Economy
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Ukraine war: Burger King still open in Russia despite pledge to exit
Burger King remains open as usual in Russia despite the brand’s owner pledging to leave more than a year ago.…
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Water firms want bill rises to cut leaks and spills
Water companies in England and Wales want bills to increase by £156 a year by 2030 to pay for upgrades…
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Consortium of TotalEnergies, Eni, QatarEnergy bids in Lebanon oil and gas licensing r
A coalition of Total Energies, Eni and Qatar Energy applied for the second licensing round to bid on oil and gas blocks…
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OPEC chief optimistic on demand, calls for more oil and gas investment at Adipec
OPEC is optimistic on demand and sees under-investment as a risk to energy security, Secretary General Haitham Al Ghais said…
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Oil industry ‘central’ to climate crisis solutions: COP28 president
The president of the upcoming COP28 climate talks told an Abu Dhabi oil conference on Monday that the fossil fuel…
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China’s power sector investments may top $13.7 trillion by 2060
China’s investments in its power sector may exceed 100 trillion yuan ($13.7 trillion) from 2020 to 2060, the official Xinhua…
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Russian ruble close to seven-week low vs dollar in early trade
The ruble slumped to a near seven-week low against the dollar in early trade on Monday, having now lost support of a…
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Emirates, Shell Aviation sign agreement for sustainable aviation fuel supply
Emirates has announced on Monday an agreement with Shell Aviation for the supply of over 300,000 gallons of blended sustainable…
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Abu Dhabi non-oil economy expands in second quarter amid push to attract hedge funds
Abu Dhabi’s non-oil economy expanded briskly in the second quarter as its efforts to become a hub for hedge funds…
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Big oil, heavy industry gather in UAE to discuss emission curbs ahead of COP28
Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the UAE in an effort…
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