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How The World Agreed To Move Away From Fossil Fuels At COP28
The COP28 climate summit in Dubai started with all the ingredients for spectacular failure: It proposed an end to the fossil-fuel era at a conference situated in Arab oil country amid overt opposition from the powerful oil-producer group OPEC.
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COP28 Forced Into Overtime As Fossil Fuel Phase-Out Divides Countries
The COP28 climate talks went into overtime on Tuesday and countries engaged in shuttle-diplomacy to seek a new draft agreement and try to close a rift over ending the world's use of fossil fuels.
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12-Year-Old Indian Girl Storms COP28 Stage, Shouts "End Fossil Fuels"
Licypriya Kangujam, 12 year old climate activist from Manipur dashed on to the stage at the UN Climate Conference 2023 in Dubai. She bolted onto the stage holding a sign above her head that read, "End fossil fuels. Save our planet and our future."
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Resistance To COP28 Plegde To Phase Out Fossil Fuels After OPEC Pushback
Some countries are resisting a pledge to phase-out fossil fuels in a COP28 climate deal, jeopardising attempts for UN climate talks to deliver a hard commitment for the first time in 30 years on ending the use of oil and gas.
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Kerala Man, Working As Control Room Operator In UAE, Wins ₹ 45 Crore In Lottery
Hailing from Kerala, Sreeju, 39, has been living and working in Fujairah, about 120 kilometers east of Dubai, for the past 11 years.
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Indian Refiners Pay Dollars For Russian Oil After Dirham Attempts Fail: Report
Indian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier.
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Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing
Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May
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Long-Term UAE Visas For Rich, Educated Foreigners In Bid To Boost Economy
The United Arab Emirates will offer long-term visas to rich property investors, senior scientists and entrepreneurs in an effort to support its economy and real estate market, which have been hurt by low oil prices.
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In Oman, PM Narendra Modi Slams Congress For "Misgovernance": 10 Facts
Prime Minister Narendra Modi addressed a crowd of nearly 20,000 Indians who gathered to hear him at the Sultan Qaboos Stadium in Muscat on Sunday. He took shots at the opposition Congress party, saying India's image had suffered due to a long list of scams in the previous regime and his government worked hard to change the "style of misgovernance"....
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Qatar And Its Neighbours May Lose Billions From Diplomatic Split
A diplomatic rift between Qatar and its Gulf neighbours may cost them billions of dollars by slowing trade and investment and making it more expensive for the region to borrow money as it grapples with low oil prices.
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Gloss Comes Off Dubai As Oil Woes Spill Into Expat Promised Land
Kier Riemersma and his wife sat down a few months ago to make a difficult decision.
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Asia's Oil Markets in Upheaval as India and China Change the Game
China and India's combined share of world oil consumption has tripled since 1990.
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OPEC Chief Says No Target Price, But Oil Slide Beyond Fundamentals
Speaking at an event in Dubai, Abdullah al-Badri said the oil price, which dropped to a succession of five-year lows in recent days, had fallen further than market fundamentals should have dictated.
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Saudi firm to buy out Hinduja unit in lubricant venture: report
Saudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner-Hinduja's stake in a lubricant venture in the kingdom, a deal prompted by strategy differences between the partners, three sources aware of the matter said.
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India to approve oil, gas projects 'in 30 days flat': Anand Sharma
Allaying fears of delay in clearances, India today promised foreign investors that it will approve oil and gas projects "in 30 days flat" as it invited Gulf businesses to take advantage of investment opportunities in the country.
-
How The World Agreed To Move Away From Fossil Fuels At COP28
The COP28 climate summit in Dubai started with all the ingredients for spectacular failure: It proposed an end to the fossil-fuel era at a conference situated in Arab oil country amid overt opposition from the powerful oil-producer group OPEC.
-
COP28 Forced Into Overtime As Fossil Fuel Phase-Out Divides Countries
The COP28 climate talks went into overtime on Tuesday and countries engaged in shuttle-diplomacy to seek a new draft agreement and try to close a rift over ending the world's use of fossil fuels.
-
12-Year-Old Indian Girl Storms COP28 Stage, Shouts "End Fossil Fuels"
Licypriya Kangujam, 12 year old climate activist from Manipur dashed on to the stage at the UN Climate Conference 2023 in Dubai. She bolted onto the stage holding a sign above her head that read, "End fossil fuels. Save our planet and our future."
-
Resistance To COP28 Plegde To Phase Out Fossil Fuels After OPEC Pushback
Some countries are resisting a pledge to phase-out fossil fuels in a COP28 climate deal, jeopardising attempts for UN climate talks to deliver a hard commitment for the first time in 30 years on ending the use of oil and gas.
-
Kerala Man, Working As Control Room Operator In UAE, Wins ₹ 45 Crore In Lottery
Hailing from Kerala, Sreeju, 39, has been living and working in Fujairah, about 120 kilometers east of Dubai, for the past 11 years.
-
Indian Refiners Pay Dollars For Russian Oil After Dirham Attempts Fail: Report
Indian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier.
-
Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing
Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May
-
Long-Term UAE Visas For Rich, Educated Foreigners In Bid To Boost Economy
The United Arab Emirates will offer long-term visas to rich property investors, senior scientists and entrepreneurs in an effort to support its economy and real estate market, which have been hurt by low oil prices.
-
In Oman, PM Narendra Modi Slams Congress For "Misgovernance": 10 Facts
Prime Minister Narendra Modi addressed a crowd of nearly 20,000 Indians who gathered to hear him at the Sultan Qaboos Stadium in Muscat on Sunday. He took shots at the opposition Congress party, saying India's image had suffered due to a long list of scams in the previous regime and his government worked hard to change the "style of misgovernance"....
-
Qatar And Its Neighbours May Lose Billions From Diplomatic Split
A diplomatic rift between Qatar and its Gulf neighbours may cost them billions of dollars by slowing trade and investment and making it more expensive for the region to borrow money as it grapples with low oil prices.
-
Gloss Comes Off Dubai As Oil Woes Spill Into Expat Promised Land
Kier Riemersma and his wife sat down a few months ago to make a difficult decision.
-
Asia's Oil Markets in Upheaval as India and China Change the Game
China and India's combined share of world oil consumption has tripled since 1990.
-
OPEC Chief Says No Target Price, But Oil Slide Beyond Fundamentals
Speaking at an event in Dubai, Abdullah al-Badri said the oil price, which dropped to a succession of five-year lows in recent days, had fallen further than market fundamentals should have dictated.
-
Saudi firm to buy out Hinduja unit in lubricant venture: report
Saudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner-Hinduja's stake in a lubricant venture in the kingdom, a deal prompted by strategy differences between the partners, three sources aware of the matter said.
-
India to approve oil, gas projects 'in 30 days flat': Anand Sharma
Allaying fears of delay in clearances, India today promised foreign investors that it will approve oil and gas projects "in 30 days flat" as it invited Gulf businesses to take advantage of investment opportunities in the country.
