Victoria Cleland, Chief Cashier, Bank of England, with the new £10 polymer note. (Image courtesy: Bank of England)
As it is made of polymer, the new £10 note is cleaner, safer and stronger. It joins the Churchill £5 in the first family of polymer Bank of England banknotes and a new £20 note featuring J.M.W Turner will follow in 2020.
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Energy consultancy and advisory firm collaborates with SBC Energy Institute to form new body that aims to develop and share with stakeholders technological, economical, and forward-looking insights on energy transition
The city, which will be developed over 50 sqkm of land allocated for energy-related industries, will complete its first phase that covers almost 12 sqkm by 2021
SANAD is a 50:50 joint venture between Saudi Aramco and American drilling contractor Nabors to own, operate and manage onshore drilling rigs in Saudi Arabia
Used on more than US$60 billion worth of projects since its implementation in 2011, the contract extends the oil company's use of the Coreworx solution as the corporate interface management standard on their major capital projects.
Word in the market suggests UAE oil giant ADNOC may list its distribution business in just the Abu Dhabi Securities Exchange (ADX) in Q4 2017, as opposed to Aramco's plan of launching the IPO in 2018 in a local as well as foreign capital markets
The industry has already witnessed 15 upstream project sanctions which equates to about 8bn barrels of oil equivalent of reserves, mostly in brownfield projects
ADNOC has announced it is considering the stock listing of minority stakes of some of its services businesses with 'attractive investment and growth profiles', as part of its 2030 growth strategy
Today, trucks account for almost a fifth of global oil demand, or around 17 million barrels per day, equivalent to the combined oil production of the United States and Canada.
The Europe, Middle East and Africa biennial conference will be at The Hague, The Netherlands, during 7-9 March 2018.
The MoU lays out a comprehensive engine and pump business cooperation framework, through the formation of a joint venture to manufacture two-stroke engines, four-stroke engines and marine pumps, including sales and aftersales services in the MENA region.
With chemical industry's largest supercomputer creating new opportunities for researchers to carry out complex modelling, BASF presents wide-ranging uses of digital tools to develop innovative products.
The key findings of the Inmarsat Research Programme report reveal that almost all (97 percent) respondents are experiencing, or expect to experience, significant benefits from the deployment of IoT technologies.
Masdar will provide technical advisory services, and explore renewable energy solutions for DP World's ports and free zones in the Middle East and Africa.
Using advanced cell engineering technologies at Synthetic Genomics, the ExxonMobil-Synthetic Genomics research team modified an algae strain to enhance the algae's oil content from 20 percent to more than 40 percent.
A 2-million barrel cargo of Basrah Heavy was awarded at a premium of US$1.18 over the August Basrah Heavy Official Selling Price.
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