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The company plans to add a new production line that will produce 85,000 bottles per hour, or about 20 bottles per second
The 120 MIGD plant is being developed under an independent water producer model
Murban was trading at $64.03 per barrel on the commodities exchange in Abu Dhabi at 3pm UAE time
Trading in Murban crude futures set to enhance capital's position as a global energy hub
The crude price rally has softened in recent weeks, weighed down by inflation concerns and a bleak recovery outlook
The Abu Dhabi benchmark was trading at $63.38 per barrel at 6.03pm UAE time
Light, sweet, heavy and sour: the trade in global oil is differentiated by the levels of viscosity, sulphur and density in various grades
Monday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM
The Landulpho Alves facility is one of Brazil's oldest and has a capacity of 333,000 bpd
Abu Dhabi's hydrogen alliance is assessing several international partnerships
Around 1 million barrels per day are transported through the canal
Oil company has issued engineering design tenders for Dh18bn of projects at Ruwais chemicals hub
Amin Nasser remained optimistic about a broader recovery in the oil markets as vaccine rollout picks up pace
Globally, the hydrogen industry is expected to grow to $183bn by 2023, from $129bn in 2017, according to Fitch Solutions
The SEC denied requests by two oil majors that would force them to detail plans to cut 'Scope 3' emissions
