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Search date: 17-05-2026 Return to current date: Click here

UAE says OPEC, OPEC+ exit was sovereign strategic decision, not political move

DUBAI, May 16 (Reuters): The United Arab Emirates' decision to withdraw from OPEC and OPEC+ was a sovereign and strategic choice based on a comprehensive assessment of its production policy and future capabilities, the UAE energy minister, Suhail Al Mazrouei, said on Saturday in a post on X.Mazrouei added that...

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BP to cut pipeline gas trading team

LONDON, May 16 (Reuters): BP plans to dismantle its pipeline gas trading team, as the oil major focuses on expanding its liquefied natural gas (LNG) trading, two sources familiar with the matter said.BP will lay off around 20 people on its pipeline gas unit and will fold the remaining employees...

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On the occasion of celebrating World Environment Day 2026, the Department of Environment organised a

On the occasion of celebrating World Environment Day 2026, the Department of Environment organised a children and youth drawing competition at its headquarters on Saturday, with the aim of significantly increasing environmental awareness among children and adolescents. Director General of the Department of Environment Dr. Md. Lutfor Rahman attended the...

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Rising diesel costs from Iran war strain US school budgets

LOS ANGELES, May 16 (Reuters): Soaring diesel prices since the onset of the Iran war are draining already tight US school district budgets, making it more expensive to bus students and run generators in a shock officials say they will not be able to afford for long.School districts from Yakima,...

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