Iraqi-US companies tie-up to harness gas

23 Apr 2024 CW Team

In a significant move towards sustainable energy practices, Iraqi and US companies have joined forces to sign agreements aimed at capturing and utilising gas for power generation. The agreements mark a pivotal step in Iraq's efforts to reduce gas flaring, a practice that has been a longstanding issue in the country's oil fields. By harnessing the gas instead of burning it off, the initiative not only helps in mitigating environmental degradation but also unlocks economic opportunities through increased energy production.

Through these partnerships, both Iraqi and US companies are set to benefit from the synergies created by leveraging each other's expertise and resources. This collaboration underscores the importance of international cooperation in addressing global energy challenges and advancing towards a more sustainable future.

Furthermore, the initiative aligns with Iraq's broader vision of diversifying its energy portfolio and reducing reliance on conventional fuel sources. By tapping into the abundant natural gas reserves, the country can enhance its energy security while also meeting the growing demand for electricity.

Overall, the partnership between Iraqi and US companies signals a commitment to responsible energy practices and sets a precedent for future collaborations in the global energy sector. As countries worldwide strive to transition towards cleaner energy sources, initiatives like these pave the way for a more sustainable and resilient energy ecosystem.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..