PetroChina plans to close its largest refinery, the Dalian Petrochemical plant, located in downtown Dalian, China, by 2025. This facility, which processes 410,000 barrels of oil per day and represents about 3% of China’s total refinery output, will be relocated following years of pressure from local authorities due to safety concerns and previous incidents in […]
The Nordic power market is set to change its day-ahead pricing method on Tuesday to enhance grid efficiency and facilitate better integration of renewable energy sources. This updated approach involves 12 bidding zones across Norway, Sweden, Denmark, and Finland, interconnected through transmission lines. Traditionally, the four Nordic transmission system operators (TSOs)—Svenska kraftnat, Statnett, Energinet, […]
President Tayyip Erdogan announced on Tuesday that Turkey plans to build its own “Steel Dome” multi-layered air defence system soon and stated that Ankara intends to increase its long-range missile capabilities. NATO member Turkey has reduced its dependence on external suppliers of defense equipment. It has become a leading manufacturer of armed drones for the […]
On a landmark occasion, EWEC (Emirates Water and Electricity Company) and ADNEC Group have signed a strategic partnership agreement to power the ADNEC Centre Abu Dhabi entirely with renewable and clean energy. This initiative marks the venue as the first and largest event space in the Middle East to operate on 100% clean energy, significantly […]
