Wednesday , 11 February 2026

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Emirates NBD plans further Saudi expansion

RIYADH / WAM Emirates NBD announced plans for further expansion in the Kingdom of Saudi Arabia following approval from the Saudi Arabian Monetary Authority, SAMA, to open 20 additional branches in the Kingdom. The announcement reflects KSA’s growing importance to Dubai’s biggest bank by assets as the United Arab Emirates continues to strengthen long-standing strategic and economic ties with the …

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Biggest US offshore wind power deals inked

Bloomberg New York has signed the biggest-ever deals for offshore wind power in US history, a key part of the state’s plan to get all of its power from emissions-free sources by 2040. Governor Andrew Cuomo awarded contracts for two projects off Long Island that will total 1,700 megawatts in capacity. Equinor ASA and a joint venture between Denmark’s Orsted …

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Canada gas producers seek break on royalty payments for drillers

Bloomberg Canadian natural gas producers are asking Alberta’s government to give drillers a break on their royalty payments in return for cutting back output during periods of heavy pipeline maintenance, a bid to smooth out the province’s volatile gas market. That would give producers an incentive to dial back their output when capacity on TC Energy Corp.’s Nova Gas Transmission …

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