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Winter festivities conclude on a positive note

  Sharjah / Emirates Business The first ever three-week long Winter Festival at Al Majaz Waterfront in Sharjah recently drew curtains after providing thirty thousand visitors from all nationalities and age groups across the seven emirates with the unending frolic of a dreamy winter wonderland. Guests were left in awe of a snowy festive landscape, which stretched across the Waterfront’s ...

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As sun sets on oil sands, Grafton eyes renewables

  Bloomberg Grafton Asset Management Inc., a firm that has brought foreign investment into Canada’s oil sands, is looking to add alternative energy to its portfolio for the first time as it positions itself for the decline of fossil fuels. “I’m worried about the future of the industry in general,” Geeta Sankappanavar, president and chief operating officer of the Calgary-based ...

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Asia prime destination for US shale cargoes

  Bloomberg Asia’s finally becoming a prime destination for US shale gas cargoes. At least 10 of the 12 tankers bearing liquefied natural gas that left Cheniere Energy Inc.’s Sabine Pass terminal in Louisiana in December are headed for Asian countries, shipping data compiled by Bloomberg show. The December tally surpasses November’s record of 10 departures. Sabine Pass is the ...

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