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Marathon-Andeavor merger gives stealth access to cheap American oil

Bloomberg Inside the largest refiner merger of all time is a hidden pipeline grab. Andeavor purchased a 25 percent stake last week in Phillips 66 Partners LP’s Gray Oak pipeline, which will haul Permian shale oil to the US Gulf Coast starting in the end of next year. The integrated refining company also owns oil gathering assets in the world’s ...

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VP inaugurates 200MW first stage of solar park phase 3

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, inaugurated the 200 megawatts (MW) first stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The solar park is one of the major projects that the Dubai Electricity and Water Authority (DEWA), is ...

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UAE cements position as regional hub for digital entrepreneurship

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, said that a persistent focus on innovation and government initiatives to create a variety of new investment opportunities are reinforcing the UAE’s position as the region’s entrepreneurial hub. Sheikh Hamdan added that the UAE has embraced ...

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