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Energy Sector Grapples with Hydra-Headed Problems of Global Supply and Demand
At the recent COP-26 climate summit in Glasgow, government officials and leaders of international organisations put the spotlight on the energy sector. This year marked the first meeting of the Energy Transition Council, formed to accelerate the shift to cleaner
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Meet the SATORP Team: Guardians of the Rolls-Royce of Refineries
Sulaiman M Ababtain Sulaiman M Ababtain, president and CEO of SATORP, oversees one of the world’s most advanced refineries, capable of processing 460,000 barrels of oil per day. He is also on the steering committee for the Amiral Project, a
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Uzbekistan on the Path to Becoming Carbon-Neutral
In the race to become carbon-neutral, it is useful to look at where the race began. In Uzbekistan, a nation rich in natural gas, it began with nearly all energy requirements — 96.75 percent in 2019 — being met by
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The Road to Decarbonisation
The transition to zero emissions will involve three simultaneous economic processes: change in the relative prices of goods and services, with prices starting to reflect the intensity of emissions of carbon; labour relocation; and asset value scrapping. The socioeconomic return
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Green Bonds: How Active Management Aims to Make the Most of a Dynamic Sector
The market for financing linked to environmentally friendly projects and companies has already reached $1trn by some measures and we expect will move swiftly past that landmark during 2021. This, alongside growing policy support in Europe, the US and China,
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Sherzod Khodjhaev, Deputy Minister for Energy, Republic of Uzbekistan: Uzbekistan Gets to Grips with Challenges of Responsible Electric Power Generation
There is something magical about electricity: it has always been present, but its power was only harnessed at the end of the 19th Century. In that relatively short time, it has become almost as necessary as oxygen to billions of
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Alisher Sultanov, Energy Minister of the Republic of Uzbekistan: There Must Be Conservation and Cooling in Uzbekistan
Driving from the airport to Uzbekistan’s ancient city of Bukhara, visitors can see a series of new residential buildings on the side of the road, evidence of the building boom currently underway in Uzbekistan. If you look closely, you can
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UAE Backs China’s One Belt One Road Initiative at Annual Investment Meeting
His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade Ministry of Economy UAE stated,“ Trade activities to amount to $ 33 billion dollars between the UAE and China.” Dubai, United Arab Emirates, 9th April 2019: The UAE is set to
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Dubai Ranks First Globally in Attracting FDI for AI & Robotics
Dubai ranks first globally in attracting foreign direct investments (FDI) for artificial intelligence and robotics The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European Union and
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IFC on Climate Smart Investment: A Gateway for Green Growth in South Asia
Today in India, with a tap of a smartphone, a manufacturer instantly books shipping services for his/her goods through a virtual marketplace. BlackBuck’s online platform has rapidly grown to connect over 350 shippers with a network of over 80,000 freight
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