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UAE, NSSA ink declaration to train Bahraini space team

MANAMA / WAM The United Arab Emirates Space Agency (UAESA), signed a Declaration of Principles with Bahrain’s National Space Science Agency (NSSA), and the UAE’s Khalifa University, for the Training of the Bahrain Space Team. The signing took place on the sidelines of the 5th Bahrain International Airshow, held at the Sakhir Air Base in Bahrain, under the patronage of His ...

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Canada’s oil industry divided over forced production cuts

Bloomberg Canada’s oil sector is divided over whether to force a temporary cut to production, with some major producers pushing the controversial idea in a bid to ease a supply glut and halt a steep plunge in prices, according to seven people familiar with the matter. Executives from Canadian Natural Resources Ltd and Nexen Energy ULC are among those who ...

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Citi: Oil’s plunge a ‘made in America’ phenomenon

Bloomberg American fingerprints are all over oil’s record losing streak that’s plunged prices into a bear market. The State Department’s zigzag on Iran sanctions, President Donald Trump’s tweets about Opec supply, the demand-sapping trade war with China and the explosion of shale oil production are all key factors leading to the collapse in crude prices since early October, Ed Morse, ...

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