Monday 18 June 2018
 
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Azelio unveils new tech for low-cost solar energy storage

Swedish solar company Azelio recently launched a demonstrator of its unique technology for solar energy storage. The technology is revolutionising in its ability to generate clean electricity on demand around-the-clock in a distributed way. It has modularity benefits and is more

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Saudi Arabia, Russia agree to extend Opec+ deal

Russia and Saudi Arabia have agreed a termless extension of the Opec+ deal at the Moscow meeting, stated Russia’s energy minister as saying on Saturday, adding that the agreement stipulates output regulation at any moment, a media report said. "I would like to point ou

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Total extends Algeria gas exploration contract

French oil major Total and Algeria’s Sonatrach, Repsol and Alnaft have signed a new concession contract for a period of 25 years to extend the exploitation of the Tin Fouyé Tabankort (TFT) gas and condensate field.  This new contract, which will become effective

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Samsung to expand use of renewable energy

Samsung Electronics has announced its commitment to build on its strong progress of energy efficiency and operational emissions reductions to expand the use of renewable energy in its operations. The South Korean company is making a concerted effort in the US, Europe and China &n

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L&T unit gets top Mideast EPC contractors ranking

Indian engineering and construction major Larsen & Toubro (L&T) said one of its key subsidiaries, L&T Hydrocarbon Engineering (LTHE), has been ranked second in the Middle East’s Top 30 EPC (engineering, procurement and construction) contractors list for 2018. Wi

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Saudi Aramco unit inks partnership deal with Siluria

Saudi Aramco Technologies Company, a subsidiary of the world’s largest oil company, and Siluria Technologies, a leader in disruptive process technologies for the petrochemical and energy industries have executed a multi-plant technology licence for the integration of Siluria’s propr

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COTC technology 'to have key impact on chemical industry'

The convergence of two significant and revolutionary technological developments in the petrochemical industry - crude oil-to-chemicals (COTC) and oxidative coupling of methane (OCM) - are poised to have a very significant impact on the chemical industry, according to new analysis from IHS Marki

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ABB commissions 500MW interconnector in Canada

ABB, a leading power and automation technology company, said it has completed the Maritime Link, formally handing over the interconnector to Emera, a leading energy and services company headquartered in eastern Canada. The Maritime Link is a 500 megawatt (MW) high-voltage direct

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Marafi, Dolphin to develop terminal at Sohar Port

Oman-based Marafi, an Aysad Group subsidiary, and Qatar’s Dolphin Integrated have signed a shareholders’ agreement to develop an aggregate terminal at Sohar Port, a media report said. The proposed terminal with a loading capacity of approximately 8 million tonnes per

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Mubadala to launch $400m European tech fund

UAE-based Mubadala Investment Company (Mubadala) has planning to create a $400 million fund which will mainly invest in leading European technology companies. The announcement was made during London Tech Week, a week-long festival of technology and innovation focused on creating

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