S&P Global Platts, the independent provider of information and benchmark prices for the commodities and energy markets, has announced to deploy a secure Blockchain network to allow market participants to submit weekly inventory oil storage data to Fujairah Oil Industry Zone (FOIZ) and the regulator FEDCom
Industry
Energy demand grows as fuel mix continues to diversify: BP Energy Outlook 2018
BP has published 2018 edition of Energy Outlook, which considers the forces shaping the global energy transition out to 2040 and the major uncertainties surrounding that transition
Energy Recovery receives US$6.2mn award for desalination projects in Saudi Arabia
Energy Recovery, Inc (ERII), an energy solutions provider to industrial fluid flow markets worldwide, has received total awards of US$6.2mn to supply its PXTM Pressure ExchangerTM technology for desalination projects in Saudi Arabia
UAE Energy Minister seeks to formalise OPEC/non-OPEC co-operation
HE Suhail Mohamed Faraj Al Mazrouei, UAE Minister of Energy and President of the OPEC Conference 2018, has announced that he is working to formalise the co-operation between OPEC and its non-OPEC allies
Coperion Middle East opens new service centre in Al Jubail, Saudi Arabia
Coperion Middle East Co, Ltd has opened a new facility in the Jubail 2 district with a two day customer event in early February 2018