Sunday, 23 February 2025

Middle East and Africa

ClimateNewsWeather

Dubai airport diverts flights as ‘exceptional weather,’ floods, hits Gulf

Both the Oman and the UAE, which hosted last year's COP28 UN climate talks, have previously warned that global warming is likely to...

BusinessNewsOil

BP starts oil production at new offshore platform in Azerbaijan

New platform is the seventh oil production platform installed in the giant Azeri-Chirag-Gunashli field in the Caspian Sea.

AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Volkswagen to invest $210M in South African plant, expects slower move to EVs

While most global markets transition to EVs, Volkswagen expects African markets to keep making and selling vehicles with internal combustion engines for the...

NewsWeather

Heavy rains lash UAE and surrounding nations as the death toll in Oman flooding rises to 18

DUBAI, United Arab Emirates (AP) — Heavy thunderstorms lashed the United Arab Emirates on Tuesday, dumping the heaviest rain ever recorded in the...

AgricultureClimateEmissionsNewsWeather

Record heat rots cocoa beans threatening Ivory Coast agriculture

Africa has emitted only seven percent of global greenhouse gases since the mid-19th century, according to the UN climate change panel (IPCC), but...

BusinessNewsOil

Oil prices fall after Iran attack as market draws down risk premium

Brent futures for June delivery fell 50 cents, or 0.5%, to $89.95 a barrel, while West Texas Intermediate futures for May delivery were...

NewsOil

Oil seen opening up after Iran’s attack on Israel

Concern over military action sent oil prices up but further gains may depend on response from Israel and the West.

BusinessNewsOil

Gulf markets dip in sign of investor concern after Iran attacks Israel

Brent crude futures were nearing a six-month high on concern that Iran, the third-largest OPEC producer, would attack Israel.

BusinessFinanceNewsOilPolitics

UAE’s ADNOC recently eyed BP as takeover target, sources tell Reuters

The state-owned Abu Dhabi National Oil Company (ADNOC) ultimately decided BP would not be the right fit for its strategy, sources told Reuters.

EmissionsNewsTransport

Red Sea crisis forces operators to use more container ships, adding to emission concerns

The shipping industry's pledge to limit its carbon footprint may suffer a setback as the current Red Sea crisis prompts it to use...

Login into your Account

Please login to like, dislike or bookmark this article.