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Empower records 560,000 electronic deals in 2020

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that, during 2020, the number of electronic transactions performed by its customers surged noticeably to reach approximately 560,000, with an increase of more than 12 percent compared to the year 2019. This reflects the company’s apparent contributions to the ‘Dubai Paperless Strategy’ that ...

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Ship orders slump 50% with owners unsure over green fuel

Bloomberg Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to. Ammonia, hydrogen, biofuels and electrification are some of the many contenders to power the world’s future merchant fleet, but most are only in the trial stage and won’t be scalable for ...

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Half of South Africa’s oil refining to shut until 2022

Bloomberg South African plants owned by Glencore Plc and Petroliam Nasional Bhd that make up 43% of the nation’s oil-refining capacity are expected to stay shut until at least 2022, according to energy consultant Citac. Astron Energy Ltd, a unit of Glencore, has yet to restart the 100,000 barrel-a-day Cape Town refinery after a deadly explosion and fire in July. ...

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