True Dominion Enterprises Ltd

Monday, 28 January 2019

IIoT fuels growth opportunities for intelligent pumps in Europe

*Service-based models to emerge with greater cross-industry collaborations 28 January 2019, Sweetcrude, London, U.K. –– Increased customer demand to derive the maximum output from legacy equipment is driving pump manufacturers to integrate enhanced technological features into existing pumps. They started off integrating variable frequency drives (VFDs) and controllers with the aim of conserving energy, monitoring … More »

Australia will account for all FPSO deployments in Oceania by 2025

28 January 2019, Sweetcrude, Lagos — Australia will account for all floating production, storage, and offloading vessels, FPSOs, planned for deployment in Oceania during 2019–2025, according to GlobalData, a leading data, and analytics company. The company’s report: ‘Q1 2019 Global FPSO Industry Outlook – Australia Leads FPSO Deployments in Asia-Pacific’ reveals that, globally, 67 planned … More »

OPEC daily basket oil price closes at $60.90 per barrel

28 January 2019, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $60.90 a barrel on Friday, compared with $60.22 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), … More »

Kenya Power’s prepaid system collapses, causes customer distress

27 January 2019, Nairobi — Electricity distributor Kenya Power has come under renewed pressure after a technical hitch prevented homes and businesses from receiving prepaid service since Wednesday evening. The firm on Thursday evening said the hitch was solved, adding that a backlog of purchases prevented users from accessing their electricity tokens. M-Pesa payments for … More »

France makes biogas support conditional on cutting costs

27 January 2019, Paris — France is ready to provide 7 to 9 billion euros ($8-10 billion) of subsidies for renewable gas but only if the industry can substantially lower its costs, the government said on Friday. Produced from methanisation of agricultural and other biological waste, biogas still costs about four times more than natural … More »

SABIC says challenges remain, views Aramco deal positively

27 January 2019, Dubai — Saudi Basic Industries Corp, SABIC, expects to face challenges this year due to uncertainty over the impact of a global trade war on the United States and China, its major markets, the company’s chief executive said on Sunday. However, the world’s fourth-biggest petrochemicals company said it has the ability to … More »

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