Energy MENA Edition
Latest News
U.S.-based McDermott says its participation in Russian petrochemical project is legal
Houston-based McDermott will provide ethylene technology and extended basic engineering for two ethylene crackers
Shares of London-listed oil firms fall after Labour touts tax
Main opposition Labour Party pledged to raise taxes on the sector if it wins a Dec. 12 election.
Energy group Total criticises EIB's decision not to finance gas
EIB said last week that it would stop funding fossil fuel projects at the end of 2021
Dubai Chamber Sustainability Week 2019 kicks off
Taking place from 21st to 28th November, Dubai Chamber Sustainability Week 2019 is being held under the theme "World Without Waste"
Alibaba, Saudi Aramco share sale bonanza fails to deliver banks fee windfall
Saudi Aramco fees also pared to $90 mln as deal size drops
Petroleum Development Oman signs five MoCs with key partners
Company signed five agreements with partners to share expertise through on-job training opportunities
Egypt converts 17,000 vehicles to bi-fuel operation in 4 months
Nearly 192mln cubic metres of natural gas have been sold in four months
Nebras Power buys stake in Oman renewable energy firm
The solar power project is a continuation of latest in a series of international investments for Nebras Power
Al Khair National to sell shares in Gulf Cable
Al Khair National holds a 36.725% stake in Gulf Cable
Private hospital in Bahrain signs $1mln deal to install solar power system
Project is expected to generate 1MW of power for the 100-bed multi-speciality hospital
Insights
Saudi Arabia can be green finance hub for EMs: KPMG
The amount of capital required to support the energy transition is vast
Cairn obstructs Delhi’s $100bln energy target
An international tribunal is due to rule on the row between New Delhi and Britain’s Cairn Energy in the coming months
Global economy dodges recession by narrowest of margins: Kemp
World trade volumes were down almost 1.5% in the three months from June to August