Eka releases free COVID-19 risk-monitoring app to help firms secure their supply chain
26/03/2020 – News / Technology / Apps / Cloud / COVID-19 / Eka Software Solutions
Eka Software Solutions, the number-one cloud platform for commodity management, has announced the release of its COVID-19 Risk Monitoring – a free app designed to help customers and prospects quickly gain visibility into supply chain risks in order to better assess and mitigate risk.
Autonomous tech can mitigate business impacts of coronavirus
17/03/2020 – News / Technology / Autonomous / Drones / Business / Coronavirus / Percepto
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. However, autonomous technology can mitigate such business impacts, according to Ariel Avitan, Co-Founder & Chief Commercial Officer at Percepto.
Remote working will become ‘new normal’ that helps many firms through crisis – and comms tech will make it happen
17/03/2020 – News / Remote Working / Audio-Visual / Teleconferencing / Telecommuting / Technology / Aver
In times of crisis, for a business to continue to function through remote working is increasingly important – and with it, advancements in the communications technology that makes it work, says Rene Buhay of AV manufacturer AVer Europe.
Global Water Summit 2020 announces new dates following postponement
16/03/2020 – News / Utilities / Water / Event / Spain
Global Water Intelligence (GWI) hosts the Global Water Summit each year in the spring. This year’s edition was slated to take place 29th–31st March in Madrid. However, due to the ongoing disruption and newly imposed travel restrictions resulting from the COVID-19 outbreak, the Summit has been postponed. Organisers have announced it will now take place on 30th August – 1st September.
Crude collapse to crush US petchem advantage
12/03/2020 – News / Petrochemicals / Crude / Price / Industry / US / Coronavirus / Petrochem
The collapse in crude oil prices is wiping out much of the US petrochemical competitive advantage, while global demand is being slammed by the continuing spread of the coronavirus, reports Joseph Chang, Global Editor, ICIS Chemical Business.
The Big 5 Construct Qatar wins ‘Green Corporate Event’ prize
12/03/2020 – News / Construction / Building / Sustainability / Big 5 / Qatar / Tradeshow / DMG
International construction show The Big 5 Construct Qatar, which is gearing up for its third edition later this year, has taken the prize for ‘Green Corporate Event’ at the fourth annual Qatar Sustainability Awards.
Credit outlook for oil & gas sector changes to ‘negative’ for 2020
10/03/2020 – News / Oil & Gas / Saudi Arabia / OPEC / Russia
The credit outlook for the integrated oil and gas sector in 2020 has worsened to negative from stable, with oil prices set to average well below US$50 a barrel this year – even if Russia and Saudi Arabia ultimately agree to extend their oil output deal.
German business leaders visit KSA to explore opportunities in the Kingdom's transport sector
05/03/2020 – News / Transportation / Saudi Arabia / KSA / Investment / Business / Transport / Germany
The Saudi Minister of Transport, H.E. Saleh bin Nasser Al-Jasser, has met with an official delegation of German business leaders to explore the most promising opportunities in Saudi Arabia’s transport sector. The meeting took place at the received at the Ministry’s headquarters in Riyadh.
Metso celebrates First Pour at new foundry in Vadodara, India
05/03/2020 – News / Metso / India / Vadodara / Foundry / Manufacturing / Metals
In 2018, Finland-headquartered industrial solutions giant Metso announced a greenfield foundry project in Vadodara, in India’s Gujarat state, with a target to increase the casting wears capacity for the mining and aggregate industries. The ‘First Pour’ event of the new project was recently celebrated in India – and the foundry is expected to start production for customer deliveries for local and global markets this month.
GCC industry event addresses global carbon circular economy challenge
02/03/2020 – News / Energy / Saudi Aramco / Event / Saudi Arabia / iCCUS 2020 / CO2
Last month, KSA’s energy giant Saudi Aramco hosted the international Carbon Capture, Utilization & Storage conference 2020 (iCCUS 2020) in Riyadh, as the region’s industrial community explores one of the major solutions for limiting CO2 emissions.
