WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

As Conflict Rages On, Russia Lands Oil Deals In Syria

As Conflict Rages On, Russia Lands Oil Deals In Syria

Putin’s confidence in the Assad…

The Bullish Case For Oil Is Fading Fast

The Bullish Case For Oil Is Fading Fast

As the bullish case for…

Abu Dhabi Opens the World’s Largest Concentrated Solar Power Plant

The United Arab Emirates are rich in oil, and as a result rich in pocket, yet unlike the US oil industry the Arab states understand that renewable energy is vital for the future, and are therefore using their petro dollars to invest in huge projects at the moment.

Abu Dhabi, the richest of the UAE states, has just unveiled the 100 megawatt Shams 1 concentrated solar power plant, the largest in the world.

The facility was developed by Masdar, the Abu Dhabi  Investment company, Total, the French energy company, and Abengoa, the Spanish solar power company, at an estimated cost of around $750 million.

Click here to read the full article.



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News