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Energy Storage News

 

Ottco, Royal Vopak to Establish Joint Venture in the Special Economic Zone at Duqm

Oct 27, 2025

Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm (SEZAD). The agreement, concluded during the Duqm Economic Forum 2025, reflects OQ’s continued commitment to expanding its investments in Duqm and supports national efforts to attract foreign investment and strengthen global partnerships…

EIB, Iberdrola Sign Loans Totaling $122 Million for Investments in Energy Storage Infrastructure

Apr 15, 2025

The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA)…

Logistics News

Prices for Russian Wheat Exports Hit Highest Since August With Improved Weather

Prices for Russian Wheat Exports Hit Highest Since August With Improved Weather

ADNOC Suspends Crude Loading at Fujairah Port After Drone Attack

ADNOC Suspends Crude Loading at Fujairah Port After Drone Attack

ClassNK SOF for ‘Seawing’ Automated Kite System

ClassNK SOF for ‘Seawing’ Automated Kite System

Additional LNG Exports from Plaquemines LNG Approved

Additional LNG Exports from Plaquemines LNG Approved

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Trump asks allies to secure Strait of Hormuz, as Iran promises to increase retaliation
Dubai Media Office reports that a fire breaks out near Dubai International Airport following a drone attack.
Early findings indicate that the US-owned tanker near Iraq was attacked by unmanned vessels