Fuels

Saipem contracted to transport, install pipeline in Sakarya Gas Field

Italian multinational oilfield services company Saipem will transport and install pipelines for Turkey's Sakarya Gas Field located in Blacksea.

The company was awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million, Saipem announced on Nov. 15.

China is Increasing Coal Production. Calls on the Population to Stock Up on Food

China is increasing its daily coal production by more than a million tons in the context of electricity shortages and at a time when leaders from around the world are negotiating in Glasgow on an agreement on how to save our planet from global warming, AFP reported.

Green Requirements will Pad costs of flying with 8 percent rise by 2050

Environmental regulations aimed at cutting the carbon footprint of aviation will increase the cost of flying by around 8% by 2050, according to the European Commission.

The EU executive tabled a package of energy and climate laws in July this year, aiming to halve the EU's carbon emissions by the end of the decade before reaching net-zero by 2050.

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