Blog

Oil & Gas

IRAQ AIMS TO DEVELOP 7 NEW REFINERIES WITH A CAPACITY OF 500,000 BARRELS PER DAY.

Iraq is embarking on a strategic initiative cooperation with the American company Honeywell, aiming to construct 7 new oil refineries with capacities reaching 500,000 barrels per day.

2 years, 4 months

Oil & Gas

ALGERIA PARTNERS WITH CHEVRON, RESOLVES DISPUTE FOR ENERGY SECTOR GROWTH.

Algeria is venturing into new territory in energy industry growth by forging alliances with prominent international developers to tap into its vast potential in the oil and gas sectors. in a recent development, Algerian energy giant Sonatrach and its us counterpart chevron have signed a memorandum of understanding to explore opportunities for developing hydrocarbon resources in areas of mutual interest within the Ahnat and Berkine basins.

2 years, 4 months

Power Grid

AUSTRALIA IS BUILDING A GIANT ELECTRICITY STORAGE BATTERY.

Australia is making strides to bolster its capacity to accommodate the surge in renewable energy production, a cornerstone in its strategy to combat greenhouse gas emissions and address the pressing challenges of climate change.

2 years, 4 months

Power Grid

THE LARGEST SOLAR POWER PLANTS IN THE WORLD.

Chinese dominance is evident in the compilation of the world's largest solar power plants, where they claim five spots out of ten. Notably, the recently inaugurated Xinjiang Farm stands as the largest globally, boasting a capacity of 5 GW.

2 years, 4 months

Oil & Gas

GLOBAL OIL FLOWS THROUGH CAPE OF GOOD HOPE RISE 50%.

Oil flows through the Cape of Good Hope route, situated at the southernmost point of Africa, have surged by approximately 50% in the initial five months of 2024 compared to the average of 2023, attributing this increase to shifts in global shipping patterns.