Around 22% of greenhouse gases are explicitly priced and less than 4% are priced at US$40 per tonne — the minimum price considered necessary to meet Paris Agreement targets, according to GlobalData analytics
Industry
OSSO announces UK headquarters and new hires
OSSO, the specialist fluid temperature control and separation solutions provider, has announced its move to larger headquarters in Aberdeen, UK and appoints six new hires across the Middle East and Europe as part of its global growth strategy
Lanaz to use Honeywell technology to modernise Iraqi refinery
The Lanaz Company will use Honeywell’s UOP modular naphtha hydrotreating and fixed-bed Platforming process units to upgrade its refinery in Iraq so it can produce more cleaner-burning transportation fuels
ADNOC invests close to US$1bn in the long-term development of Umm Shaif Field
Abu Dhabi National Oil Company (ADNOC) has announced the award of a US$946mn Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field
Engaging customers and employees with techoration
Erdem Soyal, vice president Middle East and Africa, Barco, discusses how technology and imagination can transform your business-as-usual