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UAE ministry participates in inaugural Gulf Family Forum

  DUBAI / WAM The Ministry of Community Development (MoCD) participated in the first Gulf Family Forum titled “Family Future Opportunities and Challenges in the Gulf”, organised by the Secretariat-General of the Gulf Cooperation Council and Family Affairs Council in Riyadh, Saudi Arabia, coinciding with the “Gulf Family Day” which is held annually on September 14. During the forum, the ...

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Germany seizes assets of Russian oil giant Rosneft

Bloomberg Germany is taking control of Russian oil major Rosneft PJSC’s German unit, including stakes in three oil refineries, as Chancellor Olaf Scholz reacts to the unprecedented energy crisis sparked by the invasion of Ukraine. Grid regulator BNetzA will become trustee of RN Refining & Marketing GmbH and Rosneft Deutschland GmbH, which account for around 12% of Germany’s oil processing ...

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Eskom CEO sees South African gas as key in transition from coal

  Bloomberg Eskom Holdings SOC Ltd, South Africa’s state power utility, favors burning more domestically sourced gas as it transitions away from coal, its CEO Andre de Ruyter said. With the structure of the nation’s demand changing and more renewable technology being added to the grid, additional storage in the form of batteries will be needed along with power that can ...

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