News

Abu Dhabi / WAM The Emirates Authority for Standardisation and metrology (Esma), will reveal the UAE’s technical regulations and standards that serve to rationalise energy consumption in the fuel, oil and gas, and petroleum product sectors, at 24th World Energy Congress in Abu Dhabi. Esma will announce the most important national legislative efforts in this regard during the energy congress. It ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), is participating in the 24th World Energy Congress (WEC), to be held in Abu Dhabi, under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. Dewa is a host sponsor of the conference, which is held under the theme “Energy for Prosperity”. Through its stand number H5-180 at ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) will showcase the positive impact that nuclear energy has economically, socially and environmentally at the 24th edition of the World Energy Congress. The four-day event at Adnec is being held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and Enec will highlight the transformational potential ...

Abu Dhabi / Emirates Business The 24th World Energy Congress announced Emirates Water and Electricity Company (EWEC) as a Host Sponsor and key exhibitor, at the upcoming Congress. The inclusion of EWEC in the 24th World Energy Congress, taking place from September 9-12 at Abu Dhabi National Exhibition Centre (Adnec), means most of the UAE’s major energy companies will feature ...

Bloomberg An Indian state-owned refiner is mulling purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on US supplies. Bharat Petroleum Corp. is looking for opportunities to buy some US crude diverted from their original destination of China, according to Refineries Director R. Ramachandran. He said the previously-reported purchase of up to two ...

Bloomberg The Trump administration has launched a multipronged legal assault on an agreement California struck with four carmakers in defiance of the president’s plan to ease national standards on tailpipe emissions. Lawyers from the Transportation Department and Environmental Protection Agency sent a letter to California’s top air-pollution regulator, urging the state to abandon its pact with the automakers and warning ...

Bloomberg Novo Nordisk A/S will offer new US discounts for its insulin drugs NovoLog, Tresiba, and Levemir, joining other pharmaceutical companies that have announced enhanced discounts after public criticism over high prices. In a statement, the Danish insulin maker said it would start a new cash discount programme for the insulins that will allow many American patients to buy a ...

Bloomberg Carbonite Inc, a provider of data protection services, is exploring a sale after receiving takeover interest, according to people familiar with the matter. Its shares rose. The Boston-based company is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public. It has drawn interest from private equity, the people said. ...

Bloomberg As President Donald Trump dragged the brawl over his forecast for Hurricane Dorian into a sixth day, a US agency released a statement bolstering his account — prompting a scathing response from the leader of an agency union. Trump has repeatedly and defiantly continued to defend his assertion that Alabama was in Dorian’s path. He showed White House reporters ...

Bloomberg On paper, it’s the most expensive condo tower in the US. And at 1,550 feet above Manhattan, it’s also the Western Hemisphere’s tallest. Extell Development is building Central Park Tower, the firm’s ultra-luxury follow-up to One57, the Billionaires’ Row skyscraper that touched off the city’s high-end construction boom — and set the stage for the market’s current slowdown. Costly ...