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thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

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A water electrolysis plant as well as a facility for sustainable ammonia production are planned to be constructed at KIZAD in Abu Dhabi, UAE, based on thyssenkrupp technology. It will be the first commercial plant to produce CO 2 -free green ammonia from renewable resources in the UAE. Helios plans to invest more than AED3.67

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Are the futures market, CNBC’s oil traders, analysts, and major fund investors, and others, being lulled into an unjustified consensus?

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Northeast Utilities and its subsidiary NStar had agreed to buy 27.5%

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Opinion: Is Russia Plotting To Bring Down OPEC?

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They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. The emergence of the U.S., This has transformed the U.S.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget. million), and its allies, UAE (2.87), Kuwait (2.8), and Qatar (.67), Asian customers are taking advantage of the competition.