DUBAI / WAM Dubai Electricity and Water Authority (DEWA) approved a total budget of AED26.417 billion ($7.2 billion) for 2018, compared to AED24.358 billion in 2017. The 2018 budget incorporates investments in conventional and non-conventional energy sources, adva- nced technologies and innovative projects to realise the vision of Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) participated in the second Atlantic Council Global Energy Forum in Abu Dhabi, held by The Atlantic Council and in partnership with the UAE Ministry of Energy, ADNOC, Mubadala, and Masdar. ENEC Chief Executive Officer, Mohamed Al Hammadi, addressed participants during the opening of “A New Age for Nuclear Energy” plenary ...

Bloomberg Iraq joined the United Arab Emirates and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains. Output cuts by the Organization of Petroleum Exporting Countries and fellow producers have contributed to stability in the oil market, and Iraq supports OPEC’s decision ...