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Alternative litigation measures discussed at ADJD workshop

Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) organised a virtual workshop entitled “Alternative Litigation Means – Mediation and Conciliation”, in light of Federal Law No. 5 of 2021 amending certain provisions of Law No. 17 of 2016 on the Establishment of Mediation and Conciliation Centres in Civil and Commercial Disputes. The workshop was held with the aim ...

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US, Germany seek deal on Nord Stream 2 pipeline

Bloomberg The US and Germany want to conclude a deal by August to blunt Moscow’s geopolitical gains once the controversial Nord Stream 2 gas pipeline is finished, with the two sides exploring ways to shore up Ukraine’s energy sector and deter Russian aggression through the threat of sanctions. The agreement, which some officials hope to have ready for Chancellor Angela ...

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Shell to buy BP’s Shearwater stake

Bloomberg Royal Dutch Shell Plc said it plans to buy BP Plc’s stake in a North Sea field they share, superseding a deal agreed by the British oil major last month. “Shell UK Ltd has agreed to purchase BP’s interest in the Shearwater gas hub,” a spokesperson for the Anglo-Dutch company said, without disclosing terms. “The move reflects Shell’s strategy ...

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