The Global Manufacturing and Industrialization Summit (GMIS) has today announced that its fourth edition (GMIS2021) would invite global leaders to the United Arab Emirates to spearhead discussions on the future of the US$6.8 trillion global digital transformations. The GMIS2021 agenda will spotlight the importance of data intelligence and connectivity, highlighting the evolving integration of humans […]
The Gulf of Mexico is on fire, set on fire by another oil and gas corporation. This time it’s Mexican. Natural gas is burning. Such surrealistic paintings bring us closer to extinction, and it’s speeding up. Mexico’s state-owned oil company said on June, 2 it suffered a rupture in an undersea gas pipeline in the […]
Renewable energy sources (RES) stations to appear in 2020 will reduce the cost of the electricity sector by at least $ 6 billion. It means that renewable energy continues to spread across the planet, despite the pandemic, and is becoming cheaper. Nearly two-thirds of solar and wind power plants built in 2020 produce electricity that […]
Iraq is in talks with Masdar to implement solar energy projects targeting an electricity capacity of up to 2 gigawatts, Oil Minister Ihsan Abdul Jabbar told Asharq Business, Arab News reports. There are also discussions with Saudi ACWA Power, to implement renewable energy projects, he added. “It is expected to sign contracts for renewable energy […]
Despite concerted efforts to move away from oil and gas resources as the mainstay of their economies, Oman and its peers in the Gulf Cooperation Council (GCC) will continue to remain dependent on hydrocarbons over the foreseeable future, according to a key report by Moody’s Investor Service. Moody’s warned in its report that Gulf states’ […]
While the economy is slowly recovering, the world is plagued by scarcity and price surges that have affected everything from the supply of Taiwanese chips to the cost of a French breakfast. Supply issues deserve particular attention, such as scarce metals and limited land resources, which threaten to slow the explosive development of clean energy […]
For many years, fossil fuels have been providing electricity and heat to industry, transportation, and people. At the same time, the use of “dirty” fuels produces 73% of all greenhouse gas emissions in the world. Over 150 years, this has significantly exacerbated the greenhouse effect and led to a climate crisis. To mitigate the effects […]
Danish developer of offshore wind farms faces competition from traditional energy companies moving into the renewables market. Orsted plans to spend 350 billion Danish kroner ($57bn) by 2027 to be the world’s leading green energy provider, the National News reports. But the Danish firm, already the biggest developer of offshore wind farms, faces increasing competition […]
This week has brought us a new huge green hydrogen project announcement in the Middle East. Let’s begin from Egypt’s turn. The most populous Arab nation is planning to invest up to $4 billion in a project to create hydrogen through electrolysis powered by renewable energy, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker […]
GE Renewable Energy’s Grid Solutions has won a deal from Doosan Heavy Industries and Construction Co. Ltd. to build a turnkey substation that will power the Yanbu-4 independent water producer plant, Arab News reports. This is the first integrated, seawater reverse osmosis project in the Kingdom that uses clean energy. Scheduled to be operational in […]
