Aramco creates Saudi Aramco Retail Company to engage in the direct-to-consumer segment of downstream business
Saudi Aramco announced the creation of Saudi Aramco Retail Company (RetailCo), a wholly-owned subsidiary established to cater for fuel retailing, creating a sustainable and profitable business that integrates across the hydrocarbon value chain.
Thyssenkrupp fertiliser production technology wins Ma’aden contract
Ma’aden will use the dual-pressure ammonia process developed by Thyssenkrupp Industrial Solutions in the new ‘Phosphate 3’ ammonia plant at its fertiliser complex.
Opinion: Managing risks in the investment process
Risks can come about unexpectedly to companies, especially if they do not have reliable sources of information regarding changing regulations, sanctions, and market price change for equipment, feedstock and products, in advance. Projects still have to be completed, sometimes at a higher cost, comment Colin Chapman and Ekaterina Kalinenko of Euro Petroleum Consultants.
"LNG-to-power is being considered as a long-term power solution"
We have enough experience in LNG projects and without doubt, our presence in the Middle East since 10 years ago will allow us to add value to our clients in the future LNG projects, says Javier Banús, head of oil and gas business development at ACCIONA Industrial.
"Gas-to-power projects are already on the agenda of many governments around the world"
In a scenario, in which sustainability and the reduction of CO2 emissions have to coexist with security of supply, gas-to-power projects constitute an efficient and robust option for the electricity system and emerge as the necessary complement to the energy mix of the future, says Javier Banus, head of oil and gas business development at ACCIONA Industrial.
RSA-TALKE creates comprehensive chemical bulk liquid supply chain destination in JAFZA
RSA-TALKE, a joint venture of Dubai-based third party logistics provider RSA Global, and Germany-based TALKE Group, announced the expansion of its portfolio of services for customers across the GCC with the completion and opening of its new dangerous goods warehouse.