Dubai / WAM Enoc Group won the coveted 2020 Energy Management Insight Award by Clean Energy Ministerial, a global forum of 25 countries and the European Commission designed to promote sustainable policies and programmes to advance clean energy. Enoc Group was recognised for the implementation of ISO 50001, a global standard to better manage retail operations energy use from energy ...
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‘Preoccupied drivers a danger to road users’
Abu Dhabi / WAM As part of its road safety campaign, the Abu Dhabi Police (ADP) stressed that being preoccupied while driving on the road poses a danger to other road users and could lead to serious traffic accidents. The ADP urged drivers to focus on road and pay attention to pedestrians and road signs in order to avoid accidents, ...
Read More »Adnoc Distribution trains Emiratis to take on leadership roles
Abu Dhabi / WAM Adnoc Distribution has trained 254 UAE national employees to take on leadership roles across its network of service stations. ‘Tomooh’ – meaning ambition in Arabic – is a customised frontline leadership programme developed in collaboration with the Higher Colleges of Technology (HCT). Led by the Centre of Excellence for Applied Research and Training (CERT) – the ...
Read More »Oil, gasoline rise on US Gulf hurricane threat
Bloomberg Oil gained towards $43 a barrel as Laura was predicted to become a major hurricane, menacing crude production and refineries in the US Gulf. Futures in New York edged higher, though gains were outpaced by the global Brent benchmark. Tropical Storm Laura is expected to make landfall on Thursday as a Category 3 hurricane with winds as strong as ...
Read More »100 million direct tourism jobs are at risk due to pandemic: UN
MADRID / WAM The UN Secretary-General Antonio Guterres released on Tuesday a thematic brief on the impact the pandemic has had on tourism. Drawing on the latest data from the World Tourism Organisation, the lead author of the publication, it warns that as many as 100 million direct tourism jobs are at risk, and massive drop in export revenues from ...
Read More »Octopus aims to lead UK power market
Bloomberg Octopus Energy Ltd, the clean energy provider, plans to add millions of new customers this decade on a pace that could soon make it the UK’s largest energy supplier. Octopus Energy hopes to reach about 5 million households in the UK by 2025, according to Chief Executive Officer Greg Jackson, up from about 1.6 million today. The British energy ...
Read More »Japanese firm to sell bonds with coupons linked to green goals
Bloomberg A Japanese real estate developer is planning to sell a bond whose coupon increases if it misses environmental targets, in the first issuance of its kind in the nation. Hulic Co plans to offer 10 billion yen ($94 million) of 10-year so-called sustainability-linked bonds in October, according to a filing on Tuesday. If the company isn’t able to meet ...
Read More »China likely to skip winter LNG feast
Bloomberg Don’t expect an LNG buying binge ahead of winter from the world’s fastest growing consumer of the fuel. China will likely pull back on spot purchases of liquefied natural gas (LNG) before the peak demand season as a flurry of earlier bargain buying nearly maxed out storage space. “There is a big question about whether demand will recover enough ...
Read More »Trump’s convention will be all about Democrats
President Donald Trump is in much worse political shape as the Republican convention begins than he was at the start of the year. He was unpopular even then. At the end of January, he was about five points behind Joe Biden in national polls, which also showed that a small majority of the country disapproved of his job performance. But ...
Read More »Impact of virus deaths in New York
The Covid-19 pandemic has been traumatic for New York City. How traumatic, by historical standards? Well, city health authorities started keeping more or less consistent track of deaths in 1804. Every year, the city Department of Health and Mental Hygiene publishes a remarkable chart on the cover of its vital statistics report of mortality rates since then, labeled “The Conquest ...
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