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‘Crude output cuts deeper and faster than expected’

  Bloomberg OPEC and Russia said they are ahead of schedule implementing their historic agreement to curb oil output and boost prices. Saudi Arabia, Algeria and Kuwait have already made deeper cuts than required, while Russia has been able to reduce supply faster than expected, ministers from the countries said as they arrived in Vienna on Saturday. Producers have already ...

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World needs 25 percent more energy to meet demand by 2040

  ABU DHABI / WAM At the heart of the world’s sustainable development goals lies one crucial statistic. By 2040, we will require at least 25% more energy than is currently produced to meet the needs of a rapidly growing, global population, Dr Sultan bin Ahmed Sultan Al Jaber, UAE Minister of State said. He added that keeping pace with ...

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Mohamed to attend Indian Republic Day celebrations

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, will attend 68th Republic Day celebrations as a chief guest. During the visit, Sheikh Mohamed will hold official talks with President of India Pranab Mukherjee and Indian Prime Minister Narendra Modi. He will ...

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