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GCC natural gas projects ‘worth $73bn’The total worth of natural gas projects currently under development in the GCC states is as high as $73 billion, a top official said. The projects include those in the tendering or EPC (engineering, procurement and construction) p More… |
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ACC to substitute natural gas with coalEgypt-based Arabian Cement Company (ACC) has taken all steps needed to substitute natural gas with coal and refused derived fuel (RDF) as energy sources in its plant, said its CEO Jose Maria Magrina. He said that the company has a More… |
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ACC to substitute natural gas with coalEgypt-based Arabian Cement Company (ACC) has taken all steps needed to substitute natural gas with coal and refused derived fuel (RDF) as energy sources in its plant, said its CEO Jose Maria Magrina. He said that the company has a More… |
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Natural gas could oust diesel in many sectorsUnless prices for natural gas and crude start to converge soon in the US, the overwhelming incentive to switch to dual fuel engines which use a mix of diesel and natural gas will be overwhelming. More… |
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Fossil fuel still fastest growing energy sourceThe biggest energy challenge facing the world today is meeting the rapidly growing energy needs of emerging market nations, including the 1.3 billion people that have little or no access to modern energy, according to the World Economic Forum More… |
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Bahrain mulls plan to curb domestic power useBahrain may soon embark on an ambitious plan to curb domestic consumption of electricity and reduce gas emissions, a report said. If approved, the proposed scheme will help save up to 245MW of electricity per annum, according to t More… |
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Oman to raise gas prices for industrial usersOman will double natural gas prices for some industrial consumers by 2015, with a rise of 33 percent for 2013 alone, Oman's minister for financial affairs told Reuters on Monday in a rare Middle Eastern move to slash fuel s More… |
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iForex adds natural gas to tradable commoditiesTop currency trader iForex has recently introduced the popular CFD, natural gas to its list of tradable commodities, offering benefits from the movements in gas prices by trading the Henry Hub Natural Gas CFD. iForex has provided More… |
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Dana Gas ‘will not repay $920m sukuk’UAE-based natural gas firm Dana Gas will not repay a $920 million convertible Islamic bond when it matures on Wednesday and has reached a standstill agreement with bondholders, three sources said. Sharjah-based Dana, hit by paymen More… |
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Iranian gas flow to Turkey resumes after blastThe gas flow on a pipeline carrying Iranian natural gas to Turkey resumed on Sunday, almost a week after it was halted by an explosion in eastern Turkey, Turkey's energy minister said. "The Turkey to Iran natural gas pipe More… |
