Annual investment should grow fivefold during the period Hydropower capacity, including pumped storage hydropower (PSH), should more than double by 2050 if the world is to decarbonise and meet the climate goals set in the Paris agreement, a new report by the International Renewable Energy Agency (Irena) has found. Annual investment in hydropower should grow fivefold during […]
Group says high inflation and geopolitical tensions could weigh on demand Opec has revised its global economic growth forecast for this year to 2.6 per cent. Reuters Opec has raised its 2023 oil demand forecast by 100,000 barrels per day amid expectations of an economic rebound in China, the world's largest crude importer. The group […]
Oil prices fell on Tuesday after the US said it would release more crude from its Strategic Petroleum Reserve (SPR), even as concerns continue about sluggish demand due to slowing global economic growth. Brent, the benchmark for two thirds of the world’s oil, was trading 1.28 per cent lower at $85.50 a barrel at 10.09pm UAE […]
Increasing exploration and production ‘in a responsible manner’ is necessary due to high oil and gas prices, Tarek El Molla says Egypt is seeking investments in all aspects of energy production, whether it be in traditional fossil fuels or renewables, the Minister of Petroleum and Mineral Resources Tarek El Molla said. “I cannot say that we will do […]
Mina Aldroubi reports: Rescue teams working in Syria to find survivors of last week's earthquake are facing difficulties with communication, safety and access to fuel and electricity, an official of the International Rescue Committee told The National on Tuesday. The 7.8-magnitude quake struck the country and neighbouring Turkey last Monday, killing more than 37,000 people, at least 3,600 of […]
As the company loses ownership of its liquid assets in the form of cash dividends, it reduces the company’s asset value on the balance sheet, thereby impacting RE. Retained earnings can typically be found on a company’s balance sheet in the shareholders’ equity section. Retained https://www.bookstime.com/ earnings are calculated through taking the beginning-period retained earnings, […]
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The steel industry is one of the strategic sectors or is referred to as the “mother of industries” because it plays an important role in supplying raw material needs for many other industrial sectors. Among them are the construction sector, transportation equipment, heavy equipment, electronics, and defense equipment. “Through the application of industry 4.0 in […]
Despite the great potential in exports, the Association of Indonesian Coconut Charcoal Briquette Entrepreneurs (HIPBAKI), assesses that there are still a number of obstacles faced by entrepreneurs today. The chairman of HIPBAKI, Basuki said, one of the problems faced by these briquette entrepreneurs was the scarcity of briquette raw materials. “This is a very major […]
The steel industry is one of the strategic sectors or is referred to as the “mother of industries” because it plays an important role in supplying raw material needs for many other industrial sectors. Among them are the construction sector, transportation equipment, heavy equipment, electronics, and defense equipment. “Through the application of industry 4.0 in […]
