News U Wish to Read – 16 July 2017
Energy
Adnoc charts strategic path that will strengthen links with global economy
The National
The Abu Dhabi National Oil Company is charting a course unlike many of its peers as it prepares to face a radically different energy future, said experts including Daniel Yergin yesterday. The company’s leadership made it clear in comments to The National on Monday that it will not be following the path that many national oil companies (NOCs) have – and which close neighbour Saudi Arabia plans – in selling off a piece of the parent company.
Published: 14th July 2017
Sheikh Mohammed lauds Adnoc’s new approach
The National
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said Adnoc’s new strategic approach, which includes expanding the types of partnerships it forms and spinning off some of its services businesses, will help the economy meet its key fiscal and employment goals.
Published: 15th July 2017
Follow: http://www.thenational.ae/business/energy/energy-majors-see-emphasis-on-gas
Kuwait sees oil inventories falling faster as Opec keeps cutting
Gulf News
Crude oil inventories will decline at a faster pace worldwide in the second half of the year as demand increases and Opec members comply better with a global agreement to cut output, Kuwait’s Opec Governor Haitham Al Ghais said.
Published: 15th July 2017
Politics & Economy
UAE’s financial institutions sign Dubai Declaration on Sustainable Financing
Wam
The UAE’s financial institutions participating at the United Nations Environment Programme (UNEP) Finance Initiative’s 14th Global Roundtable, have signed the Dubai Declaration on Sustainable Financing.
Published: 25th October 2016
Follow: http://www.wam.ae/en/news/economics/1395301774526.html
Community, Environment & Society
France aims to be ‘facilitator’ in Gulf crisis talks
Gulf News
DOHA: French Foreign Minister Jean-Yves Le Drian said in Doha on Saturday that Paris wants to assist Kuwait-led mediation talks on the crisis between Qatar and four other Arab states. “France should be a facilitator in the mediation” led by Kuwait, Le Drian told reporters following talks with his Qatari counterpart Shaikh Mohammad Bin Abdul Rahman Al Thani.
Published: 15th July 2017.
Read more: http://gulfnews.com/news/gulf/qatar/france-aims-to-be-facilitator-in-gulf-crisis-talks-1.2059346
UAE wants resolution, not alleviation of Qatar problem
The National
The UAE said efforts to ease tensions rather than directly address the problem between Qatar and the Arab countries isolating it will only lead to worse crises in future. “We believe that there are two ways of dealing with things, whether to try and ease tension or try to address a problem,” Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, said on Thursday. “We do not believe that an attempt to ease the tension will address the matter, but will lead to delaying the problem, which will lead to a doubling of the situation in the future.”
Published: 13th July 2017.
Read more: https://www.thenational.ae/world/gcc/uae-wants-resolution-not-alleviation-of-qatar-problem-1.568763
Drivers welcome move to buckle up in the back seat
The National
UAE residents have welcomed the introduction of new traffic laws that fine anyone without a seatbelt on in the back of a car and are pleased to hear it’s being enforced. Any back-seat passenger seen by police without a seatbelt on could end up landing their driver with a Dh400 fine and four black points, and children under 4 must be in a child car seat. Before July 1 the law only dictated that people in the front seats must buckle up.
Published: 15th July 2017
Read more: https://www.thenational.ae/uae/drivers-welcome-move-to-buckle-up-in-the-back-seat-1.609055
Dubai to host conference on sustainability, green technologies
WAM
The key challenges facing the environment will be the underlying theme at the 19th edition of the Water, Energy,Technology and Environment Exhibition to be organised in Dubai on October 23rd-25th.The event, organised by Dubai Electricity and Water Authority, DEWA, for the 4th year running, will shed extensive light on the headwinds facing the water, energy and environment sectors in the region, with the participants to seek to come up with innovative eco-friendly solutions that support economic growth while preserving natural resources and protecting the environment.
Published: 04th July 2017
Read more: http://wam.ae/en/details/1395302621501
Masdar: World’s first floating offshore wind farm prepares to set sail
WAM
Masdar has announced that a milestone has been reached in the development of the world’s first commercial scale floating wind farm, which on completion will be sited off the coast of Aberdeenshire, Scotland.
Published: 3rd July 2017
Read more: http://wam.ae/en/details/1395302621361
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