(Bloomberg) — Germany’s solar panels produced record amounts of electricity, exacerbating market forces that were already hammering the profitability of the country’s remaining coal plants. Gin-clear skies...
Oil often referred to as Black Gold is very close to Oman’s heart and to its future economic outlook, despite the fact that Oman is not...
(Bloomberg) — Oil eked out a small gain after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest...
(Bloomberg) — Oil pushed higher after swinging wildly in early trading as investors weighed whether an historic deal by the world’s biggest producers to cut output would...
(Bloomberg) — As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge...
UAE’s National Central Cooling Company (Tabreed) has acquired an 80 per cent stake in Emaar Properties‘ Downtown Dubai district cooling business. In an announcement made yesterday,...
(Bloomberg) — Oil gave up some of last week’s rally after a delay to a planned meeting of top producers to discuss output curbs and signs the...
FUJAIRAH, 1st April, 2020 (WAM/S&P Platts) — Oil product stockpiles in the Middle Eastern hub of Fujairah climbed 8.1 percent over the week of 23rd to...
Abu Dhabi Power Corporation, (ADPower) along with subsidiary, Emirates Water and Electricity Company (EWEC) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Waste Management...
(Bloomberg) — Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning...