News

Wood Mackenzie: ‘Saudi Arabia’s crude dominance in Asia – A thing of the past?’

30/03/2015 / Asia / Saudi Arabia / crude / energy / news / oil / price

In a recent report titled ‘Saudi Arabia’s crude dominance in Asia – A thing of the past?’, Wood Mackenzie points out that Saudi Arabia is taking steps to protect its market share in Asia - its largest market for crude oil exports. Saudi Arabia is forced to act as other crude suppliers have been making steady inroads in to Asia in the last few years reducing Saudi Arabia’s market share. If Saudi Arabia were to maintain its current crude oil export volume of 227 million tonnes (Mt) to Asia, by 2020 its market share will reduce from 23 per cent to 21 per cent. More importantly, this would mean a lost market opportunity for Saudi Arabia from Asia’s 135Mt of incremental crude oil import potential by 2020.

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VIKING LifeCraft™ concept welcomed at IMO

30/03/2015 / IMO / Viking / equipment / lifecraft / maritime / news / safety / technology

VIKING Life-Saving Equipment has taken an important step on the road to gaining approval for the VIKING LifeCraft™, its innovative alternative life-saving appliance (LSA) that could revolutionise safety on passenger ships.

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World Bank Group launches the Lighting Africa programme for Nigeria

25/03/2015 / Africa / IFC / Nigeria / World Bank / development / electricity / lighting / news

IFC, a member of the World Bank Group, has launched the Lighting Africa programme for Nigeria. A joint initiative of the IFC and the World Bank, the programme will help increase access to affordable, clean and safer lighting for more than 30 per cent of Nigeria’s population who live in rural areas, and have low incomes and no access to grid electricity.

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Petcore Europe's workshop explores recycling rigid PET thermoforms

25/03/2015 / Europe / PET / news / plastics / recycling / technology

Petcore Europe – the European trade association based in Brussels representing the whole PET value chain in Europe – recently convened a workshop on the Recycling of Rigid PET Thermoforms in Brussels involving 50 leaders and experts from across the continent and spanning the whole PET value chain. Some of the most important companies and organisations – from PET producers, to converters, users, recyclers, technology providers and collection agencies – discussed how the industry can work together to make PET thermoforms the best recyclable thermoformed packaging in its category.

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Dubai's Smart Skyscrapers Summit to shine spoylight on energy efficiency in sustainable high-rise developments

25/03/2015 / 2015 / Dubai / Middle East / UAE / construction / efficiency / energy / event / news / skyscrapers / smart / summit

The global march towards sustainable urban development is virtually all-pervasive. With more and more governments climbing on the sustainability bandwagon, energy efficiency has become the buzzword like never before, and particularly when viewed within the context of urban skyscraper development. Indeed, energy efficient high-rises and green buildings have become a priority consideration for urban planners, architects, builders and government regulators the world over, and nowhere more so than in the Middle East countries, with their highly ambitious plans for large-scale sustainable development. The critical importance of energy efficiency will be highlighted during sessions at the 2015 edition of the Smart Skyscrapers Summit, which runs from 11-12 May 2015 at Sofitel The Palm Resort and Spa, Dubai, UAE. The summit is held under the patronage of the Dubai Municipality and is produced by global conference organiser, Expotrade.

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