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Hyperloop may transit passengers between Dubai airports in six minutes

Dubai / WAM Innovative Hyperloop connections could reduce travel times between Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) by around 34 minutes at some stage in the future, according to expert panelists speaking on Arabian Travel Market’s Global Stage. Providing a lightening-speed Hyperloop transit system would allow airport passengers to travel between both airports in as little ...

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Libya says yet to approve Total’s $450mn deal for Marathon assets

Bloomberg French oil giant Total SA said last month it had acquired Marathon Oil Corp.’s assets in Libya in a $450 million deal. Not so fast, says the country’s state energy company. Libya’s National Oil Corp. hasn’t yet approved the transaction and is “discussing arrangements” for the proposed sale with the country’s presidency council, Chairman Mustafa Sanalla said on Monday. ...

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China targets 100% clean power for new economic zone

Bloomberg China aims to supply a new economic zone being built near Beijing, known as the Xiongan New Area, with 100 percent clean electricity, according to the Xinhua News Agency. The goal is part of an ambitious plan by President Xi Jinping to remake a backwater region into a glittering new technology and innovation hub. Electricity will account for more ...

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