September, 2020

• 30 September

  Drydocks World begins work on Jotun FPSO turntable project

  

  Dubai / WAM Drydocks World held a steel-cutting ceremony to mark the start of production on Jotun FPSO Fabrication of Turntable Project for Bluewater Energy Services B.V. for end client, Var Energi. According to Drydocks, this Turntable is part of a Turret Mooring System for the Jotun A Floating, Production, Storage and Offloading vessel to be permanently moored and operated ...

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• 30 September

  Sheikh Zayed Book Award receives 1,616 submissions

  Abu Dhabi / WAM The Sheikh Zayed Book Award announced that it has so far received 1,616 submissions for its 15th edition since the call for submissions commenced on June 1 this year. The ‘Young Author’ category has seen the highest number of submissions, with a rate of 29.34 percent, while ‘Literature’ has received 27.02 percent of the submissions. Submissions ...

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• 30 September

  FCSA: Spending on six CPI sectors up in August

  

  ABU DHABI / WAM Spending on six sectors listed in the General Consumer Price Index (CPI) which aims to track consumer price movements in the UAE, witnessed a surge in August 2020 compared to July 2020, according to recent statistics issued by the Federal Competitiveness and Statistics Authority (FCSA). During the same reporting period, spending on six other sectors included ...

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• 30 September

  Emirates introduces self check-in

  Dubai / WAM Emirates Airlines has announced it introduced self check-in and bag drop kiosks for a more seamless airport experience at Terminal 3, Dubai International Airport. According to Emirates, the service is now available to customers travelling to all destinations except to the US, Canada, China, India and Hong Kong due to additional requirements from these destinations. The 16 ...

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• 30 September

  Enoc group achieves 97 million kWh power savings

  

  Dubai / WAM Enoc Group has announced a record 97 million kWh in power savings since 2014, which is the equivalent of energy needed to power 8,600 houses per year, as a result of implementing a series of energy and resource management initiatives. Since 2014, the group has also recorded significant 230,000 tonnes reductions in carbon dioxide (CO2) emissions; as ...

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• 30 September

  Octopus Energy plans $100m move into US

  

  Bloomberg Octopus Energy, the UK green power provider, bought US startup Evolve Energy as part of a $100 million push into the American market. The company hopes to attract millions of customers as it gets a foothold in the Texas market. It’s the latest step in Octopus’s plan to expand globally, driving down consumer prices with low-cost renewable power. Evolve ...

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• 30 September

  Shell to cut 9,000 jobs as Covid-19 impacts overhaul

  

  Bloomberg Royal Dutch Shell Plc will cut as many as 9,000 jobs as crude’s crash forces billions of dollars in cost savings and the oil and gas giant overhauls its business to embrace clean energy. The move reflects the challenge facing Big Oil as the virus pandemic persists, with some in the industry believing the era of demand growth is ...

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• 30 September

  Trump-Biden debate diminishes US’s dignity

  

  Some political debates have highlights. The first presidential debate this year had only lowlights. Joe Biden called President Donald Trump “a clown.” Trump said Biden wasn’t smart. Biden said Trump “has been a fool.” And on it went, in what must have been the nastiest presidential debate in US history. The most common word in the transcript will be “[crosstalk].” ...

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• 30 September

  Will Uber be a lifeline for Daimler, BMW

  

  There has always been a paradox at the heart of Uber Technologies Inc’s business model. The ride-hailing firm aimed to attract users with prices that undercut the traditional taxi industry, thereby squeezing out the competition. With a monopoly, it would be able to raise its fares and turn a profit. But higher fares then risk irritating the customers it wooed ...

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• 30 September

  Why people have had enough of lockdowns

  The history of epidemics is rife with examples of society rebelling against tough public-health edicts, such as the breach of plague quarantine in 18th-century Marseille or protests against face masks during the 1918 influenza pandemic. The grim consequence is a fresh wave of deadly infections. Covid-19’s million deaths may pale in comparison to the estimated 50 million lives lost in ...

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