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Abu Dhabi to host international UNOOSA project office

Dubai / WAM The UAE Space Agency and the United Nations Office for Outer Space Affairs (UNOOSA) held a digital signing ceremony on Monday to discuss the creation of an international UNOOSA project office in Abu Dhabi. The meeting comes in an effort to increase collaboration on the long-term sustainability of space activities and promote the use of space for ...

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Extraction Oil & Gas files bankruptcy amid slump

Bloomberg Extraction Oil & Gas Inc filed for bankruptcy with plans to hand ownership to its creditors, becoming the latest producer to succumb to the energy industry’s slump. Some of Extraction’s noteholders agreed to swap unsecured debt for equity, according to a statement. The Denver-based company sought court protection in Delaware after skipping a May 15 interest payment on its ...

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South Africa begins new nuclear plan

Bloomberg South Africa’s Department of Mineral Resources and Energy took another step towards building a new nuclear-power program. The department issued a request for information for 2,500 megawatts of capacity, the ministry said in a statement. Submissions will close on September 15. “This will enable the department to gain insight into the cost of the program, possible ownership structures, cost ...

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