When one of Canada’s most influential oil lobby groups set out to cleanse its image of an industry proven to drive global heating, it designed a splashy advertising offensive to change public perception. In the ads, the six oilsands majors that make up the Pathways Alliance — Suncor Energy, Imperial Oil, Cenovus Energy, ConocoPhillips, Canadian...
Dubai has emerged as a major hub for Russian oil trade, taking over from Geneva as the primary location for traders selling Russia’s oil to consumers globally. Since Switzerland joined the embargo on Moscow following the Ukraine invasion, a significant portion of the trade has shifted to Dubai and other cities in the United Arab...
Abu Dhabi-based integrated gas processing company ADNOC Gas announced a deal of Dh 25.7- Dh 33 billion (approximately Rs 2570-3300 million) with the Indian Oil Corporation Ltd (IOCL) to supply 1.2 million metric tonnes of liquefied natural gas (LNG) annually. The massive contract with Indian Oil has been signed for a period of 14 years,...
Struck by near-record temperatures and wildfires during this week’s heatwave, the Mediterranean region is ranked as a climate-change “hot spot” by scientists. The beaches, seafood and heritage sites in the region spanning parts of southern Europe, northern Africa and western Asia are under threat. Here are five key threats to the region flagged by the...
The writer is director of the Belfer Center for Science and International Affairs, Harvard University Kennedy School of Government At the foot of the Eqi Glacier in Greenland in June, I watched ice formed thousands of years ago drop into the warming ocean. With this vivid depiction of climate change in my mind, I was...
UAE-based Adnoc Drilling has won five 10-year contracts worth $2bn from state-owned Abu Dhabi National Oil Company (ADNOC). The largest national drilling company in the Middle East by rig fleet size will support ADNOC Offshore’s growing drilling operations with five high-specification, premium jackups along with all required manpower and equipment. The rigs will start activity...
Oil-rich gulf monarchies are leveraging their wealth to deepen ties with China amid anxiety about the future of their longstanding security partnership with the US. Seven months after President Xi Jinping participated in the first China-Gulf summit in Riyadh, economic exchanges between the world’s second largest economy and nations like Saudi Arabia and the United Arab Emirates...
In the days since the Wagner Group abandoned its march on Moscow on June 24th, speculation has grown about what will become of Russia’s notorious paramilitary company and its leader, Yevgeny Prigozhin. Amid reports of President Vladimir Putin poking around Wagner’s assets and troop deployments, and with the status and whereabouts of Mr Prigozhin himself cloaked in mystery, the future...
Saudi Crown Prince Mohammed bin Salman gathered local journalists in Riyadh for a rareoff-the-record briefing in December and delivered a stunning message. The country’s allyof decades, the United Arab Emirates, had “stabbed us in the back,” he said.“They will see what I can do,” he told the group, according to people at the meeting.A rift...
Climate change is beginning to have an enormously negative effect on technology. Intense heat waves, wildfires and droughts are becoming increasingly common and supercomputers have now apparently become part of the collateral damage. The California wildfire in 2018, also known as the Camp Fire, is one such incident. Following a savage drought, it burned 620 square...