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.

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..