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Miral unveils new brand identity, announces portfolio worth $3.5b

Abu Dhabi / WAM Miral on Wednesday unveiled its new visual identity and first brand campaign, signifying a new chapter of growth. It also announced its portfolio of projects under construction worth over AED13 billion ($3.54 billion) on Yas Island and across the emirate, with three new projects coming soon. The new visual identity was revealed at an internal event, ...

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Europe gas glut to help ease winter LNG crunch in Asia

Europe’s near-term natural gas supply glut means more fuel for Asia this winter. Liquefied natural gas (LNG) suppliers are already looking to redirect shipments to Asia for delivery from November onward due to more attractive prices. Asia LNG spot prices jumped above the European gas benchmark for the first time since June earlier this week. This is a reversal: For much ...

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Germany ready to double Uniper aid to $60.14 billion in worst case

Germany is preparing for a worst-case scenario in which it needs to double financial aid to Uniper SE, the nation’s biggest gas supplier, to $60.14 billion. Uniper’s financial situation is worsening with an expected adjusted net loss of $3.2 billion for the first nine months of the year as it buys more expensive wholesale gas to meet supply contracts after ...

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