DUBAI / WAM Dubai Electricity and Water Authority (Dewa) announced that it will be the host sponsor of the 24th World Energy Congress (WEC), which will be held fr- om September 9 to12 in Abu Dhabi, under the theme ‘Energy for Prosperity’. Saeed Mohammed Al Tayer, MD & CEO of Dewa, will attend the conference and deliver a speech on ...

Bloomberg Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering, people with knowledge of the matter said. The boutique investment banks have started preparatory work on the offering, according to the people, who asked not to be identified because the information is private. They ...

Bloomberg Oil fell for the first time in three days as US Secretary of State Mike Pompeo fanned the flames of the trade war with China, heightening concerns about economic growth that underpins energy demand. Futures fell as much as 1.7 percent in New York on Tuesday. Pompeo told CNBC that Huawei Technologies Co. and other Chinese companies pose national ...