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ECI announces successful association with Aman Union

dubai / WAM The Etihad Credit Insurance (ECI), the UAE federal export credit company, announces its association with Aman Union, a professional forum for commercial and non-commercial risks insurers and reinsurers in member countries of the Organisation of Islamic Cooperation. Amongst Aman Union’s members are multilateral agencies such as The Arab Investment and Export Credit Guarantee Corporation (Dhaman); The Islamic ...

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Companies call on consumers to pay for carbon capture tech

Bloomberg Some of the world’s biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit. The world’s biggest oil, natural gas and mining companies are stepping up their campaign to deploy carbon capture and storage, or CCS, as way to slow global warming. But with a potential $90-billion-a-year price tag, it’s too rich for them to ...

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Big oil is investing more in US shale

Bloomberg Big oil is investing more in US shale, not less, after the recent tumble in crude prices. The US shale sector has helped boost American production to an average of 10.9 million barrels a day this year, the most on record. Output is forecast to grow a further 11 percent next year, according the Energy Information Administration. ConocoPhillips said ...

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