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Opec+ strives for oil market stability through monitoring variables: Suhail Al Mazrouei

VIENNA / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the Organisation of the Petroleum Exporting Countries (Opec) and its allies in Opec + always strive to ensure balance in market fundamentals between supply and demand, to avoid an accumulation in global oil inventories that could lead to instability and speculative activities in global markets. In ...

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With plenty of clean energy, Brazil aims for green hydrogen export market

BLOOMBERG  The snake and armadillo-filled scrublands of Northeastern Brazil’s Serra da Babilonia, or Hills of Babylon, are as stunning as a first-rate national park. It’s here where renewable energy is transforming Brazil, and where the country’s green hydrogen economy is getting off the ground. Wind developer Casa dos Ventos just installed 80 turbines. The towers churn out enough power for ...

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Rakez, Icfa ink pact to foster trade in food, agriculture

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) and the Indian Chamber of Food and Agriculture (Icfa) signed a memorandum of understanding (MoU) aimed at fostering mutual growth and development within the food and agriculture sectors of the UAE and India. The MoU was signed by Group CEO of Rakez Ramy Jallad and Icfa Chairman Dr MJ ...

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