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Emirates Post issues stamps to mark start-up of Unit 1 of Barakah plant

Dubai / WAM Emirates Post in collaboration with the Emirates Nuclear Energy Corporation (Enec), issued a distinctive commemorative stamp to celebrate the start-up of the first unit of the Barakah Nuclear Energy Plant, located in the Al Dhafra region of Abu Dhabi. The Barakah Plant, the first operating nuclear energy plant in the Arab World, recently started to generate clean ...

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Australia set for hydrogen plant

Bloomberg The desolate red sands of the Pilbara region in western Australia, home to most of the iron ore mines that account for a major chunk of the nation’s export income, may one day house an ambitious hydrogen export hub. The Asian Renewable Energy Hub, which would use electricity from wind and solar plants stretched across thousands of miles to ...

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PDVSA sues US for over $640mn in taxes on green fuel

Bloomberg A unit of Petroleos de Venezuela SA (PDVSA) sued the US to recover more than $640 million in excise taxes it says it overpaid on environmentally friendly fuels. PDV Holding Inc, the subsidiary of Venezuela’s national oil company, claims it improperly calculated tax credits and overpaid from 2005 to 2011. The company, which filed the lawsuit in federal court ...

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