Recent Posts

UAE cinemas to return to full capacity

  Abu Dhabi / WAM The Media Regulatory Office of the Ministry of Culture and Youth has announced that cinemas in the UAE will be operating at maximum capacity from Tuesday, February 15. The decision was issued by the National Emergency Crisis and Disasters Management Authority (NCEMA). NCEMA stipulates that each emirate can modify cinema capacity, easing or tightening procedures ...

Read More »

ConocoPhillips considering $1 billion Permian assets sale

  Bloomberg ConocoPhillips, one of North America’s largest energy explorers, is considering a sale of operations worth more than $1 billion in the Permian Basin, according to people with knowledge of the matter. The company is working with an adviser to run an auction process for the assets, said the people, who asked not to be identified because they weren’t ...

Read More »

Ambani’s Reliance seeks to be top blue hydrogen maker

  Bloomberg Reliance Industries Ltd, helmed by Asia’s richest man Mukesh Ambani, aims to be among the largest producers of blue hydrogen at “competitive cost” in its ambitious green-energy transition plan. The Mumbai-based company will re-purpose a $4-billion plant that currently converts petroleum coke into synthesis gas to produce blue hydrogen for $1.2-$1.5 a kilogram, according to a presentation. So-called ...

Read More »
Send this to a friend