Labworx

p>The UAE’s top energy official has warned that a lack of supply, and not any variance in demand, is the biggest threat to the oil industry in the immediate future. Suhail Al Mazrouei, the current Energy Minister for the Emirates, made the statement on Bloomberg TV and warned that insufficiency could drive prices up in the coming year.

Al Mazrouei’s predictions were made against the backdrop...

Three years after the outbreak of coronavirus, the world’s second largest economy has finally reopened its doors to the world. China had been notable for implementing tougher and longer-lasting lockdown restrictions than almost anywhere else in the world, resulting in a massive drop-off in trade and a substantial knock-on effect on the global economy.

With all restrictions rescinded from Jan...

Emirati company Neutral Fuels has revealed that it sold more than twice as many biofuels in 2022 as the year prior – and that demand for the coming 12 months is already strong. The sharp uplift in sales is being driven largely by the shipping sector, which is pivoting towards more environmentally friendly sources as a result of new regulations from the International Maritime Organisation (IMO)....

Guyana is currently in negotiations with a number of nations (including the UAE) regarding the allocation of offshore oil blocks in its territory. President Irfaan Ali made the disclosure on the fringes of an energy conference in nearby Trinidad and Tobago late last month.

The news might come as a surprise to many oil companies around the world, especially those not owned by state entities. ...

A study conducted by an Emirati university is investigating the effect of isolation and confinement on the mental health of astronauts. Undertaken by the American University of Sharjah (AUS), the research assessed various physical and mental health parameters of six subjects who were isolated in conditions similar to those experienced in space for eight months.

It's hoped that the findings o...

The UAE is set to serve as a reliable partner in supporting India’s renewable energy goals, according to a senior official in the Dubai Chambers of Commerce. Speaking late last month, CEO and President Mohammed Ali Rashed Lootah told assembled journalists on the fringes of the India-UAE Partnership Summit that the two nations were “old energy partners” and he expected more cooperation to follow...

The Emirati renewable energy company Masdar is joining forces with German utilities firm Uniper SE with a view to producing green hydrogen in the UAE. Together, the two businesses plan to construct a green hydrogen facility that will be commissioned within the next three years and will be powered by almost 1.3GW of solar power.

The announcement is the latest concrete collaboration between th...

First Plastic Recycling Plant Planned for the UAE

The UAE is in the early stages of building the country’s first food-grade recycled plastics plant, according to the Ministry of Industry and Advanced Technology (MoIAT). The plant, which will be capable of processing 12,000 tonnes of polyethylene terephthalate (PET) plastic per annum, is scheduled to be located in Abu Dhabi in the coming year...

A total of 11 memorandums of understanding (MoUs) and cooperation agreements were penned at last month’s Riyadh Global Medical Biotechnology Summit. The event, which was the second iteration after its successful inauguration last year, is intended to bring together national, regional and international stakeholders in the field of biotechnology.

Through the gathering of the world’s best minds...

p>The UAE continues to be a global leader in stem cell research, prompting one industry expert to say he was “totally blown away” by the advances being made in the country. Professor Pekka Katajisto, who serves as director of the MetaStem Centre of Excellence at Finland’s University of Helsinki, made the comments on a recent trip to the Emirates.

Through the Abu Dhabi Stem Cell Centre and th...