The oil giant has invested in building a global developable data centre and plans, at the same time, to double its capacity, noting that the oil and gas sector is no way far from the technological advancement.
In the oil-rich UAE, an unusual sight is rising in Dubai, a coal-fired power plant, a first for the region. The $3.4 billion Hassyan power plant in Dubai appears puzzling as the UAE hosts the headquarters of the International Renewable Energy Agency
Kuwait plans to open the Al-Zor LNG terminal by March, citing anonymous sources. Al-Zaur will be the largest plant of its kind in the Middle East. The plant will have a capacity of 22 million tonnes of LNG per year to double the field capacity.
Russia’s 2nd-largest producer, Lukoil, is eager to increase its oil production in Iraq once the production cuts of the OPEC+ group end. Lukoil, which operates the large West Qurna-2 oilfield in Iraq, looks beyond this year and plans to increase its production in what is a key region for the company.
The Spanish electrician Elecnor, the contractor of a solar project underway in the Upper West region of Ghana, has just delivered its first results. On October 10th, 2020, the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, commissioned a photovoltaic solar power plant in the town of Lawra.
Azelio has signed a memorandum of understanding (MoU) with Morocco-based Jet Energy to explore energy storage projects with Azelio’s TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with Jet Energy as project developer.
Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, announced the development of a new green energy production complex in the country. Located in the Gulf of Suez, this wind power complex will have a capacity of 2,000 MW.
The London-based oil company said it has partnered with ENI Spa, Equinor, National Grid PLC, Royal Dutch Shell PLC and Total SE to form the Northern Endurance partnership..
Both parties intend to re-evaluate the scope of the COTC complex project and study the integration of Saudi Aramco’s existing refineries in Yanbu with a world-scale mixed feed steam cracker and downstream olefin derivative units.
State-owned Europe-Asia Pipeline Co. says agreement, reached as part of normalization pact, will see much more oil pumped through major link between East Asia and Europe
Tullow in a statement on Wednesday announced that the ministry of Energy and Mineral Development and Uganda Revenue Authority approved the deal valued at $575 million
Both parties intend to re-evaluate the scope of the COTC complex project and study the integration of Saudi Aramco’s existing refineries in Yanbu with a world-scale mixed feed steam cracker and downstream olefin derivative units.
After months of mandatory/necessary WFH implementation, business executives as well as workers are assessing its long-term potential and shaping their opinions on it. Will it last, once the public health emergency is over?
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