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Undaunted by gas price cut, ONGC firm on $4.5bn Capex

  Bloomberg India’s largest oil and gas producer will continue with its record investment plan despite a cut in domestic gas prices, which were reduced for the fourth consecutive time last week. Oil and Natural Gas Corp. plans to invest about 300 billion rupees ($4.5 billion) in the year beginning April 1, including investment in its gas-rich Krishna-Godavari block off ...

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UAE to rely on investment in education: Mohamed

  ABU DHABI / WAM The UAE established the foundations and favourable circumstances for excellence in education and in other sectors in a short time providing a driver for continuous development, thanks to the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, said His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

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Dubai South assigns Etihad ESCO for green initiatives

  DUBAI / WAM Dubai South has assigned Etihad ESCO to provide advisory and implementation services for its energy efficiency and environmental sustainability initiatives, as well as implement the adoption of Dubai Green Building Regulations across the city. The parties signed a Memorandum of Understanding, MoU, to this effect at WETEX 2016, currently taking place at the World Trade Centre, ...

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