The Big 5 Saudi expands heavy machinery offering amid KSA’s infrastructure demand
18/02/2020 – News / Construction / Infrastructure / Heavy Machinery / DMG Events / The Big 5 Saudi
Organiser of The Big 5 Saudi, dmg events LLC, has announced the addition of a new outdoor area to facilitate the increased presence of PMV and heavy machinery exhibitors at the premier event, which returns to Jeddah in March for its 10th edition.
Ørsted’s remarkable transformation earns it world’s most sustainable business accolade
18/02/2020 – News / Renewables / Orsted / Denmark / Sustainability / Energy / Decarbonisation
Danish energy firm Ørsted is the world's most sustainable company, according to the recently announced Global 100 ranking. Having completed a fundamental business transformation from fossil fuels to renewables over the past decade, Ørsted is now urging all countries and companies to reduce their carbon emissions to help limit global warming to 1.5ºC.
Rebrand of top petroleum show reflects energy industry’s evolution
18/02/2020 – News / Energy / Petroleum / Oil / Gas / Show / Exhibition / Conference / Canada / Calgary
Global Petroleum Show – North America's leading energy event – has announced a complete rebrand to ‘Global Energy Show’ to reflect the industry's continued evolution, as the show builds upon significant technological and sustainable achievements driven by oil & gas and moves to also encompass alternative energy sources. The rebrand comes in advance of the 54th edition of the annual show, taking place in Calgary this June (9th–11th).
Middle East to help boost ‘smart cities’ technology market to US$1.7 trillion by 2023
13/02/2020 – News / GCC / Smart Cities / Technology / 5G / Dhabi / WFES / Transportation
Increased adoption of automation will play a crucial role in boosting the global smart cities market to US$1.7 trillion by 2023, according to industry experts – and developments in the Middle East are helping to drive smart city innovation – from the UAE’s Masdar City, Bee’ah headquarters, and hyperloop connecting Abu Dhabi to Dubai, to Saudi Arabia’s NEOM smart city, and Egypt’s New Administrative Capital in East Cairo.
SAEV to invest $500m in renewables and efficiency tech to diversify energy mix
13/02/2020 – News / Energy / Renewables / Technology / Saudi Aramco Energy Ventures
Saudi Aramco Energy Ventures (SAEV), the corporate venture capital arm of KSA’s state-owned oil giant, is planning to set up a US$500m fund to promote energy efficiency and renewable energy solutions.
6 tech trends that WON’T be ready in 2020
13/02/2020 – News / Technology / Trends / ABI Research / Global
As with every new year, predictions on technology advancements are in abundance. After a tumultuous 2019 beset by many challenges – both integral to technology markets and derived from global market dynamics – 2020 looks set to be equally challenging, according to ABI Research, which has outlined a number of tech trends that it predicts are unlikely to come to fruition this year.
Global chemicals trade threatened by Middle East escalation
11/02/2020 – News / Chemicals / Trade / Iran / Supply / Industry / Risk / Middle East / ICIS
Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, says Will Beacham, Deputy Editor of ICIS Chemical Business – with a knock-on effect for the world’s already fragile manufacturing economy.
Carbon tax waiver on coal may pose risk to India’s renewable energy growth
11/02/2020 – News / Coal / India / Power / Renewables / Carbon / Tax / Waiver / Energy
With India’s coal power sector struggling over the past few years, the Indian government has proposed a carbon tax waiver on coal – one that may pose significant risk to the country’s renewable energy sector growth, according to analytics firm GlobalData.
Become a sponsor of south-east Europe's largest gas conference & expo
05/02/2020 – News / Oil & Gas / Event / Europe / Croatia
It is our pleasure to invite you to register for the JUBILEE 35th INTERNATIONAL SCIENTIFIC & EXPERT MEETING OF GAS PROFESSIONALS which will be held from 6–8 May, 2020 in the Congress Centre of Grand Hotel Adriatic in Opatija, Croatia.
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