In the wake of the burgeoning push to find project financing for new types of greener energy projects and innovations, Badar Chaudhry, senior vice-president, unit manager, energy sector, Mashreq Bank, is raising the critical question– how to avoid a potentially financially crippling surge in stranded fossil fuel assets, notably coal and oil
Industry
Oil prices declined as the market reacts to new COVID-19 strain setback: Rystad Energy
The new strain of COVID-19 is affecting some oil demand but the news of a final US stimulus agreement are also too significant to brush off, according to Louise Dickson, oil markets analyst at Rystad Energy
Global oilfield communications market to be worth US4.5bn by 2025
The global oilfield communications market size grew from US$3.4bn in 2020 to US$4.5bn by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period
Aramco and Cognite partner to accelerate digitalisation
Saudi Aramco Development Company, a subsidiary of Aramco, and Cognite AS, a leading industrial software company, have agreed to establish a joint venture to progress digitalisation in Saudi Arabia and the broader Middle East and North Africa region
Leading energy companies announce Transition Principles
Eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition
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