Midsummer's mega solar factory to be located in FlenThe municipality of Flen in central Sweden has been chosen by Swedish manufacturer Midsummer as the location for its new 200 MW mega factory for the production of thin film solar cells for the European market. The factory, which is partially funded by the EU I More… |
WEF charts path to renewed dialogue, collective actionAmid rising geopolitical tensions and a deepening North-South divide, the World Economic Forum (WEF) has assembled 1,000 global leaders and experts to chart a collective course towards a more stable, sustainable and inclusive future. The Special Meeting on Glo More… |
Nakilat 2024 Q1 net rises 6.1pc to $115.4mNakilat, Qatar’s premier LNG shipping company, has seen its first-quarter (Q1) 2024 net profit rise 6.1% to QR420 million ($115.4 million) compared to QR396 million during the corresponding period in 2023. For the period, the company achieved total reven More… |
Rapid expansion of batteries 'key to meet climate goals'Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical to delivering the climate and energy targets outlined at the COP28 climate co More… |
Aramco mulls Rongsheng JV, eyes China downstream dealsSaudi oil giant Aramco has announced plans to set up a new joint venture with Chinese group Rongsheng Petrochemical through its major refinery unit Sasref (Saudi Aramco Jubail Refinery Company). One of the world’s leading integrated energy and chemicals More… |
EWEC announces partners for 1.5 GW solar projectEWEC (Emirates Water and Electricity Company) has announced the award of its 1.5-gigawatt (GW) Al Ajban Solar PV Independent Power Project to an international consortium. The development of the utility-scale solar power plant was awarded to EDF Renewables and Korea Western Power Company (Kowe More… |
UAE to add 6.34GW 'green' power capacity by 2030The United Arab Emirates is making continuous progress in the renewable energy sector and the country is expected to add 6.34 gigawatts to its power capacity from green projects between 2024 and 2030, through 12 planned projects, an expert has said. The countr More… |
Aramco becomes FIFA's Major Worldwide PartnerAramco, one of the world’s leading integrated energy and chemicals companies, has signed a four-year global partnership with FIFA (Federation Internationale de Football Association), the international governing body of football. The company becomes More… |
Technip Energies wins EPC contract for big Oman LNG projectTechnip Energies, a leading engineering and technology company for the energy transition, has announced that it has secured a substantial contract from global oil major TotalEnergies and Omani group OQ for the Marsa LNG integrated complex in Sohar, Oman. More… |
Vallourec inaugurates new tubular management yard for AramcoVallourec has opened its new Tubular Management Services (TMS) Yard in Dammam, Saudi Arabia, exclusively for Aramco. The yard is part of a 10-year agreement between the two companies, which was established in 2022. The agreement covers the supply of casing and More… |