ABU DHABI / WAM The World Future Energy Summit (WFES) 2019, a key enabler of Abu Dhabi Sustainability Week, has facilitated deals valued at $10.5 billion to be implemented across 20 countries during its four-day run at the Abu Dhabi National Exhibition Centre. The event saw a consortium led by Masdar and France’s EDF win a tender to build a …

Bloomberg Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency (IEA). “We have seen prices fall very significantly since the peak at the beginning of October, and that is providing some relief to consumers,” Neil Atkinson, head of …

Bloomberg Saudi Arabia is in talks to build an oil refinery in South Africa as part of a pledge to invest as much as $10 billion in Africa’s most developed economy. Joint studies for a refinery and petrochemical complex will be conducted by state oil giant Saudi Aramco and South Africa’s Central Energy Fund, energy ministers from the two countries …