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First Liwa Date Festival and Auction begins today

LIWA, Al Dhafra / WAM The first edition of the Liwa Date Festival and Auction will begin on Saturday, in Liwa City, Al Dhafra Region, Abu Dhabi, under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region. Organised by the Cultural Programmes and Heritage Festivals Committee on October 15-24, the event aims to ...

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Indonesia needs $37 billion to shut coal-fired plants by 2040

  Bloomberg Indonesia may only need $37 billion to shut down its coal-fired power plants, even if the bill doesn’t include building renewable energy to take their place. That $37 billion worth of financing would be enough to buy out future revenues of 118 existing coal plants and up to 10 years of contracted coal power generation, meaning Southeast Asia’s ...

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Rosneft sues Germany for taking control of oil assets

Bloomberg Russian oil major Rosneft PJSC has filed a legal complaint against the German government’s move last month to take control of its assets in the country. Chancellor Olaf Scholz’s ruling coalition justified the step by saying it was necessary to protect energy supplies and secure the future of the Schwedt refinery near the Polish border, which supplies Berlin and ...

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