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Sticker shock for cashew eaters

  Bloomberg Get ready for some cashew sticker shock. The global popularity of the kidney-shaped nut has been growing faster than any other tree nut — even almonds. Demand jumped 53 percent since 2010, industry data show. Now the worst drought in a century for Vietnam, the largest exporter, is raising concern that supplies will be even tighter in a ...

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Mubadala Petroleum, Petrofac sign Jasmine FPSO agreement

  ABU DHABI / WAM Mubadala Petroleum reached an agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (Jasmine FPSO), which paves the way for the continued extension of the field life of this successful development. The parties signed a new ‘life of field’ agreement for the provision of ...

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President issues law on regulating deep water resources in Abu Dhabi

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, issued, in his capacity as Ruler of Abu Dhabi, a law on regulation of deep water resources in the emirate of Abu Dhabi. According to the law, the deep water resources in the emirate of Abu Dhabi, shall be owned by the emirate. It stipulates that ...

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