DUBAI / WAM Dubai Future Foundation has announced the selection of a number of local and global startups to work on a series of future projects in collaboration with three government entities within the first round of Dubai Future Accelerators’ 6th Cohort. Nine startups from around the world succeeded in finding innovative solutions to challenges launched by Dubai Police, the ...

Bloomberg Chevron Corp. and four oil services companies won a last-minute US government reprieve to continue producing oil in Venezuela, albeit only for a 90-day period. The US Treasury Department supported Chevron’s request to extend its sanctions waiver by six months, but the majority of other government agencies involved opposed any extension at all, a senior administration official told reporters ...

Bloomberg Petroleos Mexicanos imported less gasoline and diesel in the second quarter as its refineries produced more fuel and the government cracked down on fuel theft. Gasoline and diesel imports totalled 734,000 barrels a day, down 8.5 percent from the same period in 2018, according to a company presentation. Crude output dropped 10 percent compared with the same period a ...