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UAE to host economic, trade, investment forum in Beijing

Beijing / WAM The UAE will host an Economic, Investment and Trade Forum in Beijing on Monday. Celebrating the 35th anniversary of the close relations between the two countries, the event will promote cooperation for future generations, inspired by the bilateral strategic partnership. The forum during the three-day China visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown ...

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Biggest US offshore wind power deals inked

Bloomberg New York has signed the biggest-ever deals for offshore wind power in US history, a key part of the state’s plan to get all of its power from emissions-free sources by 2040. Governor Andrew Cuomo awarded contracts for two projects off Long Island that will total 1,700 megawatts in capacity. Equinor ASA and a joint venture between Denmark’s Orsted ...

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Canada gas producers seek break on royalty payments for drillers

Bloomberg Canadian natural gas producers are asking Alberta’s government to give drillers a break on their royalty payments in return for cutting back output during periods of heavy pipeline maintenance, a bid to smooth out the province’s volatile gas market. That would give producers an incentive to dial back their output when capacity on TC Energy Corp.’s Nova Gas Transmission ...

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