ABU DHABI / WAM The Federal National Council (FNC) approved two draft federal laws on amending certain provisions of Federal Law No.18 for 1981 that regulates commercial agencies and the country’s strategic food reserves. The draft laws were approved during the fifth session of the first ordinary session of the FNC’s 17th legislative chapter, chaired by Saqr Ghobash, Speaker of ...

Bloomberg Vestas Wind Systems A/S lost market share last year in the wind turbine industry it has dominated for more than a decade. While the Danish manufacturer remains the biggest producer of the machines that generate electricity from the wind, General Electric Co of the US and Siemens Gamesa Renewable Energy SA of Spain gained share in the market for ...

Bloomberg Federal regulators are set to make a decision on New York’s power market that could disrupt the state’s plans to reach its climate goals. The US Federal Energy Regulatory Commission (FERC) has scheduled a meeting for Thursday to rule on a case filed by some generators who said the state’s policies were unfair because only clean-power producers received subsidies. ...