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India prods top LNG buyers to recast deals amid global glut

  Bloomberg India’s liquefied natural gas buyers are being encouraged to renegotiate long-term contracts after spot prices tumbled amid a global glut. “We have asked the companies to renegotiate the LNG deals wherever there is a possibility,” Oil Minister Dharmendra Pradhan said in an interview Monday in New Delhi. “I am hopeful our companies will successfully steer the negotiations.” India ...

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Mohammed visits Masdar City, reviews projects, future plans

  DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum visited on Monday the headquarters of Abu Dhabi’s renewable energy company (Masdar), in the capital Abu Dhabi, where he toured Masdar City and reviewed major clean energy projects and initiatives. HH toured Masdar city, which hosts ...

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Dubai Customs to implement Government Excellence System

  DUBAI / WAM Dubai Customs (DC) launched an integrated action plan to implement the fourth generation of Government Excellence System, launched by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in 2015, to upgrade the government work system based on innovation and standards of excellence. DC has begun conducting awareness ...

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Dubai Tourism launches report to set stage for sector development

  Dubai / Emirates Business The Department of Tourism and Commerce Marketing, Dubai Tourism, has launched its inaugural ‘Ticketed Events in Dubai’ 2015 report, as it seeks to share collective findings to better equip organisers in the decision making process. The report will help grow existing events and to launch new ones based on type, scale, price points, calendar opportunities, ...

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EmiratesGBC, Dubai Council sign pact on energy efficiency

  Dubai / WAM Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has joined hands with the Dubai Supreme Council of Energy for initiatives to double the rate of energy efficiency in buildings by 2030. This follows the new partnership between the World Green Building Council (WorldGBC) and ...

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Etihad, FCHS partner to sponsor Emirati nurses

  ABU DHABI / WAM Etihad Airways Medical Centre (EAMC), the UAE’s first aeromedical facility, and Fatima College of Health Sciences (FCHS) of The Institute of Applied Technology, announced a new partnership to support the training and continued development of Emirati nurses in Abu Dhabi. The partnership, which is the first of its kind in the UAE, forms an important ...

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5 dead as Russian military helicopter downed in Syria

  Beirut / AFP Five people on board a Russian military helicopter were killed on Monday when it was shot down over Syria, in the single deadliest incident for Moscow since it intervened in the war. The attack came as Syrian opposition fighters and their extremist allies battled government forces outside Aleppo in a bid to ease the regime’s siege ...

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Audio-visual players look to tap Mideast market

  Dubai / Emirates Business International players in the professional audio-visual (AV) and entertainment equipment sectors are looking to the Middle East as a key growth market, as they turn to the region’s dedicated industry trade show in Dubai to take their businesses to the next level. Economic development fuelled by upcoming mega events and investments into hospitality, education and ...

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Schneider Electric’s next-gen UPS for harsh environments

  DUBAI / Emirates Business Schneider Electric, a global specialist in energy management and auto- mation, launched Gutor PXC, a standardized, fully industrial uninterruptible power supply (UPS) for harsh environments, in the Gulf region. Ideal for rugged and outdoor settings such as oil and gas exploration and production sites, marine and offshore environments and climates with extreme temperatures, the Gutor ...

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Tokyo Gas in talks with European firms to swap LNG cargoes

  Bloomberg Tokyo Gas Co., Japan’s second-biggest buyer of liquefied natural gas, is in talks with European companies to swap cargoes it owns from the U.S. with those in Asia to reduce shipping times and costs. The utility is offering cargoes from the Cove Point project on the U.S. East Coast, which is expected to start up late next year ...

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