Dubai / WAM Emirates National Oil Company (Enoc), signed an aviation technical and marketing services agreement with Raven Energy, to support its jet fuel supply operations in Nigeria. Commenting on the agreement, Saif Humaid Al Falasi, Group CEO of ENOC, said, “Today, we supply in excess of 2.8 million US gallon of jet fuel per day to a diversified portfolio ...
Read More »Louvre Abu Dhabi to unveil one of world’s rarest paintings
Abu Dhabi / WAM Salvator Mundi, a masterpiece by Leonardo da Vinci, will be unveiled to the public at Louvre Abu Dhabi on September 18. Acquired by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) in 2017, Salvator Mundi is one of fewer than 20 known surviving paintings by the Italian Renaissance master, one of history’s ...
Read More »Putin, top Trump aide see hope of better ties in Kremlin talks
Bloomberg Russian President Vladimir Putin and US National Security Adviser John Bolton expressed hope they could reverse the downward spiral in relations, meeting in the Kremlin ahead of a possible summit with President Donald Trump. “Your visit to Moscow gives us hope that we can make at least the first steps towards restoring full-scale relations between our countries,†Putin told ...
Read More »US top court upholds Trump’s travel ban
Bloomberg A divided US Supreme Court upheld President Donald Trump’s travel ban, rejecting contentions that he targeted Muslims and giving him a legal and political victory on a controversy that helped define his presidency. The 5-4 ruling ends a legal saga that dates to the beginning of the Trump presidency and helped establish his assertive, divisive leadership style. The decision ...
Read More »Brexit talks deadline may need to be extended: Blair
Bloomberg The UK should start planning to delay Brexit and extend negotiations with the European Union or face the disaster of leaving without a deal, according to former Prime Minister Tony Blair. In an impassioned appeal for a change of course, Blair will warn that crashing out of the EU with no agreement will be “devastating†for the UK, as ...
Read More »Merkel fails to end coalition rift on migrants
Bloomberg Angela Merkel failed to resolve a clash over migration with her Bavarian sister party, ratcheting up pressure on the German chancellor as she faces a weekend ultimatum to tighten borders. Merkel’s Christian Democratic Union is seeking to contain a rebellion by Bavaria’s ruling CSU party, which is taking a hard line on immigration ahead of a regional election in ...
Read More »South Sudan foes agree for truce
Bloomberg South Sudanese President Salva Kiir and rebel leader Riek Machar agreed to a permanent cease-fire within 72 hours and signalled they’re prepared for a second attempt at a power-sharing government to end a ruinous four-year civil war. The conflict in the East African nation has claimed tens of thousands of lives, driven about 4 million people from their homes ...
Read More »Indonesia provincial votes point to Jokowi second term
Bloomberg Indonesian President Joko Widodo’s allies led in key provincial races in elections held across the country on June 27, giving him a major boost before the presidential vote next year. Polls were held in 171 regions that collectively hold more than 152 million registered voters across Southeast Asia’s biggest economy. Analysts were particularly watching the results in Java, home ...
Read More »Trump trade threats turn Exxon, Chevron from backers to critics
Bloomberg Big oil is losing faith in President Donald Trump’s pledges to build the US into a self-reliant energy superpower. Top executives from Exxon Mobil Corp, Chevron Corp and Total SA all took shots at Trump’s trade plans at the World Gas Conference in Washington, expressing concern that US tariffs are a risk to oil and gas demand, and that ...
Read More »Baker Hughes to go it alone as GE seeks exit from oil sector
Bloomberg Baker Hughes will emerge from the shadow of parent General Electric Co amid unprecedented turmoil and dislocation in the global oil business. GE’s plan to unload its 62.5 percent stake in the oilfield-services company over the next two to three years will leave Baker Hughes in much the same place it was before the industrial conglomerate absorbed it last ...
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