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ITC offers PayBy in all Abu Dhabi taxis

ABU DHABI / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport announced that starting Sunday, taxis will start accepting cashless fare payments through PayBy. This new feature offers convenience, security, and a variety of payment options. It also reinforces levels of passenger safety using taxis, and enhances the quality of services provided to passengers through ...

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Plug Power plans to open hydrogen plant in Texas

Bloomberg Plug Power Inc plans to open a hydrogen-production plant powered by the wind near Fort Worth, Texas as part of a nationwide chain of facilities to make the clean-energy fuel. The plant will be able to produce up to 60 metric tons of hydrogen per day, Chief Executive Officer Andy Marsh said on a conference call with analysts, without ...

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Sasol to sell 30% Mozambique gas pipe stake for $361m

Bloomberg Sasol Ltd agreed to sell a 30% stake in a natural gas pipeline running from Mozambique to South Africa for as much as 5.1 billion rand ($361 million) in order to pay down debt. The deal rounds out an accelerated asset-sale program that has helped Sasol reduce borrowings that ballooned amid cost overruns at a giant US chemicals project ...

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