ABU DHABI / WAM The UAE will join global celebrations for World Humanitarian Day, commemorated on August 19 every year. On this day, the UN Office for the Coordination of Humanitarian Affairs (UNOCHA) advocates on behalf of the entire humanitarian community, honouring humanitarian efforts worldwide and propagating the idea of supporting people in crisis. This year’s World Humanitarian Day is ...

Bloomberg The race to develop oil terminals that can fully load supertankers on the US Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead. Over a year, more than 10 projects have been proposed for terminals that, combined, will be able to load 8 million barrels a day onto very ...

Bloomberg The days when energy stocks and price of oil moved in lockstep are now few and far between. Oil may go up but stocks still fall, and in Canada it’s the worst divergence on record. The ratio of the iShares S&P/TSX Capped Energy Index ETF to West Texas Intermediate crude oil is at an all-time low, according to data ...