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Emirates to fly daily to Khartoum

Dubai / WAM Emirates airline will boost its frequencies to Sudan with the introduction of daily flights to and from Khartoum starting on March 9. The introduction of additional frequencies will provide more options and added convenience for those wishing to travel to Dubai and beyond to Emirates’ network of over 90 destinations. Emirates continues to take measured steps to ...

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Texas power market $1.3b short post crisis

Bloomberg Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout. The Electric Reliability Council of Texas, which manages most of the state’s grid, said it’s still waiting on more than $2 billion in payments from retail power ...

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China’s overseas energy lending drops to lowest since 2008

Bloomberg China’s overseas energy financing dropped to the lowest level since 2008 after the pandemic hampered deal-making in developing nations. Financing for foreign energy projects, including power plants and mines, fell by 43% to $4.6 billion, according to Boston University’s Global Energy Finance Database, which tracks data from two state-owned development banks. More than half of lending was for a ...

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