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Schneider Electric Invests in AutoGrid to Drive new AI Solutions

Date : Jun 17, 2019

Schneider Electric, a leader in the digital transformation of energy management and automation, has announced an investment in AutoGrid, a leader in flexibility management software for the energy industry.

 

The investment makes Schneider Electric a major shareholder in the company and establishes a co-innovation partnership focused on driving new AI (artificial intelligence) and machine learning solutions for the utilities and commercial and industrial companies.

 

The investment is led by Schneider Electric Ventures, part of Schneider Electric's newly-formed Innovation a...

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Kerala Power Minister to Lay Foundation Stone for Multi-Crore Project

Date : Jan 11, 2016

The work on the proposed solar power plant to be constructed by the Kerala State Electricity Board (KSEB) at Thalakkulathur under its Renewable Purchase Obligation (RPO) project will begin on January 21. Minister for Power Aryadan...

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Pumping Restarts on Iraq Oil Pipeline to Turkey

Date : Jan 11, 2016

Oil exports from northern Iraq through a pipeline to the Turkish port city of Ceyhan resumed on Wednesday after a 10-hour stoppage caused by a technical fault on the Turkish side of the border, a senior Turkish energy official...

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Iranian Industrialists Supply 70% of Petrochemical Equipment

Date : Jan 11, 2016

Deputy Petroleum Minister says Iranian industrialists supply 70% of the industrial items needed in petrochemical productions.

 

"We hope Iranian manufacturers will win a firm foothold in international markets besides...

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Maaden Subsidiary Gets $1bn Loan for 4 Ventures

Date : Jan 11, 2016

A subsidiary of Saudi Arabian Mining Company (Maaden) has won the approval of Saudi Industrial Development Fund (SIDF) for four long-term loans amounting to SR4 billion ($1.063 billion), a report...

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Orpic Restarts Sohar Refinery after Maintenance Shutdown

Date : Jan 11, 2016

Oman Oil Refineries and Petroleum Industries Company (Orpic) has begun a restart of its Sohar oil refinery after minor maintenance, it said on Wednesday.

 

The company did not say when the...

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Dewa, RWE to Develop Together Renewable Energy Projects

Date : Jan 11, 2016

Dubai Electricity and Water Authority (Dewa) has joined hands with RWE Technology, one of Europe’s leading engineering and project management companies, to boost co-operation in innovation, research and development in...

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Saudi Arabia Considers an IPO of Aramco

Date : Jan 11, 2016

Saudi Arabia considering listing shares in Saudi Aramco, the state-owned company that is the world’s biggest oil producer and almost certainly the world’s most valuable company. Muhammad bin Salman, the kingdom’s...

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Gas Leak at Kuwait Refinery Injures Worker; Operations Unaffected

Date : Jan 08, 2016

A gas leak that occurred at a major refinery in Kuwait injured a labourer but did not affect the plant's operations, it was reported.

 

Workers were able to control the leak in the second line of a gas...

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Chemanol Resumes Plant Production

Date : Jan 08, 2016

Production resumes this week at plants operated by Saudi Arabia's Methanol Chemicals Co (Chemanol) following routine maintenance, the company said on Wednesday.

 

Operations at its methanol plant and...

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Oman Sets Up OMR100mn Mining Firm

Date : Jan 08, 2016

In a major initiative to develop the Sultanate’s mining sector, four state-owned investment arms of Oman have come together to promote a OMR100-million mining development company called Mining Development Oman...

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Investment Approved for Ramagundam Floating Solar PV Project

Date : Jun 17, 2019

NTPC has received investment approval for a solar project in the state of Telangana.

 

The project involves setting up 100 MW Ramagundam Floating Solar PV Project, Phase-I in Peddapelli district of Telangana.

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IOC Plans to Invest over Rs 1300bn in Kolkata in Next 2 Years

Date : Jun 17, 2019

Indian Oil plans to invest over Rs 13 billion in West Bengal in the next two years in various disciplines that include BS VI compliance of IOC’s Haldia refinery, unveiling diesel emission additives, new retail outlets, solar...

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DEWA Seeks Consultants to Develop Floating Solar Power Plants

Date : Jun 14, 2019

Dubai Electricity and Water Authority, DEWA, has issued a request for proposal, RFP, for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf.

 

This is...

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HPCL’s LNG Terminal JV Takes Off, Awards First Contract After 6 Yrs

Date : Jun 13, 2019

Six years after forming a 50:50 joint venture–HPCL Shapoorji Energy Pvt Ltd–to set up a 5 mtpa liquefied natural gas terminal at Chhara in Gujarat, partners Hindustan Petroleum Corp Ltd and the Shapoorji Group have awarded 25 bln rupees...

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HPCL Launches Quality Assurance Campaign

Date : Jun 12, 2019

As a part of customer connect program, Hindustan Petroleum Corporation Ltd (HPCL) has launched a month-long quality and quantity (Q&Q) assurance campaign titled ‘HP hai Jahan bharosa hai wahan’ at its retail outlets across the...

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Petronet LNG Completes Dahej Import Terminal Expansion

Date : Jun 12, 2019

Petronet LNG has completed a 2.5 million mt/year expansion at the Dahej LNG import terminal which will be fully operational by the end of the month, sources familiar with the matter told S&P Global Platts. Petronet LNG, in a note...

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Sipchem Signs Primary Hydrogen Supply Deal with Aramco’s Unit

Date : Jun 12, 2019

Sahara International Petrochemical Company (Sipchem) has signed a 20-year hydrogen supply agreement with Saudi Aramco Shell Refinery Company (SASREF), based in Jubail Industrial City.

 

Under the deal, Sipchem...

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TNSLDC Launches Procedure for Deviation Settlement of Wind and Solar Projects

Date : Jun 11, 2019

Tamil Nadu State Load Dispatch Centre (TNSLDC) and Tamil Nadu Electricity Regulatory (TNERC) have issued the procedure for forecasting, scheduling, and deviation settlement mechanism of wind and solar...

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Ineos Signs Deal to Build $5bn Chemical Plants in Saudi Arabia

Date : Jun 11, 2019

Ineos, a leading manufacturer of petrochemicals, specialty chemicals and oil products, has signed agreements with state oil giant Saudi Aramco and French energy major Total to build three new plants in Jubail region of Saudi...

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Lukoil, Oil Minister, Discuss Prospects for Cooperation

Date : Jun 10, 2019

The President of Lukoil, Vagit Alekperov (pictured), has met with Thamir Abbas Ghadhban Al Ghadhban, Deputy Prime Minister and Minister of Oil of the Republic of Iraq, at the St. Petersburg International Economic...

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