DUBAI / WAM Enoc group opened a new marine station in Umm Suqeim, and will open a second station at Dubai Harbour, an integrated lifestyle development set by the Arabian Gulf, in November, marking Enoc’s sixth marine station in the UAE. Speaking on the occasion, Saif Humaid Al Falasi, Group CEO of Enoc, said, “Dubai has a vibrant marine transportation ...
Read More »SEWGA prepares plan to develop central region
SHARJAH / WAM Sharjah Electricity, Water and Gas Authority (SEWGA) has prepared a plan to carry out the resolution of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to provide electricity, water and gas services in the Central Region’s cities and districts. Dr Engineer Rashid Al Leem, Chairman of SEWGA said that teams ...
Read More »Dubai participates in ‘initiative’ for carbon-free future
DUBAI / WAM Abdulla Mohammed Al Basti, Secretary-General of the Executive Council of Dubai, and Vice Chairman of the Steering Committee of the C40 Cities Network for South and West Asia, confirmed that the Emirate of Dubai has made significant progress within the areas of sustainable development, clean energy, and green economy, in line with the vision of His Highness ...
Read More »Australia seeks clarity on coal import
Bloomberg The Australian government is seeking clarification from Beijing on reports that China has suspended purchases of Australian coal amid heightened diplomatic tensions between the two countries. Chinese power stations and steel mills have been verbally told to immediately stop using Australian coal, people familiar with the order said, asking not to be identified as the matter is private. Ports ...
Read More »ConocoPhillips to buy Concho for $9.7 billion
Bloomberg ConocoPhillips agreed to buy Concho Resources Inc for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s most prolific oil field. Investors will get 1.46 Conoco shares for each Concho share, the companies said in a statement. The transaction ...
Read More »Poland’s PGE to invest $19b for zero-emissions goal
Bloomberg Poland’s largest utility plans to spend 75 billion zloty ($19.4 billion) by 2030 as it aims to become climate-neutral by mid-century. PGE SA seeks to invest half of that amount in renewable energy sources, including offshore and onshore wind as well as solar power plants, it said in a statement. Its 2050 strategy is conditional on a planned spinoff ...
Read More »Would Joe Biden be a friend to British PM?
The US election is weeks away and the doomsayers for the UK’s relationship with a post-Trump America are out in force. Joe Biden is “an Irish-American with no particular love for Boris Johnson or Brexit Britain†thundered a Times of London column last week. Other Conservative voices predict that a Democrat victory would be disastrous for the Brits and end ...
Read More »Who are ‘Good Censors’ on internet
When talking among themselves, Silicon Valley big shots sometimes say weird things. In an internal presentation in March 2018, Google executives were asked to imagine their company acting as a “Good Censor,†in order to limit the impact of users “behaving badly.†In a 2016 internal video, Nick Foster, Google’s head of design, envisioned a “goal-driven ledger†of all users’ ...
Read More »Do give China cheer for making polluters pay
China’s ambitious pledge to decarbonise by 2060 requires the world’s top polluter to dramatically raise the cost of spewing greenhouse gases into the atmosphere. A long-awaited national carbon market that is finally set to begin trading this year will be less demanding and more limited than initially anticipated, if draft plans are a guide. It’s worth welcoming anyway. Beijing could ...
Read More »Trump’s Republican vision is ‘America first’
Even before Hillary Clinton conceded defeat in 2016, the aphorism “It’s Trump’s party now†had been endlessly recycled by those delighted and dismayed by The Donald “body-snatching†the GOP and transforming its vision of America. To quantify just how far Trump’s rhetoric has moved his party’s nationalistic needle, Bloomberg Opinion asked Keatext — a Montreal-based AI text analytics company — ...
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