

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SJVN Invites EoI for Solar and Hydropower Projects Acquisition

Date : Aug 07, 2020

SJVN Limited has issued a notice inviting expressions of interest (EoI) from interested parties to offer their solar and hydropower projects for acquisition by SJVN.

 

Power generation companies, power project...

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Sharjah Plans Gulf's First Waste-To-Solar Project

Date : Aug 07, 2020

The UAE's emirate of Sharjah, the third biggest in the seven-member federation, plans to build the Gulf's first waste-to-solar energy facility amid a push to produce at least 44% of the country's power from clean energy by...

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Bracewell Counsels Global Consortium in Key Qatar Renewables IPP Deal

Date : Aug 07, 2020

Bracewell, a leader in assisting clients with all types of infrastructure projects, said it has acted as lead international counsel to a global investment consortium, comprising Siraj Energy, Marubeni Corporation and Total...

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Abu Dhabi’s Taqa Awards Water Distribution Contracts

Date : Aug 06, 2020

Abu Dhabi National Energy Company (Taqa) has announced that one of its subsidiaries, Abu Dhabi Distribution Company (ADDC), has awarded projects worth up to Dh900 million ($245 million) to expand the company’s recycled water distribution...

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Galfar Wins $28.5mn Oman Pipeline Contract

Date : Aug 06, 2020

Omani contracting heavyweight Galfar has been awarded a $28.5mn (OMR 11mn) contract from energy company OQ Exploration and Production for the construction of pipelines at the firm’s concession areas.

 

According...

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GAIL (India), CCSL Sign MoU for Partnership in Compressed Biogas Projects in India

Date : Aug 06, 2020

GAIL (India) and Carbon Clean Solutions (CCSL) have signed a Memorandum of Understanding (MoU) for exploring project development opportunities in Compressed Biogas (CBG) value chain in India.

 

The MoU aims at...

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DNO Steps Up Activity at KRI Facility

Date : Aug 05, 2020

DNO ASA, the Norwegian oil and gas operator, has reported stepped up investments across its portfolio on the back of higher production and significantly improved liquidity outlook as the Company recovers from the oil market turmoil...

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