DUBAI: Fatima Al-Shamsi was in the UAE energy ministerial party at the CERAWeek by IHS Markit forum in Houston, Texas, because of her expertise in future energy strategy, but she was also there to pick up some tips on how to organize a global energy conference. In September in Abu Dhabi, the UAE will stage…
DUBAI: Fatima Al-Shamsi was in the UAE energy ministerial party at the CERAWeek by IHS Markit forum in Houston, Texas, because of her expertise in future energy strategy, but she was also there to pick up some tips on how to organize a global energy conference. In September in Abu Dhabi, the UAE will stage…
DUBAI: Saudi Arabian budget airline flyadeal will wait until investigations into two Boeing 737 MAX crashes are completed before deciding whether to proceed with a signed order for 30 of the jets, its CEO said on Friday.The 737 MAX has been banned from flying in most countries after an Ethiopian Airlines crash on Sunday that…
You don’t usually associate the oil industry with humor, but a few days at the CERAWeek by IHS Markit forum in Houston will change your mind. Beneath all the talk of pipelines, polymers and energy policy, there is a layer of levity that, much like the substance itself, can be sweet, light and crude. I’ll…
NEW YORK: US crude futures briefly hit a 2019 high on Friday but retreated along with benchmark Brent oil as worries about the global economy and robust US production put a brake on prices. West Texas Intermediate (WTI) crude oil futures were down 12 cents at $58.49 per barrel at 12:08 p.m. EDT (16:08 GMT),…
NEW YORK: US crude futures briefly hit a 2019 high on Friday but retreated along with benchmark Brent oil as worries about the global economy and robust US production put a brake on prices. West Texas Intermediate (WTI) crude oil futures were down 12 cents at $58.49 per barrel at 12:08 p.m. EDT (16:08 GMT),…
It’s time to doff the Stetson, unhitch the boot spurs and stable the quarter horse for another year. CERAWeek by IHS Markit, the annual “Super Bowl” of the energy industry held in cowboy country in Houston, Texas, is over.Houston is the capital of the US oil industry, and with US crude exports booming at all-time…
You don’t usually associate the oil industry with humor, but a few days at the CERAWeek by IHS Markit forum in Houston will change your mind. Beneath all the talk of pipelines, polymers and energy policy, there is a layer of levity that, much like the substance itself, can be sweet, light and crude. I’ll…
You don’t usually associate the oil industry with humor, but a few days at the CERAWeek by IHS Markit forum in Houston will change your mind. Beneath all the talk of pipelines, polymers and energy policy, there is a layer of levity that, much like the substance itself, can be sweet, light and crude. I’ll…
You don’t usually associate the oil industry with humor, but a few days at the CERAWeek by IHS Markit forum in Houston will change your mind. Beneath all the talk of pipelines, polymers and energy policy, there is a layer of levity that, much like the substance itself, can be sweet, light and crude. I’ll…
NEW DELHI: India’s embattled Jet Airways put photographs of smiling women employees on social media last week for Women’s Day, using the tagline “Standing tall; touching the skies” but few passengers reacted cheerfully.“’Touching the skies’ is a good joke at a time when your flights are getting grounded,” said a respondent on Twitter, while others…
WASHINGTON: The US Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing the company of perpetrating a “massive fraud” on US investors.The SEC said in its civil complaint filed in San Francisco late on Thursday that from April 2014 to May 2015,…
HAWTHORNE, United States: Tesla introduced a new electric sports utility vehicle slightly bigger and more expensive than its Model 3, pitched as an electric car for the masses.Tesla chief executive Elon Musk showed off the “Model Y” late Thursday at the company’s design studio in the southern California city of Hawthorne, and the company began…
NEW DELHI: An influential Hindu nationalist group and an Indian traders body called on Thursday for a boycott of Chinese goods, to slap Beijing for blocking a move to put a Pakistani militant leader on a UN terrorist list following a suicide attack last month.Regarded by Pakistan as its most reliable friend, China has repeatedly…
HONG KONG: Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined $100 million for due diligence failures on a series of IPOs.UBS is the first major bank involved in stock listings to face such a suspension…
TOKYO: A Japanese court sentenced the former high-flying creator of the MtGox bitcoin exchange to a suspended jail sentence of two and a half years Friday after finding him guilty of data manipulation.The Tokyo District Court convicted Mark Karpeles, a 33-year-old computer whizz from France, for tampering with computer data but acquitted him over charges…
NEW DELHI: An influential Hindu nationalist group and an Indian traders body called on Thursday for a boycott of Chinese goods, to slap Beijing for blocking a move to put a Pakistani militant leader on a UN terrorist list following a suicide attack last month.Regarded by Pakistan as its most reliable friend, China has repeatedly…
NEW DELHI: An influential Hindu nationalist group and an Indian traders body called on Thursday for a boycott of Chinese goods, to slap Beijing for blocking a move to put a Pakistani militant leader on a UN terrorist list following a suicide attack last month.Regarded by Pakistan as its most reliable friend, China has repeatedly…
NEW DELHI: An influential Hindu nationalist group and an Indian traders body called on Thursday for a boycott of Chinese goods, to slap Beijing for blocking a move to put a Pakistani militant leader on a UN terrorist list following a suicide attack last month.Regarded by Pakistan as its most reliable friend, China has repeatedly…
LONDON: OPEC on Thursday cut the forecast of global demand for its crude this year as rivals boost production, building a case to extend a supply-cutting deal with Russia and other allies beyond the first half of 2019.In a monthly report, the Organization of the Petroleum Exporting Countries said 2019 demand for its crude would…
