(Energy Analytics Institute, 14.Jul.2022) — Energy briefs including US President Joe Biden continues meeting with world leaders in the Middle East as part of his tour of the region; and US-based Occidental to host second quarter 2022 conference call on 3 August 2022. MIDDLE EAST Israel — US President Joe […]
Category: United Arab Emirates
UAE
UAE Delegation Explores Opportunities of Energy Transition with the US
(UAE Embassy, 10.May.2022) — His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry & Advanced Technology and Special Envoy for Climate Change, began a visit to the United States to accelerate joint initiatives on the economic growth opportunities of the energy transition, outline UAE investment initiatives to increase production capacity, […]
Sempra to Divest 10% Interest in Sempra Infrastructure Partners
(Sempra, 21.Dec.2021) — Sempra (NYSE: SRE) (BMV: SRE) entered into a definitive agreement to sell a non-controlling 10% interest in Sempra Infrastructure Partners to a subsidiary of the Abu Dhabi Investment Authority (ADIA) for $1.785bn in cash, subject to customary closing adjustments. This transaction implies an enterprise value for Sempra Infrastructure of $26.5bn, including […]
NRGBriefs: Guyana Courts The UAE Or Vice Versa
(Energy Analytics Institute, 21.Oct.2021) — Energy briefs including details of Guyana’s President Irfaan Ali courting investors in the UAE; the repercussions in Caracas from the extradition of Alex Saab to Miami from Capo Verde, and Shell Trinidad and Tobago eyeing finally signing a PSC for development of the 2.7 Tcf […]
Guyana Capturing Global Attention At Dubai Expo 2020
(DPI, 4.Oct.2021) — The Guyana Pavilion at the greatest international mega event – Expo 2020 Dubai – has seen scores of people from across the globe already showing their interest in the vast array of opportunities Guyana holds for investment. Making this disclosure is the Guyana Office for Investment (GO-Invest). […]
OPEC Fund Marks 45 Years Of Driving Development
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than $25bn in essential financing for 135 partner countries. Established in 1976 with a distinct mandate to drive development, strengthen communities […]
UAE Emerges As Hub For Cos. Helping Venezuela
(Reuters, 29.Dec.2020) — In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade. Within weeks, a little-known company based in the United Arab Emirates took over management of […]
UAE Eases Oil Supply Cuts To Asia After OPEC+ Deal
(Bloomberg, 7.Dec.2020) — The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal on cuts. While OPEC’s third-largest producer will still reduce supply to Asia in January, the curbs won’t be as deep as this month in percentage […]