In Europe, there is a shortage of natural gas and a fivefold increase in gas prices before the onset of winter. In addition, the northern hemisphere has now added oil shortages, Euronews states. Experts warn that in the event of severe frosts, heat bills could increase by 40%. Gas prices rose due to growing industrial […]
The Public Establishment for Industrial Estates (Madayn), along with Mubadrah and Solar Wadi signed on October 12 an agreement covering the establishment of a 100MW solar PV farm in Suhar Industrial City to be operational in 2022, Oman Observer states. The project is part of the overall strategy of Madayn in providing a significant portion […]
US-based global technology firm KBR has announced that it has been selected by India’s ACME Group to provide its breakthrough technology for a green ammonia project to be built in Oman at an estimated cost or $3.5 billion, Oman Observer states. Under the terms of the contract, Houston-based KBR will provide technology license, engineering, proprietary […]
Gas was, is, and will remain the most realistic option to attain the energy transition, spur economic growth and social progress by providing competitive prices and a secure and abundant energy source. This opinion tha author from GD Online promotes. Let’s get aquinted with this point of view. These benefits are further reinforced by the […]
On the path to carbon neutrality, more than 40 countries and the European Union – representing over 70% of global CO2 emissions – have committed to net zero objectives, most of them by 2050. The deployment of low-carbon energy sources will be vital to reducing emissions from the energy sector, in which electricity and heat […]
Electric vehicles charged using power generated directly by solar panels are being used for the first time at Expo 2020 Dubai by UPS, Expo’s official logistics partner. Sunlight is captured from panels on the roof of DP World’s Flow pavilion at Expo 2020, The National News reports. It flows through an inverter to an off-grid […]
Everything new is well forgotten old. Remember the photo of electric cars of the early twentieth century? For decades, people believed that autonomous electric vehicles were an anachronism that died just after birth due to inconvenience in use. But now, electric cars have become commonplace. Moreover, the European Commission has already announced that from 2035 […]
Power has been restored in Lebanon, officials say, after a 24-hour shutdown of the country’s energy supply, BBC reports. The energy ministry says the central bank has granted it $100 m of credit to buy fuel and keep its power stations operating. The power grid shut down on October 9, and officials said it was […]
The world’s first solar-powered vehicle charging point has been launched at Expo 2020 Dubai where it will be used by the courier service UPS to power its fleet of electric delivery vans, Arab News reports. UPS made the announcement alongside its partners Arrival and DP world at a press conference at the Expo site on […]
The kingdom’s Public Investment Fund has been investing more in businesses that benefit from a transition away from fossil fuels, mirroring Saudi Arabia’s broader strategy to diversify its economy from reliance on crude sales. Saudi Arabia’s $430 billion sovereign wealth fund plans to announce its first green debt issuance as it looks to increase the […]
